This paper will cover ground-breaking developments and innovations in Mixed Reality (MR). From its evolution, to its applications, user studies, sensor systems and future implications—these will be the main topics analyzed in this research. First, the article kicks off with a general overview of MR, and consequently, goes on with a literature review. It presents the historical reveals, and discourses MR effects in different fields of application. Contrasting AR, VR, and MR, one can establish that they are basically different due to their distinguishing characteristics. User study case views which points us usability and user experience doctrines; a deep look at sensor describes are used in MR systems is another component of the knowledge structure. Based on this global overview, the post on the current MR technology advances discusses the future implications and challenges facing the field of research. It provides a comprehensive approach including the benefits and limitations of the topic. The review also focuses on the social and industry areas that are anticipated to be influenced by MR and appreciates its ability to bring revolutionary changes. Using problematic areas and possibilities to view, such paper becomes the source of knowledge for researchers, practitioners, and anyone looking for how to handle mixed realty in a complex way. The mixed reality development and utilization is presented in this conference from an in-depth study with this knowledge being the prerequisite for understanding where the technology is coming from and where it is headed.