{"id":2743,"date":"2021-03-17T07:08:14","date_gmt":"2021-03-17T07:08:14","guid":{"rendered":"https:\/\/mobilecoderz.com\/blog\/?p=2743"},"modified":"2023-07-24T10:48:28","modified_gmt":"2023-07-24T05:18:28","slug":"how-immersive-technology-like-ar-vr-will-mark-the-new-pace-in-the-market","status":"publish","type":"post","link":"https:\/\/mobilecoderz.com\/blog\/how-immersive-technology-like-ar-vr-will-mark-the-new-pace-in-the-market\/","title":{"rendered":"How Immersive Technology Like AR\/VR Will Mark The New Pace in The Market?"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: arial, helvetica, sans-serif;\">The ongoing pandemic situation has detonated the utilization of social media and expanded traffic in internet shopping platforms. It has compelled numerous A-listers (brands) to embody emerging technologies like (AR) and (VR) to engage with their valuable clients. They are also using this technology to remain competitive in the market.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: arial, helvetica, sans-serif;\"><span style=\"font-weight: 400;\">The Augmented Reality is not at all a new concept in the marketing and retail industry. However, this technology is now more innovative and mature (in terms of advancement). Currently, according to the transformation in the digital world and the behavior of the consumer, the adoption of this tool has accelerated. <\/span><a href=\"https:\/\/www.abiresearch.com\/market-research\/product\/1029623-augmented-reality-applications-in-retail-a\/?utm_source=media&amp;utm_medium=email\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><b>ABI Research<\/b><\/a><span style=\"font-weight: 400;\"> shared, by the year 2025, the market of the Augmented Reality is estimated to surpass US$12 billion in marketing, retail, and commerce.<\/span><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: arial, helvetica, sans-serif;\"><span style=\"font-weight: 400;\">Not many believed that this technological innovation could make such a huge difference. However, during the lockdown, the perception of the individuals changed. The conferences were held on the hybrid model using superlative features like live opinion polls, noise cancellation, etc. There have been numerous organization like <\/span><strong><span style=\"color: #0000ff;\">Spatial<\/span> <\/strong><span style=\"font-weight: 400;\">that re-invented video conferencing using VR technology. This company not only build a virtual office set up but also enhanced productivity.\u00a0<\/span><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: arial, helvetica, sans-serif;\"><span style=\"font-weight: 400;\">And then the major push came by Facebook. The Verge reported that <\/span><strong><a href=\"https:\/\/www.theverge.com\/2021\/3\/12\/22326875\/facebook-reality-labs-ar-vr-headcount-report\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">every fifth of employees at Facebook are working on Augmented Reality<\/a><\/strong><span style=\"font-weight: 400;\"> and Virtual Reality. It is also believed that the new AR glasses by Facebook will drive the market in a rage. Last year, Reliance Jio launched a low-cost Virtual Reality device (which is believed to transform the education and shopping market).<\/span><\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/mobilecoderz.com\/blog\/how-immersive-technology-like-ar-vr-will-mark-the-new-pace-in-the-market\/#What_is_its_significance_for_the_Marketers\" >What is its significance for the Marketers?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/mobilecoderz.com\/blog\/how-immersive-technology-like-ar-vr-will-mark-the-new-pace-in-the-market\/#About_MobileCoderz\" >About MobileCoderz<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"What_is_its_significance_for_the_Marketers\"><\/span><span style=\"font-family: arial, helvetica, sans-serif; color: #003366;\"><b>What is its significance for the Marketers?\u00a0<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-family: arial, helvetica, sans-serif;\"><span style=\"color: #0000ff;\"><strong><a style=\"color: #0000ff;\" href=\"https:\/\/www.linkedin.com\/in\/pranay-agrawal-mobilecoderz\/?originalSubdomain=in\" target=\"_blank\" rel=\"noopener noreferrer\">Pranay Agarwal<\/a><\/strong><\/span><span style=\"font-weight: 400;\"><span style=\"color: #0000ff;\"><strong>,<\/strong><\/span> <strong>Co-founder and Chief Operating Officer at MobileCoderz<\/strong> shares, as we see the patterns shared in ABI\u2019s new report, it is very much clear that there would be new formats in the retailing sector. One should also expect to see an expansion in virtual saleable products. He further adds, Augmented Reality\u00a0 and Virtual Reality has already proven that it can benefit both retailers as well as consumers, particularly <\/span><span style=\"font-weight: 400;\">in times of pandemic situation<\/span><span style=\"font-weight: 400;\">. Hence, it is the ideal opportunity for retail pioneers and marketers to reevaluate the retailing and sling this vivid journey of the customer into what&#8217;s to come.<\/span><\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"About_MobileCoderz\"><\/span><span style=\"font-family: arial, helvetica, sans-serif; color: #003366;\"><b>About MobileCoderz<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: arial, helvetica, sans-serif;\">MobileCoderz is a leading web and <strong><a href=\"https:\/\/mobilecoderz.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mobile App Development Company<\/a><\/strong>. We are the global leaders who have rendered web and mobile app development services for start-ups, SMEs and leading enterprises. Our strategic guidance and actionable intelligence plan for mobile development using comprehensive technologies such as AR and VR have helped many companies to earn great ROI. We have empowered them to stay ahead in the market and among their competitors. Learn how the team at <strong>MobileCoderz<\/strong> makes an impact using this AR &amp; VR technology.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ongoing pandemic situation has detonated the utilization of social media and expanded traffic in internet shopping platforms. It has compelled numerous A-listers (brands) to embody emerging technologies like (AR) and (VR) to engage with their valuable clients. They are also using this technology to remain competitive in the market.\u00a0 The Augmented Reality is not [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4637,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,21,1],"tags":[485,484],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Immersive Technology Like AR\/VR Will Mark The New Pace in The Market? &#8211; MobileCoderz<\/title>\n<meta name=\"description\" content=\"Latest news of how immersive technology like augmented reality and virtual reality will mark the new pace in the market - MobileCoderz\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mobilecoderz.com\/blog\/how-immersive-technology-like-ar-vr-will-mark-the-new-pace-in-the-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Immersive Technology Like AR\/VR Will Mark The New Pace in The Market? &#8211; MobileCoderz\" \/>\n<meta property=\"og:description\" content=\"Latest news of how immersive technology like augmented reality and virtual reality will mark the new pace in the market - MobileCoderz\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mobilecoderz.com\/blog\/how-immersive-technology-like-ar-vr-will-mark-the-new-pace-in-the-market\/\" \/>\n<meta property=\"og:site_name\" content=\"MobileCoderz\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/MobileCoderz\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-17T07:08:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-24T05:18:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mobilecoderz.com\/blog\/wp-content\/uploads\/2021\/03\/40-ThiPhanAndroid.png\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"404\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Abhishek Shukla\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mobilecoderz\" \/>\n<meta name=\"twitter:site\" content=\"@mobilecoderz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Abhishek Shukla\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mobilecoderz.com\/blog\/how-immersive-technology-like-ar-vr-will-mark-the-new-pace-in-the-market\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/mobilecoderz.com\/blog\/how-immersive-technology-like-ar-vr-will-mark-the-new-pace-in-the-market\/\"},\"author\":{\"name\":\"Abhishek Shukla\",\"@id\":\"https:\/\/mobilecoderz.com\/blog\/#\/schema\/person\/a9f6a2d671fc3df3019578029ae0c0f5\"},\"headline\":\"How Immersive Technology Like AR\/VR Will Mark The New Pace in The Market?\",\"datePublished\":\"2021-03-17T07:08:14+00:00\",\"dateModified\":\"2023-07-24T05:18:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mobilecoderz.com\/blog\/how-immersive-technology-like-ar-vr-will-mark-the-new-pace-in-the-market\/\"},\"wordCount\":467,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\/\/mobilecoderz.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/mobilecoderz.com\/blog\/how-immersive-technology-like-ar-vr-will-mark-the-new-pace-in-the-market\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mobilecoderz.com\/blog\/wp-content\/uploads\/2021\/03\/40-ThiPhanAndroid.png\",\"keywords\":[\"augmented reality\",\"news\"],\"articleSection\":[\"Featured\",\"Latest News\",\"Other\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/mobilecoderz.com\/blog\/how-immersive-technology-like-ar-vr-will-mark-the-new-pace-in-the-market\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mobilecoderz.com\/blog\/how-immersive-technology-like-ar-vr-will-mark-the-new-pace-in-the-market\/\",\"url\":\"https:\/\/mobilecoderz.com\/blog\/how-immersive-technology-like-ar-vr-will-mark-the-new-pace-in-the-market\/\",\"name\":\"How Immersive Technology Like AR\/VR Will Mark The New Pace in The Market? 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