The Impact of Augmented Reality on Real Estate

The Impact of Augmented Reality on Real Estate


October 2019

Today, we use our smartphones to effortlessly summons Uber, pay bills and order dinner. But do you think to use your smartphone to visualize a sign on a building or tour a vacant space? The application of technology and augmented reality (AR) is exploding. Experts have predicted there will be 3.5 billion AR-enabled devices by 2022, and the industry will be worth as much as $85 billion. AR and VR arguably have the potential to truly change how business is done. Both technologies have generated great momentum in the retail sector, but what does it look like for the office or industrial markets, and will it really be adopted?

Keywords: Virtual Reality/Augmented Reality, OrangeCounty2019

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