The short version

ARK Investment Management LLC predicted on January 26, 2021: “ARK forecasts that by 2030 the AR market could scale from under a $1 billion today to $130 billion (consumer software revenues). Also: AR & VR markets will grow at a 59% compound annual rate during the next five years, from $3 billion to $28 billion in 2025.” Verdict: Partially right.…

Prediction by

ARK Investment Management LLC

On January 26, 2021

“ARK forecasts that by 2030 the AR market could scale from under a $1 billion today to $130 billion (consumer software revenues). Also: AR & VR markets will grow at a 59% compound annual rate during the next five years, from $3 billion to $28 billion in 2025.”

Follow-up

AR/VR market was approximately $50B by 2025 (IDC estimates, including hardware/software), exceeding $28B but below trajectory for $130B by 2030 due to headset adoption delays (e.g., Apple Vision Pro underperformed sales forecasts).

From the High Caliber AI network — see the AI for PR module in the course.