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“Imagine if the line between the virtual and the real simply didn’t exist.
Your classroom could become the cosmos. The past could be as vivid as the present. And the familiar could look like nothing you’ve ever seen.” Source: https://www.apple.com/in/ios/augmented-reality/ The expectation from the tech world has increased rapidly in the past few years. The millennial users want to experience the world by living within four walls. They want an experience that could get them to the edge of the seat while playing a game or take them into virtual worlds.
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Technology in Real Estate
Real estate is one of the fastest growing industries in the world, and technology is helping its growth rate. In 2017, more than $5bn was invested in real estate technology (Forbes). This significant increase in investment was majorly driven by the use of technology in the industry, allowing apps like Airbnb to compete with some of the largest and most established real-estate companies and hotels. Now, the use of Augmented Reality (AR) and Virtual Reality (VR) is also helping improve an average homeowners experience.  Recently, there has been an economic downturn in the mining industry, companies are looking to be as efficient as possible. This means there is a need for innovation to increase efficiency and lower operating costs. Companies are looking into various technologies that could help them improve their processes.
Public transportation in Vancouver is an area that is going to see large growth over the next decade. Over the past twenty years, there has been an increase of around 800,000 people who use TransLink’s services and metro Vancouver is the fastest growing in terms of ridership numbers in Canada and the United States (source). Furthermore, the number of licensed drivers as a percentage of age group has been decreasing, showing that private car ownership has decreased (source). While there has been a large growth in demand for public transport in metro Vancouver, transportation is the second largest pain point in Vancouver, with over 85% of people agreeing that they would not accept a job due to an inconvenient commute (source). Moreover, 50% of commuters in Vancouver agree that public transportation services have worsened over the past half-decade, with 90% of people wanting an improvement in bus services (source).
Humans are not very far from making you realise that you might be living in the magical world of Harry Potter. Technology is reaching new heights especially since the last decade. Augmented Reality is one such spectrum of technology that is transforming the user’s experience like never before. This transformation started a few years back with Virtual Reality
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