Extended Reality (XR) includes augmented reality (AR), a technology that enhances real experiences with digital overlays of objects and information, virtual reality (VR) a technology that immerses the user in an entirely new reality, mixed reality (MR) which is a hybrid of AR and VR and 3D environments. XR, including hardware, software and services is expected to generate over $200 billion in revenue in 2021 and over $3 trillion in revenue by 2035 creating one of the most significant transformations in the global economy in a century.
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