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Mobile Augmented Reality Market to Reach US$ 24 Bn by 2030 as Pandemic Pushes Users to More Virtual Experiences

Published

5 years ago

July 8, 2020

Reading Time: 3 minutes

The credit of unstoppable pace of mobile augmented reality (AR) market significantly goes to the creative industry. Inclusive of video games, live events, retail, and video entertainment, this side of business has definitely challenged mobile augmented technology, pushing it to deliver better solutions. Designed to create immersive experiences, mobile augmented reality has won a special place for game makers. Launch of sophisticated, intricately designed multiplayer games have truly utilized the real potential of solutions presented by this market.

The explosive growth of mobile augmented reality is completely attributable to unprecedented use of smartphones and tablets. From remote places to urban landscapes, mobile AR has made an enormous contribution in changing the way experience museums, office spaces, and games. Since innovations such as Google Glass, the world of mobile AR has evolved to be a part of many other sectors, changing the game for military trainings, healthcare consultations, and learning experiences.

In this light of these factors, study predicts that the global mobile augmented reality market estimated to reach US$ 3 Bn in 2020, surge at a whopping CAGR of 23.2% during the forecast period of 2020 to 2030.

European Gaming Congress 2024 (Warsaw, Poland)

Key Takeaways of Mobile Augmented Reality Market Study

East Asia to lead the race in the global mobile augmented reality market at a CAGR of 27.2% between the forecast years of 2020 and 2030
Gaming segment anticipated to retain its leading position with a share of 28% by the end of 2030
Smartphones and tablets to revolutionize educational experiences with integration of mobile AR
Services segment to leap ahead at a CAGR of 24.6% during the forecast period as AR design and development, integration and development, and support services find applications across verticals

“The mobile augmented reality market in East Asia is expected to grow at a high CAGR as sales of smartphones with AR apps remains exponential. This eliminates the need for additional hardware to support this technology, which is expected to drive the expansion of mobile AR technology in the region. Mobile augmented reality has also become the new medium for game developers to focus on creative immersive experiences to create a high value proposition for the end use, “says an analyst.

COVID-19 Proves Positive for Mobile Augmented Reality Market

The COVID-19 pandemic has deepened the chasm of economic crisis, making the global population rethink education and entertainment in many ways. With no live events to attend, cancelled sporting events, and uncertainty looming over reopening of colleges and schools, mobile augmented reality found its opening to a plethora of opportunities.

The importance of AR has also surged in healthcare consultations as medical professionals and patients are seeking safety first. Furthermore, a quantum leap in online gaming, schooling, and entertainment as artists are taking gigs online, have collectively resulted in a special demand for mobile AR. Biggest chunk is definitely consumed by the online gaming industry, which has been the strongest pillar of the entertainment during the stringent lockdowns.

According to a study, the mobile augmented reality market will grow 6%-8% by Q3 2020 in the given circumstances.

E-commerce to Enhance Demand for Mobile Augmented Reality

The growing e-commerce industry has been identified as key contributor to the increasing adoption of mobile augmented reality. Integration of mobile augmented reality by retailers to make it more accessible for customers to purchase the right item. Augmented reality helps users to view their products in 3-D, life-like projections in real-time through smartphones and tablets.

Mobile augmented reality offers retailers the opportunity to improve the consumer shopping with real-life experiences. With an augmented reality app, an e-commerce retailer can create a virtual table with a different range of products, projecting it on the customer’s living room. The growing number of purchases via mobile devices and shoppers using smartphones in-store is increasing the demand for mobile augmented reality.

Such enhancement of consumer engagement is projected to bode well of the market in the forecast period.

These insights are based on a report on Mobile Augmented Reality Market by Future Market Insights

Dr. Ralph Thomas

Quick Custom Intelligence Secures Eight-Figure Investment from Curve Partners to Accelerate Growth

Published

2 hours ago

July 31, 2025

GamingAmericas.com

quick-custom-intelligence-secures-eight-figure-investment-from-curve-partners-to-accelerate-growth

Quick Custom Intelligence (QCI), a leading provider of Generative AI-driven analytics and operational software for casinos and resorts, today announced that it has secured a significant minority growth investment from Curve Partners. This strategic funding backs QCI’s current management team – led by co-founders Dr. Ralph Thomas and Andrew Cardno – to continue their remarkable growth trajectory and will fuel further acceleration of product expansion and global reach markets.financialcontent.com. The investment underscores confidence in QCI’s vision and provides significant capital to extend the company’s market leadership in the gaming resort technology sector.

QCI’s co-founders weighed multiple investment offers over the past year before selecting Curve Partners as their growth partner. “For us, finding the right investment partner was critical,” said Dr. Ralph Thomas, Co-Founder and CEO of QCI. “We engaged with several potential investors, but Curve Partners stood out with their understanding of our industry and their commitment to helping companies like ours scale responsibly. This investment is not just capital – it’s a partnership that validates our vision and gives us additional firepower to accelerate product development and customer success.” QCI’s leadership was impressed by Curve’s focus on high-growth, founder-led companies and their enthusiasm for the resort systems space – the sophisticated software and analytics powering modern casino resorts. Curve’s team recognized QCI as the clear market leader in this domain, given QCI’s extensive deployment and innovation track record markets.financialcontent.com. The growth capital infusion not only validates QCI’s success to date but also positions the company for even faster expansion in the coming years.

Landon Jaussi, Founder and Managing Partner at Curve Partners www.curvepartners.co, expressed his excitement about the new partnership. “QCI is everything we look for at Curve,” said Jaussi. “It is a bootstrapped, founder-led, and product-first company that is deeply respected by customers. As investors, we have been looking closely at the resort systems and gaming technology sector, and QCI stands out as a clear leader. Ralph and Andrew have built a powerful vertical SaaS platform with real technical depth and multi-product scale, all while remaining high growth and profitable. Their reputations in the industry are unmatched, and Curve is proud to support them as the first institutional investor and board member.”

QCI’s recent growth and product diversification have been nothing short of remarkable. Key milestones over the past year include:

Global Expansion: QCI’s platform is now deployed in over 300 casino resorts worldwide, collectively managing more than $40 billion in annual gross gaming revenue markets.financialcontent.com. The company’s operational footprint spans 17 countries and 30 U.S. states, a reach that “cements the company’s position as a global leader in casino and resort intelligence” markets.financialcontent.com.
Product Suite Growth: In July 2025, QCI acquired VizExplorer, a renowned casino analytics and dispatch management software provider. This acquisition expanded QCI’s product suite and capabilities markets.financialcontent.com, establishing QCI as a “powerhouse in the casino and resort data activation world” with deeper solutions for the fast-diversifying gaming industry markets.financialcontent.com.

“Having Curve Partners on board is a huge validation of what our team has built,” added Andrew Cardno, Co-Founder and CTO of QCI. “Curve’s support will help us double down on our product roadmap and global expansion plans. We believe this partnership will translate into even greater value for our customers as we continue to lead the market with cutting-edge solutions for the casino and resort industry.” According to Cardno, the funding will enable QCI to accelerate R&D in new features and AI capabilities while maintaining the company’s focus on customer success and innovation. Both co-founders emphasized that Curve’s investment aligns with QCI’s long-term strategy of sustainable, tech-driven growth in the hospitality gaming sector.

The post Quick Custom Intelligence Secures Eight-Figure Investment from Curve Partners to Accelerate Growth appeared first on Gaming and Gambling Industry in the Americas.

Latest News

DATA.BET Launches Hot Bundles

Published

3 hours ago

July 31, 2025

George Miller

Reading Time: < 1 minute

DATA.BET, a trusted sportsbook solution supplier, has launched Hot Bundles – pre-built betting combinations powered by advanced statistical models. Displayed through an intuitive widget, these data-driven selections span multiple events and are designed to boost both express betting activity and operator income.

These combinations provide either separated selections (including Player Props markets) or consolidated ones within single matches through the Bet Builder. Each event set displays a combined odds with a simple one-click interface, streamlining the path from discovery to wager placement.

Hot Bundles addresses a critical opportunity in the betting ecosystem by simplifying the experience, particularly for newcomers. For operators and platform providers, Hot Bundles drive increased revenue through boosted stake volumes and improved engagement. In turn, bettors gain access to data-driven selections that maximize winning potential through optimal combinations. The pre-built nature eliminates the guesswork and complexity typically associated with creating express bets.

“Hot Bundles transforms how users approach express betting by showcasing the most compelling combinations our data identifies,” said Rostyslav Likhtin, Head of Product at DATA.BET. “By powering statistical analysis with intelligent curation, we’re helping partners capitalize on the higher margins while giving players the guidance they seek for more profitable wagers. We have an ambitious roadmap for the technical expansion of Hot Bundles to meet the demands of both our clients and their users.”

Hot Bundles strengthen DATA.BET’s portfolio of experience-enhancing tools that translate user engagement into partner revenue. The feature’s cross-vertical design showcases the company’s holistic approach: creating a product solution that elevates user satisfaction and business performance.

The post DATA.BET Launches Hot Bundles appeared first on European Gaming Industry News.

Latest News

Turbo Duck takes flight in Stakelogic’s newest release

Published

3 hours ago

July 31, 2025

George Miller

turbo-duck-takes-flight-in-stakelogic’s-newest-release

Reading Time: 2 minutes

Feathers fly as a fearless duck dukes it out in a cyberpunk arcade in this exhilarating video slot!

Stakelogic has released its most action-packed slot to date with Turbo Duck, a high-octane title that blends intense gameplay with cinematic visuals and a winged hero who refuses to back down.

Set in a post-apocalyptic retro arcade, Turbo Duck follows Quack-9, a fearless duck mecha-pilot ready for action. As the gameplay unfolds, players join Quack-9 in the fight for control and massive multipliers.

Played across a 5-reel, 4-row grid with 15 fixed paylines, the game introduces a mix of Mystery Wilds, instant-win multipliers and three escalating Bonus Game modes.

Mystery Symbols land on reels 2 and 4, revealing either a Blue Wild, a Red Multiplier Wild up to 10x, or directional arrows that place additional Wilds nearby. During Free Spins, Blue Wilds can also award +2 extra Free Spins.

Landing three Bonus Symbols triggers 10 Free Spins and activates the Bonus Wheel, which determines one of three Free Spin variants: Bonus, Mega or Ultra. Each mode increases win potential through higher multiplier frequency and persistent Mystery Symbols. The most volatile mode, Ultra, removes all low-value multipliers and guarantees one high-value multiplier on every spin.

Multiplier Symbols appear in three tiers: Blue (2x–50x), Green (5x–100x), and Red (5x–500x with MAX WIN potential) and award instant prizes based on the base bet. The Turbo Blast feature, which can trigger on any spin, sees one to three multipliers onto the reels, with at least one guaranteed to be from the highest tier. When Multiplier symbols land on the reels Quack-9 will fire into life, destroying them for reveals that keep you on the edge of your seat.

For players who want to take control, Turbo Duck includes a Buy Bonus option with three entry levels, as well as the option to activate Super Stake™, doubling the chance of triggering Free Spins.

James Jelliffe, Head of Slots at Stakelogic, said: “Turbo Duck is a slot that really plays to our strengths. From the stylised visuals to the cinematic pacing, it’s built to stand out. While the theme adds plenty of character, it’s the underlying math that drives the experience, with a carefully balanced mix of volatility, momentum and feature depth designed to keep players engaged.”

The post Turbo Duck takes flight in Stakelogic’s newest release appeared first on European Gaming Industry News.