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AR/VR Market Booms in 2023
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The AR/VR headset market experienced a significant surge during the 2023 holiday season, showing a 130.4% year-over-year growth in Q4. Meta's market share expanded due to subsidies and the introduction of Quest 3. Despite a 23.5% decrease in shipments for the full year 2023 compared to 2022, companies are enhancing user experiences with mixed reality, AI, and display innovations for a promising 2024.
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