Whatsoever the Augmented Reality (AR) market or the virtual realities (VR) market, both have challenges to overcome and are just at their early stages.
ABI Research forecasts Augmented Reality (AR) smart glasses to create
US$46 billion in revenues in 2021, while virtual reality (VR) headsets will
generate about US$15 billion.
When it comes to the Augmented Reality (AR)
smart market, one can
easily observe that, beyond excitement this year in the gaming sector, the
strongest opportunities taps into AR for enterprise use; allowing companies to
inter alia focus on solving the efficiency challenges of the workplace and to improve
experiential businesses and more.
To many in the industry, AR is an enterprise play and VR is in the
consumer space. ABI Research forecasts that, AR smart glasses shipments will
hit 27 million by 2021, with the industrial, healthcare, and government and
military verticals driving the most growth.