Skip to main content

Posts

Showing posts with the label Augmented Reality Market

Sales Revenue of Augmented Reality to Soar in the Near Future Owing to Growing Consumer Adoption

  The  global augmented reality market  is estimated to be valued at   $65,323.4 million by 2028 , surging from   $8,142.9 million in 2020 , at a noteworthy   CAGR of 30.9% . COVID-19 Impact on Augmented Reality Market COVID-19 has spread across the globe, posing a significant threat to the global economy and financial systems. Manufacturing, automobiles, retail, aviation, and hospitality are all affected by the COVID-19 outbreak, with manufacturing, automotive, retail, aviation, and hospitality suffering the brunt of the shutdown. AR and VR applications could help us overcome the isolation of COVID-19 lockdowns by providing online learning and opening access to cultural events and activities. The WHO Academy has released its first augmented reality course for health workers on how to properly utilize COVID-19 personal protection equipment, which was accessible in November 2020. The implementation of augmented reality in the healthcare sector has increased as a result of the pandemic,