article thumbnail

How Big is the Augmented Reality market?

XR Today - Augmented Reality tag

billion by 2028, representing a growth rate of 46.8% between 2021 and 2028. Platforms such as Meta’s Spark AR, as well as the AR APIs, SDKs and toolkits available from leaders like Google and Apple are opening the door to more innovation in the space. billion, but the space is expected to grow at a CAGR of approximately 40.9%

article thumbnail

Top XR Vendors Majoring in Gaming for 2022

XR Today - Mixed Reality tag

billion by 2028, accelerating at a CAGR of 31.4%. By 2028, the market should be worth a projected $31.7 Similar to Apple, Google wants to ensure developers and gaming companies can introduce the most exciting and immersive mobile apps for their users. The AR gaming landscape is experiencing similar growth.

Gaming 83
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The XR Week Peek (2020.07.20): Oculus ready to manufacture the Quest S, Pico doubles-down on 3DOF, and more!

The Ghost Howls

Google’s investment for a 7.7% Google-Jio joint venture to develop an Android-based platform for an affordable 5G phone. Read about Google experiments with AR and wearables. A very interesting article on CNET highlights some of the experiments that Google has made with 1D glasses, smart tattoos and other cool stuff.

Oculus 311
article thumbnail

What Are the Seven Layers of the Metaverse?

XR Today - Augmented Reality tag

billion in 2020 and would reach $829 billion by 2028. It will also enable users to acquire information about their environment using technologies such as Google Glass or Meta Platform’s Project Aria. According to research from Emergen Research last year, the Metaverse was valued at $47.69 The infrastructure layer.

article thumbnail

Virtual Reality vs Augmented Reality: Understanding 6 Key Differences

XR Today - Augmented Reality tag

percent up to 2028. Google Cardboard and Gear VR are two well-known examples. The difference between VR and AR creates divergent potential and use cases. For instance, the global market for AR was valued at roughlyt $17.67 billion in 2020, and will likely grow to 43.8 Due to this, VR and AR in the following ways: 1.

article thumbnail

How Do Augmented Reality and Smart Glasses Work?

XR Today - Augmented Reality tag

By 2028, experts predict that the industry will reach $340.16 Devicemakers such as Nreal, Snap, RealWear, Vuzix, Iristick, Meta Platforms, Google, and Lenovo facilitate this with their solutions. Perhaps the fastest-growing component of extended reality (XR) right now, augmented reality (AR) is taking the world by storm.

article thumbnail

Generating Revenue with Ads That Work in AR, with Admix CEO Samuel Huber

XR for Business Podcast

On the web, if you create a website, you can go to Google and you get a tag, and you can put ads and you can make a living out of it. Probably, there will be a lot of big companies — Google, Facebook — obviously are going to try to monetize this new media. So, 2028, let’s say. Sam: Well, eventually.

AR 78