![]() As such, the growing use of AR technology in navigation, and subsequently, the growing demand for AR-based solutions from the incumbents of the travel & tourism industry are expected to drive the growth of the market over the forecast period.ĪR technology is evolving continuously in line with the growing adoption of the technology in consumer applications. For instance, Hub Hotels by Premier Inn has used AR technology and transformed its rooms into a city map to guide tourists about the tourist attractions nearby. When it comes to outdoor navigation, AR technology can help travelers in searching for tourist spots and suitable accommodation using AR-based virtual tours. The company’s ARcore platform can help in recommending the best possible route to the desired destination and displaying it on a mobile device. For instance, MobiDev, a software development company, has used AR technology to transform indoor navigation. AR technology can help in providing an immersive experience using 2D/3D models, AR books, and AR games, and subsequently, aid in the development of different skill sets in students, thereby driving the growth of the augmented reality market.ĪR technology holds the potential to revolutionize indoor navigation. ![]() AR technology can also be used in the education industry to enhance the learning experience for students. ![]() AR technology can potentially help in generating a 3D model of a blueprint and help in connecting imagination with reality. The growing use of AR technology in construction and architectural applications is expected to play a decisive role in driving the growth of the market. announced a partnership with Click Therapeutics to leverage AR technology to better help in understanding the baseline measures of cognition and the way it can potentially affect patient outcomes. For instance, in February 2022, augmented reality company Altoida Inc. Several AR solution providers are collaborating with healthcare institutions and offering their AR tools to facilitate AR-powered healthcare. The increasing adoption of AR technology by the incumbents of the healthcare industry is also expected to play a vital role in driving the growth of the market. For instance, the OnePlus Nord smartphone was launched in July 2020 using the AR platform Blippar. The adoption of AR technology in marketing and advertising to host virtual events, product launches, virtual exhibitions, and online commercials has been gaining traction in the wake of the outbreak of the COVID-19 pandemic. As such, the growing demand for remote assistance and coaction from industries working in optimization and workflow management also bodes well for the growth of the market. The proliferation of handheld devices, such as smartphones and smart glasses, and the subsequent increase in the adoption of mobile AR technology to provide a more immersive experience are expected to contribute to the growth of the market.Ĭompanies are using AR-based apps for assembly functions, manufacturing functions, production line functions and analyzing tasks, and finding solutions. Companies are putting a strong emphasis on finding unique ways to exploit the potential of augmented reality (AR) technology and providing a unique and interactive experience to end-users is expected to drive the growth of the market over the forecast period. to 10:30 p.m.The global augmented reality market size was estimated at USD 25.33 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 40.9% from 2022 to 2030. When the space does debut, it will be open daily from 7 a.m. Once Grand Public Market is up and running later this year, the plan is to continue to develop additional markets in similar cities within the southeastern United States, according to press materials. ![]() It’ll also feature retail options selling everything from flowers, books, candles and furniture. Other food vendors will include Celis Produce, a farm-to-table inspired grocer Grace’s Fine Foods, a full-service butcher offering meats cut to order, as well as daily sausage and prepared foods Rabbit Coffee, serving cold brew coffee, espresso drinks, teas, bagels and bialys every morning a Taiwanese shaved ice-cream, bubble-tea, and breakfast cereal bar Olive Oil of the World, an Italian specialty shop selling oils, cheeses, pastas and olives and Zipitios, serving bites like tacos and pupusas. Getting so close!! Furniture arriving now too.Ī post shared by Grandview Public Market on at 6:21pm PDT
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