Global spending on AR and VR forecast to hit $18.8 billion in 2020, says IDC

According to IDC's latest Worldwide Augmented and Virtual Reality Spending Guide, global spending on augmented reality and virtual reality is forecasted to reach $18.8 billion (£14.5 bn) in 2020.
This figure is an increase of 78.5%, compared to the £8.12bn which IDC expects to be spent in 2019.
The report also shows that global spending on AR/VR products and services...