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How Big is the Augmented Reality market?

XR Today - Augmented Reality tag

through to 2030. Fortune Business Insights suggests the market will be worth around $97.76 According to Grandview Research , in 2021, the value of the AR market was around $25.33 billion, but the space is expected to grow at a CAGR of approximately 40.9% billion by 2028, representing a growth rate of 46.8% between 2021 and 2028.

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Remote assistants in combination with AR or VR in US 2022

ARVR

In 2020, the AR market was worth around $7 billion, and experts predict that this number will rise to $152 billion by 2030. As for Virtual Reality (VR), it’s a complete immersion into a virtual world, shutting off the physical world entirely through special VR devices like HTC Vive, Google Cardboard, and Oculus Rift. Credit: Unsplash.

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How To Become A More Sustainable And Resilient Company

Bernard Marr

The WEF insight report linked above sets out steps to decarbonize the supply chain, but let’s explore a few brief examples of companies that are doing this in practice: Danone runs a training program for farmers, designed to help them move to sustainable farming practices.

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The Top 5 Metaverse Trends In 2023

Bernard Marr

With the metaverse concept predicted to add $5 trillion to the value of the global economy by 2030, there’s everything to play for, and 2023 is likely to be a key year for defining the direction it will take. Another use of metaverse technology in the corporate world will be conducting training, onboarding, and other tasks.

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

The Ghost Howls

While many people online continue saying that “3DOF is not VR” or that “We don’t need 3DOF”, as a consultant I can tell you that there are sectors where it is still relevant: education, psychology, training, storytelling. Google’s investment for a 7.7% Read about Google experiments with AR and wearables. A very interesting read.

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Tech’s new “Digital Gods:” humans will soon be deeply integrated with tech

Robert Scoble

The ones that are in phones today that in 2020 can see 300,000 points of data, will, by 2030, see 10x that many (and I might be way too conservative in that prediction, some insiders tell me. AI that is getting cheaper to train — dramatically so — and far more capable every few months. Reading assistance.

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The Down-Low on What You Need to Know (To Be Competitive in XR), with SuperData’s Carter Rogers

XR for Business Podcast

If you look at someone like Apple, they aren’t about to put their logo on something like the current developer-focused headsets out there. I think we’ve seen the Go has seen some early success, with companies like Walmart announcing that they were buying a lot of them to train employees for things like customer service.