Apple Will Use Augmented Reality In Autonomous Driving Project-KGI

Posted: Nov 2 2016, 1:15pm CDT | by , in Rumors | Apple

 

Apple Will Use Augmented Reality For Autonomous Driving Project-KGI
Concept
 

A speculative note has been released by KGI. It states that Apple’s interest in augmented reality (AR) instead of virtual Reality (VR) will give the company a lead of about 3 to 5 years in comparison to the rest of the industry.

This will be very much evident when it releases its first product. The report also indicates that Apple may use this augmented reality system as a part of an autonomous driving system. KGI’s Ming-Chi Kuo does not expect Apple to launch its AR product in any coming time.

He thinks that Apple will reserve its AR abilities to the iPhone and nothing will hit the market in less than 1 or 2 years. Tim cook has on several occasions suggested that Apple is concentrating more on AR than VR.

Apple has hired many people and has also been filing patents in this area over the past years. However, the specifics of the note, mostly those which link to the autonomous driving lie much in the speculation spectrum.

KGI is very reliable in product plans based on supply chain sources. Such sources are not expected to have information 1-2 years before launch. The analyst’s estimate of the total value market is more reliable.

They have predicted that the combined AR and VR markets will grow from US$40-50bn in 2018 to US$150bn in 2020. KGI believes AR will be a more valuable technology. Consequently an Apple lead will generate more revenue.

Things are rather quiet with the Apple car. Recent reports suggest that Apple is not following up on its plans of an electric car. It is instead focusing on autonomous driving platform. This will be available for car manufacturers.

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<a href="/latest_stories/all/all/32" rel="author">Ahmed Humayun</a>
Ahmed Humayun is a technology journalist bringing you the hottest tech stories of the day.

 

 

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