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The global market size for augmented reality (AR) and virtual reality (VR) is expected to reach $297 billion by 2024, roughly ten times the $30.7 billion market size in 2021, Statistica predicts.

According to numbers given by Nintendo to Famitsu in 1996, the Virtual Boy sold 770,000 units worldwide. ... virtual reality in 1995 was the hottest techno-buzzword around.

Virtual reality allows neurosurgery patients to ‘tour’ their own brains. Over the past year, UCSF Benioff Children’s Hospital has been pioneering a virtual reality technology that enables ...

This article is published by AllBusiness.com, a partner of TIME. Virtual Reality (VR) is a technology that allows users to experience and interact with computer-generated environments in a three ...

In contrast, virtual reality (VR) creates a completely new digitized environment. Augmented reality is easily accessible and affordable, as you do not need to purchase additional, costly equipment.