The bloom was apparently back on the rose for augmented reality (AR) virtual reality (VR) and computer vision startups in 2018, according to new research from Digi-Capital. The gains in Q4 2018 driven by large, late-stage deals in China.
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The future of AR/VR could be bright, but only if it moves beyond where it is today. 2018 was the first of what look like two transitional years, with a potential shakeout in 2019 before an inflection point in late 2020. Digi-Capital's new Augmented/Virtual Reality Report Q1 2019 and AR/VR Analytics Platform look at where we are today, where we’re heading tomorrow, and some of the changes needed to get us there.
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ABI Research estimates global smart glasses shipments for automotive industry use will hit 1.7 million in 2022. The total automotive AR market is expected to grow at CAGR of 177 percent during the forecast period and reach $5.5 billion in 2022.
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As Augmented Reality (AR) continues to create a beachhead in enterprise and shows promise for consumer AR in the coming years, attention is being paid not only to the potential applications for AR -- but also to what impact hardware components will have in the market, according to ABI Research.
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