How to solve Xcode 13, iOS 15 LaunchScreen exceeds memory limit issue.

This problem can be fixed using the following 2 methods listed below:
-> Method 1 (Image must be 1024px) and Follow these 2 steps below:

1. Download a 1024px image, you wish to use-(png or jpeg preferably).
2. Add to your assets.

Method 2: A workaround in case you have a much bigger image which is not 1024px, use these simple steps:

1. Generate your app icon -> Method 2: A workaround in case you have a much bigger image which is not 1024px, use these simple steps:
2. Generate your app icon
3. Go to the app icon folder
4. Copy the 1024px of that image and
5. Then add to assets as your launch screen image. Both methods works perfectly.