Social Media and Augmented Reality Creating a $13 Billion Industry
prnewswire | February 04, 2020
Augmented reality is changing the way we see the world. Businesses can use it to promote their brands of social media giants like Facebook and Snap. For example, Taco Bell just created a Snapchat filter that can turn your face into a taco. Brick and mortar retailers can use it to try out or "try on" products while browsing on social media platforms. For example, according to Forbes, a shopper may be able to virtually try on glasses and clothes without having to leave home. By 2022, AR-based advertising could create a $13 billion industry. AR may even help increase impulse buys by making products harder to resist. Such catalysts for growth are creating sizable, exciting opportunity for top companies including NexTech AR Solutions (OTCQB:NEXCF)(CSE: NTAR), Alphabet Inc. (NASDAQ:GOOG), Facebook Inc. (NASDAQ:FB), Snap Inc. (NYSE:SNAP), and Amazon.com Inc. (NASDAQ:AMZN).