The Ghost Howls

MAY 2, 2022

Zuckerberg sets the Metaverse for 2030 and beyond. The Zuck has had the hard task to speak with Meta’s investors and tell them that while the revenues of Reality Labs are increasing thanks to Quest 2, actually all the “metaverse” division is losing $3B a quarter. Send me hugs. Top news of the week. Header image by AnotheReality).

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XR Today - Augmented Reality tag

MARCH 29, 2023

billion USD by 2030, with a compound annual growth rate (CAGR) of 33.09 from 2022 to 2030. It also estimates that the sector will reach around $345.9

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ARPost

AUGUST 6, 2021

Augmented reality is the most popular immersive technology with 93.3 billion by 2030, with a CAGR of 42.9%. See Also: 5 Industries Which Could Benefit From Augmented Reality Post COVID. million users , compared to 58.9 million VR users. This is a clear sign that AR/VR will continue to play a key role in our lives.

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Road to VR

APRIL 27, 2023

Reality Labs is responsible for R&D for its most forward-looking projects, including the Quest virtual reality headset platform, and its work in augmented reality and artificial intelligence. Meta CEO Mark Zuckerberg has warned shareholders in the past that Meta’s XR investments may not flourish until 2030.

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Peter Graham

NOVEMBER 19, 2019

PwC has been a long term proponent of virtual reality (VR) and augmented reality (AR) technology, previously creating an interactive map of the UK industry as well as partnering with creative agency REWIND on a futuristic city experience. billion GBP to the UK economy by 2030, equating to a 2.4% boost to GDP.

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Digital Trends

APRIL 27, 2022

Meta CEO Mark Zuckerberg doesn't expect investments in virtual and augmented reality to pay off until at least 2030.

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ARPost

MAY 4, 2023

Workplace Learning and Development Don’t Have to Be a Drag Thanks to the emergence of technologies like virtual reality and augmented reality , however, this drab form of corporate training may soon be a thing of the past. And there’s a very real need for more efficient, effective workplace training.

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VRScout

APRIL 6, 2021

Augmented reality will forever change the way we communicate says the Apple CEO. According to a recent report by Apple research expert Ming-Chi Kuo , Apple will be launching a mixed reality headset later this year, followed by a dedicated AR headset in 2025 and AR contact lenses in 2030.

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ARPost

AUGUST 12, 2022

Augmented reality is one of the most popular features for mobile apps. According to market statistics, AR/VR market size is projected to reach over US$454 billion by 2030 and is rapidly expanding into new sectors and industrial applications. See Also: Top 5 AR SDKs for Building Augmented Reality Mobile Apps?.

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Road to VR

JANUARY 11, 2020

By 2030, he says, AR and VR telepresence could allow employees to work remotely from anywhere in the world, alleviating the affordable housing crisis of increasingly populated cities. If we deliver on what we’re building, this should be much closer to reality by 2030.

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ARPost

JUNE 3, 2021

Extended reality is an umbrella term encapsulating augmented , virtual , and mixed reality but isn’t limited to the three. See Also: Augmented Reality, Virtual Reality, or Mixed Reality: Which One Is Best For Your Business. In Europe, XR development is extensive.

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AR Insider

JUNE 16, 2021

It may not really reach the full scale until 2030. . Spectacles represent a long-term investment in augmented reality hardware. […] So I think it’ll be roughly ten years before there’s a consumer product with a display that could be really widely adopted. This framing makes AR’s 2030 deferment easier to swallow.

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AllThingsVR

JULY 28, 2017

Hands-on: NASA-backed ‘Mars 2030’ – A Beautiful, Educational, & Buggy Trip to the Red Planet via @RtoVR [link] [link] — allthingsvr (@allthingsvr) July 28, 2017.

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ARPost

NOVEMBER 28, 2022

Internationally the most successful Finnish XR companies include Varjo Technologies , which is developing high-end XR headsets for enterprise use, OptoFidelity with its XR testing solutions, Dispelix with its augmented reality waveguide technologies, and VRKiwi with its Cave Digger VR games available on all VR platforms.

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XR Today - Augmented Reality tag

JANUARY 23, 2024

The region is undergoing Saudi Arabia’s “Vision 2030 “, an initiative to boost its cultural and tourism sector. I see this as an enormous opportunity for early investors to participate in the next big thing… augmented reality and spatial computing technology. Today, ARway.ai

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AllThingsVR

JULY 31, 2017

The Mars 2030 VR experience takes all the stakes out of a Mars mission via @verge [link] [link] — allthingsvr (@allthingsvr) July 31, 2017.

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ARVR

MARCH 9, 2022

Virtual Reality and The Future of Remote Assistance for Businesses Unless you live under a rock, you’ve probably been a part of at least one conversation regarding augmented reality (AR) and virtual reality (VR) in recent years. However, augmented reality is not a new term, especially for businesses.

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XR Today - Mixed Reality tag

NOVEMBER 7, 2023

Hamad General Hospital (HMC) has performed the country’s first-ever spinal surgery using augmented reality (AR)-based solutions, National news outlet The Penninsula reported on Sunday. NextAR augmented reality spinal surgery device.

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AffinityVr

JULY 1, 2022

The global virtual reality market was valued at $21.83 It is expected to grow at a CAGR of 15% from 2022 to 2030 – and the increased interest in immersive [.]. The post How to Build Your Retail Brand Using Virtual Reality appeared first on Virtual Reality Augmented Reality Technology Latest News.

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XR Today - Augmented Reality tag

APRIL 19, 2024

million workers by 2030—and purported the critical role of XR and AI technologies in tackling this issue. He highlighted the significant shortfall in skilled workers, particularly in manufacturing—projected at 7.9

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VRScout

JUNE 5, 2018

This March, the Varkey Foundation’s Global Skills and Education Forum (GESF) again solidified its place as the world’s premier education event and conference, bringing together over 2,000 professionals to dream up what the future of education might look like in 2030. Photo Credit: R3Digital. Photo Credit: R3Digital.

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XR Today - Mixed Reality tag

MARCH 8, 2024

For instance, companies like Siemens and Amazon are already using augmented reality to help employees manage stock and create products. Studies have shown that implementing immersive technologies, like augmented reality, into business workflows can reduce work completion time by 46%.

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XR Today - Mixed Reality tag

AUGUST 8, 2022

Johnson also added in the second half of the course how firms explore augmented reality (AR) technologies for their operations. I think it shows that the metaverse and augmented reality are increasingly seen as technologies that will shape our future and better our world”. Spatial School’s in Session.

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ARPost

JUNE 2, 2022

It was also about presence and how both augmented reality and virtual reality companies are trying to achieve it. The first day of the Augmented World Expo (AWE) started with a marathon session on the main stage. XR makes dreams a reality. He predicts that “most websites will fit this definition” probably by 2030.

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Hypergrid Business

JUNE 28, 2020

Virtual reality and augmented reality have the potential to add $1.5 trillion to the global economy by 2030, and up to $294 billion of that amount will be for training,” said Likens. Virtual reality can also be employed in teaching hard skills such as operating machinery or using new software.

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CraneMorley

MAY 31, 2022

More importantly why should you care about all these realities. million jobs worldwide will use augmented and virtual reality by 2030. These realities are not a sector for gaming specifically but part of the future of our daily life. What is Virtual Reality? What is Augmented Reality?

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XR Today - Augmented Reality tag

AUGUST 1, 2022

A high-profile researcher at Samsung has published new report on augmented reality (AR) wearables, the company announced on Monday.

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ARPost

AUGUST 4, 2022

In terms of numbers, PwC estimates that, by 2030, the global metaverse market could “boost the global economy” by $1.5 Thus, in the opinion of Gartner experts, the metaverse will become a sort of digital replica of our real world. And this is why financial institutions are joining the metaverse.

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ARPost

JANUARY 6, 2023

Seventy-seven percent of teachers said the technology helps equip students with skills they can apply in their chosen careers, especially since, according to forecasts, jobs in extended reality may reach 23 million by 2030. The XRA-ISTE survey dispelled several myths about extended reality’s acceptance in education.

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XR Today - Virtual Reality

MARCH 27, 2023

Of course, leveraging the power of virtual reality starts with choosing the right headset capable of transporting each user into a new digital landscape. As the VR space continues to grow, accelerating towards an expected value of $87 billion by 2030 , the number of vendors producing next-generation headsets is climbing.

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XR Today - Mixed Reality tag

JULY 27, 2023

We expect Reality Labs operating losses to increase year-over-year in 2023” The statement also noted it expects losses to “increase meaningfully year-over-year due to ongoing product development efforts in augmented reality/virtual reality and investments to further scale our ecosystem.”

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ARVR

JUNE 11, 2021

How Augmented Reality (AR) is Reshaping the Food Service Industry 3. They’ve also been forthright that fully-actualized AR is more of a 2030 thing than a 2025 thing. Its Multipeer API lets developers create shared AR effects for call participants (think: birthday hats). Trending AR VR Articles: 1. ExpiCulture?—?Developing

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XR Today - Augmented Reality tag

AUGUST 5, 2022

It accounts for a significant share of the XR market, which is set to reach a value of $300 billion by 2030. The biggest focus areas include: Virtual Reality: VR games have gained significant attention in recent years with the rise of affordable headsets like the Oculus Quest. The Potential for XR in Gaming.

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XR Today - Mixed Reality tag

JULY 14, 2022

The news comes after the XR firm launched the virtual and augmented reality (VR/AR) workplace training platform, the PIXO Apex, to boost the availability of its cutting-edge software products. Saudi Invests in Next-Gen Immersive Tech.

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The Ghost Howls

JUNE 2, 2022

Everything which is a website now will become a “metaverse destination” before 2030. He then repeated that by 2030 most websites should become metaverse destinations. Most content will be that way, but some others will still follow the old paradigms of the internet.

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XR Today - Virtual Reality

JANUARY 1, 2024

Of course, leveraging the power of virtual reality starts with choosing the right headset capable of transporting each user into a new digital landscape. As the VR space continues to grow, accelerating towards an expected value of $87 billion by 2030 , the number of vendors producing next-generation headsets is climbing.

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XR Today - Mixed Reality tag

SEPTEMBER 18, 2023

Some of the main questions our guests have aimed to tackle have included: How does augmented reality help support frontline workers? ” Dr Chris Parkinson, Co-Founder, CEO and Chairman, RealWear , discussed the future of augmented reality. XR Trends: What’s up for Discussion?

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