International Data Corporation (IDC) recently released the 2025 V1 version of the IDC "Global Augmented and Virtual Reality Spending Guide". IDC predicts that the total investment in global augmented and virtual reality (AR/VR) will reach US$15.22 billion in 2024, and is expected to increase to US$39.7 billion in 2029, with a five-year compound growth rate (CAGR) of 21.1%. China will grow into one of the most important markets for AR/VR in the world. IDC forecast data shows that from 2024 to 2029, China's AR/VR market will maintain rapid growth at a CAGR of 41.1%, surpassing the United States and Western Europe and other eight regions in terms of growth, ranking first in the world. IDC predicts that China's total investment in AR/VR will exceed US$10.5 billion in 2029, accounting for 26.5% of the global total, and the market size is second only to the United States.