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The XR Week Peek (2022.07.04): Big tech companies perform budget cuts, Mojo tests its smart contact lens in-eye, and more!

The Ghost Howls

It’s incredible how we will have the first smart contact lens product before 2030… it seems like hardware coming from a sci-fi movie! Then, PSVR Without Parole has reported that Sony has learned from the errors of the PSVR 1, and so it has made the cable of the PSVR 2 detachable. HTC releases its “metaverse phone”. Learn more.

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Remote assistants in combination with AR or VR in US 2022

ARVR

In 2020, the AR market was worth around $7 billion, and experts predict that this number will rise to $152 billion by 2030. As for Virtual Reality (VR), it’s a complete immersion into a virtual world, shutting off the physical world entirely through special VR devices like HTC Vive, Google Cardboard, and Oculus Rift. Credit: Unsplash.

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China shows its masterplan to lead Virtual Reality in 2025

The Ghost Howls

Considering that according to some sources, in 2030 China will become the worldwide leader also in Artificial Intelligence , the Chinese masterplan is to be at the cutting edge of the most important technologies in 10 years. The whole machine equipment. What I found impressive is the long-term plan.

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XRA, Lawmakers to Host First National XR Month

XR Today - Mixed Reality tag

According to the legislation , XR technologies, which included virtual, augmented, and mixed reality (VR/AR/MR), could potentially support 23 million jobs with its innovations by 2030, totalling $450 billion USD in the global market. Comments on National XR Month.

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IAAPA Update from Location-Based VR Expert, Bob Cooney

XR for Business Podcast

It was a 6DOF simulation machine. And that’s going to increase to 500-billion by 2030. Alan: Well, speaking of cell phone guys, you’ve got HTC as a major player. Out-of-home entertainment locations, I would say HTC is probably the leader. And I still haven’t seen a lot of that yet. Bob: Oh, by far.

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IAAPA Update from Location-Based VR Expert, Bob Cooney

XR for Business Podcast

It was a 6DOF simulation machine. And that’s going to increase to 500-billion by 2030. Alan: Well, speaking of cell phone guys, you’ve got HTC as a major player. Out-of-home entertainment locations, I would say HTC is probably the leader. And I still haven’t seen a lot of that yet. Bob: Oh, by far.

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The Down-Low on What You Need to Know (To Be Competitive in XR), with SuperData’s Carter Rogers

XR for Business Podcast

You can learn more about this data at superdataresearch.com. I really want to start digging into this, and learn more about SuperData. They’re much more distributable than the standard Oculus Rift or HTC Vive, which has to be hooked up to a PC. You can learn more about this data at superdataresearch.com.