Data Point of the Week: 60 Percent Jump in Enterprise AR

Q2 2017 saw a 60 percent quarter-over-quarter rise in number of Enterprise AR startups. This according to the Venture Reality Fund’s most recent report.

The report named 150 total AR companies in today’s marketplace, with enterprise not surprisingly comprising the largest piece. This matches our expectations and past examination of enterprise AR’s growth, as tied to factors like ROI, and lack of cultural impediments (i.e. fashion).

Other factors that led to this growth include the availability of tools and a growing hardware installed base. That includes Microsoft HoloLens and Google Tango. The latter is slowly expanding its footprint through a growing list of compatible devices, like Lenovo’s Phab 2 Pro.

ARKit’s introduction could fuel further growth in enterprise AR, though many of its applications will admittedly be consumer-oriented (as we previously wrote). We’ll be watching closely as it does…

Disclosure: ARtillry has no financial stake in the companies mentioned in this post, nor received payment for its production. Disclosure and ethics policy can be seen here.