XR Today - Mixed Reality tag

FEBRUARY 27, 2023

According to PriceWaterhouseCooper (PWC) research, virtual and augmented reality (VR/AR) product development tools can boost global gross domestic product (GDP) by up to $360 billion by 2030. Powerful Training and Guidance Manufacturing firms also support numerous employees working with complex machinery.

Industry 84

Industry Training Magic Leap Data 84

Tech Trends VR

FEBRUARY 18, 2019

They will enter a workforce where job functions, roles and even categories will be significantly altered, and will face social and global challenges beyond what we can imagine today,” says Steve Liffick, General Manager of Education Strategy and Platforms at Microsoft. Its Clarity platform currently serves over 25,000 schools globally.

Data 276

Data Fresno Case Study Machine Learning 276

XR Today - Mixed Reality tag

OCTOBER 19, 2022

Training and Upskilling. Training new staff is fundamental to any onboarding process but is costly, risky, time-consuming, and heavily disruptive to business processes. VR training also removes the cost of paying for a real-life trainer. VR training also removes the cost of paying for a real-life trainer.

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Immersion Head Mounted Display Training Study 80

XR Today - Virtual Reality

DECEMBER 17, 2023

Most people still see VR as an entirely new concept designed to power experiences linked to work, entertainment, and training. These technologies can create collaborative environments, like Microsoft Teams’ Immersive spaces, training simulations, and more. By 2030, experts predict the VR market will grow at a CAGR of 27.5%

Virtual Reality 245

Virtual Reality Latency Immersion Simulation 245

XR Today - Mixed Reality tag

NOVEMBER 16, 2022

Despite some concerns, the XR market is estimated to reach over $1 trillion by late 2030, according to P&S Research. Microsoft’s HoloLens 2 also remains an industry heavyweight in the rivalry for the classroom and enterprise. Is Demand for XR Growing? According to figures, companies invested roughly $4.1

Education 83

Education Training Immersion Technology 83

XR Today - Augmented Reality tag

NOVEMBER 24, 2023

billion by 2030. For instance, Microsoft has dedicated USB chargers for its HoloLens 2, while other vendors offer comprehensive charging stations. They can allow consumers to “feel” what they’re interacting with in a virtual or augmented reality space, allowing for better training simulations. Others are more advanced.

Augmented Reality 93

Augmented Reality Immersion AR Haptic 93

XR Today - Virtual Reality

JANUARY 1, 2024

It can also be an effective way to boost productivity during collaborative sessions, enhance the quality of training courses, and increase creativity. Of course, leveraging the power of virtual reality starts with choosing the right headset capable of transporting each user into a new digital landscape.

Virtual Reality 130

Virtual Reality Samsung Tools Apple 130

XR Today - Virtual Reality

MARCH 27, 2023

It can also be an effective way to boost productivity during collaborative sessions, enhance the quality of training courses, and increase creativity. Of course, leveraging the power of virtual reality starts with choosing the right headset capable of transporting each user into a new digital landscape.

Virtual Reality 228

Virtual Reality Tools Software Hardware 228

XR Today - Mixed Reality tag

DECEMBER 21, 2022

billion by 2030 with a compound annual growth rate (CAGR) of 33.09 This includes Varjo’s XR-2, Microsoft’s HoloLens 2, Pico Interactive’s Pico 4 Enterprise, and Meta Platform’s Quest Pro. With today’s modern VR devices, users can: Safely train employees to enter dangerous work environments.

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Training Augmented Reality Immersion Magic Leap 91

XR Today - Augmented Reality tag

MAY 18, 2023

through to 2030. Fortune Business Insights suggests the market will be worth around $97.76 According to Grandview Research , in 2021, the value of the AR market was around $25.33 billion, but the space is expected to grow at a CAGR of approximately 40.9% billion by 2028, representing a growth rate of 46.8% between 2021 and 2028.

Augmented Reality 100

Augmented Reality Healthcare Head Mounted Display North America 100

XR Today - Mixed Reality tag

JANUARY 31, 2023

These include Oracle Cloud, Microsoft Azure, Amazon Web Services (AWS), and Google Cloud Platform (GCP). Saudi Aramco, the world’s biggest energy supplier, became a top funder for immersive firm PIXO XR to train and upskill workers in the country.

United Arab Emirates 111

United Arab Emirates UAE Healthcare Saudi Arabia 111

XR Today - Mixed Reality tag

FEBRUARY 13, 2023

billion by 2030. One such brand, Vrgineers, focuses on the production of MR and VR pilot training solutions targeted at the military and business space. However, for companies and military groups trying to train new pilots, there are few tools with more value out there. The market is expected to reach a value of around $394.8

Training 55

Training Simulation Groups Virtual Reality 55

CraneMorley

MAY 31, 2022

million jobs worldwide will use augmented and virtual reality by 2030. Companies are using virtual reality to supplement traditional training in hazardous areas. The leading headset and pioneer of mixed reality is the Microsoft HoloLens. More importantly why should you care about all these realities. What is Virtual Reality?

AR 52

AR Augmented Reality Virtual Reality Simulation 52

XR Today - Mixed Reality tag

JANUARY 8, 2024

billion by 2030. Goertek XReal Lenovo Iristick Vuzix Magic Leap XYZReality Longan Vision Rokid ThirdEye Google Toshiba Epson RealWear Microsoft Lumus TCL RayNeo Goertek Offering a variety of extended reality products for virtual and augmented experiences, Goertek has a range of smart glasses included in its portfolio.

AR 107

AR Magic Leap Industry Tools 107

XR Today - Mixed Reality tag

JANUARY 12, 2023

Other studies suggest by 2030 , the XR space will be worth more than $1.1 Going forward, I think we’ll see more examples of MR gaining rapid adoption in the enterprise space, particularly as Varjo, HTC Vive, Magic Leap, Microsoft, and other leaders continue to innovate. It’s easy to see why the space is evolving so rapidly.

Magic Leap 97

Magic Leap Case Study Study Wearables 97

XR Today - Mixed Reality tag

MAY 4, 2023

billion by 2030. Designed for education, exhibition, collaboration, and training, these headsets can adapt to suit various use cases. Read up on the latest RealWear news here. Latest RealWear News Microsoft Microsoft’s smart glasses are designed with a focus on the mixed reality landscape.

Magic Leap 106

Magic Leap Industry Tools Technology 106

The Ghost Howls

MARCH 15, 2021

for training), and also for full-body tracking by all people performing in VRChat. The very accurate analyst ended his forecast with the last theatrical shot, saying that by 2030 Apple will also have its AR contact lenses. Read about Microsoft’s Ignite conference. It is used in LBVR, in enterprise installations (e.g.

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HTC Apple Magic Leap AR 425

XR Today - Mixed Reality tag

MARCH 15, 2023

Data solutions are being used to create digital twins, which streamline production processes, empower better employee training, and even unlock valuable insights into the customer journey. Training is being offered at a phenomenal scale, not just on-premises, but in a virtual environment too.

Machine Learning 86

Machine Learning Trends Data Tools 86

Bernard Marr

OCTOBER 31, 2022

While Meta focuses on creating virtual reality environments, companies like Microsoft and Nvidia are developing metaverse environments for collaborating and working on digital projects. Another use of metaverse technology in the corporate world will be conducting training, onboarding, and other tasks.

Trends 59

Trends Virtual World Augmented Reality Virtual Reality 59

XR Today - Mixed Reality tag

MARCH 15, 2023

Data solutions are being used to create digital twins, which streamline production processes, empower better employee training, and even unlock valuable insights into the customer journey. Training is being offered at a phenomenal scale, not just on-premises, but in a virtual environment too.

Machine Learning 73

Machine Learning Trends Data Tools 73

XR Today - Mixed Reality tag

MAY 4, 2023

billion by 2030. Goertek NReal Lenovo Iristick Vuzix Magic Leap XYZReality Longan Vision Rokid ThirdEye Google Toshiba Epson RealWear Microsoft Lumus TCL RayNeo Goertek Offering a variety of extended reality products for virtual and augmented experiences, Goertek has a range of smart glasses included in its portfolio.

AR 71

AR Magic Leap Industry Tools 71

XR Today - Mixed Reality tag

AUGUST 24, 2022

billion by 2030. Microsoft and Meta have already revealed their intentions to build Metaverse gaming environments and communities in the years ahead. There’s even the possibility to branch into the B2B environment, with gamified training experiences and team-building events.

Gaming 85

Gaming Immersion Technology Strategy 85

XR Today - Augmented Reality tag

FEBRUARY 17, 2023

billion by 2030. Microsoft Microsoft’s smart glasses are designed with a focus on the mixed reality landscape. The HoloLens 2 headset from Microsoft is intended to address a range of different needs in the education, healthcare, and industrial space.

AR 83

AR Magic Leap Augmented Reality Industry 83

Bernard Marr

NOVEMBER 14, 2023

This is hardly surprising given the fact that Citi has said it believes that business in the metaverse will be worth $13 trillion to the global economy by 2030. Another use case that is quickly gaining traction is team building, onboarding and training.

Virtual Reality 52

Virtual Reality Machine Learning Industry Immersion 52

XR Today - Mixed Reality tag

JANUARY 2, 2024

These are the chips companies need to train cutting-edge AI programs like OpenAI’s ChatGPT 4 and Google’s PaLM 2. According to Grandview Research, the market for artificial intelligence is expected to increase at a CAGR of 27.3% from 2023 to 2030. By 2030, experts believe the XR market will be worth more than $345.9

Data 107

Data Training Technology Machine Learning 107

XR Today - Virtual Reality

NOVEMBER 17, 2023

billion by 2030, representing an incredible opportunity for designers and developers. Others open the door to new opportunities for VR content development, training, and immersion. For instance, they can be used to train employees in complex environments, improving muscle memory and unlocking new skills.

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Virtual Reality Immersion Haptic Tools 230

The Ghost Howls

JULY 20, 2020

While many people online continue saying that “3DOF is not VR” or that “We don’t need 3DOF”, as a consultant I can tell you that there are sectors where it is still relevant: education, psychology, training, storytelling. Not a great evolution from Microsoft. 6G is coming to 2028–2030. Enhance offers you brain training in VR.

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Oculus AR Healthcare 360 Video 313

XR Today - Mixed Reality tag

OCTOBER 11, 2023

Many of today’s companies have jumped to a different hype train, focusing on generative AI and LLMs. Some experts even predict this aspect of the metaverse could be worth more than $400 billion by 2030. At Microsoft Inspire 2023, Microsoft announced it would enhance its industrial metaverse initiative.

Industry 110

Industry Simulation Tools Technology 110

XR Today - Mixed Reality tag

MARCH 27, 2023

As companies like Microsoft, Meta, Google, and many others continue to share their “visions” of the metaverse, we’re beginning to get a clearer picture of what this digital environment might look like. ABI Research notes that there’s already a higher level of maturity in the enterprise metaverse to take advantage of.

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Simulation Examples Immersion Microsoft 113

XR Today - Mixed Reality tag

OCTOBER 4, 2022

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. They are helping to ensure the U.S.

Machine Learning 98

Machine Learning Education Industry United States 98

XR for Business Podcast

AUGUST 19, 2019

I think we’ve seen the Go has seen some early success, with companies like Walmart announcing that they were buying a lot of them to train employees for things like customer service. But I’ve seen some talk of doing things like airline flight crews being able to train flight attendants, training through those sorts of headsets.

Training 78

Training AR Data Augmented Reality 78

XR for Business Podcast

AUGUST 19, 2019

I think we’ve seen the Go has seen some early success, with companies like Walmart announcing that they were buying a lot of them to train employees for things like customer service. But I’ve seen some talk of doing things like airline flight crews being able to train flight attendants, training through those sorts of headsets.

Training 78

Training AR Data Augmented Reality 78

XR for Business Podcast

AUGUST 19, 2019

I think we've seen the Go has seen some early success, with companies like Walmart announcing that they were buying a lot of them to train employees for things like customer service. But I've seen some talk of doing things like airline flight crews being able to train flight attendants, training through those sorts of headsets.

Training 60

Training AR Data Augmented Reality 60

Robert Scoble

JULY 23, 2020

The ones that are in phones today that in 2020 can see 300,000 points of data, will, by 2030, see 10x that many (and I might be way too conservative in that prediction, some insiders tell me. AI that is getting cheaper to train — dramatically so — and far more capable every few months.

Amazon 93

Amazon Apple Head Mounted Display Google 93

XR for Business Podcast

DECEMBER 6, 2019

He’s been pushing the envelope of this technology and software for the Microsoft Hololens, and recently built an app for the global launch event of the next generation Hololens 2. And then a lot of that feedback went back to Microsoft, to help inform where the next generation headset was going. Where are we on the timeline?

Construction 78

Construction Microsoft Software Architecture 78

XR for Business Podcast

DECEMBER 6, 2019

He’s been pushing the envelope of this technology and software for the Microsoft Hololens, and recently built an app for the global launch event of the next generation Hololens 2. And then a lot of that feedback went back to Microsoft, to help inform where the next generation headset was going. Where are we on the timeline?

Construction 78

Construction Microsoft Software Architecture 78

XR for Business Podcast

MARCH 3, 2020

Alan: Big military simulation training. And training simulation, you’re doing it for a different reason. You talk about these things that make something replaceable, and how maybe military sim or even training is not looking for that. So when you’re training to become better at something, that’s a mindset.

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Simulation Industry Entertainment Technology 78