Rising Usage of Smartphone Boosting the Augmented Reality (AR) and Virtual Reality (VR) Sector Growth

Augmented reality (AR) and virtual reality (VR) technologies are being made available to people through different platforms. The growing penetration of tablet, smartphones and computers is providing a significant growth opportunity to the developers of these technologies. Thus, due to the rapid growth in smartphone ownership around the world, these devices are being seen as a potential hardware interface for such technologies, thereby resulting in the growth of the augmented reality and virtual reality sector.

Furthermore, organizations engaged in the production of AR and VR devices are also selling software development kits for designing apps based on smartphones. Some business enterprises are providing solutions in the form of tablet-and-mobile-based AR and VR products and technologies for architecture, education, furnishing, interior designing, and e-commerce. HTC Vive and Samsung Gear VR are some examples of smartphone-compatible VR products.

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