Meta CTO: 2025 May Become a Key Turning Point for the Company's AR/VR Business

According to TechFlow, on June 7th, TechinAsia reported that Meta's Chief Technology Officer Andrew "Boz" Bosworth recently stated that 2025 could become a pivotal year for the company's AR and VR division, Reality Labs. Despite long-term losses at Reality Labs, Meta continues to invest and has finally gained market recognition after experiencing a "trough of disillusionment." It is predicted that the global AR/VR market size will grow from $43.58 billion in 2024 to $382.87 billion in 2033, with a compound annual growth rate of 27.31%. Meta currently holds a dominant 74.6% share of the VR headset market.