Augmented reality, where digital data is overlaid on the real world, is fast-approaching a place, where it becomes an inevitable part of our future. From Hololens to Google Glass, major tech firms are betting big on its potential.
Asus, the global laptop and smartphone manufacturer is jumping the bandwagon too and has announced that it has started to build its own augmented reality headset and will probably roll out the product by next year.
Asus for long, has been expressing its intentions to build a virtual reality headset. It even tried to strike a deal with Microsoft to build a cheaper version of Hololens, which did not work out. Microsoft eventually decided to build the headset on its own and has planned to roll out the developer version for $3000 by next year.
The Augmented Reality Market is expected to exhibit a high growth in the next five years. The use of augmented reality technology in sectors such as aerospace & defense, consumer, and commercial sector is rising gradually and is set to mark a great success in future.
After the failure of Google Glass, it became quiet hard to believe whether AR market will bloom any soon. But figures by market researchers strongly contradict this belief. As per research, the total market for augmented reality is expected to reach USD 56.8 Billion by 2020, at a CAGR of 79.6% between 2015 and 2020.
Augmented reality should not to be confused with virtual reality. Where VR is a closed-off experience, AR eyewear will allow viewers to see the real world while visually overlapping relevant information in the user’s field of view.
Asus shed least information on how it plans to roll out its AR wearable and what objective it intends to achieve. Asus also said that it has plans to release a service robot next year.