{"id":3906,"date":"2020-09-03T14:42:11","date_gmt":"2020-09-03T09:12:11","guid":{"rendered":"https:\/\/www.quytech.com\/blog\/?p=3906"},"modified":"2024-07-22T10:28:08","modified_gmt":"2024-07-22T04:58:08","slug":"business-opportunities-with-augmented-reality","status":"publish","type":"post","link":"https:\/\/www.quytech.com\/blog\/business-opportunities-with-augmented-reality\/","title":{"rendered":"Augmented Reality Offering Promising Opportunities to Businesses Worldwide"},"content":{"rendered":"\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em><strong>According to Statista, <\/strong><\/em><\/p>\n\n\n\n<p><em>the AR\/VR market is predicted to reach USD 192.7 billion by 2022. This number was just USD 6.1 billion in 2016.<\/em><\/p>\n\n\n\n<p><em>The market size of AR is expected to reach USD 1848.9 million in 2025 with a CAGR of 28.6%.<\/em><\/p>\n<\/blockquote>\n\n\n\n<p><\/p>\n<\/div><\/div>\n\n\n\n<p>AR or Augmented Reality has been working backstage for a long; however, it came into limelight with the arrival of Pokemon Go. Launched in 2016, the Pokemon game was one of the most widely hyped phenomena that have helped the technology to gain popularity even among the non-techies. Before coming to the business opportunity this technology offers, let\u2019s read a bit about what augmented reality is.<\/p>\n\n\n\n<p>Augmented Reality is an interactive experience of a real-world environment where objects, such as sounds, images, texts, that are there in the real world are superimposed with computer-generated input. <\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.quytech.com\/blog\/business-opportunities-with-augmented-reality\/#How_Is_Augmented_Reality_Used_in_Business\" >How Is Augmented Reality Used in Business?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.quytech.com\/blog\/business-opportunities-with-augmented-reality\/#Why_Is_Augmented_Reality_a_Good_Choice\" >Why Is Augmented Reality a Good Choice?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.quytech.com\/blog\/business-opportunities-with-augmented-reality\/#What_Are_the_Business_Opportunities_With_Augmented_Reality\" >What Are the Business Opportunities With Augmented Reality?<\/a><ul class='ez-toc-list-level-5' ><li class='ez-toc-heading-level-5'><ul class='ez-toc-list-level-5' ><li class='ez-toc-heading-level-5'><ul class='ez-toc-list-level-5' ><li class='ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.quytech.com\/blog\/business-opportunities-with-augmented-reality\/#Augmented_Reality_in_Education\" >Augmented Reality in Education<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.quytech.com\/blog\/business-opportunities-with-augmented-reality\/#Augmented_Reality_in_Manufacturing\" >Augmented Reality in Manufacturing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.quytech.com\/blog\/business-opportunities-with-augmented-reality\/#Augmented_Reality_in_Military\" >Augmented Reality in Military<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.quytech.com\/blog\/business-opportunities-with-augmented-reality\/#Augmented_Reality_in_Healthcare\" >Augmented Reality in Healthcare<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.quytech.com\/blog\/business-opportunities-with-augmented-reality\/#Augmented_Reality_in_Social_Media\" >Augmented Reality in Social Media<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.quytech.com\/blog\/business-opportunities-with-augmented-reality\/#Augmented_Reality_in_Marketing\" >Augmented Reality in Marketing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.quytech.com\/blog\/business-opportunities-with-augmented-reality\/#Augmented_Reality_in_Gaming\" >Augmented Reality in Gaming<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.quytech.com\/blog\/business-opportunities-with-augmented-reality\/#Augmented_Reality_in_Retail\" >Augmented Reality in Retail<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.quytech.com\/blog\/business-opportunities-with-augmented-reality\/#Augmented_Reality_in_Entertainment\" >Augmented Reality in Entertainment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.quytech.com\/blog\/business-opportunities-with-augmented-reality\/#Augmented_Reality_in_Real_Estate\" >Augmented Reality in Real Estate<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.quytech.com\/blog\/business-opportunities-with-augmented-reality\/#Augmented_Reality_in_Travel\" >Augmented Reality in Travel<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.quytech.com\/blog\/business-opportunities-with-augmented-reality\/#Final_Words\" >Final Words<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_Is_Augmented_Reality_Used_in_Business\"><\/span>How Is Augmented Reality Used in Business?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Augmented Reality<\/strong> uses computer vision-based algorithms to recognize and augment various objects. However, that\u2019s not the only use of this technology. The technology is also helping businesses to drive sales, increase user engagement, and get the utmost level of customer satisfaction.<\/p>\n\n\n\n<p>Due to these benefits, businesses all over the world are keen to integrate AR into their operations and processes. Moreover, it has also become a preferred choice for startups looking out for the technologies that can bring them immense success.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Is_Augmented_Reality_a_Good_Choice\"><\/span>Why Is Augmented Reality a Good Choice?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Augmented Reality provides you with a <strong>convenient way to identify objects<\/strong>, allowing users to get the best from your business application. Smart home appliances or gadgets can be identified, and one can get detailed information about these electronic devices with just one tap.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Are_the_Business_Opportunities_With_Augmented_Reality\"><\/span>What Are the Business Opportunities With Augmented Reality?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Let\u2019s learn how AR can benefit businesses like marketing, military, manufacturing, healthcare, social media, gaming, retail, entertainment, real estate, fashion, travel, and education.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Education<\/li>\n\n\n\n<li>Military<\/li>\n\n\n\n<li>Manufacturing<\/li>\n\n\n\n<li>Healthcare<\/li>\n\n\n\n<li>Social media<\/li>\n\n\n\n<li>Marketing<\/li>\n\n\n\n<li>Gaming<\/li>\n\n\n\n<li>Retail<\/li>\n\n\n\n<li>Entertainment<\/li>\n\n\n\n<li>Real Estate<\/li>\n\n\n\n<li>Travel<\/li>\n<\/ol>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Augmented_Reality_in_Education\"><\/span>Augmented Reality in Education<span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/www.quytech.com\/assets\/images\/inner-images\/augmented-reality-education-training.png\" alt=\"AR business opportunities in Education\"\/><\/figure><\/div>\n\n\n<p>The augmented reality idea has the potential to transform the education sector by helping teachers and students to deal with various challenges. Through a three-dimensional view, teachers can make students understand various concepts without any difficulty. The bigger picture of a concept can help students to see the working of it. It not only makes learning easier but also increases the zest of the students.<\/p>\n\n\n\n<p>Augmented Reality helps in providing a visual representation of the problem, which further helps in grasping and remembering the concept for long. AR can also fix other problems like offering practical knowledge to understand what\u2019s written in the books. The technology can also assist teachers to evaluate each student\u2019s performance based on their knowledge rather than the ability to cram. <a href=\"https:\/\/www.quytech.com\/augmented-reality-education.php\">Read More<\/a><\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Augmented_Reality_in_Manufacturing\"><\/span><strong>Augmented Reality<\/strong> <strong>in Manufacturing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/www.quytech.com\/assets\/images\/inner-images\/ar-in-maintenance.png\" alt=\"AR business opportunities in manufacturing\"\/><\/figure><\/div>\n\n\n<p>With the help of AR-based applications, manufacturing and supply chain industries can reap a plethora of benefits. The professionals at the company can maintain manufacturing processes efficiently and effortlessly. Labeling the objects\/equipment virtually through augmented reality can make them easy to locate, when required. Besides this, AR can also aid to deliver great customer experiences.<a href=\"https:\/\/www.quytech.com\/augmented-reality-in-manufacturing.php\"> Read More<\/a><\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Augmented_Reality_in_Military\"><\/span><strong>Augmented Reality in Military<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>Augmented Reality idea can help soldiers and military professionals to prepare for the wars, learn how to diffuse bombs and other explosive materials, how to use various weapons, without risking their lives.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Augmented_Reality_in_Healthcare\"><\/span><strong>Augmented Reality in Healthcare<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/www.quytech.com\/assets\/images\/inner-images\/augmented-reality-in-science-n-history.png\" alt=\"AR business opportunities in healthcare\"\/><\/figure><\/div>\n\n\n<p>Augmented Reality also plays a pivotal role in the field of healthcare. The technology enables healthcare professionals to do automatic diagnoses to augmented surgeries. Moreover, it also helps them in training and practice by making the sessions more systematic. With AR, medical students can be trained better by facing real-life situations virtually.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Augmented_Reality_in_Social_Media\"><\/span><strong>Augmented Reality in Social Media<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>With the help of attractive and catchy filters, Augmented Reality can improve socialization. People all over the world are actually getting addicted to this technology for using beautiful and funny filters for videos and photos. AR stories, 360-degree videos, AR-focused ads, and AR games are another way the technology is making its strong place in this industry.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Augmented_Reality_in_Marketing\"><\/span><strong>Augmented Reality in Marketing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>When used properly, Augmented Reality can help in generating effective marketing strategies for loyalty and commitment to the products and brands. For instance, customers can capture a photo of the product placed in a physical store to check if there is a discount on it or not. Moreover, AR can also help to check out how a particular product, such as a table or bed, will look when placed in a living area or bedroom.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Augmented_Reality_in_Gaming\"><\/span><strong>Augmented Reality in Gaming<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>With the advent of Pokemon Go and various other <a href=\"https:\/\/www.quytech.com\/game-development\/unity-game-development.php\">Augmented Reality-enabled games<\/a>, the technology has already proved its significance in the gaming sector. Technology can help this industry with many interactive and engaging activities.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Augmented_Reality_in_Retail\"><\/span><strong><strong>Augmented Reality<\/strong> in Retail<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/www.quytech.com\/assets\/images\/inner-images\/ar-retail-right.png\" alt=\"AR business opportunities in retail\"\/><\/figure><\/div>\n\n\n<p>Augmented Reality-powered <a href=\"https:\/\/www.quytech.com\/augmented-reality-solutions\/virtual-try-on-solutions.php\">virtual try-on apps<\/a> are helping brands to deliver an unparalleled experience to their customers. On one hand, the technology benefits the customer to see how a particular product will look on them (before even making a purchase), and on the other hand, <a href=\"https:\/\/www.perfectcorp.com\/business\/blog\/commerce\/why-you-need-augmented-reality-virtual-try-on-for-your-online-beauty-store?utm_source=exchange&amp;utm_medium=website&amp;utm_campaign=exchange-website&amp;utm_content=\">AR helps in reducing return rates<\/a> and increasing customer satisfaction.<\/p>\n\n\n\n<p>Augmented Reality applications can be also used to provide information related to a product in a store. For example, customers can know the availability of sizes, colors, price, and other details about a product without spending hours to find the same. <a href=\"https:\/\/www.quytech.com\/augmented-reality-mobile-apps\/augmented-reality-retail-apps.php\">Read More<\/a><\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Augmented_Reality_in_Entertainment\"><\/span><strong><strong>Augmented Reality<\/strong> in Entertainment<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>The entertainment industry is also getting huge benefits from augmented reality ideas. The technology can enhance user experiences by providing AR-powered earbuds and other equipment. Using AR, directors can also add unrealistic things in the movies that are either too difficult to do or not possible at all. AR can also help media professionals to augment the effectiveness of videos, multimedia, games, and more.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Augmented_Reality_in_Real_Estate\"><\/span><strong><strong>Augmented Reality<\/strong> in Real Estate<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/www.quytech.com\/assets\/images\/inner-images\/bring-your-floor-maps.png\" alt=\"AR business opportunities in realestate\"\/><\/figure><\/div>\n\n\n<p>Augmented Reality can help real estate professionals to improve their sales and user engagement by listing attractive information of the property and providing a three-dimensional view of the space. Curate and Ikea Place are already making huge benefits from this technology.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Augmented_Reality_in_Travel\"><\/span><strong><strong>Augmented Reality<\/strong> in Travel<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>AR technology also plays a significant role in the travel and tourism industry. With AR, users can interact with the 3D models and use interactive maps to access different information in real-time. Moreover, they can also find a location, place, hotel, or restaurant with their 360 representation. The technology helps in delivering better user experience, which in turn makes travelers get the best of their money.<\/p>\n\n\n\n<p>So, if you want to develop an AR-enabled application or software, reach out to a <a href=\"https:\/\/www.quytech.com\/mobile-application-development.php\">custom mobile app development company<\/a> today. Make sure you choose the one that gives you quality at a cost-effective price.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Final_Words\"><\/span><strong>Final Words<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Businesses worldwide are gradually adopting augmented reality to increase customer retention rates, drive sales, increase user engagement, deliver an unmatched experience, and ultimately grow their business. With the feature of providing a 3-dimensional view to the customers, the technology has also become an effective tool for marketing. So, if you, too, want to integrate AR into your existing business applications or want to develop a new AR-powered software\/app, then choose a suitable <a href=\"https:\/\/www.quytech.com\/augmented-reality.php\">AR app development company<\/a>. Since there are many AR development services providers, it is advised to choose wisely<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.quytech.com\/contactus.php\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"187\" src=\"https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/09\/Mid-long-banner-1-1024x187.jpg\" alt=\"call to action\" class=\"wp-image-3920\" srcset=\"https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/09\/Mid-long-banner-1-1024x187.jpg 1024w, https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/09\/Mid-long-banner-1-300x55.jpg 300w, https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/09\/Mid-long-banner-1-768x140.jpg 768w, https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/09\/Mid-long-banner-1-1536x280.jpg 1536w, https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/09\/Mid-long-banner-1-830x151.jpg 830w, https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/09\/Mid-long-banner-1-230x42.jpg 230w, https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/09\/Mid-long-banner-1-350x64.jpg 350w, https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/09\/Mid-long-banner-1-480x88.jpg 480w, https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/09\/Mid-long-banner-1.jpg 1787w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>According to Statista, the AR\/VR market is predicted to reach USD 192.7 billion by 2022. This number was just USD 6.1 billion in 2016. The [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":3911,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29,1],"tags":[94,406,404,405],"class_list":["post-3906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-augmented-reality","category-mobile-app-development","tag-ar","tag-ar-app-development","tag-augmented-reality","tag-business-with-ar"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What Are The Business Opportunities With Augmented Reality?<\/title>\n<meta name=\"description\" content=\"Let\u2019s learn how Augmented Reality can benefit businesses like marketing, military, manufacturing, healthcare, social media, gaming, retail, entertainment, real estate, fashion, travel, and education.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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