DATE: 19/12/2016
SOURCE: PR NEWSWIRE
LONDON, Dec. 19, 2016 /PRNewswire/ -- The augmented reality (AR) market in industrial industries, particularly logistics and manufacturing, will hit an inflection point in 2017 and grow by more than 400% over the previous year, forecasts ABI Research. This momentum will continue into 2018 with shipments expected to jump from 44,000 in 2017 to more than three million. This will occur as large multi-national companies like Boeing, DHL, GE, and Shell complete trials of the technology alongside the support of device manufacturers and platform companies. Given the current growth trajectory, industrial AR shipments are forecast to reach 16 million by 2021.
"Many companies see the potential value of AR within the space, and while a level of misunderstanding surrounding the technology and its capabilities can cause challenges, trials will allow workers to test and understand the benefits of the technology," says Shelli Bernard, Research Analyst at ABI Research. "Industry players are collaborating to improve education surrounding the technology's current capabilities, which will ensure that implementations meet organizations' expectations in utilizing the technology."
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