The extended reality (XR) market encompasses technologies that blend virtual, augmented, and mixed reality (VR, AR, MR) to create immersive digital experiences. XR refers to the entire spectrum of real-and-virtual combined environments and human-machine interactions, involving wearable devices like headsets, haptic gloves, and other immersive hardware. It includes virtual reality, which completely immerses the user in a digital environment, augmented reality, which overlays digital elements onto the real world, and mixed reality, which merges the two.