DSCC says that the AR and VR markets are set for quick growth, and display sales for AR and VR devices will grow at a CAGR of 52% between 2020 and 2026, to reach $4.2 billion in sales (up from $347 million in 2020). This forecast does not include military applications.

AR and VR display technology market share forecast (2022-2026, DSCC)

The main bulk of the market will remain displays for VR, as actual see-through AR will remain a relatively small market even in 2026. DSCC see microLED technologies providing a breakthrough in this market, but actual microLED display shipments will remain low, around 5%. The market will be dominated by OLED microdisplays.

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