Digital Property Rights Could Be Real Estate’s Next Billion Dollar Asset Class

The augmented reality market is experiencing explosive growth that’s transforming how people interact with physical spaces. The global AR market was valued at approximately $62 billion in 2023 and is projected to reach $472 billion by 2030, representing a compound annual growth rate of over 34%. More than 1.4 billion people worldwide now use AR-enabled devices, with that number expected to climb to 1.73 billion by 2024. Apple’s Vision Pro, Meta’s Quest headsets, and AR-capable smartphones have pushed the technology from novelty to mainstream utility. What started as playful filters on Snapchat has evolved into a fundamental layer of digital infrastructure overlaying the physical world. Yet as AR becomes ubiquitous, a critical question remains unresolved: who controls the digital space surrounding and above physical property, and who profits when that space becomes commercially valuable?

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RSK: Now we are splitting hairs here are we not? but, I bet it will happen.