It’s no secret that augmented reality (AR) and virtual reality (VR) is growing exponentially. 2016 was the year that AR and VR reached mainstream awareness, and it’s estimated that by 2022, revenue from augmented reality (AR) and virtual reality (VR) will grow to $162 billion. This incredible growth will continue to transform industries, particularly healthcare, education, manufacturing, and entertainment, through the next few years. Companies worldwide are working on developing AR apps to make our everyday lives more accessible and more engaging.
1) Education Industry
The education industry can capitalize on AR by integrating it into lectures. For example, if an instructor wanted to explain how a certain chemical changes over time, she could project an image of that chemical through AR and have it appear as if it was actually in front of her. Students will be able to walk around it and see how every angle affects its overall structure.
2) Exquisite Gaming Experience
The dream of fully immersive virtual reality is nearly here, but augmented reality is poised to change industries well before that. The mobile AR (augmented reality) app development services market is expected to explode over the next three years, hitting $1.8 billion by 2022. This leaves plenty of time for developers to get in on what’s shaping up to be one of 2018’s hottest trends—and maybe even reinvent their business model entirely!
Despite advances in technology, manufacturing continues to play a central role in local economies around the world. That’s where augmented reality steps in. By utilizing AR headsets or smartphones, manufacturers can create custom experiences that provide solutions to their specific needs. It’s also important to understand that augmented reality doesn’t just revamp industries; it expands them too.
While there are still obvious benefits to augmented reality development for consumer-focused industries, it is also clear that companies in other sectors are taking notice of what AR can offer. One of those sectors is maintenance. Companies can use AR technology to do preventative maintenance on equipment, reducing downtime and maximizing production efficiency. The ability to see issues before they arise will be invaluable for many different types of businesses, and many companies can expect to start using AR technology in their day-to-day operations by 2022.
5) Advertising and Promotion in a new way
Augmented reality is growing in popularity every day, but many people are still unaware of how it can help marketing and promotion. Here are some examples that show how AR is revolutionizing business practices in today’s world. An augmented reality development company will create an experience for your clients with any industry you choose to target. Your potential clients will love experiencing your business with AR, and it will make them excited about working with you.
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