Augmented reality endorsement picks up pace, according to a recent market forecast. The AR market volume is expected to hit $30 billion by 2023, growing at 39 percent CAGR. This growth is rooted in AR’s utility. Augmented reality proves itself a multi-purpose technology, being eagerly adopted across different domains, such asRead More →
The smartphone is able to replace a lot of the things we use to need. Alarm clocks, GPS devices, cameras, mail delivery, televisions, radios, tape recorders, record players, calculators, guitar tuners, pedometers — the list goes on and on. The next-generation augmented and virtual reality headset, which looks like aRead More →
Today, Scope AR announces its augmented reality platform for repair manuals at the Augmented World Expo. WorkLink enables companies to provide interactive and augmented reality repair manuals to field technicians or other employees so that they can repair equipment, perform maintenance, or assemble machinery on the factory floors easily and quickly. WorkLink and the company’s other product, theRead More →
Combined revenue for head mounted displays, and virtual reality accessories and content will increase from $108.8 million in 2014 to $21.8 billion worldwide by 2020, with a compound annual growth rate of 142 percent, according to a new report from Tractica. “Getting users to experience virtual reality technology firsthand, and therefore trulyRead More →
Augmented and Virtual Reality Devices to Explode from 3 Million Units in 2015 to 55 Million in 2020 Scottsdale, Arizona – ​The augmented (AR) and virtual reality (VR) markets are seeing much action, from new devices and new content, to existing content adapting to make use of the new medium. HeadRead More →
According to a new report from research firm Markets and Markets, the augmented reality and virtual reality market will reach $1.06 billion in 2018, with a compounded annual growth rate of more than 15 percent. The immersive virtual reality market specifically is projected by reach $408 million by 2018. “TheRead More →
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