Nextech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF) President Gives Positive Outlook for AR Industry in Recent Podcast Interview

April 30, 2021

April 30, 2021 12:35:39
  • Speaking in an interview with Oren Klaff, Nextech President Paul Duffy noted that AR technology, as a concept, was growing as more people understand its use
  • He foresees significant milestones and breakthroughs, as well as an extensive global adoption of AR technology
  • His prediction is in line with a recent industry report that shows that the AR market will grow at a CAGR of 43.8% from 2021 to 2028
According to a report by Grand View Research, the global augmented reality (“AR”) market is estimated to grow at a 43.8% CAGR from 2021 to 2028, reaching $340.2 billion up from a market size value of $26.75 billion. The report attributes this growth to new innovations in the AR space that have led to the adoption of this technology in multiple industries. Presently, more people are using AR-based tools and platforms to shop, interact with their peers on social media and learn, in turn, fueling growth (https://ibn.fm/u7wMy). The report tells of a world that a 2017 Harvard Business Review (“HBR”) article predicted (https://ibn.fm/24iNX). The authors forecasted that AR, which was in its infancy at that time, would enter the… Read More>> NOTE TO INVESTORS: The latest news and updates relating to NEXCF are available in the company’s newsroom at https://ibn.fm/NEXCF

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