Innovating with AR & VR in Real Estate
AR/VR market size projections vary considerably but even on the low end, the numbers show that this trend is growing. Ranging from $34 billion to $547 billion, the differences in projections are primarily due to uncertainty around the growth of complementary technologies like 5G and the sheer number of applications for these technologies. One estimate from Goldman Sachs predicts that at AR/VR market will reach $80 billion by 2025. Overall, the adoption of VR technology has been slower than previously anticipated but on the other hand, AR is gaining ground because of its ability to seamlessly integrate into daily real-world interactions. While we are confident that AR will surpass VR in mass adoption, the future of these two technologies are tied to one another as we continue to explore new applications for digital technologies in a physical world.
Disclaimer: While we use reasonable efforts to include accurate and up-to-date information, we do not represent, warrant or promise (whether expressly or by implication) that any Content (including any information sourced from third parties or estimates calculated by us) is or remains available, accurate, complete and up-to-date, free from bugs, errors or omissions or fit or suitable for any purpose. R-LABS Canada Inc., its shareholders, directors, officers, employees, representatives and agents will not be liable to you or any third party for any indirect, special, incidental, punitive, exemplary or consequential damages in connection with the use of this information.