Seeing Business Differently: The Real Impact of Augmented Reality

Feb 2019

Imagine a city where visually impaired individuals can navigate streets guided by invisible digital waypoints. Or a factory floor where workers can see step-by-step instructions floating before their eyes.

White text on navy background discussing AR's potential in business. InspiringApps logo at bottom.

The AR Promise: Why Visionaries Are Paying Attention

The global AR market is projected to reach $97.76 billion by 2028, growing at a CAGR of 48.6% from 2021 to 2028 (Grand View Research, 2021). What’s driving this growth? It may have started with the race to digital transformation, but tech disruption and intelligent advancement keep fueling opportunity.

Pandemic-Driven Acceleration

It seems evident that COVID-19 fast-tracked AR adoption, opening new realms of possibility:

However, the race may have accelerated with the added go-to-market competition of Apple’s reimagined spatial computing. 

Realistic Sophistication

Toolkits like Google’s ARCore offer developers a range of out-of-the-box AR:

These advancements mean businesses can create more sophisticated AR experiences without reinventing the wheel, significantly reducing development time and costs. But the real magic happens when AR intersects with other cutting-edge technologies.

AR & AI: Combined Intelligence

This dynamic duo is opening doors to intelligent, responsive applications where AR has advanced capabilities:

AR & IoT: The Physical World, Digitally Enhanced

The Internet of Things (IoT) provides the data, while AR delivers the visualization:

How AR Can Impact Business

With the ability to integrate digital elements into our physical reality, AR reimagines how we do business. Beyond innovation, it can create opportunities for inclusivity and empathy in our engagement with the world.

Visualizing the Invisible

AR is giving us advanced abilities to perceive our environment. Smartphone-attached AR digital products can be used in areas such as building inspections and wildlife conservation. For example, Flir One Edge Pro enables users to visualize heat signatures that are otherwise invisible to the naked eye.

Time Travel for Business

AR also allows us to visualize the potential outcomes of our decisions—like future purchases. Toyota’s collaboration with Yahoo Advertising lets consumers virtually test drive the 2023 Toyota Crown. Imagine extending this concept to strategic planning, where executives can visualize and navigate through different business scenarios before making crucial decisions.

Empathy at Scale

AR literally has the power to put us in someone else’s shoes. Imagine designers experiencing their products from the perspective of users with different abilities or healthcare professionals seeing the world through their patients’ eyes. This empathy-enhancing capability of AR could improve inclusive design and personalized care.

Sustainable by Design

As sustainability becomes increasingly crucial, AR offers tools to better understand it. The technology could show designers the future environmental impact of their product choices, from carbon footprint to water usage, making sustainability an integral part of the design process rather than an afterthought.

Enhancing Accessibility

Advances in AR can make the world more navigable and engaging for people with various disabilities. For example, Microsoft’s Seeing AI app provides real-time sign language interpretation, magnifies text, and filters sensory inputs. 

Niche Innovation: Archery Reimagined

InspiringApps’ own work with QuivAR™ demonstrates how AR can transform even highly specialized fields. By overlaying digital information onto real-world archery targets, QuivAR™ is supercharging how enthusiasts and experts train. This application embodies the broader potential of AR: enhancing skills, deepening understanding, and opening up new possibilities in even the most traditional practices.

Reality Check: Navigating Challenges & Risks

The future of AR has incredible potential for positive change. But it’s not all rose-colored glasses. 

Hardware Limitations

AR headsets are still evolving. The quest for all-day wearable AR glasses is about reimagining how we interact with digital information daily in real time.

Data Ethics

Protecting data collected through AR experiences is crucial. Protecting user privacy in AR experiences goes beyond compliance. Data ethics provide an opportunity to build trust and showcase your brand’s commitment to ethical technology use.

Human-Centric Design

Minimizing distractions in AR isn’t just about safety—it’s about creating seamless experiences that enhance rather than interrupt human interactions.

Value-Driven Implementation

Balancing implementation expenses with clear ROI is a key step. Instead of focusing solely on costs, consider how AR can create new value streams and enhance customer experiences in previously unimaginable ways.

Customization as Innovation

AR isn’t one-size-fits-all. The need for tailored AR solutions is an invitation to deeply understand and serve your unique market needs.

Charting the Course: Leadership in the AR Era

As a business leader, embracing AR means more than adopting new technology. It means cultivating a vision for how AR can benefit everyone. Here’s how to lead the charge:

  1. Foster a Culture of Innovation: Encourage experimentation and learning with AR technologies.
  2. Prioritize User-Centric Design: Focus on creating AR experiences that truly enhance user value.
  3. Build Cross-Functional Teams: Blend technical expertise with creative vision to unlock AR’s full potential.
  4. Embrace Ethical Considerations: Lead the way in addressing privacy and safety concerns proactively.
  5. Think Ecosystems, Not Just Applications: Consider how AR can connect various aspects of your business and industry.

Above all, we find that empathy is the most important aspect of many design and development projects. Listening to others, the market, and our users and finding ways to be even more inclusive will ultimately lead to success, especially when facing and adapting to tech disruption.

The Future Is Augmented

How could AR transform your business operations? What unique customer experiences could you create with this technology? The future of AR is being written now—how will you contribute to its story?

 Getting Started With AR

Resources for Further AR Exploration

Get your blueprint for secure app development

Embark on your app development journey armed with our free, detailed security checklist. This invaluable resource ensures that alongside beauty and functionality, your app embodies robust security across crucial areas. Apply industry-standard encryption, secure payment gateways, manage and monitor logs, and ensure regulatory compliance.

Download the free app security checklist

Recent posts