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Augmented and Virtual Reality Aviation industry valued at $1,372M by 2025

August 04, 2020 / marketwatch

The report "Augmented and Virtual Reality (AR VR) Market in Aviation by Technology (AR, VR), Function (Training, Operations), Component (Hardware, Software), Application (On-Board, Off-Board), Product, Vertical, and Region - Global Forecast to 2025", is expected to reach USD 1,372 million by 2025 from USD 78 million in 2019, registering a CAGR of 61.2% from 2019 to 2025.Improved passenger experience is a significant growth driver for the augmented and virtual reality market in aviation. Reduced chances of human error also drive this market.