The analyst firm expects the total value of three new product categories - wearables, smart home devices, and augmented and virtual reality headsets - to reach $ 369.6 billion by the end of this calendar year and to rise to $ 524.9 billion by the end of 2025. dollars. These categories have formed over the past decade, but have ceased to be interest-only enthusiasts and have firmly established themselves in the mass market. Experts believe that all three categories will continue to grow through expanding offerings, lower prices, and improved user experience.
The smart home segment, estimated at $ 289.933 billion this year, will grow to $ 400.364 billion by 2025, according to IDC. These figures correspond to average annual growth of 10.1%. The segment of wearable devices during the indicated period will grow from 77.780 to 106.350 billion dollars, which corresponds to average growth of 9.9% per year. Finally, augmented and virtual reality devices, which are estimated at $ 1.930 billion this year, will grow to $ 18.177 billion by 2025. These figures correspond to average annual growth of 67.9%.
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