New Realities: Augmented Reality, Virtual Reality Market Should Clear $1 Billion By 2018

By Steve Anderson

While currently, many of the applications of augmented reality and virtual reality technology are still talked about as possibilities or as past attempts of varying levels of success, a new report recently emerged from MarketsandMarkets suggests that these alternate realities are likely to be big sources of actual reality cash within the next five years, as the market should clear $1 billion annually by 2018.

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