Industry report addresses current state of AR technologies and devices

Parks Associates research finds more than 60% of US broadband households are interested in receiving some sort of information enhanced by augmented reality (AR) on a handheld device or headset, with the most popular being navigation information. The report Augmented Reality: Innovations and Lifecycle notes that this interest persists despite low familiarity with AR—only 12% of heads of US broadband households are familiar with AR, increasing to 24% of millennials and 33% of Generation Z heads of household.

“Interest in AR capabilities is high, and many people have unknowingly interacted with AR features through apps such as Instagram, Snapchat, Facebook Messenger, and iMessage, while Pokémon Go was the first AR mobile game to receive widespread attention and adoption,” said Kristen Hanich, Senior Analyst, Parks Associates. “While familiarity with AR remains low, consumers are interested in the capabilities that come with AR—42% of US broadband households are interested in AR-enhanced navigation applications and 36% are interested in AI-enhanced price comparison."

Most current residential use cases center on apps for smartphones and handheld devices, while AR head-mounted devices (HMDs) are more focused on enterprise adoption. Augmented Reality: Innovations and Lifecycle estimates the total installed base in the enterprise market was under 300,000 units at end of 2018, to reach 6.5 million units in 2025.

"Most enterprise applications of augmented reality are in the pilot stage, and we anticipate AR HMDs will continue to see headwinds in the enterprise space until 2025 when improvements in technology, applications, and execution trigger widespread adoption,” Hanich said.

Additional research includes:

Parks Associates consumer surveys find an increase in consumer awareness of AR of three percentage points since 2016.

Approximately 48 million US broadband households currently have access to Apple’s ARKit platform via a compatible iPhone.

Out of all tested AR platforms, consumers report the highest level of familiarity with Google Glass, even though Google ended retail availability of these devices in early 2015.

For information on Augmented Reality: Innovations and Lifecycle, contact sales@parksassociates.com. To schedule an interview with an analyst or to request specific research data, please contact Sherrelle Lewis at sherrelle.lewis@parksassociates.com, 972-996-0214.

About Parks Associates

Parks Associates, a woman-founded and certified business, is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates provides business intelligence and research services through its proprietary methodologies developed over decades, including quarterly surveys of 10,000 internet households.

The company's expertise crosses many industries: home security and smart home, streaming video, broadband and pay-TV services, digital media and platforms, gaming, Wi-Fi and home networks, connected health, support, consumer electronics, home control systems, energy management, and tech solutions for the multi-dwelling (MDU), small-to-medium business (SMB), and commercial building markets.

Each year, Parks Associates brings thousands of leaders together for its webinars and annual events. The firm hosts the annual executive research and strategy conferences CONNECTIONS™, Connected Health Summit, Smart Energy Summit, Smart Spaces, and Future of Video. https://www.parksassociates.com

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