Augmented Reality (AR) refers to those techniques and methods that allow overlaying of real-world objects and surrounding with three-dimensional virtual objects with the use of an AR device. Unlike virtual reality (VR), AR aims to change perception by adding images, sound, and other details rather than recreating and replacing an entire real-life environment. Nowadays, AR experiences are applied in gaming, education, training, and other fields.
According to a report by Fortune Business Insights, the growing adoption of 5G technology by various enterprises would create lucrative opportunities for the AR industry. The global AR market is expected to reach $97.76 billion by 2028, exhibiting an excellent CAGR of 48.6%.
