AR & Mobile Apps Market Forecast
The worldwide market size for augmented reality is forecast to increase drastically in the next few years. Over the period from 2017 to 2025, the augmented reality market size is estimated to increase by over 195 billion U.S. dollars, increasing from roughly 3.5 billion in 2017 to over 198 billion U.S. dollars in 2025.
(Statista.com, 2020)
Geographically, the AR in education market has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. North America held majority share of the AR in education market in 2016 and is likely to retain its dominance over the forecast period. Wide implementation of AR technology in institutions is expected to drive the growth prospects of the market over the forecast period.
Rise in deployment of AR in the educational system along with advancements in technology is likely to drive the growth of the AR in education market over the forecast period.
I’m excited about AR. My view is it’s the next big thing, and it will pervade our entire lives,.
Tim Cook, CEO Apple (VRfocus, 2020)
If you wish to learn more about AR/MR in Education you can download the List of Resources here.
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