Three Industries Augmented Reality Could Disrupt in the Next Decade

Augmented reality (AR) has been gaining popularity in recent years, with companies such as Apple, Meta, Google, and Microsoft investing heavily in the technology. AR technology allows users to see digital objects and information overlaid onto the real world. This technology has the potential to revolutionize multiple sectors in the future, from healthcare to education to entertainment.

In this article, we will explore how AR is going to change these sectors and the potential impact it will have on society. We will focus on three sectors and try to see how AR could change them in the near future.

Education

One of the key benefits of AR in education is its ability to make abstract concepts more tangible and interactive. For example, students studying biology can use AR technology to view and manipulate 3D models of cells and organisms, allowing them to better understand complex biological processes. In history classes, AR can bring historical events and figures to life, allowing students to see and interact with them in a way that traditional textbooks cannot provide.

Another advantage of AR in education is its ability to personalize the learning experience. With AR, students can access tailored educational content that is specifically designed for their individual needs and learning styles. This can help to increase engagement and motivation, leading to improved learning outcomes.

In addition to its benefits for students, AR technology has the potential to significantly improve the efficiency and effectiveness of educators. With AR, teachers can create and share engaging, interactive lesson plans and assessments, reducing the time and effort required to create and grade traditional assignments.

As AR technology continues to advance and become more widely adopted, we can expect to see it becoming an integral part of the educational landscape.

Finance

AR has huge potential to change the finance sector by providing a more engaging and intuitive way to manage personal finances. Imagine being able to view your bank account and investments in real-time, overlaid on your physical surroundings. This would allow you to make informed financial decisions on the go, without having to log into a separate app or website.

Another area where AR could have a major impact is financial education. With AR, it would be possible to create interactive, 3D simulations that help people understand complex financial concepts in a more visual and engaging way. This could be especially useful for younger generations who are used to consuming information in a more interactive and visual manner.

But the potential of AR in finance goes beyond personal finance and education. It could also be used to enhance the way financial institutions operate. For example, AR could be used to create virtual trading floors, allowing traders to interact with real-time data and make decisions faster and more accurately.

In the future, we may also see AR being used to revolutionize the way we make payments. Imagine being able to simply point your phone at a physical object and make payment instantly, without having to enter any payment information. This would make the payment process faster, more secure, and more convenient for both consumers and merchants.

Real estate

Real estate could benefit from the ability to visualize properties in a more realistic way. Buyers can experience properties as if they were physically present, allowing them to better understand the layout, features, and dimensions of a property. This can be particularly useful for properties that are still under construction or have been renovated, as buyers can see the final product before it is completed.

AR can also provide buyers with more information about a property. For example, AR can be used to display information about the location, surrounding amenities, and even virtual tours of the property. This can help buyers make more informed decisions about their purchase and allow them to better understand the property's potential value.

Another potential use of AR in real estate is to enable buyers to customize properties to their liking. For instance, buyers can use AR to see how different furniture and decor would look in a property, allowing them to experiment with different design options before making a final decision. This can save buyers time and money by reducing the need for multiple visits to a property and eliminating the need for expensive and time-consuming renovations.

In addition to providing a better experience for buyers, AR can also benefit real estate agents. AR can be used to showcase properties in a more engaging way, attracting potential buyers and increasing the chances of making a sale. It can also help agents close deals more quickly by providing buyers with all the information they need to make a decision.

Overall, augmented reality has the potential to greatly improve the real estate sector by providing buyers with a more immersive and interactive experience of properties. As AR technology continues to advance, we can expect to see more and more real estate companies adopting this technology in the future.

Final Thoughts

Augmented reality is a technology that has the potential to revolutionize multiple sectors in the future. Its ability to seamlessly blend digital content with the physical world allows for a more immersive and interactive experience, making it ideal for applications in industries such as retail, healthcare, education, and entertainment. As technology continues to advance and become more accessible, we can expect to see a surge in the adoption of augmented reality in these sectors, leading to significant changes in how we interact with the world around us.

Also published here.