Global AR and VR contact lens market size is forecast to reach $1.74 billion by 2025
Posted on Jul 8 2020 7:03 AM "AR and VR contact lens market growth is attributed to the factors such as growing demand for consumer electronics, increase in demand for AR and VR devices and applications in healthcare, retail, gaming entertainment, e-commerce and others." The Global AR and VR contact lens market size is forecast to reach $1.74 billion by 2025, growing at a CAGR of 62.9% from 2020 to 2025. The market growth is attributed to the factors such as growing demand for consumer electronics, increase in demand for AR and VR devices and applications in healthcare, retail, gaming entertainment, e-commerce and others. The rising deployment of AR and VR in automotive applications in HMD devices and HUD devices for cruise control, lane departure, navigation and other applications will significantly drive the AR and VR Contact Lens market. The adoption of Fresnel lenses in AR and VR HMD devices in particular is set to propel the AR and VR Contact Lens industry. By Le...