#Augmented and Virtual Reality Contact Lenses Market Trends
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Augmented and Virtual Reality Contact Lenses Market Global Opportunity Analysis and Industry Forecast, 2024-2032
Augmented and Virtual Reality (AR/VR) contact lenses represent the next frontier in wearable technology, merging optical enhancement with cutting-edge digital interfaces. These lenses enable users to experience immersive augmented or virtual environments directly through their eyes, offering unparalleled convenience and functionality. With potential applications spanning healthcare, gaming, education, and industrial design, AR/VR contact lenses are poised to revolutionize how individuals interact with digital and physical worlds.
The Augmented and Virtual Reality Contact Lenses Market size was valued at USD 21.60 Million in 2023 and is expected to grow to USD 71.80 Million by 2031 and grow at a CAGR of 16.2 % over the forecast period of 2024-2031.
Future Scope
The development of AR/VR contact lenses is set to accelerate, driven by advances in nanotechnology, microelectronics, and wireless communication. Future iterations will feature improved resolution, extended battery life, and enhanced eye-tracking capabilities. Integration with AI and machine learning is anticipated to enable real-time contextual assistance and personalized user experiences. As miniaturization technologies improve, AR/VR contact lenses are expected to achieve widespread adoption across consumer and professional markets.
Emerging Trends
Key trends include the development of ultra-thin displays embedded within contact lenses, powered by wireless energy transfer. Biometric sensors integrated into lenses are emerging as a dual-purpose feature for health monitoring. Another significant trend is the convergence of AR/VR lenses with smart eyewear, creating hybrid devices that offer both enhanced vision and immersive digital capabilities. Moreover, collaborations between tech giants and ophthalmology experts are accelerating advancements in safety and usability.
Applications
AR/VR contact lenses have diverse applications, including virtual training and simulations in professional environments such as healthcare and engineering. In gaming, these lenses provide fully immersive experiences without bulky headsets. In healthcare, AR-enabled lenses assist surgeons with real-time overlays of patient data during procedures. Additional applications include language translation, navigation, and interactive education tools, transforming how users access and engage with information.
Key Points
AR/VR contact lenses merge digital immersion with wearable convenience.
Advances in nanotechnology and wireless energy transfer are driving innovation.
Applications span gaming, healthcare, professional training, and education.
Biometric sensors offer health monitoring alongside augmented vision.
Integration with AI enables real-time contextual assistance.
Conclusion
AR/VR contact lenses represent a transformative leap in wearable technology, offering immersive and interactive experiences that redefine user engagement. As innovation accelerates, these lenses are poised to become indispensable tools across industries, blending practicality with futuristic vision. The journey ahead promises exciting breakthroughs, ensuring that AR/VR contact lenses remain at the cutting edge of technological evolution.
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Akash Anand — Head of Business Development & Strategy
Email: [email protected]
Phone: +1–415–230–0044 (US) | +91–7798602273 (IND)
#Augmented and Virtual Reality Contact Lenses Market#Augmented and Virtual Reality Contact Lenses Market Size#Augmented and Virtual Reality Contact Lenses Market Share#Augmented and Virtual Reality Contact Lenses Market Growth#Augmented and Virtual Reality Contact Lenses Market Trends
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Augmented and Virtual Reality Contact Lenses Market by Manufacturers, Regions, Type and Application
The Augmented and Virtual Reality (AR/VR) landscape has been evolving rapidly, revolutionizing various industries and consumer experiences. Among the latest advancements in this realm are augmented and virtual reality contact lenses, offering a seamless integration of digital information with the real world. This innovative technology has not only captured the imagination of tech enthusiasts but has also garnered significant attention from businesses across sectors. With a market size valued at USD 37.2 billion in 2022, and projected to reach USD 226.02 billion by 2030, the AR/VR contact lenses market is witnessing unprecedented growth, fueled by a myriad of factors.
Emerging Trends and Opportunities
The adoption of AR/VR contact lenses is being propelled by several emerging trends and opportunities:
Healthcare Applications: One of the most promising avenues for AR/VR contact lenses lies in the healthcare sector. These lenses have the potential to revolutionize patient care by providing real-time data visualization, aiding in surgical procedures, and enhancing medical training through immersive simulations.
Enterprise Solutions: Businesses are increasingly leveraging AR/VR contact lenses for various enterprise applications such as remote assistance, virtual meetings, and immersive training programs. These lenses offer hands-free access to information, improving productivity and efficiency in diverse work environments.
Consumer Entertainment: AR/VR contact lenses are poised to transform the entertainment industry by offering immersive gaming experiences, interactive storytelling, and personalized content consumption. As the technology advances, consumers can expect more engaging and lifelike virtual experiences.
Enhanced Accessibility: With advancements in miniaturization and wearable technology, AR/VR contact lenses are becoming more compact, lightweight, and comfortable for everyday use. This enhanced accessibility is driving wider adoption across consumer segments.
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Key Drivers Propelling Growth
Several key drivers are fueling the exponential growth of the AR/VR contact lenses market:
Technological Advancements: Continuous advancements in display technologies, sensor integration, and wireless connectivity are expanding the capabilities of AR/VR contact lenses, making them more immersive, responsive, and user-friendly.
Increasing Demand for Wearable Devices: The growing popularity of wearable devices and the rising trend of integrating technology seamlessly into everyday life are driving demand for AR/VR contact lenses as the ultimate wearable gadget.
Rising Investments and Funding: The AR/VR ecosystem is witnessing significant investments and funding from venture capitalists, tech giants, and governments, accelerating research and development efforts in contact lens technology.
Expanding Applications Across Industries: From healthcare and education to retail and entertainment, AR/VR contact lenses are finding applications across a wide range of industries, creating lucrative opportunities for market players.
Challenges and Considerations
Despite its immense potential, the AR/VR contact lenses market faces certain challenges and considerations that need to be addressed:
Privacy and Security Concerns: The collection and processing of personal data through AR/VR contact lenses raise concerns regarding privacy, data security, and potential misuse of sensitive information.
Regulatory Hurdles: The development and commercialization of AR/VR contact lenses are subject to stringent regulatory requirements, necessitating compliance with safety standards and approval processes.
Technical Limitations: Despite significant advancements, AR/VR contact lenses still face technical limitations such as limited field of view, display resolution, and battery life, which could impact user experience and adoption rates.
Cost and Affordability: High manufacturing costs and limited economies of scale currently contribute to the high price point of AR/VR contact lenses, posing challenges for widespread adoption, particularly in price-sensitive markets.
Key Takeaways from the Market
In conclusion, the AR/VR contact lenses market presents a compelling landscape of growth and innovation, driven by emerging trends, technological advancements, and diverse applications across industries. As the market continues to evolve, stakeholders need to navigate challenges such as privacy concerns, regulatory requirements, and technical limitations while capitalizing on opportunities for expansion and differentiation. With concerted efforts towards research, development, and collaboration, the future of AR/VR contact lenses holds immense promise, shaping a world where digital and physical realities seamlessly converge to enhance human experiences.
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Envisioning the Future: The Evolution of Digital Art
As technology continues to advance at an exponential rate, the world of digital art stands on the precipice of a revolutionary transformation. Over the past few years, we've witnessed an explosion of creativity and innovation in digital art, driven by powerful software, cutting-edge hardware, and a growing community of digital artists. But what will this landscape look like in 10 years? Let's peer into the future and envision the possibilities.
1. **Augmented Reality (AR) Integration**: One of the most exciting developments in digital art will be the seamless integration of augmented reality into artistic expression. Imagine walking down the street and seeing digital sculptures, paintings, and installations overlaid onto the physical world through AR glasses or contact lenses. Artists will have unprecedented freedom to create immersive experiences that transcend the confines of traditional galleries.
2. **AI-Driven Creativity**: Artificial intelligence will play an increasingly significant role in the creation of digital art. AI algorithms will analyse vast datasets of artistic styles, techniques, and trends to generate novel ideas, assist with composition, and even create entire artworks autonomously. This collaboration between human artists and AI will spark new forms of expression and challenge conventional notions of authorship and creativity.
3. **Blockchain and Digital Ownership**: The rise of blockchain technology will revolutionise the way we buy, sell, and authenticate digital art. By leveraging blockchain's immutable ledger system, artists will be able to securely timestamp and verify the authenticity of their creations, ensuring that they receive proper attribution and compensation for their work. Collectors will also benefit from increased transparency and provenance, leading to a flourishing digital art market.
4. **Virtual Reality (VR) Galleries**: Traditional art galleries will no longer be limited by physical space constraints. Instead, virtual reality will enable artists to showcase their work in immersive virtual environments accessible to anyone with a VR headset. Visitors can explore virtual galleries from the comfort of their homes, interact with artworks in new ways, and attend virtual openings and events, democratising access to art on a global scale.
5. **Cross-Disciplinary Collaboration**: As boundaries blur between art, technology, and science, we'll see an explosion of cross-disciplinary collaboration in the world of digital art. Artists will collaborate with engineers, scientists, and researchers to create interactive installations, generative artworks, and multimedia experiences that push the boundaries of creativity and innovation. This convergence of disciplines will give rise to entirely new forms of artistic expression.
6. **Environmental Sustainability**: With growing awareness of environmental issues, digital artists will increasingly prioritise sustainability in their practice. We'll see a shift towards eco-friendly materials and digital mediums that minimize carbon footprints. Virtual art experiences will offer an environmentally conscious alternative to traditional art production and consumption, reducing the need for physical resources and transportation.
7. **Expanded Accessibility and Inclusivity**: Advancements in technology will make digital art more accessible and inclusive than ever before. From AI-powered tools that assist artists with disabilities to multilingual interfaces that cater to diverse audiences, digital art platforms will strive to be inclusive spaces that welcome artists and enthusiasts from all backgrounds.
In conclusion, the future of digital art holds boundless possibilities for creativity, innovation, and collaboration. Over the next decade, we can expect to see a convergence of emerging technologies, a reimagining of artistic practices, and a democratization of artistic expression on a global scale. As we embark on this journey into the unknown, one thing is certain: the world of digital art will continue to inspire, challenge, and amaze us in ways we can only begin to imagine.
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Visionary Trends: Navigating the Latin America Eyewear Market's Growth and Innovation Landscape
The Latin America eyewear market stands as a dynamic and evolving industry, reflecting both the region's diverse consumer base and the global trends shaping the optical sector. In 2023, the market is projected to achieve a value of approximately USD 1.22 billion. Anticipated to grow at a Compound Annual Growth Rate (CAGR) of 6.10% between 2024 and 2032, the market is expected to reach a value of USD 2.08 billion in 2032. This article explores the key factors influencing the Latin America eyewear market, including historical context, market structure, emerging trends, and future prospects.
Historical Overview:
The history of eyewear in Latin America traces back to ancient civilizations where rudimentary forms of vision aids were used. However, it wasn't until the modern era that eyewear gained widespread popularity. The evolving fashion trends, coupled with increased awareness about eye health, have propelled the eyewear market to become an integral aspect of the Latin American lifestyle.
Market Structure and Key Players:
The Latin America eyewear market comprises a diverse range of products, including prescription glasses, sunglasses, contact lenses, and frames. Major players in the industry encompass global eyewear brands, local retailers, and online platforms. The market is characterized by a mix of traditional brick-and-mortar stores and a growing e-commerce presence, reflecting changing consumer preferences and shopping habits.
Consumer Preferences and Cultural Influences:
Consumer preferences for eyewear in Latin America are influenced by a combination of fashion trends, lifestyle choices, and cultural factors. Eyewear is not merely considered a vision correction tool but also a fashion accessory, reflecting personal style. The rich cultural diversity across Latin American countries contributes to a varied and vibrant eyewear market with preferences varying from country to country.
Market Trends and Innovations:
The Latin America eyewear market is witness to several notable trends and innovations. Increased awareness of eye health has led to a rising demand for technologically advanced lenses that offer UV protection and blue light filtering. Additionally, sustainable and eco-friendly eyewear options have gained traction, aligning with the growing global emphasis on environmentally conscious consumer choices.
Digital Transformation:
Digital transformation is reshaping the eyewear retail landscape in Latin America. E-commerce platforms have gained prominence, offering consumers the convenience of browsing, selecting, and purchasing eyewear online. Virtual try-on technologies have become increasingly sophisticated, allowing customers to virtually experience how different frames suit their faces before making a purchase.
Market Challenges and Opportunities:
The Latin America eyewear market faces challenges such as economic fluctuations, counterfeit products, and the impact of the COVID-19 pandemic on retail operations. However, these challenges also present opportunities for innovation, particularly in the areas of online retail, telehealth, and augmented reality applications that enhance the eyewear shopping experience.
Government Regulations and Health Initiatives:
Government regulations play a crucial role in ensuring the quality and safety of eyewear products in Latin America. Regulatory standards for prescription lenses, frame materials, and UV protection contribute to consumer confidence. Additionally, public health initiatives that raise awareness about the importance of regular eye check-ups and the use of protective eyewear drive market growth.
Future Outlook:
With the projected CAGR of 6.10% between 2024 and 2032, the Latin America eyewear market is poised for significant expansion. Factors such as the increasing aging population, rising disposable incomes, and evolving fashion consciousness are expected to drive market growth. The industry's future is likely to witness further innovations in lens technology, design aesthetics, and retail experiences to meet the diverse needs of consumers.
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Smart Contact Lenses Market Analysis Demand, Statistics, Top Manufacturers, Revenue by Reports and Insights 2030
The latest market report published by Credence Research, Inc. “Global Smart Contact Lenses Market: Growth, Future Prospects, and Competitive Analysis, 2022 – 2030. The smart contact lenses marketplace is projected to reach USD 2,238.91 million through 2030, with a compound annual boom charge CAGR of 29.25% at some stage in the forecast period from 2023 to 2030.
Technological advancements are reshaping every aspect of our lives, smart contact lenses have emerged as a groundbreaking innovation, promising to revolutionize the way we perceive the world and interact with information. At the forefront of this transformative wave, we find a myriad of applications, from enhanced visual experiences to seamless health monitoring. In this comprehensive exploration, we delve into the intricacies of smart contact lenses, uncovering their multifaceted capabilities and potential impacts across various domains.
Smart Contact Lenses Market Key Growth Trends reveal a fascinating revolution in the field of vision correction and augmented reality. These cutting-edge contact lenses are not just ordinary lenses, but rather intelligent devices that seamlessly integrate with our daily lives. Designed to provide real-time information and enhance our visual experience, smart contact lenses have emerged as a game-changer in various industries such as healthcare, sports, entertainment, and even navigation. With features like built-in sensors, microchips, and miniature displays, these advanced lenses offer wearers an entirely new dimension of convenience and functionality.
The Dawn of Smart Contact Lenses
Smart contact lenses represent the convergence of cutting-edge microelectronics and ocular technology. These ingenious devices are designed to merge seamlessly with the human eye, augmenting natural vision with a digital layer of information. As we venture into the realms of augmented reality (AR) and wearable technology, smart contact lenses have emerged as a pivotal player, offering a discreet and unobtrusive platform for information display and interaction.
Transforming Visual Accessibility
One of the most profound impacts of smart contact lenses lies in their ability to enhance visual accessibility for individuals with vision impairments. Through real-time image processing and display, these lenses can adapt to various lighting conditions and correct visual deficiencies, thereby offering a new world of clarity and detail. Imagine a future where those with limited sight can perceive the world with enhanced precision, navigating their surroundings effortlessly.
Redefining Healthcare Monitoring
Beyond their visual augmentation capabilities, smart contact lenses are poised to revolutionize healthcare monitoring. By integrating biosensors, these lenses can continuously and non-invasively monitor various physiological parameters, such as glucose levels and intraocular pressure. This real-time data collection offers unparalleled insights into an individual's health, enabling timely interventions and personalized medical care.
Seamless Connectivity and Communication
Smart contact lenses are not limited to personal health and vision enhancements; they also have the potential to reshape the way we communicate and connect with the digital world. With built-in wireless communication modules, these lenses can establish seamless connections with smartphones and other smart devices. Imagine a scenario where a simple glance can retrieve emails, access navigation information, or even facilitate language translation, all projected onto the lens display.
Browse 235 pages report Smart Contact Lenses Market Smart Contact Lenses Market by Product Type (Active Smart Contact Lenses, Passive Smart Contact Lenses), by Application (Health Monitoring, Vision Correction, Virtual Reality, Others), and by Distribution Channel (Online Retail, Optical Stores, Hospitals and Clinics, Others) - Growth, Future Prospects & Competitive Analysis, 2016 – 2030)- https://www.credenceresearch.com/report/smart-contact-lenses-market
Overcoming Technological Challenges
The development of smart contact lenses has not been without its challenges. Miniaturizing electronics to fit within the confines of a contact lens while ensuring comfort and safety has required remarkable engineering feats. Additionally, ensuring energy efficiency and reliable connectivity are ongoing areas of research. However, the strides made in these domains are indicative of a promising future where these challenges are overcome.
Charting the Future
In the grand tapestry of technological innovation, smart contact lenses emerge as a pivotal thread, weaving together the realms of vision enhancement, healthcare monitoring, and digital connectivity. As researchers and engineers continue to refine these remarkable devices, we stand on the brink of a new era, where the boundaries between the physical and digital worlds blur, and human potential is elevated to unprecedented heights.
In conclusion, smart contact lenses represent a transformative leap in human-machine interaction, offering a glimpse into a future where seamless integration of technology and biology reshapes our capabilities and experiences. From revolutionizing visual accessibility to redefining healthcare monitoring and communication, these lenses hold the promise to enrich our lives in ways previously unimaginable. As the journey of innovation continues, smart contact lenses are poised to leave an indelible mark on the fabric of our existence, propelling us toward a future where the extraordinary becomes the everyday.
Why to Buy This Report-
The report provides a qualitative as well as quantitative analysis of the global Smart Contact Lenses Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.
The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.
Major nations in each region with their import/export statistics
The global Smart Contact Lenses Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.
Browse Full Report: https://www.credenceresearch.com/report/smart-contact-lenses-market
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Related Report: https://www.credenceresearch.com/report/e-book-reader-market
Related Report: https://www.credenceresearch.com/report/mobile-value-added-services-market
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Browse Our Blog: https://medium.com/@priyanshi_97937/smart-contact-lenses-market-analysis-with-size-revenue-growth-drivers-and-forecast-to-2030-f5b132206cbf
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Eyewear Market : Value Chain, Stakeholder Analysis and Trends by 2032
The Eyewear Market is an exciting and dynamic industry that combines fashion, functionality, and cutting-edge technology to enhance vision and elevate personal style. From prescription glasses to sunglasses and contact lenses, eyewear has become an essential accessory that not only corrects vision but also makes a bold fashion statement.
With a growing emphasis on personal style and self-expression, eyewear has transcended its functional purpose to become a fashion-forward accessory. Frames and lenses are designed in a myriad of shapes, colors, and materials to cater to diverse tastes and trends. Whether it's classic elegance, avant-garde designs, or minimalist chic, eyewear allows individuals to showcase their unique personality and enhance their overall appearance.
Beyond aesthetics, eyewear plays a crucial role in improving vision and enhancing quality of life. Prescription glasses provide vision correction for those with refractive errors, such as nearsightedness or farsightedness, allowing individuals to see clearly and perform daily activities with ease. Contact lenses offer an alternative, providing convenience and flexibility for those who prefer a lens-free look.
Sunglasses, on the other hand, serve as more than just a fashion accessory. They protect the eyes from harmful ultraviolet (UV) rays, reducing the risk of eye conditions caused by prolonged sun exposure. Advanced lens technologies, such as polarized lenses and photochromic lenses, offer additional benefits like glare reduction and automatic light adaptation, ensuring optimal visual comfort in various environments.
The Eyewear Market is not only driven by fashion and vision correction but also propelled by technological advancements. Innovative features, such as blue-light blocking coatings to reduce digital eye strain, anti-fog coatings for enhanced visibility, and smart eyewear integrating augmented reality (AR) and virtual reality (VR) capabilities, are reshaping the industry. These advancements merge style with functionality, creating new possibilities and revolutionizing the way we perceive and interact with the world.
Furthermore, sustainability and eco-consciousness are gaining momentum in the Eyewear Market. Many companies are adopting environmentally friendly practices, using recycled materials, and implementing sustainable manufacturing processes to reduce their carbon footprint. Consumers are increasingly seeking ethically produced eyewear options that align with their values, making sustainability a key factor in purchasing decisions.
For More Info@ https://www.persistencemarketresearch.com/market-research/Eyewear-Market.asp
Professionals in the Eyewear Market contribute to its vibrant and evolving landscape. From designers and manufacturers to optometrists, ophthalmologists, and retail specialists, their expertise and collaboration drive innovation, customer satisfaction, and industry growth. By staying abreast of fashion trends, technological advancements, and changing consumer preferences, these professionals shape the future of the eyewear industry.
If you're passionate about eyewear, fashion, technology, or vision care, join me on LinkedIn. Let's connect, share insights, and contribute to the dynamic Eyewear Market, where style, vision, and innovation converge to create a world of endless possibilities for individuals seeking clarity, protection, and self-expression.
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6 Technologies That Will Reshape Marketing In The Next Decade https://ift.tt/2SS8OeD
Augmented reality and the Internet of Things are among the defining forces going forward.
December 31, 2019 9 min read
Opinions expressed by Entrepreneur contributors are their own.
When the internet was beginning to be commercially adopted in the early 1990s, few predicted how it would completely overhaul the marketing industry over the next two decades. Ingenious search engines that navigate a plethora of budding websites, along with the first online display and search ads, marked a drastic turn of marketing dynamics as individuals's active search behavior allowed for much more relevant and efficient ad delivery.
The emergence of social media represented an equally revolutionary milestone, whereby comprehensive data on user demographics, preferences and interests offered marketers unprecedented targeting options. The innovation of advertising is the foundation on which world-changing tech giants such as Google or Facebook are built upon. It has allowed them to claim a huge chunk of all ad spending and generate revenues surpassing the total GDPs of entire countries.
In a similar fashion, companies that manage to formulate the most scalable marketing ecosystems around the next wave of society-altering technology, coupling commercial with consumption intent more effectively, will experience astronomic growth and most likely become corporate superpowers -- or further cement their dominance.
Early adopters who leverage those novel tools and unsaturated channels will gain significant competitive advantages, and new companies and agencies will emerge that build out their own tools or business models to complement the most impactful future marketing technologies.
Related: How to Market Technology in the Digital Era
Big Data, AI and Quantum Computing
Why are these three buzzwords seemingly just lumped together? Because their development is strongly interdependent, and combined they’ll underpin most major technology advancements. The synergy of AI and big data is already deeply rooted in the core marketing activities of both large and small digital enterprises: Recommendation engines account for a staggering 35 percent of Amazon’s total sales, multi-channel sentiment analysis informs the brand strategies of companies like Samsung, and every minor e-commerce retailer can already harness the effectiveness of chatbots.
AI thrives on mountains of information to fuel its continuous learning mechanisms, and once leveraged by the mind-bending processing speeds of quantum computers to tap ever-increasing sources of big data, its capacity to deliver unique insights, automate a multitude of tasks and even take over various decision-making aspects from humans will surge exponentially.
The likes of IBM, D-Wave and Microsoft are all investing heavily into quantum computing, and Google has already modelled quantum neural networks in a race to build the first stable and commercially viable quantum computer, a force of (artificial) nature that would enable the conception of a sheer endless number of potential AI-powered applications, some which we haven’t even imagined yet.
It’s safe to assume that the first commercial applications to emerge from the current research will serve the core functions of the companies at the forefront of their development. As a result, all pillars of online marketing -- SEO, digital advertising, price matching etc. -- will be subject to massive disruptions as they become more efficient and autonomous.
It also means many jobs will become obsolete. Various custom services provided by agencies, especially in the realm of data analytics, will inevitably become commoditized through respective AI tools. The cannibalization will even spill over to the more creative marketing segments, given algorithms that autonomously generate personalized assets, copies and content exist already.
The technological leap driven by the development of the holy technological trinity of big data, AI and quantum computing will open a treasure chest of unprecedented opportunities for online marketers in the form of novel applications to reach and monetize customers as well as an enhancement of the current digital marketing ecosystems. Equally, those who fail to adapt will find themselves overhauled by the progress.
Internet of Things
As of now, our smartphones, laptops and some commercial machines and sensors comprise the majority of the current gateways to the internet. However, this is rapidly changing as the physical and digital realms increasingly (and somewhat frighteningly) converge. An estimated 41.6 billion Internet of Things (IoT) devices will generating 79.4 zettabytes of data by 2025; a truly astronomical figure brimming with potential.
Beacon technology, 5G, sophisticated sensors, self-driving cars, smart wearables and smart homes all just mark the beginning of a world where almost anything powered by electricity may be connected to each other and with the all-encompassing web, opening up deep-reaching tracking and engagement opportunities for marketers.
CTRs of almost 100 percent will no longer be an impossibility, whereby companies and agencies shall strive for hyper relevance and aim to eliminate the interruptive commercial based on demographic and behavioral data from a limited few devices. Fridges, vending machines, shop displays, even plates; every ”thing” may serve as a touchpoint to accompany the consumer along a much richer, attributable and predictable journey in the quest to serve the right sales message at the right time.
To fully realize the potential, marketers will face the monumental technical challenge of implementing holistic, multi-device platforms that can assimilate and manage all these incredibly varied and intertwined gadgets and their associated data. Undoubtedly, this will give birth to many new entrants that take it upon themselves to deliver solutions for a new, hyperconnected cosmos.
Voice and Virtual Assistants
A promising child of AI harnesses one of the most ancient forms of human interaction: voice. The likes of Alexa, Siri or Google Assistant are slowly morphing into a ubiquitous and most seamless UI that will change the way we find information, consume media and buy things.
With 61 million people owning a digital assistant in the US alone and already 20 percent of all mobile searches being conducted orally, the value of including voice search in future marketing strategies is clear. Add to that moves like Google’s plans to integrate voice query data into the Search Console and roll out Google Actions, software that allows Google Assistant to interact with a site’s content, and the consideration of virtual assistants will no longer be advisable but instead become a must.
Businesses are already reaping the rewards of proper voice search optimization and attain significant boosts to their click-through and conversion rates, attributable to greater relevance and less competition on voice search result pages. Measures such as ensuring localized businesses are listed in the assistant-favored data-aggregators, or optimizing for semantics- -- with a greater focus on conversational interrogative phrases -- are already in the standard repertoire of forward-thinking SEO tools and agencies.
However, the new frontier revealed by virtual assistants lies beyond search. Cross-app integration and deeper access to big data are the first steps to transform them from mere search enhancers into predictors of users’s needs capable of autonomously serving highly targeted ads and carry out transactions on their behalf. In that light, it becomes self-evident that the proliferating number of IoT devices comprise the perfect ecosystem for virtual assistants to link up with. Alexa’s integration into newer BMW cars and into various Bosch home appliances pose examples that hint towards a future where VAs serve as a point of convergence for multi-device data on user’s behaviors and preferences and as the agent to deliver hyper-relevant ads at the right moment.
Right now, marketers should recognize the importance of voice search in SEO. In the future, once IoT becomes omnipresent, a whole new world opens up in which marketers can devise entirely new ways to reach consumers, leveraging stronger emotional connections enabled through voice and tapping into gargantuan reserves of big data.
Related: 4 Major Marketing Trends for 2020 and Beyond
Augmented Reality
A scene from the Netflix series Altered Carbon presents what an augmented/mixed-reality urban landscape could look like: The main character walks along the alleys of a futuristic city, and through high-tech contact lenses sees a myriad of flashy holograms promoting mostly dubious amenities. In 2019, overlaying augmented reality through such lenses still belongs to the realm of sci-fi movies (for now). Instead, smartphones are still the marketer’s AR gateway to the consumer, and an increasingly effective one at that.
Various e-commerce niches in particular may see significant boosts in sales as the online shoppers’s hesitation is alleviated by being able to more vividly visualize the products with their smartphone from the comforts of their homes. For example, IKEA’s Place app, developed with Apple’s ARKit, allows thousands of pieces of furniture to be virtually previewed anywhere in a roomm, causing the likelihood of buying to increase 11-fold. It’s quite possible that, for some industries, offering visualizations to "try out" products pre-sale will transition from being a mere value-adding gimmick to a standard consumer expectation.
Similarly, AR is set to play a huge role in enhancing the physical shopping experience of retail stores. More engaging shop displays, like Zara’s virtual catwalk that replaced mannequins in one of its stores, allow brands to make stronger emotional connections through interaction. Walmart enhanced its mobile app with an AR scanner, allowing the product-conscious customer to easily retrieve an item’s reviews or additional information.
Most interesting for online marketing agencies, however, is the dawn of AR ads on social-media platforms. Earlier this year, Snap Inc. opened up programmatic auctions for AR Lenses to the masses, and by rolling out the complementary Lens Studio, agencies possess an additional format to offer to clients that’s more compelling than video. Facebook, too, tested AR ads in its Newsfeeds and Messenger, resulting in companies like WakeMeUp, who let customers try on new shades of makeup, to boast a sales uplift of 27.6 percent.
Furthermore, as tech behemoths open up the technology for audiences to engage with the real world through AR on a daily basis, it won’t be long for shops and amenities in proximity to promote themselves on those overlaid screens, effectively positioned between physical billboards or signs and Google Maps entries.
Considering AR interaction is especially
appealing to younger demographics
and that the number of mobile AR devices
could exceed 2.5 billion by 2023
, it’s no wonder that the next decade and beyond will see AR ads shift from the domain of early adopters to the mainstream.
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An Overview of Augmented Reality and Its Potential in Education
Augmented reality (AR) is the modification or enhancement of real-life environments created by supplementing computer-generated inputs such as sounds, virtual elements, or other sensory stimuli.
AR is a programming that superimposes digital data and images on physical objects and environments.
It adds data to your field of view, thereby putting information directly into the context in which you would apply it. Examples of AR experience include Snapchat lenses, and the pokemon go game.
The AR experience is thriving as a significant trend, and it is estimated that by 2023, there will be 2.4 billion AR mobile users worldwide, whereas there were only 200 million users in 2015.
AR is often confused with virtual reality (VR), a technology that transposes its user’s current environment into an artificial three-dimensional (3D) environment using electronic devices such as visors, goggles, or gloves fitted with sensors. Unlike AR, VR fully immerses its users, and they can interact with the 3D environment.
Augmented reality (AR) and virtual reality (VR) have exciting potential in the future of gaming, marketing, e-commerce, education, and many other fields.
Difference Between Augmented Reality and Virtual Reality
Just as their names suggest, augmented reality (AR) augments the real-world environment, whereas virtual reality (VR) completely immerses the virtual environment.
While AR superimposes digital data and images on physical objects and environments, thereby improving the users' view of their current environment, VR transposes them through closed visors or goggles.
VR blocks out the physical environment by stimulating senses such as vision, hearing, touch, etc. and puts the users in a different virtual environment, thereby expanding their senses with experiences within.
Augmented Reality In Education
Traditional methods of education as we know it are becoming a thing of the past. As per the report by Harvard GSE, student engagement is dropping each year because institutes focus on standardized modes of teaching.
This drop in student engagement has led to the surge in the popularity of AR in learning institutes.
AR can reinvigorate the classroom, bringing extra creativity, interaction and engagement, thereby improving learning outcomes. It also reduces the learning time it takes students to grasp a complicated topic.
Schools, colleges, and students can use AR apps to streamline and intuitive learning experience.
Benefits Of Augmented Reality In Education
One of the most important benefits of AR in education is that it enhances the interaction and engagement of students in learning.
The gamification of AR and the education system can make learning fun and interesting, pique students' interest.
AR makes it easier for students to grasp complex topics and ideas faster because they can easily observe what they are being taught.
AR also helps students learn in a safe environment and eliminates the risk of trying out dangerous procedures in a physical environment. For example, students can freely try out mixtures of chemicals in a science class with the help of an AR app without the risk of getting hurt, which would not have been possible in a physical lab.
Industries such as aerospace, military, medical and others can make training and tasks more interactive and safe through AR.
Pilots can get real-life training on how to fly planes in a virtual environment through AR, eliminating the risk of physical training.
We at XR Guru proffer custom training and learning content for every industry. Contact us to learn more!
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Augmented and Virtual Reality Contact Lens Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027
The global AR and VR contact lenses market size is expected to reach $1.74 billion by 2025, at a CAGR of 62% from 2021 to 2027. The market growth is driven by increasing demand for consumer electronics, AR and VR devices and applications in healthcare, retail, gaming entertainment, e-commerce and other sectors. The increasing deployment of AR and VR in automotive applications of HMD devices and HUD devices for cruise control, lane departure, navigation and other applications will significantly drive the AR and VR contact lenses market. In particular, the adoption of Fresnel lenses in AR and VR HMD devices could drive the AR and VR contact lens industry.
A full report of Augmented and Virtual Reality Contact Lens Market available at: https://www.orionmarketreports.com/augmented-and-virtual-reality-contact-lens-market/4019/
Augmented and Virtual Reality Contact Lens Market- Segmentation
By Type
Augmented Reality Contact Lens, Virtual Reality Contact Lens, In 2019, Augmented Reality Contact Lens accounted for a major share of 87% in the global Augmented and Virtual Reality Contact Lens market. And this product segment is poised to reach 24 M USD by 2025 from 9 M USD in 2019.
By Application
Medical Field, Military Applications, Entertainment, Other, In Augmented and Virtual Reality Contact Lens market, Military Applications segment holds an important share in terms of application, and it is expected to reach a volume of 2327 (Units) by 2025, at a CAGR of 17.84% during 2019 and 2025. It means that Augmented and Virtual Reality Contact Lens will be promising in the Military Applications field in the next couple of years.
By Companies
Innovega, Inwith Corp., Mojo Vision, Sony, Samsung, Verily Life Sciences, Sensimed AG, Medella Health, Alcon, Ocumetrics Bionic Lens
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Geographic Coverage
North America Market Size and/or Volume
Latin America Market Size and/or Volume
Europe Market Size and/or Volume
Asia-Pacific Market Size and/or Volume
Rest of the world Market Size and/or Volume
The report covers the following objectives:
Proliferation and maturation of trade in the Augmented and Virtual Reality Contact Lens Market.
The market share of the Augmented and Virtual Reality Contact Lens Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
Current and future market trends that are influencing the growth opportunities and growth rate of the Augmented and Virtual Reality Contact Lens Market.
Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Augmented and Virtual Reality Contact Lens Market.
Recent Developments
Market Overview and growth analysis
Import and Export Overview
Volume Analysis
Current Market Trends and Future Outlook
Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Augmented and Virtual Reality Contact Lens Market Report
What was the Augmented and Virtual Reality Contact Lens Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Augmented and Virtual Reality Contact Lens Market during the forecast period (2021-2027)?
Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
Which manufacturer/vendor/players in the Augmented and Virtual Reality Contact Lens Market was the market leader in 2018?
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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Effective Advancement in Trends of Europe Augmented Reality (Ar) Market Outlook: Ken Research
Augmented Reality is the next-gen improvement to this simulated projection with progressive sensory developments of vision and audio segments. With real-time interface and 3D projection of images of real objects have exposed a constructive method within Augmented Reality. Augmented Reality Market could be the mixture of an immense amount of sensory effects that can produce a virtual. The education was earlier utilized for media and entertainment branches.
According to the analysis, ‘Europe Augmented Reality (AR) Market by Component, Technology, Device, Industry Vertical, End User, and Country 2020-2026: Trend Forecast and Growth Opportunity’ there are so many key companies that are employed for the enrichment of the market that covers Qualcomm Technologies Inc., Catchoom Technologies, S.L., Apple Inc., HP Development Co., L.P., Blippar Ltd., Atheer, Inc., Microsoft Corp., Universal mCloud Corp. (NGRAIN), Facebook Inc, Niantic Inc., Samsung Co Ltd., Sony Corporation, Google, LLC, Optinvent S.A., Magic Leap, Inc, Intellectsoft LLC, Vuzix Corp., Total Immersion, Lumus Ltd., Wikitude GmbH, Wayray AG, Popar Co Ltd, Zugara, Inc..Educational world has also altered to Augmented Reality where educators have been teaching problem-solving to students by making real-world difficulties on virtual screens. Reading novels has been made stress-free as AR is being utilized for its spatial concepts wherever we can click images of the hardcopy of novels and apps transformed to pictures in voice signals and people can pay attention to these novels. Healthcare is additional department where AR displays a promising upcoming to a level where it can be utilized to owing minor risk-free surgeries. However, since maximum of the data is recorded due to the usage of Augmented Reality Market, people frequently resist its usage as it doesn’t ensure the privacy and safety of personal information. High-speed internet and latest technology such as GPS and tracking systems are key features that make Augmented Reality easily available is a limitation in this world as not all people are familiar with these facilities and have sometimes reported low presentation. Although no special preparation is compulsory to usage Augmented Reality when derives to gaming and entertainment but with augmented and precise technology comes a higher price of consuming this technology.
On the origin of geographically, the key regions are alienated into Germany, UK, France, Russia, Italy, Spain and Rest of Europe. France ruled the market all over the forecast aggregate owed to survival of good capacity of clients within the region.
Additionally, numerous components are elaborate within the boost of Augmented Reality based on the market report foreseeing the future of Augmented Reality within numerous departments. Hardware components such as computers, Smartphone’s and additional handheld smart devices that have cameras to capture media turns are the displayers and forecasters of augmented pictures. WIFI, Bluetooth, GPS are utilized for connecting real-time objects to virtual objects established on geographical environments. A head-mounted display (HMD), contact lenses, eye ware shows the information and media that may not be real within a virtual representation of objects. Speech recognition systems are the latest members of Augmented Reality that arguments and workings on the human voice. We can control our phones and extra smart devices with our voices. Thus, it is predicted that the Europe Augmented Reality (AR) market can increase within approaching years.
For More Information, click on the link below:-
Europe Augmented Reality Market Research Report
Related Report:-
Global Augmented Reality Smart Glasses Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)
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Effective tips for Augmented Reality as a Media Trend
Augmented Reality (AR) can be quite addictive! Need proof? Remember Pokémon Go? The game not only had kids addicted, but even adults also couldn’t get enough of the Pokémon appearing on the mobile screen while they took walks. The game was a smash hit and is still popular today. This is the power of AR, and this ability is tapped and transitioned into a trend for other forms of media as well. Just ask any creators doing corporate video production in Pune, India and you’ll know the potential of Augmented Reality.
What is Augmented Reality?
Digitally enhanced, a computer-generated perception that interplays with reality through a digital screen is augmented reality. Though some like to compare it with Virtual Reality (VR), the truth is that it's different because it does not encompass the surrounding environments. It is limited to the digital screen and encompasses and integrates only what your screen captures. But this is an advantage as it develops along with other technologies. AR is also not too immersive and is much easier to make develop.
Augmented Reality in India
India is already a gaming and digital media hub, so unsurprisingly, the AR and VR industries are set to boom here in the coming years. These industries together are predicted to be worth $571.42 billion and will have applications in industries like media, social media, gaming, events, entertainment, education, healthcare, real estate, and retail.
Media Applications
Currently, AR is taking the media industry by storm, and corporate video marketing companies in Pune, India are ushering in the use of AR to enhance media experiences. Here’s how they are doing it:
Create Unique Content
Imagine if you were able to create a corporate video for IT company in Pune, India but rather than the usual format, you make use of AR to create a multifaceted, interactive, and user-friendly video that is high on viewer experience. This is happening right now and all content strategies are aligning with AR for videos, posts, presentations, and other visual representations mediums. AR is allowing users to create unique content that truly represents a brand.
Enhanced Online Shopping Experience
Many online retails brands are now allowing users to upload pictures and 3D-generated images of themselves to try on clothes, spectacle lenses, hairstyles, and makeups. Yes, users can actually see how they will look with a product and this is expected to boost sales through an enhanced shopping experience.
Informative Posts
On social media, AR will allow businesses to create educational and interactive posts that provide the right information about a product or service, and the brand. Once someone gets all the important information, they develop trust towards that business, making them inclined to become a loyal customer. This strategy is being used by all corporate video makers in Pune.
Augmented reality is here to stay and will play an important role in all forms of visual media.
Browse more articles by Kaizen Design Studio: SIMPLE WAYS TO USE LOCAL SEO FOR YOUR LOCAL BUSINESS
About Us
Kaizen Design Studio is a multi-faceted digital marketing company in Pune with an unwavering focus on attaining numerous Uno status amongst advertising agencies in Pune. We do this through creativity, dedication, technological advancement, and unmatched customer service. Get in touch with us for the right marketing and advertising solutions.
Continuous improvement’, as our tagline reads, is the main principle of Kaizen. We at Kaizen Design Studio, strive to continuously improve ourselves and our services. We believe in pushing the boundaries of creativity, and setting new standards of achievement for ourselves.
Applying these principles and more, Kaizen Design Studio has grown from strength to strength, and is now one of the most sought after, best digital marketing company in pune.
Contact Us
Sr.No. 20/3/2, Pashan Road,
Near to Maratha Mandir,
Bavdhan Khurd, Pune, 411021
Email Id : [email protected]
Website : https://www.kaizendesignstudio.com/
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Effective tips for Augmented Reality as a Media Trend
Augmented Reality (AR) can be quite addictive! Need proof? Remember Pokémon Go? The game not only had kids addicted, but even adults also couldn’t get enough of the Pokémon appearing on the mobile screen while they took walks. The game was a smash hit and is still popular today. This is the power of AR, and this ability is tapped and transitioned into a trend for other forms of media as well. Just ask any creators doing corporate video production in Pune, and you’ll know the potential of Augmented Reality.
What is Augmented Reality?
Digitally enhanced, a computer-generated perception that interplays with reality through a digital screen is augmented reality. Though some like to compare it with Virtual Reality (VR), the truth is that it's different because it does not encompass the surrounding environments. It is limited to the digital screen and encompasses and integrates only what your screen captures. But this is an advantage as it develops along with other technologies. AR is also not too immersive and is much easier to make develop.
Augmented Reality in India
India is already a gaming and digital media hub, so unsurprisingly, the AR and VR industries are set to boom here in the coming years. These industries together are predicted to be worth $571.42 billion and will have applications in industries like media, social media, gaming, events, entertainment, education, healthcare, real estate, and retail.
Media Applications
Currently, AR is taking the media industry by storm, and corporate video marketing companies in Pune are ushering in the use of AR to enhance media experiences. Here’s how they are doing it:
Create Unique Content
Imagine if you were able to create a corporate video for IT company in Pune, but rather than the usual format, you make use of AR to create a multifaceted, interactive, and user-friendly video that is high on viewer experience. This is happening right now and all content strategies are aligning with AR for videos, posts, presentations, and other visual representations mediums. AR is allowing users to create unique content that truly represents a brand.
Enhanced Online Shopping Experience
Many online retails brands are now allowing users to upload pictures and 3D-generated images of themselves to try on clothes, spectacle lenses, hairstyles, and makeups. Yes, users can actually see how they will look with a product and this is expected to boost sales through an enhanced shopping experience.
Informative Posts
On social media, AR will allow businesses to create educational and interactive posts that provide the right information about a product or service, and the brand. Once someone gets all the important information, they develop trust towards that business, making them inclined to become a loyal customer. This strategy is being used by all corporate video makers in Pune.
Augmented reality is here to stay and will play an important role in all forms of visual media.
Browse more articles by Kaizen Design Studio: SIMPLE WAYS TO USE LOCAL SEO FOR YOUR LOCAL BUSINESS
About Us
Kaizen Design Studio is a multi-faceted digital marketing company in Pune with an unwavering focus on attaining numerous Uno status amongst advertising agencies in Pune. We do this through creativity, dedication, technological advancement, and unmatched customer service. Get in touch with us for the right marketing and advertising solutions.
Continuous improvement’, as our tagline reads, is the main principle of Kaizen. We at Kaizen Design Studio, strive to continuously improve ourselves and our services. We believe in pushing the boundaries of creativity, and setting new standards of achievement for ourselves.
Applying these principles and more, Kaizen Design Studio has grown from strength to strength, and is now one of the most sought after, best digital marketing company in pune.
Contact Us
Sr.No. 20/3/2, Pashan Road,
Near to Maratha Mandir,
Bavdhan Khurd, Pune, 411021
Email Id : [email protected]
Website : https://www.kaizendesignstudio.com/
#best creative agencies websites in pune India#logo designer in pune India#social media agency in pune India#advertising and branding agency in pune India#logo design agency pune India#logo design company pune India#logo design agencies in pune India#web design Company in Pune India#Web Design Services in Pune India#Website Design Services in Pune India#Design agencies in pune India#branding services in pune India#ASO services in India
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Augmented Reality Headsets Market Size and Analysis Report to 2027
An Augmented reality headset is a type of head-mounted display device which delivers simulated visual environment through physical optic lenses. This allows the user to see both the world through digital display and glasses. These devices allow users to experience and understand the real-time occurrences of objects around their surroundings with the help of a camera.
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Market Drivers
The increase in the use of smart wearable devices and head –mounted displays due to the rise in awareness of augmented technology is expected to boost the global augmented reality headsets market growth over the forecast period. Augmented technology also provides abundant opportunities to both new and old businesses. Its application in remote assistance and collaboration is expected to propel the adoption of this product in near future. The rise in investments and funding by large technological organizations, venture capitals, and VR businesses in augmented reality startups will positively influence the market growth during this forecast period. The growing trend of overlaying virtual objects around the environment and the need to experience the objects is expected to fuel the product demand.
Market Restraints
The increase in health issues associated with excessive usage of augmented reality headsets expected to hamper the market growth during this forecast timeline.
Market Key Players
Various key players are discussed in this report such as Google LLC, Sony Corporation, Kopin Corporation, RealWear, Inc., Seiko Epson Corporation, VUZIX, Microsoft, Magic Leap, Inc., etc.
Market Taxonomy
By Type
Standalone headsets
Tethered
Smartphone-enabled headsets
By Application
Enterprise
Consumer
By Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.
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Eyewear Market- Trends Assessment by 2025
The accessories that are worn over the eyes for correction of vision or for the protection of eyes from debris, dust or excessive light are classified under Eyewear. Spectacles, lenses and sunglasses fall under this category. Now a days, eyewear’s are not only used for vision correction, but also for appearance and looks. The manufacturers are forced to make lightweight, portable and effective eyewear’s so as to maintain the demand of the consumers. Due to increasing living standards and fashion consciousness, trendy and designer are now getting popularity among consumers. Digitalization also opened new prospects for the smart eyewear such as Virtual Reality and Augmented Reality kits.
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Increasing acute myopia in youngsters and the growing eye health awareness are major growth factors of the market. The cases of Computer vision syndrome caused due to using smartphones and computers devices for long time are increasing day by day. Additionally, changing fashion trends and introduction of new lens technologies are creating greater impacts on the sales of spectacles eyewear thus contributing in the growth of the market. Easy availability, increasing purchasing power, growth in the product awareness among consumers, and the growing demand for the early treatment of vision disorders are also playing key role to drive the market growth in the region. The demand for safety eyewear industrial application is also playing vital role in the market growth.
Asia-Pacific region is showing growth in demand eyewear products which is encouraging key players to introduce new products in the Asian countries like India and China. Advertisement in social media platforms is driving the market growth in the Asia-Pacific region. The North American regional market is also showing a steady growth, attributed to the increasing awareness for eye healthcare and a trendsetting consumer base.
The major player in the industry are Fielmann A.G., Safilo Group S.p.A., Luxottica Group S.p.A., Essilor International, CooperVision Inc., Carl Zeiss A.G., De Rigo Vision S.p.A., Maui Jim, Inc., Charmant Group., CIBA VISION., Marchon Eyewear., Pivothead., Fastrack, Lenskart, Ray-Ban.
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Market Segmentation: -
• Product Based
o Contact lenses
o Spectacles
• Spectacle frames
• Spectacle lenses
o Plano sunglasses
• By product
• Polarized
• Non-polarized
• By material,
• CR-39
• Polycarbonate
• Polyurethane
• Others
• Region Based
o North America
• U.S.
• Canada
• Mexico
o Europe
• UK
• Germany
• France
• Rest of Europe
o Asia Pacific
• China
• Japan
• India
• Rest of APAC
o South America
• Brazil
• Rest of South America
o MEA
• GCC
• South Africa
• Rest of MEA"
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New Post has been published on https://magzoso.com/tech/6-technologies-that-will-reshape-marketing-in-the-next-decade/
6 Technologies That Will Reshape Marketing In The Next Decade
Augmented reality and the Internet of Things are among the defining forces going forward.
December 31, 2019 9 min read
Opinions expressed by Entrepreneur contributors are their own.
When the internet was beginning to be commercially adopted in the early 1990s, few predicted how it would completely overhaul the marketing industry over the next two decades. Ingenious search engines that navigate a plethora of budding websites, along with the first online display and search ads, marked a drastic turn of marketing dynamics as individuals’s active search behavior allowed for much more relevant and efficient ad delivery.
The emergence of social media represented an equally revolutionary milestone, whereby comprehensive data on user demographics, preferences and interests offered marketers unprecedented targeting options. The innovation of advertising is the foundation on which world-changing tech giants such as Google or Facebook are built upon. It has allowed them to claim a huge chunk of all ad spending and generate revenues surpassing the total GDPs of entire countries.
In a similar fashion, companies that manage to formulate the most scalable marketing ecosystems around the next wave of society-altering technology, coupling commercial with consumption intent more effectively, will experience astronomic growth and most likely become corporate superpowers — or further cement their dominance.
Early adopters who leverage those novel tools and unsaturated channels will gain significant competitive advantages, and new companies and agencies will emerge that build out their own tools or business models to complement the most impactful future marketing technologies.
Related: How to Market Technology in the Digital Era
Big Data, AI and Quantum Computing
Why are these three buzzwords seemingly just lumped together? Because their development is strongly interdependent, and combined they’ll underpin most major technology advancements. The synergy of AI and big data is already deeply rooted in the core marketing activities of both large and small digital enterprises: Recommendation engines account for a staggering 35 percent of Amazon’s total sales, multi-channel sentiment analysis informs the brand strategies of companies like Samsung, and every minor e-commerce retailer can already harness the effectiveness of chatbots.
AI thrives on mountains of information to fuel its continuous learning mechanisms, and once leveraged by the mind-bending processing speeds of quantum computers to tap ever-increasing sources of big data, its capacity to deliver unique insights, automate a multitude of tasks and even take over various decision-making aspects from humans will surge exponentially.
The likes of IBM, D-Wave and Microsoft are all investing heavily into quantum computing, and Google has already modelled quantum neural networks in a race to build the first stable and commercially viable quantum computer, a force of (artificial) nature that would enable the conception of a sheer endless number of potential AI-powered applications, some which we haven’t even imagined yet.
It’s safe to assume that the first commercial applications to emerge from the current research will serve the core functions of the companies at the forefront of their development. As a result, all pillars of online marketing — SEO, digital advertising, price matching etc. — will be subject to massive disruptions as they become more efficient and autonomous.
It also means many jobs will become obsolete. Various custom services provided by agencies, especially in the realm of data analytics, will inevitably become commoditized through respective AI tools. The cannibalization will even spill over to the more creative marketing segments, given algorithms that autonomously generate personalized assets, copies and content exist already.
The technological leap driven by the development of the holy technological trinity of big data, AI and quantum computing will open a treasure chest of unprecedented opportunities for online marketers in the form of novel applications to reach and monetize customers as well as an enhancement of the current digital marketing ecosystems. Equally, those who fail to adapt will find themselves overhauled by the progress.
Internet of Things
As of now, our smartphones, laptops and some commercial machines and sensors comprise the majority of the current gateways to the internet. However, this is rapidly changing as the physical and digital realms increasingly (and somewhat frighteningly) converge. An estimated 41.6 billion Internet of Things (IoT) devices will generating 79.4 zettabytes of data by 2025; a truly astronomical figure brimming with potential.
Beacon technology, 5G, sophisticated sensors, self-driving cars, smart wearables and smart homes all just mark the beginning of a world where almost anything powered by electricity may be connected to each other and with the all-encompassing web, opening up deep-reaching tracking and engagement opportunities for marketers.
CTRs of almost 100 percent will no longer be an impossibility, whereby companies and agencies shall strive for hyper relevance and aim to eliminate the interruptive commercial based on demographic and behavioral data from a limited few devices. Fridges, vending machines, shop displays, even plates; every ”thing” may serve as a touchpoint to accompany the consumer along a much richer, attributable and predictable journey in the quest to serve the right sales message at the right time.
To fully realize the potential, marketers will face the monumental technical challenge of implementing holistic, multi-device platforms that can assimilate and manage all these incredibly varied and intertwined gadgets and their associated data. Undoubtedly, this will give birth to many new entrants that take it upon themselves to deliver solutions for a new, hyperconnected cosmos.
Voice and Virtual Assistants
A promising child of AI harnesses one of the most ancient forms of human interaction: voice. The likes of Alexa, Siri or Google Assistant are slowly morphing into a ubiquitous and most seamless UI that will change the way we find information, consume media and buy things.
With 61 million people owning a digital assistant in the US alone and already 20 percent of all mobile searches being conducted orally, the value of including voice search in future marketing strategies is clear. Add to that moves like Google’s plans to integrate voice query data into the Search Console and roll out Google Actions, software that allows Google Assistant to interact with a site’s content, and the consideration of virtual assistants will no longer be advisable but instead become a must.
Businesses are already reaping the rewards of proper voice search optimization and attain significant boosts to their click-through and conversion rates, attributable to greater relevance and less competition on voice search result pages. Measures such as ensuring localized businesses are listed in the assistant-favored data-aggregators, or optimizing for semantics- — with a greater focus on conversational interrogative phrases — are already in the standard repertoire of forward-thinking SEO tools and agencies.
However, the new frontier revealed by virtual assistants lies beyond search. Cross-app integration and deeper access to big data are the first steps to transform them from mere search enhancers into predictors of users’s needs capable of autonomously serving highly targeted ads and carry out transactions on their behalf. In that light, it becomes self-evident that the proliferating number of IoT devices comprise the perfect ecosystem for virtual assistants to link up with. Alexa’s integration into newer BMW cars and into various Bosch home appliances pose examples that hint towards a future where VAs serve as a point of convergence for multi-device data on user’s behaviors and preferences and as the agent to deliver hyper-relevant ads at the right moment.
Right now, marketers should recognize the importance of voice search in SEO. In the future, once IoT becomes omnipresent, a whole new world opens up in which marketers can devise entirely new ways to reach consumers, leveraging stronger emotional connections enabled through voice and tapping into gargantuan reserves of big data.
Related: 4 Major Marketing Trends for 2020 and Beyond
Augmented Reality
A scene from the Netflix series Altered Carbon presents what an augmented/mixed-reality urban landscape could look like: The main character walks along the alleys of a futuristic city, and through high-tech contact lenses sees a myriad of flashy holograms promoting mostly dubious amenities. In 2019, overlaying augmented reality through such lenses still belongs to the realm of sci-fi movies (for now). Instead, smartphones are still the marketer’s AR gateway to the consumer, and an increasingly effective one at that.
Various e-commerce niches in particular may see significant boosts in sales as the online shoppers’s hesitation is alleviated by being able to more vividly visualize the products with their smartphone from the comforts of their homes. For example, IKEA’s Place app, developed with Apple’s ARKit, allows thousands of pieces of furniture to be virtually previewed anywhere in a roomm, causing the likelihood of buying to increase 11-fold. It’s quite possible that, for some industries, offering visualizations to “try out” products pre-sale will transition from being a mere value-adding gimmick to a standard consumer expectation.
Similarly, AR is set to play a huge role in enhancing the physical shopping experience of retail stores. More engaging shop displays, like Zara’s virtual catwalk that replaced mannequins in one of its stores, allow brands to make stronger emotional connections through interaction. Walmart enhanced its mobile app with an AR scanner, allowing the product-conscious customer to easily retrieve an item’s reviews or additional information.
Most interesting for online marketing agencies, however, is the dawn of AR ads on social-media platforms. Earlier this year, Snap Inc. opened up programmatic auctions for AR Lenses to the masses, and by rolling out the complementary Lens Studio, agencies possess an additional format to offer to clients that’s more compelling than video. Facebook, too, tested AR ads in its Newsfeeds and Messenger, resulting in companies like WakeMeUp, who let customers try on new shades of makeup, to boast a sales uplift of 27.6 percent.
Furthermore, as tech behemoths open up the technology for audiences to engage with the real world through AR on a daily basis, it won’t be long for shops and amenities in proximity to promote themselves on those overlaid screens, effectively positioned between physical billboards or signs and Google Maps entries.
Considering AR interaction is especially appealing to younger demographics and that the number of mobile AR devices could exceed 2.5 billion by 2023, it’s no wonder that the next decade and beyond will see AR ads shift from the domain of early adopters to the mainstream.
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Global 360 Degree Camera Market-industry Analysis And Forecast (2020-2027)
Global 360 Degree Camera Market was valued US$ XX Mn in 2019 and is expected to reach US$ XX Mn. by 2027, at a CAGR of XX% during the forecast period.
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Global 360 Degree Camera Market
Market Overview:
360-degree camera are also known as omni-directional cameras, which have a 360 degree field of view. Omnidirectional cameras are important in areas where large visual field coverage is required, like panoramic photography and robotics. Also, it captures everything around the sphere. These cameras have a field of view that ranges from a few degrees to almost 180 degrees or sometimes slightly larger than 180 degrees. Some main players in 360-degree camera are Ricoh, SAMSUNG, Nikon Corporation, insta360.com, GoPro, Inc. and among others.
Market Dynamics:
Rising popularity and adoption of Augmented Reality (AR), Mixed Reality (MR), Extended Reality (XR), and Virtual Reality (VR) content among individuals are significant factor expected to drive the growth of the global 360 camera market during the forecast period. Also, increasing curve is found due to adoption of the 360-degree camera by several sectors thanks to its capability to monitor or surveillance large areas of space with high-resolution lenses. These high-resolution lenses are used in instrumentation, machine vision, vibration-sensitive, and inspection applications. Its wide area coverage offers safety and security at public places by minimizing the maintenance cost. Additionally, the availability of a number of cameras necessary for surveillance by using 360-degree cameras in retail, airport security, and public spaces, like parking lots, malls, parking garages, train stations, and others at a reasonable price.
However, the high bandwidth required by 360-degree cameras to stream high-quality videos is a key factor expected to drop the growth of the 360-degree camera market in the future. In addition, complexity and parallax effect related while capturing minor objects is a challenging factor expected to hinder the growth of the potential market in the future.
Opportunities and Trend:
The increasing surge in adoption of 360-degree cameras for various applications, growth of immersive media industry, increasing R&D activities, and launches of advanced 360 degree cameras are key trend witnessed in the global market and are expected to create major revenue growth opportunities for noticeable and new entry players in the global market in the future.
Market Segmentation:
In terms of resolution, the Ultra High-Definition (UHD) segment is expected to hold the largest market share of the global market in terms of revenue in the forecast period, because of the growing need for high resolutions cameras in the advance camera category including 4K, 5.7K, and 8K for high clarity image generation.
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Global 360 Degree Camera Market1
Region-wise, North America is expected to dominate 360-degree camera market thanks to its penetration in healthcare, industrial, and consumer electronics. Asia-Pacific region is expected to be the fastest-growing region and the growth is attributable to increased awareness and availability of funding for security purposes on airports and public places to offer combat resolution towards crime situations, and high adoption of virtual reality technologies in Japan and China. The report has covered the market dynamics by region and growth and limiting factors in different regions across the world. In-depth analysis of consumer behavior by country is covered, which will guide stakeholders in the industry and understand the market locally.
The objective of the report is to present a comprehensive analysis of the Global 360 Degree Camera Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global 360 Degree Camera Market dynamics, structure by analyzing the market segments and project the Global 360 Degree Camera Market size. Clear representation of competitive analysis of key players by application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global 360 Degree Camera Market make the report investor’s guide. Scope of the Global 360 Degree Camera Market
Global 360 Degree Camera Market, By Connectivity
• Wired • Wireless Global 360 Degree Camera Market, By Resolution
• HD • Ultra HD • Others Global 360 Degree Camera Market, By Camera Type
• Personal Use • Professional Use Global 360 Degree Camera Market, By Industry Vertical
• Media & Entertainment • Military & Defense • Digital Photography • Travel & Tourism • Automobile • Healthcare • Others Global 360 Degree Camera Market, By Region
• North America • Europe • Asia Pacific • Middle East & Africa • South America Key players operating in the Global 360 Degree Camera Market
• Nikon • LG Electronics • 360fly • GoPro • Samsung Electronics • Insta360 • Kodak • Ricoh • Rylo • Bubl • Xiaomi • Canon Inc. • Sony Corporation • Nokia Corporation • Panono Gmbh • Microsoft Corporation • Apple Inc. • Others
MAJOR TOC OF THE REPORT
Chapter One: 360 Degree Camera Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global 360 Degree Camera Market Competition, by Players
Chapter Four: Global 360 Degree Camera Market Size by Regions
Chapter Five: North America 360 Degree Camera Revenue by Countries
Chapter Six: Europe 360 Degree Camera Revenue by Countries
Chapter Seven: Asia-Pacific 360 Degree Camera Revenue by Countries
Chapter Eight: South America 360 Degree Camera Revenue by Countries
Chapter Nine: Middle East and Africa Revenue 360 Degree Camera by Countries
Chapter Ten: Global 360 Degree Camera Market Segment by Type
Chapter Eleven: Global 360 Degree Camera Market Segment by Application
Chapter Twelve: Global 360 Degree Camera Market Size Forecast (2019-2026)
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