Menu
Home
Log in / Register
 
Home arrow Sociology arrow Augmented Reality : Where We Will All Live
Source

Suppliers

The augmented reality market hit a peak of suppliers in 2016, climbing from 15 in 2010 to 80. The market started to stabilize and consolidate as standards were developed and smaller and opportunist companies with little to no real commitment to the industry dropped out or were acquired.

The article in Esquire Magazine in December 2009 got people’s attention and new companies started forming thereafter. Since Google announced Project Glass in early 2012, the number of suppliers more than doubled. (Fig. 9.1).

This is typical in the development of a new market or technology. In 1893 there were 102 automobile manufacturers and today (depending on what you include[1]) there are 30. In 1970, almost 100 companies had formed to manufacture minicomputers; today there are none. From 1977 to 1991 there were over 75 manufacturers of PCs, and in 1992 there were 72 suppliers of 3D graphics chips, today six. Do you notice a pattern here?

One such example is Metaio. It was a privately held company foundedin Munich in 2003 as an offshoot of a project at Volkswagen. Metaio developed software technology and provided augmented reality solutions. At augmented reality conferences its software could be seen in use everywhere: it was the de facto developer for augmented reality environments by 2015. In May 2015, Apple acquired the company and active cloud subscriptions expired in December 15 and support ended June 30 2016.

In this book alone there are 15 mentions of companies being acquired by others since 2006, and I didn’t make any attempt to find them all and know for certain I didn’t. The point being the augmented reality industry, even though it can trace its roots back to the early 1960s, is still a very young, dynamic, and evolving field, with enormous opportunities for technological development, and money to be made.

  • [1] Passenger cars are motor vehicles with at least four wheels, used for the transport of passengers,and comprising no more than eight seats in addition to the driver’s seat.
 
Source
Found a mistake? Please highlight the word and press Shift + Enter  
< Prev   CONTENTS   Next >
 
Subjects
Accounting
Business & Finance
Communication
Computer Science
Economics
Education
Engineering
Environment
Geography
Health
History
Language & Literature
Law
Management
Marketing
Mathematics
Political science
Philosophy
Psychology
Religion
Sociology
Travel