NexTech AR Solutions CEO Evan Gappelberg talks about bringing augmented reality into everyday life
The main focus of NexTech is to bring augmented reality to the masses. It’s woven into the fabric of everyday life. Moreover, we’re doing that with our three verticals. It include AR e-commerce, AR University, and AR live streaming.
Further, each one of those verticals represents a multi-billion dollar opportunity to NexTech. They all converge under the trillion-dollar opportunity of AR over the next decade.
The adoption of AR can happen very quickly. Everybody has a mobile phone. Through which they can interact with AR. If you look at where AR is today, it’s roughly a 20 billion dollar industry. It’s growing at about an 86 percent compounded annual growth rate and expected to reach 120 billion dollars in 2021.
Moreover, we’re using AR in a way to enhance shopping, learning, and live streaming. Consequently, I see it more as a transformational technology. It enhances people’s lives and creates a richer experience.
NexTech AR Solutions Corp. is developing a proprietary and disruptive Augmented Reality. Finally, it is an advertising platform that uniquely engages consumers by connecting them to brands.
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