Google’s ARCore, with its fairly good improvements, is making the technology available to a vast segment of the audience, as Android has more user base than iOS worldwide. Apple is also set to enter the smart glasses market by 2022, which will be a game-changer for the industry. This allows Apple’s ARKit developers to tap into the power of the latest iPhones’ LiDAR hardware. Apple’s latest ARkit 4.0 now includes location anchors, improved depth API, and better face-tracking. ![]() Improved technologies: Apple and Google are continuously improving AR technologies that most AR developers use.More studios are expected to bring AR-based apps and games that will eventually increase the size of consumers. gaming industry, the industry’s EBITDA that plunged 39% in 2020 is expected to improve by 45% in 2021.With an overall recovery in the game industry, the AR market will definitely get a push. Economic recovery from the pandemic: The game industry is all set for economic recovery starting from 2021.Let us have a look at what are the main factors that will positively affect the AR market in the coming years. It suggests that the global AR gaming market could hit $28.6 billion by 2026, with a CAGR of 34.80% during 2021-2026.Īlthough the CAGR of 34.8% is about 8%-10% lower than what it could have been normally, this data suggests that AR gaming is already set into the recovery mode and we can expect a bounce-back by 2026. The good news is that the same research also forecasts an expected bounce-back. Such a growth rate essentially meant that the industry was booming and could have crossed the $5 billion mark very easily in 2020.īut recent research published in February confirmed the 2020 market valuation for AR gaming remained at $4.7 billion, which is almost $300 million lower than the expectations. The global AR gaming market hit $2.82 billion in 2019 with an expected CAGR of over 48%. And Pokémon Go crossed the 1 billion downloads in July 2019. within a week, while Harry Potter: Wizards Unite clocked $12 million in revenue in its first month of release. Minecraft Earth touched 1 million users in the U.S. In 2019, some popular AR games such as Minecraft Earth, Pokémon Go, and Harry Potter: Wizards Unite performed well in revenues and users. To learn more about Minecraft Earth‘s closure, check out Minecraft’s website.To answer these questions, let us first dig into this market’s growth rate before and during the pandemic. In addition, if you ever made a purchase of any kind in Minecraft Earth, you’ll receive a free download of the Bedrock version of Minecraft. These Minecoins can be spent on the Minecraft Marketplace to purchase a variety of in-game content for Minecraft, such as skins and texture packs. If your family ever spent real money to purchase Rubies in Minecraft Earth, you’ll receive Minecoins as a form of compensation. Granting a set of Character Creator items to players who sign in between January 5 and June 30”.Replacing unused crafting & smelting boosts with radius boosts of the same level.Reducing time requirements for crafting and smelting.Including all completed, unreleased content currently in our pipeline.The Minecraft Earth team provided a full list of the changes coming in this final update: The time required to craft and smelt items will also be reduced. Specifically, this update will remove the ability to spend real money in the game, and it will also “drastically” lower the cost of items that can be purchased with the Rubies players may already have. In other words, after that date, you will no longer be able to play the game on your iOS or Android device, and the game will no longer be available to download.Īhead of the closure, Minecraft Earth will receive one final update Tuesday that will change the game’s economy and give players new features to enjoy in the time they still have left. Minecraft Earth will stop being supported on June 30, 2021. As a result, we have made the difficult decision to re-allocate our resources to other areas that provide value to the Minecraft community and to end support for Minecraft Earth in June 2021.” “Minecraft Earth was designed around free movement and collaborative play – two things that have become near impossible in the current global situation. On the Minecraft website, the Minecraft Earth team explained the closure: ![]() Now, less than two years after the game’s release, Minecraft Earth is being shut down. The free-to-play mobile game is similar to Pokemon Go, in that it encourages players to explore the real-world in order to get the most out of the game ( Minecraft Earth uses players’ real locations to present them with an in-game map and interactive items - learn more in our previous coverage). In late 2019, Minecraft Earth launched on mobile devices.
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