From $37.0 billion in 2019, the global augmented reality (AR) and virtual reality (VR) market is predicted to reach a revenue of $1,274.4 billion by 2030. According to the estimates of the market research firm, P&S Intelligence, the market will exhibit a CAGR of 42.9% from 2020 to 2030. The market is being driven by the surging incorporation of the AR and VR technologies in the entertainment, tourism, healthcare, education, and gaming industries. The surging adoption of the AR and VR technologies by enterprises operating in various sectors is further boosting the advancement of the AR and VR market. Major solution providers, app developers, and device manufacturing companies are increasingly targeting businesses, both small and large, owing to the wide application pool provided by them. Moreover, a large number of Fortune 500 companies have began experimenting with these solutions and some of them have already launched pilot projects. For instance, The Boeing Company witnessed...