We are thrilled to announce that for the third consecutive year, Wilkins Avenue AR has been recognized as a key player in the Mixed Reality (MR) industry by Technavio, a global leader in technology research.
According to Technavio's latest report, the MR market is predicted to experience robust growth, with an expected +40% CAGR from 2023 to 2027, reaching an estimated valuation of $1,152 billion. This reflects the enormous potential and rapid expansion of AR, VR, and MR technologies across various sectors.
At Wilkins Avenue AR, our focus has been on integrating augmented reality with physical retail spaces, crafting immersive and unforgettable experiences for customers. Our collaborations with esteemed brands such as Lancôme, L'Oréal, and Maybelline New York exemplify our commitment to redefining retail and entertainment through innovative MR solutions.
This recognition by Technavio underscores the impact of our dedicated team and our visionary approach. It motivates us to continue pushing the boundaries of MR technology, exploring new possibilities and crafting experiences that captivate and engage.
We extend our deepest gratitude to our team, partners, and everyone in our community for their ongoing support and collaboration. Together, we are shaping the future of MR and creating a transformative impact in the industry.
Stay tuned to our blog for the latest updates, insights, and breakthroughs in Mixed Reality and beyond.
Link to the study news release : https://www.prnewswire.com/news-releases/metaverse-market-size-to-record-usd-1152-35-bn-growth-from-2023-2027--growing-number-of-product-launches-is-one-of-the-key-market-trends-technavio-302106672.html