- A thorough examination of the product/service business is provided in the Report Ocean publication, “Global AR VR in the Hospitality Market,” which looks at both past trends and potential future growth from 2023 to 2031. This study provides insights into the success of organizations and the market as a whole in the preceding year, making it an invaluable resource for firms looking to develop plans that will work for the upcoming years.
- Hospitality AR/VR Market to Expand at a Rate of Over 30% by 2028.
- A growing demand for AR and VR gadgets has been made possible in some of the travel-driven economies by the increasing emphasis on providing customers with more immersive and engaging travel and hospitality experiences. As a result, it has accelerated the rise of AR and VR in the worldwide hotel business. Additionally, the government is investing an increasing amount of money to support the travel, tourism, and hospitality sectors in their respective nations in order to give the industry the push it needs. This is encouraging the industry’s growth and adoption of new technologies and creating opportunities for the integration of AR and VR devices, which will have a positive effect on the expansion of the global AR VR market for hospitality.
