Augmented Reality Push Overall Growth of Your Business: Know How?

Augmented reality has made its way in today's mass-market in lesser time. It enables businesses with digital information, which helps then with real-time integration of the user environment. This modern technology empowers businesses to attract consumers by providing them more engaging and advanced solutions. They can consider developing an advanced AR solution for their business, which can help to meet the overall needs of their prospective customers as well as their business.

According to a recent Statista report, the AR market size forecast to reach around 18.8 billion U.S. dollars by 2020, this number is going to expand high in the nearby future as more and more businesses have started leveraging the advantages of AR technology. Almost all the business sector is experiencing the impact of AR technology as it has potentially changed the way they perform their business activities. By considering this modern technology, businesses can easily reduce overhead and will increase the overall productivity of their business.

Proven Ways to Grow Your Business Using Augmented Reality

Augmented reality has created a huge buzz these days in the market. The recent report predicted that Mobile AR such as Facebook Camera Effects, Google ARCore, Apple ARKit, Snap Lens Studio, and many more would hit 900 million installed bases by the end of 2020. While this approach is going to jump and reach three and a half billion by 2022, thus it will be not wrong to say that AR technology is dominating the foreseeable future.

As per International Data Corporation (IDC) report, Global spending on AR and VR is forecast to reach around $18.8 billion by the end of 2020, this indicated the increase of 78.5% from 2019, the global spending was only about $10.5 billion in 2019, but this spending will grow continuously between 2019 and 2023, it is also predicted that the compound annual growth rate (CAGR) will reach around 77.0% in the same year.

Augmented reality is here to offer a completely modern experience to the users. Thus businesses have started leveraging advantages by considering opting for this latest trend. They are using advanced AR-based solutions, which allows them to preview various things that they haven't imagined before. AR technology was previously used by the gaming industry, but not almost all business sectors have started for bagging rapidly growth for their business. AR solution provides businesses with various advantages, let's explore some of it.

Improves Interaction with Co-Workers

Augmented reality enables businesses to improve overall capabilities in their workplace. Businesses can implement AR solutions in their working environment to enhance their interaction process. AR-based solutions will allow them to hold meetings and collaborate with their co-workers more accurately and effectively than ever before. This advanced solution will make regular tasks for businesses more profitable and effortless.

Immersive Experiences

Incorporating augmented reality can prove to be the best option for businesses as it helps them to offer an immersive experience to consumers. It enables businesses to capture the audience’s attention and also allow them to transport the same in real-time. They can drive more traffic for their business by providing a great experience to the users in real-time with this advanced technology.

Proven Ideas to Consider for Leveraging AR Technology

According to a recent eMarketer report, AR market size is estimated to reach 68.7 million users, it is expected to grow up to 85 million users by 2021. Users who are using AR-based solutions are estimated to grow 2.2 times more compared to 2017.

As more and more people these days are using an advanced AR solution, it becomes essential for businesses to craft the one for their business to leverage multiple advantages in no time. Listed below are a few proven ideas which businesses can consider for developing an AR-based solution for their business.

Shopping App

Most of the consumers feel vacillation when it comes to making a purchase of any of the products or services online. Thus it becomes mandatory for businesses to provide effective AR-based solutions to users where consumers can interact with real-world environments.

For example, if any of the consumers want to make a purchase of attire, then they can explore how they will look in it. The AR-based solution helps users to make the best decision in real-time very speedily and accurately. Thus as an entrepreneur, if you want to enhance your business online, then it will be advisable for you to develop advanced solutions using augmented reality technology.

Sports App

Most of the sports fans love to use advance applications to explore the latest updates about their favorite sports. People also love to play games supporting their favorite team. They feel more convenient when they are allowed to watch their favorite game at the place where they are present. And AR solution facilitates fans to get statistics as well as ball speed and trajectory right from their place.

Marketing App

Augmented reality has opened numerous opportunities and possibilities for marketplace business. Therefore most of the marketplace entrepreneurs are appointing ios developer to develop advanced app solutions for their business using AR technology, this AR-based solution helps customers to engage more customers with their business and their product. Even it improves their marketing ability by making it more fun and effective for businesses.

Educational App

AR has improved the ways students take their lessons by making it more engaging and interesting for them. Imagine how engaging and interesting the learning would be if teachers use AR technology to explain historical lessons to the students. Learning is no longer boring for the students as they can experience their lessons in real-time and can understand it deeply by engaging themselves with a particular learning environment.

Many of the schools, colleges, and universities have already started to leverage the use of AR technology. They are using modern apps to transfer the lesson to students in a digital manner. AR has made it possible for students to walk through a human cell, explore the 3D galaxy on small screens. It also helps them to remember the lesson more easily and quickly, which might not be possible with the traditional method of teaching.

Analysing App

When it comes to project development, then visualization and analysis play a vital role. And AR is the best option for visualizing and exploring things from all the angles. AR offers the user a modern engine that poses the ability to place a prototype on their product, this makes it easy for everyone to understand a particular subject very easily and speedily. For example, if the engineers want to explore the site, then they can easily visualize it using advanced AR-based solutions. They can even transfer the vision to their prospective customers, this leads to increasing the interaction more clearly and productively.

Wrapping It Up

Modern technology has much to offer to modern businesses, it has entered in almost all the industries starting from transportation to marketplace to hospitality. Businesses are considering modern technologies like artificial intelligence, augmented reality, virtual reality, and many more for improving business activities. By considering this advanced solution for crafting advance solutions, businesses can easily and quickly satisfy all the demands of their prospective customers in a much accurate and systematic way.