Nextech AR Signs Large Ecommerce 3D Modeling Deals For Over 1500 SKUs
Growing Demand for Nextech AR 3D Models as $5 Trillion Ecommerce Pivots to Web3.0
TORONTO, May 03, 2022 –( BUSINESS WIRE )– Nextech AR Solutions Corp . (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce the closing of multiple NEW 3D model ecommerce deals. These deals provide the Company with a growing base of SaaS revenue and showcases the accelerating demand of Nextech’s state-of-the-art ARitize 3D factory which is powered by AI. The Company has contracted to produce over 1500 3D models from these new deals alone, and is anticipating closing additional new deals and seeing rapid growth in demand in the ecommerce market.
The furniture industry historically struggled to sell online. Now it’s having success with 3D models and AR and currently it shows the highest demand for 3D models and AR visualizations. Nextech has large and growing contracts with Kohl’ s, Crate & Barrel, Pier 1, Just Recliners , Mathis Brothers Furniture and others reflect that. It is reported that by 2022, online furniture sales are expected to reach US$294 billion , making the need for accurate 3D models essential for this industry.
In recent weeks, Nextech has signed multiple 3D model AR ecommerce deals across a number of dynamic industries. Having previously delivered over 10,000 3D models these new contracts show the continuation of Nextech’s 3D modeling capabilities at scale, and also validates the very strong and growing demand for 3D models and AR visualizations in ecommerce globally.
Solar Energy
Entering the solar energy sector, Nextech has signed an ARitize CAD deal with Spotlight Solar. ARitize CAD enables the conversion of CAD files into 3D/AR models at scale. This is a significant solution for a […]
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