A new report from Markets and Markets, a worldwide market research firm, shows that the total value of the augmented reality market will grow to $5 billion by 2016. Augmented reality, a technology that has long lingered in the realm of obscurity, is quickly becoming the focus for developers of mobile applications. The technology can create interactive digital experience for smart phone owners, the likes of which they cannot find anywhere else. From 2011 to 2016, Markets and Markets expects the AR app market to grow by 95%, estimating that…
Read MoreReport predicts the value of the global augmented reality application market to reach $5 billion by 2016
