01 Industry overview
The augmented reality industry at a glance
The augmented reality market is projected to reach $170.0 billion in 2026, while smart-glasses adoption accelerates, with global shipments up 167% year over year in Q1 2026.
- $170.0B[20]
- Market size, 2026
- 29.7%[20]
- Forecast CAGR, 2026–2033
- 2.25M[69]
- Smart-glasses shipments, Q1 2026
- 69.2%[69]
- Meta smart-glasses share, Q1 2026
- Market size
- Grand View Research estimates that the global augmented reality market was valued at $120.2 billion in 2025 and is projected to reach $170.0 billion in 2026. The estimate covers AR hardware, software and services rather than smart-glasses hardware alone.[20]
- Forecast & CAGR
- The global augmented reality market is forecast to reach $1,050.6 billion by 2033, representing a 29.7% compound annual growth rate from 2026 to 2033. IDC separately expects extended-reality glasses to grow 109.8% in 2026 and at a 41.9% CAGR through 2030.[20][69]
- Market share & regions
- IDC reports that Meta held 69.2% of global smart-glasses shipments in Q1 2026, while RayNeo held 3.4% and Xiaomi 3.1%. A 2026 company filing citing IDC projects China’s smart-eyewear shipments at 4.508 million units in 2026, up 77.7% year over year.[69][83]
- Segmentation
- The market is separating into display-based AR glasses, audio or camera glasses, and broader AR/VR headsets. IDC reported that eyewear with displays grew 86% year over year in Q1 2026, while the broader smart-glasses category reached approximately 2.25 million quarterly shipments, up 167%.[69]
- Key players & concentration
- Meta is the leading measured smart-glasses supplier, with 69.2% of global shipments in Q1 2026; RayNeo and Xiaomi followed with 3.4% and 3.1%, respectively. In video-centric AR smart glasses, Counterpoint reported that RayNeo, XREAL and VITURE together held 96% of the segment in the second half of 2025.[69][84]
- Pricing
- Consumer pricing spans from $249 for Meta’s entry-level Adventurer smart-glasses package to $799 for Meta Ray-Ban Display glasses. Ray-Ban Meta Gen 3 camera-and-audio glasses start at $449 in the United States, illustrating the premium attached to display and advanced optical features.[85]
- Trends, drivers & challenges
- Growth is being driven by AI assistants, hands-free image capture, translation, navigation and lighter eyewear designs. Counterpoint reported 108% year-over-year growth in global AR smart-glasses shipments in 2025, but privacy concerns, limited battery life, prescription compatibility, display cost and uncertain consumer willingness to wear cameras remain constraints.[84][85][86]
- Consumer behavior & competition
- The strongest early consumer proposition is low-friction wearable computing: audio, photography and AI assistance in familiar eyewear rather than fully immersive headsets. Meta’s 69.2% Q1 2026 shipment share indicates substantial competitive advantage from its Ray-Ban distribution partnership, while RayNeo, Xiaomi and other Chinese brands compete on lower-cost and display-enabled products.[69][85]
- M&A
- A reported 2026 transaction involved Snap acquiring spatial-AR company Illumix, adding its platform and staff to Snap’s Specs development effort. TDK also acquired the assets of OQmented in August 2026 to strengthen its MEMS-based laser-beam-scanning display business for AR glasses.[7][87]
- Regulation
- The EU AI Act’s transparency obligations took effect in August 2026, including requirements for deployers of emotion-recognition and biometric-categorisation systems to inform exposed individuals. Smart-glasses privacy is also attracting national scrutiny: Norway considered temporary restrictions in 2026 over covert filming and surveillance concerns.[88][86]
- Latest news
- In June 2026, EssilorLuxottica and Applied Materials announced a long-term joint-development agreement covering waveguides, adaptive lenses and other optical technologies for AR and AI-powered eyewear. In September 2026, Meta expanded its lineup with Ray-Ban Meta Audio glasses and new styles, including a $249 entry package.[89]
02 Ranking
Top 10 Companies in the Augmented Reality Industry
The leading companies in the augmented reality industry, ranked on market impact, performance, momentum, innovation and brand popularity.
Updated November 10, 2026 · Next review December 10, 2026
Meta Platforms leads Gitnux's 2026 augmented reality ranking with an Overall score of 9.7, with operating margin 41% in 2024 and R&D at 29% of revenue. Apple is the highest-ranked mixed-reality device supplier at 8.9, with operating margin 33.01% in 2024 and R&D at 9.56% of revenue.
Ranked by Overall score · How we score ↓
Editor's top 3 picks
Where to start, by need.
#1 Overall · Leader in consumer smart glasses
Meta Platforms
US
Ranked #1 · 9.7 · Consumer smart glasses
Why we picked it: Its consumer mixed-reality glasses and platform stack tie to high margin and high R&D intensity.
Leader in mixed-reality headsets
Apple
US
Ranked #2 · 8.9 · Mixed-reality headsets
Why we picked it: Its spatial-computing hardware and visionOS positioning centers on third-party AI app performance.
Leader in enterprise AR glasses
Lenovo
CN
Ranked #4 · 8.6 · Enterprise AR glasses
Why we picked it: Its ThinkReality A3 enterprise augmented-reality glasses target frontline and training workflows.
Pick 1 is the #1 company overall. Picks 2 and 3 are the highest-ranked companies in the top 5 that add a new segment.
Full ranking
| # | Company | Overall ↓ | Impact | Performance | Momentum | Innovation | Company snapshot |
|---|---|---|---|---|---|---|---|
| 1 | Meta Platforms Consumer smart glasses · US | 9.7 | 9.9 | 9.9 | 9.9 | 9.9 | |
Company snapshot · Meta Platforms · Data as of November 10, 2026 Reality Labs sells AR/VR hardware, software and content, including Quest and smart glasses.[90]
| |||||||
| 2 | Apple Mixed-reality headsets · US | 8.9 | 8.8 | 9.5 | 9.2 | 8.5 | |
Company snapshot · Apple · Data as of November 10, 2026 Apple supplies Vision Pro and visionOS for spatial-computing experiences.[91]
| |||||||
| 3 | XREAL Consumer smart glasses · CN | 8.7 | 7.9 | 9.1 | 9.3 | 9.2 | |
Company snapshot · XREAL · Data as of November 10, 2026 XREAL designs, manufactures and markets AR eyewear and related spatial-computing hardware.[92]
| |||||||
| 4 | Lenovo Enterprise AR glasses · CN | 8.6 | 7.9 | 8.7 | 9.8 | 7.0 | |
Company snapshot · Lenovo · Data as of November 10, 2026 Lenovo produces ThinkReality A3 augmented-reality glasses for enterprise use.[93]
| |||||||
| 5 | Rokid Consumer smart glasses · CN | 8.5 | 7.9 | 8.7 | 9.3 | 8.6 | |
Company snapshot · Rokid · Data as of November 10, 2026 Rokid has mass-produced 11 generations of AI and AR glasses and serves over 100 countries.[94]
| |||||||
| 6 | Sony Group Spatial displays and XR content hardware · JP | 8.2 | 7.9 | 8.0 | 8.7 | 7.9 | |
Company snapshot · Sony Group · Data as of November 10, 2026 Sony sells Spatial Reality Displays that show glasses-free 3D spatial content.[95]
| |||||||
| 7 | RealWear Industrial assisted-reality headsets · US | 8.1 | 7.0 | 8.4 | 8.8 | 8.6 | |
Company snapshot · RealWear · Data as of November 10, 2026 RealWear sells voice-controlled assisted-reality headsets for frontline industrial workers.[28]
| |||||||
| 8 | Varjo High-fidelity enterprise XR and mixed reality · FI | 7.9 | 7.0 | 8.1 | 7.6 | 9.2 | |
Company snapshot · Varjo · Data as of November 10, 2026 Varjo develops high-resolution mixed-reality headsets for defense, aerospace and industrial training.[96]
| |||||||
| 9 | HTC VIVE mixed-reality headsets and ecosystem · TW | 7.8 | 7.9 | 7.0 | 7.0 | 9.1 | |
Company snapshot · HTC · Data as of November 10, 2026 HTC sells VIVE XR Elite, a headset combining mixed-reality and virtual-reality capabilities.[74]
| |||||||
| 10 | Magic Leap Enterprise see-through AR headsets and optics · US | 7.6 | 7.0 | 7.4 | 7.1 | 9.2 | |
Company snapshot · Magic Leap · Data as of November 10, 2026 Magic Leap develops see-through AR hardware, waveguides and the Magic Leap 2 headset.[97]
| |||||||
How we score
- Impact (30%): scale and weight in the market (revenue, market share, employees, market position).
- Performance (20%): recent revenue growth and operating margin; an analyst assessment where a company does not publish them.
- Momentum (20%): growth trajectory and future potential.
- Innovation (15%): R&D intensity and how technologically advanced the company is.
Popularity (brand search demand, 15%) counts toward Overall but is not published as a column. Overall leaves out what is not known.
Scale Scores are shown on a 7–10 scale with one decimal; bars start at 7.0.
Cadence Recalculated when new figures are published; next review December 10, 2026.
Independence. Rankings are editorially independent. Scores, ranks, picks and the verdict follow the method above; no company can pay to change them.
Cite this ranking
APA
Samuel Norberg. (2026, November 10). Top 10 companies in the augmented reality industry. In Augmented Reality Industry Statistics. Gitnux. https://gitnux.org/augmented-reality-industry-statistics/#top-companies
Global augmented reality market revenue by component
Hardware holds the largest share at 59%.
03 Trends & forecasts
Top 10 Augmented Reality Industry Trends & Forecasts 2027
What is changing in the augmented reality industry, with the evidence behind each trend and a forecast for 2027.
Forecasts were generated by an AI model from the cited evidence. They are estimates, not guarantees.
01Smart-glasses shipments accelerate sharply
High confidenceGlobal smart-glasses shipments reached approximately 2.25 million units in Q1 2026, up 167% year over year. IDC forecasts total smart-glasses shipments of about 13.6 million units for full-year 2026, rising to 27.3 million by 2030.[69]
Forecast 2027: Shipments should continue expanding in 2027 as more AI-enabled products enter mainstream eyewear channels. A plausible outcome is roughly 18–20 million global units, implying growth of about 35%–45% from IDC’s 2026 baseline.
02AI assistants become the core proposition
High confidenceMeta says its AI glasses support hands-free assistance, live translation, local recommendations and task management through the Muse personal AI agent. IDC identifies AI and friction-reducing uses such as easy photo and video capture as major adoption drivers.[69]
Forecast 2027: In 2027, AI agents should become a standard feature across consumer smart glasses rather than a premium differentiator. Competition will shift toward response quality, multimodal understanding, privacy controls and the breadth of connected services.
03Display-less glasses lead early adoption
High confidenceIDC reports that display-less smart glasses drove the Q1 2026 category surge, while display-equipped eyewear grew 86% year over year. Meta’s audio-only glasses launched at $349, reinforcing the appeal of familiar eyewear with audio and AI functions but no visual display.[69]
Forecast 2027: Display-less products should remain the largest unit category in 2027 because they are lighter, less power-intensive and easier to wear socially. Display-equipped models should grow faster from a smaller base, particularly in enterprise and media-consumption applications.
04Optical-see-through displays scale rapidly
High confidenceIDC forecasts optical-see-through display glasses to rise from 3 million units in 2026 to 12.2 million by 2030, representing a 41.9% CAGR. Counterpoint reports that waveguide-based devices grew more than 600% year over year in the second half of 2025.[69][84]
Forecast 2027: Display glasses should post another high-growth year in 2027 as waveguides, brighter microdisplays and improved software reduce the gap between prototypes and usable products. Annual shipments could approach 4–5 million units if IDC’s long-term growth trajectory persists.
05Headsets lose share to lightweight eyewear
High confidenceIn Q2 2026, extended-reality glasses grew 79.8% year over year while mixed-reality headsets declined 22.3%, according to IDC. IDC forecasts extended-reality glasses to grow at a 41.9% CAGR through 2030, compared with a 34.7% CAGR for mixed-reality headsets.[69]
Forecast 2027: In 2027, glasses should capture a larger share of XR shipments as consumers favor all-day wear, portability and phone-connected experiences. Headsets will remain important for gaming, training and high-fidelity visualization but will be less central to overall AR industry growth.
06Meta retains a distribution-led advantage
High confidenceMeta held 69.2% of global smart-glasses shipments in Q1 2026, supported by its partnership with EssilorLuxottica and the Ray-Ban brand. By the end of 2026, Meta said its AI-glasses portfolio would include more than 100 styles across Ray-Ban, Oakley and Meta Glasses.[69]
Forecast 2027: Meta should remain the unit leader in 2027, but its share is likely to fall as RayNeo, XREAL, VITURE, Xiaomi, Google-linked products and other competitors expand. A reasonable expectation is continued leadership with a share below the Q1 2026 peak.
07Chinese suppliers expand global competition
High confidenceChina’s smart-eyewear shipments are projected at 4.508 million units in 2026, up 77.7% year over year. In Q2 2026, RayNeo held 12.0% of the global XR-device market, while XREAL, VITURE and Rokid held 8.4%, 7.5% and 6.6%, respectively.[83][69]
Forecast 2027: Chinese brands should gain further share in 2027 through lower prices, faster product cycles and strong domestic distribution. Their strongest opportunities will be display glasses, tethered media viewers and entry-level AI eyewear.
08Video-centric AR remains highly concentrated
High confidenceCounterpoint reports that RayNeo, XREAL and VITURE together captured 96% of the video-centric AR smart-glasses segment in the second half of 2025. In Q2 2026, RayNeo, XREAL and VITURE also ranked among the leading vendors in the broader XR market.[84][69]
Forecast 2027: The segment should remain concentrated in 2027, although new Android XR and Chinese brands will gradually reduce the leading trio’s combined share. Differentiation will increasingly depend on content partnerships, comfort, input methods and operating-system integration.
09Entry pricing broadens consumer access
Medium confidenceMeta’s 2026 lineup includes an Adventurer package from $249, Ray-Ban Meta Audio from $349 and Ray-Ban Meta Gen 3 from $449. IDC expects audio glasses to remain the leading category while a wider range of products, prices and channels supports growth.[69]
Forecast 2027: In 2027, sub-$300 camera-and-audio glasses should become more common, while display products remain materially more expensive. Falling component costs and competition from Chinese suppliers should pressure average selling prices, especially for display-less models.
10Optics investment shifts toward scalable waveguides
High confidenceEssilorLuxottica and Applied Materials announced a long-term agreement in June 2026 covering waveguides, adaptive lenses and materials for lightweight AR and AI eyewear. TDK acquired OQmented assets in August 2026 to add MEMS-based laser-beam-scanning and display-engine capabilities.[77][98]
Forecast 2027: In 2027, strategic partnerships and acquisitions should continue as manufacturers try to industrialize waveguides, adaptive lenses and compact light engines. Progress will improve display brightness and form factor, but manufacturing yield and cost will remain constraints.
04 Statistics
Technology & Innovation
Device hardware and enterprise AR tooling dominate the innovation record, including Apple Vision Pro’s 12 cameras and Vuforia’s 1 million-plus developers.
AI in the augmented reality industry
- 12 cameras, five sensors and six microphones are processed by Apple Vision Pro’s R1 chip to support real-time spatial and AI experiences, according to Apple in 2025.[1]
- 16 Neural Engine cores are included in the M5 chip used in Apple Vision Pro, according to Apple in 2025.[1]
- 2× faster performance for third-party AI-powered applications is enabled by the M5 Neural Engine in Apple Vision Pro compared with the previous generation, according to Apple in 2025.[1]
- 1 million-plus developers use Vuforia Engine, whose enterprise augmented-reality portfolio includes AI-enhanced visual inspection, according to PTC in 2024.[2]
- 10% more pixels are rendered by the M5 version of Apple Vision Pro than by the previous generation, supporting AI-enhanced spatial scenes, according to Apple in 2025.[1]
- 10-core CPUs power the M5 chip in Apple Vision Pro, supporting AI-enabled spatial-computing workflows, according to Apple in 2025.[1]
Automation in the augmented reality industry
- 30-plus factories used Vuforia Chalk for augmented-reality remote assistance in Henkel’s Laundry & Home Care division, according to PTC’s case study.[2]
- More than 52,000 employees worked at Henkel, the global company deploying Vuforia Chalk across factories, according to PTC’s case study.[2]
- Less than 6 months was the reported payback period for the four Vuforia customer deployments analyzed by Forrester, according to PTC in 2019.[2]
- 172% return on investment was reported over three years for four Vuforia customers in a Forrester analysis commissioned by PTC, according to PTC in 2019.[2]
- $12.6 million in benefits were generated over three years for four Vuforia customers analyzed in a Forrester study commissioned by PTC, according to PTC in 2019.[2]
- 200 Henkel employees were using Vuforia Chalk for augmented-reality remote assistance, according to PTC’s case study.[2]
Digital Transformation in the software and IT services sector (sector benchmark)
- 45% of North American technology and business decision-makers planned to adopt AI and machine learning to improve business within 12 to 24 months.[3]
- 54.8% of surveyed organizations reported having a chief digital officer or another executive responsible for digital transformation.[4]
- 75% of digital leaders globally planned to increase AI-related business expenditure in 2024.[3]
- 34% of surveyed organizations globally identified replacing or upgrading legacy technology as a top digital-transformation goal in 2024.[3]
- 72% of digital leaders globally expected to increase technology spending in 2024, compared with 50% of digital laggards, according to a survey of 855 technology and business decision-makers.[3]
Technology Adoption in the software and IT services sector (sector benchmark)
- More than 50% of surveyed global IT decision-makers were exploring AI use cases or piloting AI technologies in 2024.[3]
- 51.8% of surveyed organizations reported that AI solutions were somewhat or extremely rare in 2024.[4]
- 57.7% of surveyed organizations reported having a chief information security officer or equivalent in 2024.[4]
- 67.6% of IT services were delivered through cloud infrastructure among surveyed organizations in 2024.[4]
Cloud Computing in the software and IT services sector (sector benchmark)
- 85.2% of EU enterprises using paid cloud services used them for email in 2025.[5]
- 71.5% of EU enterprises using paid cloud services used them for file storage in 2025.[5]
- 52.7% of EU enterprises with at least 10 employees used paid cloud-computing services in 2025.[5]
- 71.7% of EU enterprises using paid cloud services used them for office software in 2025.[5]
- 65.5% of EU enterprises using paid cloud services used them for security software applications in 2025.[5]
- 26.1% of EU enterprises using paid cloud services used computing platforms for application development, testing or deployment in 2025.[5]
Big Data in the software and IT services sector (sector benchmark)
- Big-data analytics adoption averaged 14% among OECD enterprises with at least 10 employees, compared with 49% for cloud computing in the latest comparable data.[6]
- 3% was the lowest reported enterprise adoption rate for big-data analytics across OECD countries in the latest available data through 2023.[6]
- 40% was the highest reported enterprise adoption rate for big-data analytics across OECD countries in the latest available data through 2023.[6]
05 Statistics
Data & Analytics
AR adoption shows measurable analytics outcomes, including 2.3× improvement in first-time-fix rates for AR-using service organizations.
Business intelligence in the augmented reality industry
- 1,200 businesses used Cognitive3D analytics tools to optimize products, improve training outcomes and understand interactions in virtual environments.[7]
- Approximately 35% of companies implementing or late-stage testing IoT and AR were on track to demonstrate internal value.[8]
- About 50% of companies that had implemented IoT and AR or were in late-stage testing had already demonstrated internal value.[8]
- 81% of surveyed companies were using IoT while also exploring the possibility of using augmented reality.[8]
Data analytics in the augmented reality industry
- 458 mixed- and augmented-reality evaluation papers published from 2009 to 2019 were included in a systematic review.[9]
- 43 data-collection methods were identified in a systematic review of 458 mixed- and augmented-reality evaluation papers.[9]
- 15% of AR-using service organizations were more likely than non-users to be satisfied with their ability to use data to achieve goals.[10]
- 2.3 times greater improvement in first-time-fix rates was reported for service organizations using AR than for non-users.[10]
- 47 situated-analytics systems were classified in a survey covering data depiction, situating triggers and view situatedness.[9]
- AR-using service organizations reported 12.0% year-over-year revenue growth, compared with 7.4% among non-users.[10]
Data Quality in the software and IT services sector (sector benchmark)
- In 2025, 35% of organizations globally rated their data excellent for consistency and standardization, across surveyed technology and business organizations.[11]
- In 2025, 46% of organizations globally said they were fully confident in their data quality, across surveyed technology and business organizations.[11]
- In 2024, 95% of enterprise data leaders and practitioners reported a data-quality issue with a direct impact on business outcomes, across companies with at least $1 billion in revenue.[12]
- In 2025, 34% of organizations globally rated their data excellent for relevance and suitability, across surveyed technology and business organizations.[11]
- In 2025, 43% of organizations globally rated their data excellent for quality and completeness, across surveyed technology and business organizations.[11]
- In 2025, 46% of organizations globally rated their data excellent for accuracy and integrity, across surveyed technology and business organizations.[11]
Data Governance in the software and IT services sector (sector benchmark)
- In 2026, 76% of global data leaders said their company’s AI governance did not completely keep pace with employee use of AI technology.[13]
- In 2024, 18.3% of organizations reported having a data-governance or catalog solution as part of their governance program, according to a global governance study.[13]
- In 2024, 35% of U.S. technology executives prioritized data governance among their data-management areas for the next 12 months.[14]
- In 2024, 61% of supply-management organizations reported having a dedicated data-governance function, based on an Institute for Supply Management survey.[15]
- In 2024, 32% of global technology leaders prioritized data governance among their data-management areas for the next 12 months.[14]
- In 2024, 81.7% of organizations reported having no data-governance or catalog solution as part of their governance program, according to a global governance study.[13]
KPIs in the augmented reality industry
- Up to 50% improvement in first-time-fix rate is identified as an ongoing AR service KPI target.[16]
- Up to 40% year-over-year reduction in training costs is identified as an ongoing AR service KPI target.[16]
- Workers using AR smart glasses took 23% more time than controls when repeating the task without AR or paper instructions.[17]
- 95% of customers rated the CareAR service experience four or five stars in the Xerox case study.[18]
- 49.6% was CareAR’s office-product remote-solve rate in the Xerox case study.[18]
- 68% was the improvement in CareAR remote solving over calls without CareAR for Xerox production products.[18]
06 Statistics
Strategy & Growth
The forecast points to volume growth anchored in smart glasses, with 15.4 million AR headset units projected to sell globally in 2026.
Growth in the augmented reality industry
- 15.4 million AR headset units were projected to sell globally in 2026.[19]
- 2.8 million AR headset units were projected to sell globally in 2023.[19]
- 9.6 million AR headset units were projected to sell globally in 2025.[19]
- $170.0 billion was the projected global augmented reality market size for 2026.[20]
- 5.2 million AR headset units were projected to sell globally in 2024.[19]
- $1,050.6 billion was the projected global augmented reality market size for 2033.[20]
Differentiation in the augmented reality industry
- Smart glasses were identified as the fastest-growing augmented reality display segment in the 2026–2033 forecast.[20]
- Head-mounted displays held the largest augmented reality display segment share in 2025.[20]
- Healthcare was identified as the fastest-growing augmented reality application area in the 2026–2033 forecast.[20]
- Industrial and manufacturing applications held the largest augmented reality market revenue share in 2025.[20]
Mergers and acquisitions in the augmented reality industry
- $450 million was the announced value of Infinite Reality's 2024 acquisition of Landvault.[21]
- 22 employees joined RealWear through its 2024 acquisition of Almer Technologies.[22]
- $5.1 billion was Infinite Reality's announced valuation after its 2024 investment and acquisition transactions.[21]
- Hexagon announced its acquisition of Itus Digital, a digital-reality technology provider, on April 4, 2024.[23]
- Autodesk announced its acquisition of The Wild, an XR provider supporting AR and VR workflows, in 2022.[24]
- StayinFront acquired Paris-based SAS Augment, an AR retail-visualization software company, on May 14, 2024.[25]
Strategic partnerships in the augmented reality industry
- Meta and EssilorLuxottica expanded their smart-glasses partnership to Oakley Meta in 2025.[26]
- Microsoft and Volkswagen collaborated on a HoloLens 2 project for moving augmented-reality glasses in vehicles.[27]
- TeamViewer backed RealWear's acquisition of Almer and continued its collaboration with the enterprise AR company in 2024.[28]
- ARway announced EWROS as a new Turkish partner for augmented-reality navigation experiences in March 2024.[29]
- Spotify, Amazon Music, Audible and iHeart were named as Ray-Ban Meta audio partners in 2024.[26]
- ARway signed a deal with George Mason University for augmented-reality campus navigation on April 16, 2024.[29]
07 Statistics
People & Workforce
Workforce adoption is tied to operations and training use cases, with 75% learning retention reported for immersive simulations in XR workforce training.
Remote Work in the software and IT services sector (sector benchmark)
- 6% of global respondents worked fully remotely in 2025, defined as spending less than one day per week in the office.[30]
- 34.8% of global software and IT services respondents worked remotely in 2026, according to the Stack Overflow Developer Survey.[31]
- 84% of technology-services employers agreed in 2025 that the ability to work remotely is important for employee retention.[30]
- 48% of U.S. software and IT professionals surveyed worked remotely in 2026, compared with 21% in France.[31]
- 10% of technology-services respondents worked under fully flexible arrangements in 2025, allowing employees substantial control over remote work.[30]
Hybrid Work in the software and IT services sector (sector benchmark)
- 55% of technology-services respondents worked in a hybrid arrangement in 2025, the highest share among industries measured by Cisco.[30]
- 56% of IT employees worked in hybrid arrangements in 2025, while 31% were fully remote and 13% attended the office daily.[32]
- 52% of U.S. employees with remote-capable jobs worked in hybrid arrangements in May 2026, according to Gallup.[33]
- 47% of global respondents worked in hybrid arrangements in 2025, down from 63% in Cisco’s 2022 study.[30]
- 61% of U.S. employees with remote-capable jobs preferred hybrid work in November 2025, compared with 33% preferring fully remote work.[33]
Upskilling in the augmented reality industry
- 42% of surveyed HR professionals identified finding and securing high-quality talent as a top priority for XR workforce applications, according to the XR Association in 2021.[34]
- 23 million jobs worldwide are projected to use XR technology by 2030, according to Jobs for the Future’s 2024 report.[35]
- 35% of surveyed organizations were using augmented-reality technology for frontline-worker onboarding, according to TeamViewer in 2022.[36]
- 46% of surveyed HR professionals identified training and upskilling as a top priority for XR workforce applications, according to the XR Association in 2021.[34]
- 75% learning retention was reported for immersive simulations in an XR workforce-training summary published by Jobs for the Future in 2024.[35]
Employee Engagement in the software and IT services sector (sector benchmark)
- 74% of respondents approved of fully flexible hybrid policies in 2025, the highest positive sentiment among the policy types Cisco measured.[30]
- 92% of employees ranked collaboration and community as very important aspects of office culture in Cisco’s 2025 global study.[30]
- 37% of exclusively remote U.S. employees were engaged in May 2026, compared with 34% of hybrid employees and 29% of on-site employees with remote-capable jobs.[33]
- 54% of exclusively remote U.S. employees were thriving in May 2026, compared with 52% of hybrid employees and 49% of on-site employees with remote-capable jobs.[33]
- 22.2% of global software and IT respondents were happy with their current professional role in 2026, while 32.6% were unhappy.[31]
Change Management in the software and IT services sector (sector benchmark)
- 42% of SAP change-management respondents cited inability to scale change management to business needs as a challenge in 2025.[37]
- 86% of SAP change managers said in 2025 that change management gives their business a competitive advantage.[37]
- 59% of SAP change-management respondents expected AI to automate manual processes in change management, according to the 2025 survey.[37]
- 48% of SAP change-management respondents faced pressure in 2025 to implement changes more quickly.[37]
- 87% of SAP change-management respondents believed AI would influence change management during the five years following the 2025 survey.[37]
08 Statistics
Customer & Sales
Commercial results emphasize conversion and sales uplift, including 2× higher average order value for EQ3 shoppers using web-AR.
Customer experience in the augmented reality industry
- 94% higher conversion was associated with product interactions using AR, according to research cited in Snap’s global consumer AR report.[38]
- 112% higher conversion was recorded among EQ3 shoppers using AR compared with shoppers who did not use AR, according to the published case study.[39]
- 65% was the increase in gross sales for Jura coffee products enabled with AR and 3D product models.[40]
- 2x higher average order value was recorded for EQ3 shoppers using web-AR than for non-AR mobile shoppers, with the case study published in 2021.[39]
- 62% was the engagement rate with 3D objects in BIG W’s augmented-reality advertising campaign in Australia.[39]
Customer retention in the augmented reality industry
- 18% was the repeat-purchase rate reported for an ecommerce brand before it implemented a structured post-purchase retention program; the case study is not specifically about an AR campaign.[41]
- 1 limited-time offer for Coca-Cola Cinnamon was presented to users who engaged with the holiday AR experience to encourage additional product engagement.[2]
- 1 login step was removed from Coca-Cola’s updated AR experience, allowing users to launch the activation immediately and supporting continued engagement.[2]
Customer acquisition in the augmented reality industry
- 16% was the click-through rate to the online shopping cart generated by BIG W’s AR advertising campaign.[39]
- 17% was the improvement in conversion rates reported within two weeks after the UK ecommerce company updated its AR experience.[42]
- 2.5x was the uplift in BIG W store visits among users who engaged with the campaign’s native AR advertisements.[39]
- 429% more shoppers used AR after EQ3 added a QR-code pathway from desktop product pages to its mobile web-AR experience.[39]
- 10% was the increase in lead-generation showings reported after a UK ecommerce company implemented an AR experience.[42]
Customer loyalty in the augmented reality industry
- 91% of engagement with SPY AR lenses came from the brand’s core audience, indicating strong participation among its existing target community.[43]
- 56% higher ad awareness was reported for Magnum’s AR Lens approach in the campaign comparison cited by Snapchat for Business.[44]
- 35% higher ad awareness was generated by Magnum’s AR-enhanced Snapchat campaign compared with its non-AR comparison activity.[44]
- 1 continued relationship was identified by Tactic Studios as a strategic outcome of Coca-Cola’s AR holiday experience, which rewarded users with a product offer.[2]
09 Statistics
Marketing & Brand
AR marketing outcomes show large performance ranges, including 22x ROAS with 68 million impressions in a Snapchat AR Lens campaign.
Marketing in the augmented reality industry
- 22x ROAS was achieved by an AR Lens campaign that delivered approximately 68 million impressions, according to a Snapchat campaign report.[45]
- 385 million earned-media impressions were attributed to Pepsi’s augmented-reality campaign, which was also associated with a 35% sales increase.[46]
- 18 million interactions with 3D products were recorded on Tillys.com during the first 30 days of the cited AR campaign.[43]
- 313.6% was the year-over-year sales increase reported for a Bollé AR campaign in a national Singapore retail channel.[43]
- 7.2 million earned-media impressions were generated by Modelo’s augmented-reality mural activation.[47]
Digital marketing in the augmented reality industry
- 81% was the increase in PC conversion among eBags shoppers who interacted with 3D and AR-enabled products.[48]
- 5.6% was the click-through rate on SPY’s Facebook AR ad unit.[43]
- 85% was the increase in unique visitors to SPY Optics’ website reported in the AR campaign results.[43]
- 100,796 organic Instagram Stories impressions were generated by Bollé’s third and fourth AR campaigns.[43]
- 112% was the increase in mobile conversion among eBags shoppers who interacted with 3D and AR-enabled products.[48]
Branding in the augmented reality industry
- 35% lower CPM was reported for Magnum’s AR-enhanced Snapchat campaign.[44]
- 2.4x was the lift in ad awareness reported for campaigns using AR compared with campaigns without AR in Snapchat’s cited research.[49]
- 2.2 million people were reached on Twitter by the Tennessee Titans’ XR immersive mural experience.[50]
- 33% more incremental reach was reported for Magnum’s AR-enhanced Snapchat campaign.[44]
- 1.8x was the lift in brand awareness reported for campaigns using AR compared with campaigns without AR in Snapchat’s cited research.[49]
Influencer Marketing in the software and IT services sector (sector benchmark)
- Across technology companies, 64% of marketers reported dedicated and growing budgets for creator or influencer marketing in 2026, according to Nielsen’s global marketing survey.[51]
- Across B2B companies, 58% of marketing teams reported using an always-on influencer marketing approach in the 2025 B2B Influencer Marketing Report.[52]
- Across B2B companies, 55% of marketing organizations were using influencers in 2025, based on an Ipsos survey of 1,500 marketing leaders.[53]
- Across technology companies, 27% of marketers reported dedicated but flat budgets for creator or influencer marketing in 2026, according to Nielsen’s global marketing survey.[51]
- Across B2B companies, 43% of marketers reported outstanding results from their influencer programs in the 2025 B2B Influencer Marketing Report.[52]
10 Statistics
Operations & Execution
Operational execution measures quantify time and error improvements, including 42% higher productivity for Fujitsu’s SFP transceiver installation.
Process optimization in the augmented reality industry
- 58% less operator-training time was reported after Merck Manufacturing Division adopted AR-based performance support for packaging-line procedures.[54]
- 42% higher productivity was achieved for Fujitsu’s SFP transceiver installation process using AR instructions, cutting task time from 53 to 31 minutes in the United States.[2]
- 8–14 hours per locator per month were saved after AR visualization was introduced for utility locating by the City of Ottawa in Canada.[55]
- 19% higher overall assembly productivity was recorded after Fujitsu introduced AR assembly instructions in its network-equipment operations, reducing assembly time from 120 to 97 minutes in the United States.[2]
- More than 1.5 times faster installation-error checking was reported for an AR-supported offshore plant-construction process, reducing the task from more than 120 to fewer than 80 minutes.[56]
Operational efficiency in the augmented reality industry
- Approximately 30% less manager oversight was required when Novo Nordisk used mixed-reality guides for manufacturing work.[57]
- 80% savings in instruction- and training-related consumables were reported for Novo Nordisk’s mixed-reality manufacturing program.[57]
- 75% less rework was reported for Novo Nordisk manufacturing activities supported by HoloLens 2 mixed-reality guides.[57]
Quality management in the augmented reality industry
- AR-supported offshore construction reduced installation-error checking time from more than 120 minutes to fewer than 80 minutes.[56]
- 75% less rework was reported at Novo Nordisk after mixed-reality guides were used in manufacturing procedures.[57]
- 47% fewer assembly errors were measured with AR instructions than with paper instructions in a 24-person assembly experiment.[58]
- 86% fewer inspection errors were observed when AR remote assistance was used, reducing the error rate from 20.19% to 2.88%.[59]
Supply chain in the augmented reality industry
- Nearly 30% less completion time was measured for AR-supported utility locates across the City of Ottawa study’s job types.[55]
- AR-supported utility locating saved 8–14 hours per locator per month for the City of Ottawa’s internal service team.[55]
- 371,250 additional product packs per week were reported after Merck used AR performance support on high-speed packaging operations.[54]
- 75% less rework was reported for Novo Nordisk manufacturing operations using mixed-reality guidance, improving production-flow execution.[57]
- 500 or more smart glasses were deployed by Mexican pharmaceutical wholesaler Nadro with TeamViewer Frontline for warehouse operations.[60]
Outsourcing / Offshoring in the software and IT services sector (sector benchmark)
- Across European organizations, 35% planned to increase their use of nearshore outsourcing in the 2024/2025 sourcing study.[61]
- Among German IT-service generalists, 10.2% of digital-experience services for customer projects were delivered offshore in 2024.[62]
- Across EU enterprises sourcing business functions internationally during 2021–2023, 28.7% moved information and communication technology services abroad.[5]
- Among German IT-service generalists, 19.5% of digital-experience services for customer projects were delivered nearshore in 2024.[62]
- Across German digital-experience service providers, 13.2% of services for customer projects were delivered nearshore in 2024.[62]
11 Statistics
Finance & Pricing
Pricing and margin references span subscriptions and content costs, including $1,600 per user for Microsoft HoloLens 2 applications.
Pricing strategy in the augmented reality industry
- $1,600 per user was the modeled average annual subscription cost for Microsoft HoloLens 2 mixed-reality instruction and remote-collaboration applications.[63]
- RMB24.060 million was the average spending per overseas advertising customer for Flowing Cloud Technology’s AR and VR marketing services in 2024.[64]
- 51 SaaS subscription accounts were reported by ARway.ai when it launched a revised pricing structure for its AR navigation platform.[65]
- RMB26.795 million was the average spending per domestic advertising customer for Flowing Cloud Technology’s AR and VR marketing services in China in 2024.[64]
- RMB144.4 million was Flowing Cloud Technology’s 2024 overseas AR and VR marketing-services revenue, up 45.0% from 2023.[64]
Cost reduction in the augmented reality industry
- 75% less rework was reported for Novo Nordisk manufacturing procedures after AR guides were introduced.[57]
- Nearly 30% less work time was required for City of Ottawa utility locates after AR visualization was introduced.[55]
- 30% less manager oversight was reported for Novo Nordisk employees using mixed-reality guides in manufacturing operations.[57]
- 80% savings in instruction- and training-related consumables were reported for Novo Nordisk’s mixed-reality manufacturing deployment.[57]
- 58% less training time was reported by Merck Manufacturing Division after replacing conventional operator training with AR performance support.[54]
Profitability in the augmented reality industry
- 41.8% gross margin was reported for Hesai’s 2025 LiDAR business, which includes technologies used in augmented-reality and spatial-computing applications.[21]
- 35.9% gross margin was reported by HTC for fiscal 2025, alongside its immersive-technology and AR-glasses businesses in Taiwan.[66]
- RMB1.2651 billion gross profit was reported by Hesai for 2025 after cost and scale optimization in its technology operations.[21]
- 48.3% gross margin was reported for Flowing Cloud Technology’s AR and VR content business in the first half of 2024.[67]
- NT$3.45 billion operating loss was reported by HTC for fiscal 2025, equal to a negative 119.0% operating margin.[66]
Financial planning in the augmented reality industry
- 13 months was the modeled payback period for the composite organization’s Microsoft HoloLens 2 mixed-reality investment.[63]
- $20 million of contemplated equity investment was tied to Vuzix production-run-rate and yield targets for its waveguide and smart-glasses business.[68]
- 35.7% was the year-over-year increase in Flowing Cloud Technology’s AR and VR content cost of revenue in the first half of 2025.[67]
- RMB74.7 million was Flowing Cloud Technology’s AR and VR content cost of revenue in the first half of 2025.[67]
- 177% return on investment was modeled over three years for the composite organization using Microsoft HoloLens 2 mixed-reality solutions.[63]
12 Statistics
Product & Service
Service deployments track measurable service outcomes, including CareAR’s 68% improvement over conventional calls for remote solving.
Product development in the augmented reality industry
- 77% of companies that jointly manage IoT and augmented-reality development have dedicated augmented-reality budgets.[8]
- 13.6 million smart glasses are forecast to ship globally in 2026, rising to 27.3 million by 2030.[69]
- 2.25 million smart glasses were shipped globally in Q1 2026, up 167% year over year, according to IDC.[69]
- 10.4 million mixed-reality devices are forecast to ship in 2030, compared with 3.2 million in 2026.[69]
- 39% of surveyed IoT-and-AR users used Microsoft HoloLens devices in their augmented-reality applications.[8]
Product lifecycle in the augmented reality industry
- Mixed-reality device shipments are forecast to grow from 3.2 million units in 2026 to 10.4 million in 2030.[69]
- Display-less smart glasses shipped in Q1 2026 at approximately the same volume as the entire category shipped during 2024.[69]
- The mixed-reality device category is forecast to achieve a 34.4% unit compound annual growth rate from 2026 through 2030.[69]
- Mixed-reality device revenue is forecast to reach $7.1 billion globally by 2030.[69]
After-sales in the augmented reality industry
- 95% of Xerox customers gave CareAR service experiences a four- or five-star rating.[18]
- CareAR produced a 68% improvement over conventional calls for remote solving of Xerox production-product issues.[18]
- 56% of surveyed field-service organizations were using augmented reality in their service operations.[70]
- 21,000 dispatches had been deflected by CareAR since 2021 in Xerox service operations.[18]
- CareAR delivered a 49.6% remote-solve rate for Xerox office products.[18]
Value proposition in the augmented reality industry
- 76% of companies developing AR-only solutions believed that adding IoT would create value for their applications.[8]
- About 80% of surveyed companies expected payback from IoT-and-AR investments within three years.[8]
- 26% of surveyed companies had recouped their IoT-and-AR investment within one year or less.[8]
- PTC Vuforia generated $12.6 million in modeled benefits for the organizations examined in Forrester’s enterprise AR study.[2]
- 58% of organizations using VR or AR for customer experience expected significant value within six months of deployment.[71]
13 Statistics
Sustainability & Ethics
Sustainability reporting is increasingly quantified, including 92.64 kgCO2e cradle-to-grave lifecycle carbon footprint for one HTC VIVE XR Elite set.
Sustainability in the augmented reality industry
- 99% of packaging materials for HTC’s VIVE XR Elite series were recycled materials and plant fibers in 2024.[66]
- 46% is the maximum potential reduction in carbon emissions from online shopping when consumers use augmented-reality tools such as virtual try-ons, according to 2023 research in the United States.[72]
- 68% of surveyed consumers said they would use augmented reality to reduce emissions through virtual try-ons, digital menus, product customization or virtual events in 2023.[72]
- 358,841 metric tons of CO2e were represented by an augmented-reality sustainability-reporting system using Herc Rentals’ 2024 Scope 1, Scope 2 and Scope 3 data.[73]
- 80% was the reduction in HTC’s paper usage in 2023 compared with 2022, under its paperless-office initiative supporting XR operations.[74]
ESG in the augmented reality industry
- 0.2% of VIVE XR Elite’s lifecycle emissions came from disposal in HTC’s 2024 assessment.[66]
- 24.5% of VIVE XR Elite’s lifecycle emissions came from materials in HTC’s 2024 product-carbon-footprint assessment.[66]
- 92.64 kgCO2e was HTC VIVE XR Elite’s verified cradle-to-grave lifecycle carbon footprint, including packaging, in 2024.[75]
- 20.7% of VIVE XR Elite’s lifecycle emissions came from distribution in HTC’s 2024 assessment.[66]
- 48.6% of VIVE XR Elite’s lifecycle emissions came from product manufacture in HTC’s 2024 assessment.[66]
Ethics in the augmented reality industry
- 65% of 138 virtual-try-on websites studied in 2024 transmitted users’ images to servers, often involving third-party servers.[76]
- 931 cookies were identified across 138 virtual-try-on websites examined in 2024.[76]
- 25% of virtual-try-on providers studied in 2024 failed to comply with their stated privacy policies.[76]
- 11% of virtual-try-on websites studied in 2024 failed to comply with their own privacy policies, including by sharing user images without proper disclosure.[76]
- 22% of virtual-try-on websites studied in 2024 used misleading disclaimers about data-handling practices.[76]
Circular economy in the augmented reality industry
- 3 major material groups—plastic, metal and glass—make end-of-life management complex for smart eyewear and AR-related glasses products, according to EssilorLuxottica’s circularity program.[77]
- 97% is the recycled-acetate content of eyewear material described by the European Circular Economy Stakeholder Platform.[78]
- 3% is the maximum black-ink content in the recycled acetate used in the eyewear circular-economy example documented by the European Commission.[78]
- 2 circularity levers—longer use and end-of-life management—are used in EssilorLuxottica’s eyewear program, which includes Ray-Ban smart-glasses-related products.[77]
- 99% of packaging materials used for HTC’s VIVE XR Elite series were recycled materials and plant fibers in 2024.[66]
Carbon footprint in the augmented reality industry
- 48.6% was the manufacturing share of VIVE XR Elite’s 92.64 kgCO2e lifecycle footprint in 2024.[74]
- 5.548 kgCO2e came from use in the lifecycle footprint of one VIVE XR Elite set in 2024.[74]
- 19.148 kgCO2e came from distribution in the lifecycle footprint of one VIVE XR Elite set in 2024.[74]
- 45.041 kgCO2e came from manufacturing in the lifecycle footprint of one VIVE XR Elite set in 2024.[74]
- 22.720 kgCO2e came from materials in the lifecycle footprint of one VIVE XR Elite set in 2024.[74]
14 Statistics
Risk, Compliance & Legal
Privacy and security scrutiny is measurable via studies, including 6,426 privacy-policy files and 6,620 APKs in a 2026 mobile AR obligations study.
Compliance in the augmented reality industry
- 6,620 APKs were included in the U.S. subset of a 2026 study of mobile augmented-reality privacy obligations.[9]
- 20 U.S. states had comprehensive privacy laws in effect when a 2026 study examined mobile augmented-reality privacy disclosures.[9]
- 6,426 privacy-policy files were included in the U.S. subset of a 2026 study of mobile augmented-reality applications.[9]
- 138 virtual-try-on websites and 28 Android apps were analyzed for privacy and security compliance in a 2024 augmented-reality study.[76]
- 1 broken-authentication vulnerability was identified in a virtual-try-on provider during the 2024 augmented-reality privacy study.[76]
Risk Management in the software and IT services sector (sector benchmark)
- Across U.S. organizations, 52% have not integrated risk and resilience capabilities, accountabilities or organizational structures, according to a 2025 survey.[14]
- Across U.S. organizations, 41% identify technology risk as a leading five-year risk challenge, according to a 2025 survey.[14]
- Across U.S. organizations, 57% identify cybersecurity as their biggest risk challenge over the next five years, according to a 2025 survey.[14]
- Across U.S. organizations, 43% identify data privacy risk as a leading five-year risk challenge, according to a 2025 survey.[14]
Cybersecurity in the software and IT services sector (sector benchmark)
- Across North American IT channel companies, 49% cite cybersecurity services demand as a top driver of industry health in 2025.[79]
- Across North American IT channel companies, 39% cite recurring managed-services revenue opportunities as a top industry-health driver in 2025.[79]
- Among organizations providing software, digital or connected managed services, 83% report formal incident-response policies with customer-breach notification plans and timelines.[80]
- Across North American IT channel companies, 49% cite adoption of artificial-intelligence tools as a top industry-health driver in 2025.[79]
- Across North American IT channel companies, 47% cite continued cloud adoption as a top driver of industry health in 2025.[79]
Data Privacy in the software and IT services sector (sector benchmark)
- Among data-protection professionals globally, 59% use specialist software for at least one data-protection task in 2025.[81]
- Among data-protection professionals globally, 46% use specialist software to manage records of processing activities in 2025.[81]
- Among data-protection professionals globally, 31% use specialist software to provide privacy training in 2025.[81]
- Among data-protection professionals globally, 43% use specialist software to conduct privacy or data-protection impact assessments in 2025.[81]
- Among data-protection professionals globally, 25% use specialist software to conduct vendor risk assessments in 2025.[81]
Crisis Management in the software and IT services sector (sector benchmark)
- Across business and IT executives in the United States, United Kingdom, Australia and Japan, 83% said the July 2024 global IT outage caught them off guard.[82]
- Among IT executives in the United States, United Kingdom, Australia and Japan, 47% say insufficient incident-management planning would worsen major IT outages.[82]
- Among business executives in the United States, United Kingdom, Australia and Japan, 41% say insufficient incident-management planning would worsen major IT outages.[82]
- Across executives in the United States, United Kingdom, Australia and Japan, 88% expect a major IT incident comparable to the July 2024 outage during 2025.[82]
- Across business and IT executives in the United States, United Kingdom, Australia and Japan, 43% say neglecting business-continuity planning would worsen major IT outages.[82]
15 Statistics
Globalization & Expansion
Global distribution expands with supply and partnerships, including 4.508 million China smart-eyewear shipments projected for 2026.
Globalization in the augmented reality industry
- Five country headquarters across three continents were included in ARHT Media's first mult country holographic-display contract in 2024.[65]
- Millions of Ray-Ban Meta AI glasses had been sold globally by May 2026.[26]
- $120.2 billion was the global augmented reality market size in 2025.[20]
- 34.0% was North America's share of global augmented reality market revenue in 2025.[20]
Cultural adaptation in the augmented reality industry
Supplier management in the augmented reality industry
Stakeholder management in the augmented reality industry
Distribution channels in the augmented reality industry
- $1.3 trillion in worldwide billings and sales were facilitated by the App Store ecosystem in 2024.[1]
- 813 million weekly visitors on average used the App Store worldwide in 2024, a distribution channel for AR applications.[1]
- Nearly 50% of App Store physical-goods and services activity came from general retail in 2024.[1]
- $131 billion in worldwide digital-goods and services billings and sales were facilitated by the App Store ecosystem in 2024.[1]
Key questions about the augmented reality industry
What is the augmented reality market size in 2026?
How fast is the augmented reality market growing after 2026?
Which companies lead the augmented reality industry?
What technology shifts stand out in smart-glasses adoption during 2026?
How concentrated is smart-glasses supply in early 2026?
What do privacy and regulation developments affect in smart glasses during 2026?
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
Samuel Norberg. (2026, November 10). Augmented Reality Industry Statistics. Gitnux. https://gitnux.org/augmented-reality-industry-statistics
Samuel Norberg. "Augmented Reality Industry Statistics." Gitnux, 10 Nov 2026, https://gitnux.org/augmented-reality-industry-statistics.
Samuel Norberg. 2026. "Augmented Reality Industry Statistics." Gitnux. https://gitnux.org/augmented-reality-industry-statistics.
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Social media in the augmented reality industry