‘Extended reality’ to create 860K jobs by 2025

According to the European Commission's statement on July 11, they anticipate that "extended reality" (XR), which encompasses various immersive technologies like virtual reality, augmented reality, and mixed reality, will generate up to 860,000 job opportunities in Europe by 2025. The Commission identifies XR as a significant technological facilitator for virtual worlds.
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The European Commission stated that the influence on employment is predicted to be extremely noteworthy. They highlighted that by 2025, an additional 1.2 million to 2.4 million jobs, either directly or indirectly, would be generated in various sectors. Nevertheless, the Commission acknowledged that currently, the majority of Metaverse-related innovation takes place in the United States, China, and South
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