Augmented and Virtual Reality to Grow to $150 Billion by 2020, Forecaster Says

The augmented reality and virtual reality markets have yet to get off the ground. But market advisor Digi-Capital estimates that the combined markets will reach $150 billion by 2020. Digi-Capital Managing Director Tim Merel believes that augmented reality—where you can add a virtual overlay to glasses that enable you to see the real world in a new way—will be four times bigger at $120 billion than virtual reality, which immerses you in a virtual world via goggles.