Hexaware Positioned as a Visionary in the 2026 Gartner® Magic Quadrant™ for Custom Software Development Services
Hexaware Positioned as a Visionary in the 2026 Gartner® Magic Quadrant™ for Custom Software Development Services
Gartner, Magic Quadrant for Custom Software Development Services, By Jaideep Thyagarajan, Ryan McKinney, Nathan Davie, 7 October 2026. Gartner and Magic Quadrant are trademarks of Gartner, Inc. and/or its affiliates. Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner’s business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose. This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Hexaware.
Extended Reality (XR) is an umbrella term that encompasses immersive technologies like Virtual Reality (VR), Augmented Reality (AR), and Mixed Reality (MR). It blends the physical and digital worlds, allowing users to interact with virtual elements in real or simulated environments. XR transforms how people experience digital content, making it more engaging, realistic, and interactive.
Virtual Reality (VR) immerses users in a fully digital environment, typically using a headset that blocks out the physical world. Augmented Reality (AR) overlays digital elements onto the real world via devices like smartphones or AR glasses. Mixed Reality (MR) combines both, allowing digital and physical objects to coexist and interact in real-time. Each serves different purposes: VR for complete immersion, AR for enhancing reality, and MR for advanced interactivity.
XR is revolutionizing how businesses operate—improving efficiency, enhancing user experience, and enabling cost-effective training and design. In manufacturing, it reduces prototyping costs through digital twins. In healthcare, it facilitates realistic surgical simulations. XR also supports remote collaboration, giving distributed teams the ability to interact as though they were physically together, boosting productivity and innovation.
From employee onboarding to virtual showrooms, XR is being applied across sectors. In retail, AR helps customers visualize products in their space before buying. In real estate, VR offers virtual property tours. In education, MR enables interactive learning environments. These technologies are making experiences more personalized, engaging, and effective across customer-facing and internal operations.
Hexaware partnered with a global personal care brand to develop an augmented reality-enabled mobile app for their annual event. The app integrated AR, object recognition, and e-commerce, allowing attendees to scan event materials and interact with digital product demos, boosting engagement and resulting in hundreds of thousands of dollars in sales. Read the case study.
In another initiative, Hexaware worked with a fashion technology company to build a virtual showroom platform powered by Adobe Experience Cloud. The immersive, metaverse-inspired experience featured 360° tours, AR integrations, and digital twins of luxury products. Within a year, over 40 luxury fashion brands had adopted the platform, generating over $14 million in revenue. Read the case study.
The future of XR lies in its convergence with GenAI, enabling smarter, faster, and more adaptive experiences. Trends such as spatial computing, holographic communication, and virtual workplaces are gaining traction. As hardware becomes more accessible and software platforms mature, XR is set to become an integral part of digital transformation strategies across industries.