Interesting AR Statistics in 2023

$88.4 Billion

The global augmented reality (AR) market is forecasted to reach $88.4 billion by 2026.


firmly concur they'll use augmented reality (AR) at least as much as they did this year when shopping.

Source: Snap AR Global Report

$1.5 Trillion

By 2030, AR & VR could contribute $1.5 trillion to the global economy.

Source: PwC

More than 50%

Over half of the people want to use AR technology to evaluate products, enabling a risk-free, “try before you buy”, experience.

$11.6 Billion

The gaming industry accounts for the largest share of the AR market, with a projected revenue of $11.6 billion in 2024.


of shoppers agree that AR gives them more confidence about product quality.

100 Million

consumers use augmented reality to shop both online and offline.

1.73 Billion

The number of Augmented Reality users worldwide is expected to reach 1.73 billion by 2024.

31.5% CAGR

The Augmented Reality Market is expected to grow at a CAGR of 31.5% between 2023 to 2026.