Category: Featured News

The popular mobile app is reportedly working on its first ever hardware product which will provide AR.

Snapchat is reportedly in the midst of developing its first hardware offering in the form of an augmented reality headset. Reports have stated that it will arrive in the form of AR glasses that will be comparable to the HoloLens from Microsoft or even Google Glass.

As of yet, Snapchat has yet to officially confirm that it is indeed pursuing this type of device.

At the same time, more fuel was added to the fire behind the claim that Snapchat was coming up with an augmented reality headset following a recent move. The disappearing photo app joined the Bluetooth Special Interest Group. That is a wireless technology industry body. It suggests that, at the very least, Snapchat is working on a device of some kind.

Moreover, this would not be Snapchat’s first foray into the world of augmented reality technology. It has already added a spectrum of new filters – called Lenses – within its mobile app.

The augmented reality headset would take the experience beyond accessorizing selfies.

While the Lenses make it possible to add drawings, masks and other kinds of alterations and accessories to photos, the device would take digital enhancements beyond pictures. The company would be able to take a similar concept to Lenses and apply it to wearable technology. It would be possible without needing to look at a smartphone screen.

The company has also reportedly been hiring from augmented reality departments of large tech firms. These include Google, Logitech and even Nokia. While there has been some interest in AR expressed by Apple, Google, Facebook and Microsoft, none of these giants have yet to launch a successful product based on that tech.

Google had a limited launch of its Google Glass wearable technology, having unveiled it in 2012. However, it halted its sales only three years later in part because of the criticism it drew regarding its hefty price and certain usage habits. For instance, drivers were being pulled over for being behind the wheel while wearing it. People were being questioned by police when wearing them into movie theatres. Moreover, the general public disliked the fact that they could be filmed by a wearer without knowing it.

In 2014, Snapchat acquired an augmented reality headset product making company called Vergence Labs. Ahead of the acquisition, the company launched a fashionable glasses range called Epiphany Eyewear which can record up to 32GB of footage and store it.

Emerging markets are continuing to exhibit positive growth, but as a whole it is declining in developed regions.

According to the Worldwide Quarterly Mobile Phone Tracker from the International Data Corporation (IDC), smartphone sales are declining as expected. Many forecasts pointed to an overall slowdown of mobile phone sales in 2016. This is linked to a reduction in sales in developed regions.

Despite the positive growth that continues in emerging markets, it isn’t enough to keep the entire marketplace’s pace.

The report showed that much of the smartphone sales currently occurring in developed regions is in replacements. The rate of new users has decreased substantially as penetration within these populations is now very high. The report predicted a 1.6 year over year growth of smartphone shipments in 2016. This, upon the shipment of 1.46 billion units by the end of the year. That may appear to be a healthy number, but it is a fraction of what it was last year. In 2015, the year over year growth rate for smartphone shipments was 10.4 percent.

As a whole, developed markets are expected to see a negative growth rate in smartphone sales.

The report took the United States, Canada, Western Europe and Japan into its definition of developed markets. Within that region, the IDC predicts a -0.2 percent compound annual growth rate (CAGR). Emerging markets were made up of Central and Eastern Europe, the Asia Pacific Region (except for Japan), Africa, the Middle East and Latin America. They are expected to see a 5.4 percent CAGR throughout the forecast period of 2015 to 2020.

Senior IDC research analyst at the Worldwide Quarterly Mobile Device Trackers, Jitesh Ubrani, said “Growth in the smartphone market is quickly becoming reliant on replacing existing handsets rather than seeking new users.” Ubrani also stated that from the point of view of the tech side, innovation is “in a lull.” Consumers have greatly reduced their inclination to purchase the latest device with all the newest bells and whistles. Instead, they are satisfied with mobile devices that are “good enough.”

Telcos have been working hard to breathe life back into their smartphone sales. Programs such as trade-ins and buy-backs are geared toward shortening lifecycles and increasing the inclination to purchase early replacements.