The Augmented Reality (AR) & Virtual Reality (VR) chips market size was USD 2.78 Billion in 2021 and is expected to register a revenue CAGR of 24.5% during the forecast period, according to the latest analysis by Emergen Research. Growing need for adoption of AR/VR solutions in various applications, such as employee training, is a key factor driving revenue growth of the market. AR & VR offers a cost-effective and efficient solution in training and skill development, as they replicate real scenarios by using AR & VR-enabled solutions. AR and VR solutions find high usage in various industries such as healthcare, defense & security, civil aviation, entertainment, digital manufacturing, and education. For instance, workers in factories or power plants must be able to properly operate machines, as they cannot be allowed to take charge unless they get a solid knowledge of the situation. With the help of VR and AR, training may be done in a risk-free environment, as employers can model their operations precisely, with tools they employ. In addition, new employees can experiment with their acquired knowledge and earn skills through simulation. https://www.emergenresearch.co....m/press-release/glob