SurveyA MarketsandMarkets study indicates that the virtual reality market is expected to grow from USD 7.9 billion in 2018 to USD 44.7 billion by 2024, at a CAGR of 33.47%.
Augmented Reality (AR) and Virtual Reality (VR) are fast moving up the value chain as they transform from being merely a “good to have” to a "key" business enabler. Organizations are leveraging their immersive power and multi-sensory nature to involve consumers better, engage learners, improve communication impact for brands, enhance product user experiences, gather user behavior, and reduce costs significantly.
How is AR and VR moving the needle?
- Retail and e-commerce brands are using AR and VR to gain consumer mindshare
- Educators are augmenting learning experiences
- Corporate training divisions are reducing time to train, increasing efficiency and drastically cutting costs
- Stakeholders across functions and verticals are harnessing AR and VR to make things better for business and end-users
ICONMA can offer a low-cost pilot for any of your business initiatives using either AR or VR, depending on the outcome needed. Tell us your challenges and stretch goals, and we will be more than happy to assist with your needs.
ICONMA’s AR/VR offering spans advisory and consulting services, business case creation, project assessment, project technology configuration, and build-installation-deployment and support.
Solution Deployed for e-Commerce Giant
