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XR Market Growth to Top $345.9bn by 2030, Report Shows

XR Today - Augmented Reality tag

billion USD by 2030, with a compound annual growth rate (CAGR) of 33.09 from 2022 to 2030. Healthcare officials can better serve their patients by diagnosing chronic illnesses using the technologies. 5G technologies, along with edge and cloud computing, will facilitate the next generation of XR solutions for the enterprise.

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Spatial Beats: Pico, Apple & SXSW

AR Insider

The company said that the money will be used for acquiring core technologies such as optics and increasing consumer awareness and demand for the products in Asia. Zero Latency is opening its 52nd free-roam multiplayer VR gaming center in Milan. It also is rumored that Apple will be releasing AR contact lenses by 2030-2040.

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How does Virtual Reality Work? The Ultimate Guide

XR Today - Virtual Reality

Gradually, VR headsets became more intuitive and sophisticated, and new technologies emerged to give us a unique experience of the digital landscape. Now, innovators have transformed virtual reality experiences with low-latency software and upgraded hardware. Some headsets can even track eye movement for foveated rendering.

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holoride’s XR Gaming Rebuilds Car as the ‘Perfect Spatial Device’

XR Today - Virtual Reality

With these emerging technologies, companies have begun experimenting with augmented dashboards, entertainment systems, and immersive wearables. The discussion comes as reports show that the North American market is set to lead in XR adoption from 2022 to 2030. Nils Wollny : Immersive technologies are still in a very early stage.

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Latvia to Host NATO 5G Test Bed for Military XR

XR Today - Mixed Reality tag

The North Atlantic Treaty Organisation’s (NATO) Allied Command Transformation has inked a deal with Latvia to host member-states for a novel 5G test bed for military-grade emerging technologies, including extended reality (XR). With the initiative, it would use Latvia as a testing ground for military defence technologies.

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The Hottest Trends for Cloud Edge Computing in 2022

XR Today - Mixed Reality tag

billion by 2030, with a phenomenal CAGR of 38.9%. Analysis of this evolving market shows companies are rapidly becoming more focused on Edge Computing as a way of keeping IoT devices connected, improving network security, and reducing latency in digital content streams. Edge Computing Supports the Metaverse.

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ICT Networks to Enable Industrial Metaverse, Nokia Says

XR Today - Mixed Reality tag

Measurable returns on investment (ROIs), a rapidly growing number of use cases, and expansion of infrastructural technologies have fully supported the advancement of the industrial and enterprise metaverses compared with other iterations. These are the industries that serve as the backbones of our economies.