News and Announcements
tagSpace Releases AR Walking Tours Product
- Published June 19, 2018 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
tagSpace is excited to announce the release of their new Augmented-Reality Walking Tours product, discovAR™. Built on the back of their software platform, tagStorm™, discovAR will service new verticals including:
- Universities – for college Campus Tours
- Corporates – for teambuilding Scavenger Hunts
- Tourism – for self-guided walking tours
The following is example usage of the product to power university campus walking tours. There is a clear gap in the market as the current offering is either a 360 virtual video or self-guided tours using printed PDF maps.
Our initial targets are the over 1,000 colleges in the US with Y1 target of 10% of these colleges.
This alone is a $3M business opportunity but our platform is scalable and built for Generation Z who are digital natives, wanting authentic and unique experiences on their own terms.
We offer Colleges a turnkey solution to bring their campus to life through AR storytelling and digital wayfinding, guiding students around POIs and offering call-to-actions such as direct student inquiries through the App. We are currently conducting discovery meetings in June/July and will have more detail on this opportunity in the coming months.
The AR mobile market is already set to exceed $120B by 2023 and combined with our “Experience” product, we will be able to capture a significant portion of most industries that will need to utilize this technology in order to remain competitive.
tagSpace is an early-stage start-up and world leaders in enabling Augmented Reality experiences that engage Gen Z students & employees using the technology that they know and love. Their proprietary platform, tagStorm is like the “Squarespace for Augmented Reality” allowing customers to quickly and easily create these end-user experiences without the need to write code or create 3D assets themselves.
With over 100 years’ experience in the videogames industry, tagSpace brings the “dark arts” of videogame technology over to Augmented Reality. All tagSpace technology is 100% proprietary and backed by several worldwide patents.
If you are interested in receiving additional investor material about tagSpace, please lodge your interest with Wholesale Investor.
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