According to a report by Deep Tide TechFlow, Meta's Chief Technology Officer Andrew "Boz" Bosworth stated that 2025 could be a pivotal year for the company's AR and VR division, Reality Labs. Despite long-term losses at Reality Labs, Meta remains committed to investment and is finally receiving market recognition after experiencing a "valley of disappointment."
It is predicted that the global AR/VR market size will grow from $43.58 billion in 2024 to $382.87 billion in 2033, with a compound annual growth rate of 27.31%. Meta currently holds a dominant position in the VR headset market with a 74.6% share.
