The market for augmented reality (AR) technology will reach about $100 billion in total worth by 2020, according to a recent market study by ABI Research.
The report, Augmented Reality Applications and Verticals, predicts that AR smart glasses will ship 21 million total units in 2020, with a compound annual growth rate (CAGR) of 78% from 2015 to 2020. Total revenues for the AR market will follow a similar trend, with an estimated CAGR of 73% from 2015 to 2020.
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