A prosperous new market marries iPhone superpowers with the reality of day-to-day.
- The European tech company Layar has engineered a mobile browser that layers content over reality using your phone’s camera, compass and GPS data.
- Layar’s augmented reality technology (A.R.) is now being used in the lucrative real estate industry.
- Point your iPhone at a home or apartment and watch interior photos and value estimates appear onscreen.
Facts & Figures
- 1,000 developers have designed 2,000 programs for the iPhone and Google Android using Layer’s technology.
- By 2014, the A.R. market is expected to have annual revenue of $732 million.
- Both Google and Microsoft are working on their own versions of A.R.
Best Quote
“There’s a lot of capital, a lot of money in real estate so we expect realtor brands to use it as a service to their customers and customers to use it just out of curiosity.” – Maarten Lend-FizGerald, Layar Co-Founder