XR market to generate $6.3 billion in 2020

In 2020, extended reality hardware and software revenues will bring in $6.3 billion, according to revised estimates by SuperData. That’s down from $7.7 billion the analytics firm previously projected.

The revision takes into account supply chain disruptions due to manufacturing facilities shutting down around the globe over COVID-19.

Specifically, Valve Index only sold 33,000 units in Q1 2020, which is a dramatic drop from 103,000 units sold in Q4 2019.

Long-term projections have also been revised. According to SuperData, the XR revenue will hit $12.2 billion by 2023 instead of$14.9 billion as previously projected.

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