The Looming AR/MR Boom Opens the Door to Security Exploitation, Stimulating a US$40 Billion Spend in Security-Related Protections by 2024

The Looming AR/MR Boom Opens the Door to Security Exploitation, Stimulating a US$40 Billion Spend in Security-Related Protections by 2024

PR Newswire

LONDON, July 21, 2020

LONDON, July 21, 2020 /PRNewswire/ -- The anticipated growth and the establishment of Augmented Reality (AR) and Mixed Reality (MR) devices and applications in enterprise and consumer markets raise numerous questions about the potential threats associated with the user and business privacy and security. With over 52 million smart glasses active in 2024, and hundreds of millions more mobile devices used for AR content consumption, the exploitable market is sizeable. The significance of this exploitable market and related operating environments is more notable given the rich use cases leveraging AR/MR in industrial and manufacturing, logistics, utilities, and healthcare. The high value and quantity of data flowing through these markets make a new AR/MR implementation a target. According to global tech market advisory firm, ABI Research, revenue in security-related areas, such as platforms and licensing systems integration, IT spend, and connectivity will exceed US$40 billion in 2024, with notable efforts in privacy and security across these segments.

ABI Research  www.abiresearch.com

"Ensuring trustworthiness and reliability of AR/MR applications and devices are essential to drive adoption and encourage scale deployment of AR/MR solutions in enterprise verticals. Network, application, or device weaknesses are not only risky due to the data leak or unauthorized access potential, but also due to the interruption that can happen in workflow and business efficiency. At the same time, attacks that target overlay content can mislead users, risk user safety, and data security through phishing and misdirection attempts," says Eleftheria Kouri, Research Analyst at ABI Research.

The AR/MR market can leverage security techniques and data protection policies which are applied in other connected devices, such as encryption and data anonymization techniques to address some existing and well-understood privacy and security scenarios. "However, existing regulations and security standards need to be adjusted to meet the unique needs of virtual environments and address risks associated with aspects like continuous space mapping, uncertain content ownership, confusing UI and UX and define under which circumstances and which users can access virtual content in public and private locations," Kouri explains.

Both AR/MR headsets and mobile devices will see rapid growth in usage over the next 5 years. "Upcoming AR/MR headsets will be richer in terms of sensors and data capture capabilities, while smartphones and tablets will be equipped with dedicated sensors for more precise tracking. Greater adoption means more active and potentially vulnerable devices, which do not necessarily slot neatly into existing security infrastructure and implementations. Consequently, the need for dedicated AR/MR security standards, practices, and regulation will become more than essential in the coming years," concludes Kouri.  

These findings are from ABI Research's Privacy and Security in AR/MR Ecosystems application analysis report. This report is part of the company's Augmented and Virtual Reality research service, which includes research, data, and ABI Insights. Based on extensive primary interviews, Application Analysis reports present in-depth analysis on key market trends and factors for a specific application, which could focus on an individual market or geography.

About ABI Research

ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research's global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors. 

ABI Research提供开创性的研究和战略指导,帮助客户了解日新月异的技术。 自1990年以来,我们已与全球数百个领先的技术品牌,尖端公司,具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。 

For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.

Contact Info

Global 
Deborah Petrara 
Tel: +1.516.624.2558 
pr@abiresearch.com 

Logo - https://mma.prnewswire.com/media/276887/abi_research_logo.jpg

 

Voltar noticias em Inglês