In the fast-paced world of marketing, staying ahead of the curve is essential for businesses looking to capture the attention of consumers. Outside of what could now be considered as more ‘traditional’ digital marketing methods like SEO & PPC, there’s a new channel in town; one of the most innovative and exciting trends.
Augmented reality (AR) marketing. Augmented reality seamlessly blends the digital and physical worlds, creating unique and immersive experiences for consumers. In this post, we’ll delve into the fascinating world of augmented reality marketing and explore some compelling statistics that highlight its growing impact.
If you are interested in taking your marketing to the next level then contact us today.
Key Augmented Reality Statistics
Augmented reality marketing has been steadily gaining traction, and the numbers speak for themselves. Let’s take a closer look at some key statistics that illustrate its growth and potential.
AR Market Growth
The global augmented reality market is projected to reach $72.7 billion by 2024, according to MarketsandMarkets. This substantial growth is a testament to the increasing adoption of AR in various industries, including marketing.
AR has proven to be a powerful tool for engaging consumers. A study found that 53% of AR users reported that they were more likely to purchase from brands that use AR experiences.
Mobile devices have played a significant role in the proliferation of AR marketing. Over 1 billion smartphones are now AR-enabled, creating a massive potential audience for AR campaigns.
Social Media Integration
Social media platforms have embraced AR as well. Snapchat’s AR lenses, for example, are used by 190 million people daily, and Instagram’s AR filters have become a staple for many influencers and brands.
Retail and E-commerce
Augmented reality is transforming the retail sector. A survey by Retail Perceptions found that 61% of consumers prefer to shop at stores that offer AR experiences, and 40% of them would be willing to pay more for a product if they could experience it through AR.
Traditional advertising methods are evolving. Interactive AR ads can increase engagement by up to 20 times, according to AR Insider.
Education and Training
Beyond consumer marketing, AR is also making waves in education and training. By 2023, it’s estimated that over 1 billion people will use AR for educational purposes.
AR Marketing and the Future
Augmented reality marketing is not just a passing trend; it’s a transformative force that is reshaping the marketing landscape. The statistics surrounding AR marketing speak volumes about its potential to captivate audiences, boost brand engagement, and drive sales.
The future of marketing lies in creating immersive and interactive experiences that resonate with consumers. Augmented reality has proven its ability to achieve this, and the statistics show that it’s only going to become more influential in the years to come. Whether you’re a small business or a global corporation, exploring the possibilities of AR marketing should be on your radar, as it has the power to redefine how you connect with your audience in ways that were previously unimaginable.
If you are interested in expanding your marketing horizons then get in touch with Embryo today.