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The global augmented reality market, valued at $32.1 billion in 2022, is projected to grow from $42.85 billion in 2023 to $432.35 billion by 2031, with a compound annual growth rate (CAGR) of 33.5 ...
Snap Inc (NYSE:SNAP) saw its shares fall more than 16% in premarket trading following the release of its second-quarter 2025 ...
Snap also said it will invest in Discover to drive engagement, Spotlight to expand premium inventory supply and augmented reality as an advertising tool. Snap Map will be a small business ad platform.
Snap's revenue rose 12% in 2022 to come in at $4.6 billion. That's much slower than the 64% growth it generated in 2021, a deceleration that's mostly attributable to the slowing economy.
Shares of Snap rose 5.9% on Thursday. They had gained 7.7% this year through Wednesday’s close. Snap hopes its investments in augmented reality will help its app capitalize on the e-commerce boom.
Snap on Tuesday announced its plans to release a sixth-generation of its augmented reality glasses in 2026, as competition in the smart glasses market continues to heat up. The maker of Snapchat ...
Snap to launch smaller, lighter augmented reality Specs smartglasses in 2026 By Jonathan Vanian, CNBC • Published June 10, 2025 • Updated on June 10, 2025 at 1:20 pm ...