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Mind Commerce report targets global augmented reality market

| October 18, 2012

 

Global augmented reality market forecasts from Mind Commerce

Mind Commerce, a leading market research and consultancy firm, has released a new report concerning the global augmented reality market. The report, titled “Augmented Reality: Global Market Analysis and Forecast 2012-2017,” highlights the various trends that exist in the global market and provides some insight on why augmented reality may be growing so popular. Mind Commerce suggests that one of the reasons augmented reality is becoming so popular is because of the large number of smart phones and high-tech mobile devices currently available.

Report ties growth of global augmented reality market to rise of smart phones

According to the report, Mind Commerce suggests that augmented reality is currently a niche market opportunity. The technology is capable of presenting consumers with a wide array of digital content and entertainment. Because the entertaining aspects of augmented reality are so prolific, the technology has seen limited practical use, thus is less appealing than other interactive technologies that can provide practical services. This is likely to change, however, as companies like Google, Samsung, and Qualcomm begin finding new ways to make use of augmented reality.

Growth may be powered by government interests and cloud computing technology

The report predicts that the global augmented reality market will see exceptional growth over the next several years. Developers of augmented reality applications are expected to benefit greatly from the growth the market experiences, especially as the world’s governments begin showing more interest in the technology. Cloud computing is also expected to contribute to the growth of the augmented reality market, enabling more robust services to become available to consumers.

Mind Commerce offers glimpse at trends directing global augmented reality market

Mobile technology is evolving at a rapid pace. Demand amongst consumers for new, highly powerful mobile devices is rising. As technology becomes more advanced, the possible uses of augmented reality continue to expand. The report from Mind Commerce aims to forecast the advances made in the augmented reality field over the next few years, providing those interested in the report with some insight on the trends that are affecting the market.

Samsung announces new version of Galaxy S III

| October 17, 2012

 

New Galaxy S III confirmed by Samsung

Earlier this year, prestigious Japanese technology company Samsung released the Galaxy S III. The smart phone was heralded as the most significant challenger to the reign of Apple’s iPhone brand and, thus far, the device has lived up to this hype. One of the most attractive things about the smart phone has been its NFC capabilities. The phone is equipped with NFC technology, allowing for wireless data transmission and enabling consumers to participate in mobile commerce. Though Samsung has seen significant success with the smart phone, the company has plans to boost this success.

Mini version of the device to be released next year

Samsung intends to exploit the rampant popularity of the Galaxy S III by releasing a new version of the smart phone into the market. The company has announced the release of a “mini” version of the Galaxy S III, which will hit the commercial market near the beginning of next year. Though the new version of the smart phone is designated as a “mini,” it will not be much smaller than the current iteration of the Galaxy S III.

Mini version very similar to full-sized counterpart

The Galaxy S III mini will feature a 4-inch touchscreen, which is only .8 of an inch smaller than the larger version. The device will be equipped with the latest Android operating system, and will also include NFC technology. Pricing details for the new Galaxy S III has not yet been released by Samsung. Industry analysts suggest that the move from Samsung represents the company’s belief that it has a product capable of competing against the multiple incarnations of the iPhone.

Legal battle between Samsung and Apple continues

Samsung is currently embroiled in a legal dispute with Apple over patent infringement. Samsung is accusing Apple of copying patented technology for the creation of the iPhone. Samsung filed a motion last week to have the recently released iPhone 5 added to the legal dispute. Despite the legal battle, both companies have been able to find significant success with their mobile devices.

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