Type of Article: MacTech Blog

Streaming media device market to grow at a CAGR of 17.45%

A new report from Research and Markets (www.researchandmarkets.com) forecasts the global streaming media device market — which includes the Apple TV — to grow at a CAGR [compound annual growth rate] of 17.45% during the period 2016-2020. The market is currently in its nascent stage but is witnessing unprecedented growth, according to the research group.

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Augmented reality app downloads to top 2.3 billion by 2021

A new study from Juniper Research (www.juniperresearch.com) has found that the popularity of Pokémon GO is inspiring app developers to incorporate AR [augmented reality] technologies into their applications.

The research group forecasts that the AR market will rise to 2.3 billion apps by 2021, representing a 380% increase from an estimated 482 million in 2016. The launch of the AR game sparked a worldwide phenomenon that has created a greater interest in the technology, leaving developers ‘champing at the bit’ to recreate its global success.

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