High investment over research and development of augmented reality technology: Major Boost
According to our augment reality market report, major market players are investing huge capital in R&D of augment reality technology. Recent market trends have witnessed the signs of lucrative growth of augment reality market in upcoming years. Over Past few years, the augmented reality industry witnessed several notable activities by major players such as Facebook and Apple, which led to the robust increase in developer activities as well as widespread coverage in market. For instance, Microsoft HoloLens and Google Tango played an important role to lay the groundwork and educate the market about the capabilities of augmented reality technology. Further, advancement in these platforms is expected in nearby future, in response to Apple's ARKit. . Global augmented reality market accounted for more than USD 2.1 billion in 2016, which is anticipated to surpass USD 96 billion by the end of 2024. Furt