Emerging technologies are transforming several industries acting as a catalyst for change and acceleration. As social, mobile, Big Data Analytics, Internet of Things and Cloud technologies democratize computing power and information access, Virtual Reality and Augmented Reality App Development continue to strengthen enterprise-to-employee and enterprise-to-consumer interactions.

AR and VR Statistics

Goldman Sachs predicted that the VR and AR hardware market will touch $80 billion by 2025.

Citibank expects the market for VR hardware, networks, software and content to reach $200 billion by 2020.

More than 14 million U.S. workers will wear augmented reality headsets in 2025.

According to ABI Research, AR headsets will deliver $46 billion in revenue by 2021, whereas VR will generate $15 billion.

AR will focus primarily on the enterprise, while VR will emerge as a consumer play.

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Very Excellent Article, Nowadays, AR Technology is very effective and capture the market. thank you so much, buddy. I recommend Augmented Reality App Development Company which help you if you have any problem.