When augmented reality (AR) was originally conceived in 1968, no one could have predicted that it would become as popular as it is now.
There is nothing you can do with its powers these days. Technology touches every part of our lives, whether for fun purposes like Snapchat and Instagram filters or to help enterprises become more efficient.
But probably, you might wonder, “Is there anything that can prove that AR is really a huge deal?”
In this article, we’ll look at seven essential AR figures and facts, as well as how they’ve changed our lives. Look at them down below!
1. The Number of Users Increases Year After Year!
AR users have been rapidly increasing throughout the years. In 2022, there will be 0.81 billion individuals who utilize AR. That equates to around one-seventh of the world’s population!
But it does not stop there. AR is expected to grow considerably more in the next few years. According to Poplar, there will be around 3.5 billion AR users worldwide by 2022. This increases to around three times the existing number.
2. The AR industry is expected to be worth more than $18 billion by 2023.
The AR market was valued at $1.8 billion in 2018, but it jumped to $3.5 billion in 2019. In the next years, it may even double, treble, or quadruple the amount.
3. The Majority of Users Are Between the Ages of 16 and 34.
GlobalWebIndex previously released a poll of over 4,000 Internet users in order to determine how many individuals utilized a VR headset while also experiencing AR.
Surprisingly, the demographics of the participants were the most noticeable. The results suggest that 35% of individuals who had AR were between the ages of 16 and 24, and the same number was between the ages of 25 and 34.
4. AR Is Making Inroads Into Industrial Applications.
Although the usage of augmented reality (AR) is well-known in the gaming industry (for example, Pokémon GO) and on social media as AR filters, other sectors are beginning to show an interest in this technology.
According to AR statistics for 2022, AR businesses are gravitating toward industrial applications rather than proprietary software.
5. There Is a Significant Increase in AR Use Cases in the Education Sector.
Because of the interactive aspect that it provides, the usage of AR for educational purposes has lately increased.
According to statistics, over 80% of students are more inclined to attend a class that combines augmented reality experiences. 70% of students also stated that augmented reality (AR) helped them absorb the topic faster and improved their learning experience.
Furthermore, AR may be used effectively in special education. AR is more interesting for students with impairments because it gives interactive images.
6. 63% Of Internet Buyers Say Augmented Reality Improves Their Buying Experience.
Among other businesses, the e-commerce industry has utilized augmented reality experiences to improve client experiences.
According to e-commerce data, 61 percent of online buyers want to make purchases at stores that offer augmented reality experiences.
49 percent of them even say they’d be prepared to pay extra for a product if they could preview it in AR, and 45 percent of online consumers believe AR helps them make decisions, saving them time.
7. AR/VR in Healthcare Is Expected to Generate $7.05 Billion in Revenue.
AR is also viewed as a viable tool in the healthcare business because of its outstanding capacity to present graphics. That explains why it has been widely accepted in recent days.
AR adoption in the healthcare industry is expected to grow at a 25.5 percent annual rate by 2027!
8. AR Is Gradually Making Its Way Into the Vehicle Sector.
AR has gradually earned a foothold in the vehicle sector, beginning with the in-car AR trend in 2019. Cars now have an AR-based head-up display that assists drivers in navigating via the windshield.
Furthermore, the worldwide automotive AR/VR industry is expected to reach $673 billion by 2025!
9. Seventy-Five Percent of Customers Believe AR Can Help Them Master New Skills.
ISACA, an international professional group focusing on IT governance, performed research on the benefits of augmented reality in everyday life in 2016. And the end outcome was intriguing.
70% of participants feel that AR gadgets may help people acquire new personal skills, while AR is also useful in the office for product demonstrations, workplace training, and workplace safety.
10. 67 Percent of Media Strategists and Buyers Want AR/VR Commercials.
According to Vibrant Media research, 67% of media planners and buyers want to include more AR and VR commercials into their digital marketing efforts. They hope to improve their clients’ experience by using AR.
In 2018, the L’Oreal YouCam Makeup app was one of the successful instances. Despite only being available for a year, it has received 3.5 million downloads!
Did you discover anything new? These are only a few examples of how AR has improved our lives, and there are many more to come.