The augmented and virtual reality market in Florida reached a value of $428.15 million in 2020 and is forecasted to soar to $2.1 billion by 2030. Expectations are high for robust growth in the Florida AR and VR market in the coming years, particularly within the healthcare segment, which is poised to experience the highest growth rate. Moreover, ongoing technological advancements in AR & VR, coupled with increasing adoption by the aerospace & defense industries, are anticipated to fuel further market expansion.

Areas like Miami, Orlando, and Tampa have been witnessing the emergence of XR startups, development studios, and research institutions. Cities like Orlando are particularly notable due to the presence of theme parks and the entertainment industry, which often adopt XR technologies for immersive experiences. Many businesses in other industries like Textron and Lucid Reality Labs are also actively seeking XR professionals to continue advancing this technology.