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AWE EU ’23: Key Takeaways and Announcements

XR Today - VR Headsets tag

Last week, Augmented World Expo EU (AWE) 2023 hosted its yearly event highlighting recent innovations in enterprise-grade AR/VR/MR solutions, as well as related emerging technology such as genAI, digital twins, and geospatial tech. He cited ARtillery data, highlighting how, in 2023, XR will become a “$38 billion” industry.

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Oculus For Business is now available for all companies

The Ghost Howls

But in the enterprise space, it has always been behind the competition of companies like HTC or Pico. The COVID-19 crisis has made many companies realize how AR and VR can be a fundamental tool for smart working (e.g. Focused on VR training, simulations, data visualization, or remote collaboration.

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10 Recent VR and AR Investments You Should Know About

VRScout

Although we are undeniably in the early adoption stages, the latest numbers from the International Data Corp. project worldwide VR/AR industry revenues to be $162B by 2020. Investors are certainly chasing after that future revenue. In the first half of 2016, the VR/AR industry saw $1.3B HTC FUNDS STEEL WOOL, SOLO.