Sign Up

Captcha Click on image to update the captcha.

Have an account? Sign In Now

Sign In

Forgot Password?

Don't have account, Sign Up Here

Forgot Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.

Have an account? Sign In Now

You must login to ask a question.

Forgot Password?

Need An Account, Sign Up Here

You must login to add post.

Forgot Password?

Need An Account, Sign Up Here

Please briefly explain why you feel this question should be reported.

Please briefly explain why you feel this answer should be reported.

Please briefly explain why you feel this user should be reported.

Sign InSign Up

Find Authority

Find Authority Logo Find Authority Logo

Find Authority Navigation

  • Home

Mobile menu

Close
Ask a Question
  • Home
  • Recent Questions
  • Topics
  • Home
Home/Questions/Q 1173
Next
In Process
Electronics Guru
  • 3
Electronics GuruLevel 5
Asked: December 2, 20192019-12-02T00:44:45+00:00 2019-12-02T00:44:45+00:00In: Information Technology, Telecommunications

What is the market size and applications of virtual reality and augmented reality?

  • 3
What is the market size and applications of virtual reality and augmented reality?

Both augmented (AR) and virtual realities (VR) are appealing to various industries, owing to the advanced features they provide to its users. Some people consider the augmented and virtual reality as the same technology, but they are both quite different from each other. Although there is another reality known as mixed reality, which is the combination of both AR and VR.

consumer electronicsmarket size
  • 4 4 Answers
  • 0
Share
  • Facebook

    Leave an answer
    Cancel reply

    You must login to add an answer.

    Forgot Password?

    Need An Account, Sign Up Here

    4 Answers

    • Oldest
    1. Shahkar Level 5
      2019-12-02T00:49:14+00:00Added an answer on December 2, 2019 at

      Augmented reality is basically the display of environment that enhance the real-world experience by using computer graphics, sound and video abilities.

      Augmented reality offers the opportunity to place digital objects in a real-world environment. For example, to place various digital objects in physical shape. Some of the examples of augmented reality that are very popular these days include Pokémon Go app, Disney colouring book, L’Oréal makeup app, weather channel studio effects, and IKEA mobile app.

      Virtual reality works in a completely different environment. It usually leads to another world, the digital world, where one is allowed to do anything. It provides the virtual experience of either a real-world or totally different one. VR can usually experience by wearing a headset to experience a virtual environment. Some of the examples that are quite common these days include Oculus, Gear, Cardboard, Vive Pro Eye, and PlayStation VR.

      So the basic difference between AR and VR is that AR is the combination of the real-world and digital world, which provide the opportunity to play with real-world experience. As for VR, it does not have any interaction with the real world, and it takes a person to another digital world. Although that digital world can be the replica of real-world, it will be without any connection with the real world. This is why mixed reality is gaining attraction these days, which provide opportunities to work with both AR and VR.

      • 2
      • Reply
      • Share
        Share
        • Share on Facebook
        • Share on Twitter
        • Share on LinkedIn
        • Share on WhatsApp
    2. Smartelctra Level 4
      2019-12-02T00:51:11+00:00Added an answer on December 2, 2019 at

      Both AR and VR can be used in various industries such as health, automotive, telecom, military and defence, manufacturing, video games, entertainment, education, tourism, fashion, and real estate. The users can be facilitating from AR by using smart glasses, different software, handheld devices and smart headsets.

      To use the VR user have to put on the headset usually connected with handles which help in performing actions in that digital world.

      Some of the top players that play a role in the market development of augmented reality includes, Bornfight, CemtrexLabs, Gramercy Tech, Hyperlink InfoSystem, IndiaNIC, KitRUM, Novoda, Shockoe, Saritasa, ScienceSoft and Tintash.

      Some of the players from the VR industry include EON Reality, Facebook, Google, HTC, Program-Ace, Quytech, Samsung, Sony, and VironIT.

      • 1
      • Reply
      • Share
        Share
        • Share on Facebook
        • Share on Twitter
        • Share on LinkedIn
        • Share on WhatsApp
    3. MasterSignals Level 3
      2019-12-02T00:56:25+00:00Added an answer on December 2, 2019 at

      Augmented reality market value will increase in the coming years given its advanced features and upcoming new developments to provide a more realistic view.

      The average market assessment for the global augmented reality market was between US$ 1 billion to US$ 12 billion in 2018, and this value will reach to the average range of US$ 30 billion to US$ 50 billion by 2025.

      Some major growth drivers behind augmented reality include trending of augmented reality entertainment, increasing use in various industrial applications, active use in military training, trends in various advance educational systems, and more usage in tourism departments.

      The average global market size of virtual reality in 2018 was about US$ 6 billion. This value will reach in the range of US$ 50 billion to US$ 90 billion, by 2025.

      • 0
      • Reply
      • Share
        Share
        • Share on Facebook
        • Share on Twitter
        • Share on LinkedIn
        • Share on WhatsApp
    4. John Level 3
      2019-12-02T12:51:20+00:00Added an answer on December 2, 2019 at

      AR is also used in the weather industry and is very entertaining.

      • 0
      • Reply
      • Share
        Share
        • Share on Facebook
        • Share on Twitter
        • Share on LinkedIn
        • Share on WhatsApp

    Sidebar

    Advanced Search
    Ask A Question

    Related Questions

    • Do I need technical skills to use a Video Production ...

    • Customer Login Using FME Extensions in Magento 2

    • E-Commerce Migration is Difficult. How to Make it Easy?

    • What is the impact of the pandemic on global LMS ...

    • How big is the global mobile middleware market?

    Explore

    • Home
    • Recent Questions
    • Topics

    Footer

    Find Authority

    Find Authority

    Find Authority is a professional networking and crowdsourcing platform which helps enhance members credentials and create opportunities.

    About Us

    • About Us
    • Careers
    • Contact Us

    Legal Stuff

    • Terms and Conditions
    • Privacy Policy
    • Cookie Policy

    Supprt

    • Help Centre
    • Badges

    Follow

    © 2020 Find Authority. All Rights Reserved

    Insert/edit link

    Enter the destination URL

    Or link to existing content

      No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.