Posts tagged VR
Generative AI is at the Peak of Inflated Expectations for Revenue and Sales Technology, Says Gartner
Generative AI is at the Peak of Inflated Expectations for Revenue and Sales Technology, Says Gartner

According to Gartner, Inc, five innovative revenue and sales technologies are improving CX through coordinated efforts to support digital and physical selling. GenAI, DToC, process mining, self-integrating applications, and AR/VR for sales are being flagged as transformational innovations. These technologies remove friction in business processes, propel growth, and help leaders mitigate external influences that create unforeseen uncertainty. Gartner expects each to have a high or transformational impact within the decade.

Read More
Emerging MarketsStaff ReportsGartner Inc., AR, VR, GenAI
IDC Tracker Finds Upward Pricing Putting Downward Pressure on AR/VR Headsets
IDC Tracker Finds Upward Pricing Putting Downward Pressure on AR/VR Headsets

On the backs of a tough economic environment and rising prices, International Data Corporation (IDC) has reduced its outlook for augmented reality (AR) and virtual reality (VR) headsets for the remainder of 2022 and beyond. Global shipments for AR and VR headsets will decline by 12.8% in 2022, dropping to 9.7 million units. Growth is expected to return in 2023 as shipments are forecast to jump 31.5% year over year. Sustained growth of more than 30% is also forecast for the next several years culminating in 35.1 million units shipped in 2026.

Read More
News RoundupStaff ReportsAR/VR headsets, AR/VR, AR technology, VR
Omdia: 12.5m consumer VR headsets will be sold in 2022, with $1.6bn being spent on VR content
Omdia: 12.5m consumer VR headsets will be sold in 2022, with $1.6bn being spent on VR content

Consumer virtual reality (VR) will be worth $6.9bn in 2022, increasing to $20bn in 2027, according to Omdia’s Consumer VR Headset and Content Revenue Forecast 2022-2027. In the face of macroeconomic challenges, the market continues to expand, with 12.5 million headsets expected to be sold in 2022, and $1.6bn spent on VR content.

Read More
TechnologyStaff ReportsVR, VR headsets, virtual reality
Digital Systems Vital for a Rapid Post-COVID-19 Healthcare Systems Recovery, New Findings From ABI Research
Digital Systems Vital for a Rapid Post-COVID-19 Healthcare Systems Recovery, New Findings From ABI Research

COVID-19 has put healthcare systems across the globe under tremendous pressure and underscored the urgent need to advance to a smart healthcare system. Transformative technologies such as 5G connectivity, Artificial Intelligence (AI), Augmented Reality, and Virtual reality (AR/VR), are at the forefront of a digitized health care system. There is an urgent need for a communication infrastructure that unites the currently very fragmented technology landscape.

Read More
TechnologyGuest Userabi research, Digitalization, AI, AR, VR, covid recovery
Total Virtual Reality Market to Reach Over US$4 Billion Despite COVID-19’s Blow to the Location-Based VR Segment
Total Virtual Reality Market to Reach Over US$4 Billion Despite COVID-19’s Blow to the Location-Based VR Segment

The Virtual Reality (VR) market is expected to grow in 2020, passing US$4.6 billion despite some negative impacts from the COVID-19 pandemic. The location-based VR segment has been hit the hardest, with closures (both temporary and permanent) and reduced foot traffic – the pandemic also engendered some supply chain issues and in-demand devices, like the Oculus Quest, have faced stockouts.

Read More
Nicholas CooperVirtual Reality, VR, COVID-19, location-based virtual reality
Pandemic Tempers Growth in AR/VR Spending, but the Long-Term Outlook is Positive, says IDC
Pandemic Tempers Growth in AR/VR Spending, but the Long-Term Outlook is Positive, says IDC

Growth in worldwide and European* AR/VR spend will decline in 2020 compared to the pre-COVID-19 forecast scenario according to the June release of the International Data Corporation (IDC) Worldwide Augmented Reality (AR) and Virtual Reality (VR) Spending Guide. Marked reductions in IT spend and an economic downturn due to the pandemic will slow worldwide AR/VR spend to $10.7 billion — a tempered 35.3% growth from the $7.9 billion spent in 2019. But the long-term outlook remains strongly positive — IDC estimates a five-year compound annual growth rate (CAGR) in AR/VR spending of 76.9% worldwide in 2019–2024 to reach $136.9 billion by 2024.

Read More
Nicholas CooperAugmented Reality, virtual reality, AR, VR, COVID-19, Coronavirus
AR/VR Markets Forecasted to Recover from 2021 to 2025, Increasing Shipments Substaintially -- Strategy Analytics
AR/VR Markets Forecasted to Recover from 2021 to 2025, Increasing Shipments Substaintially -- Strategy Analytics

Strategy Analytics predicts a strong recovery for the global Augmented Reality (AR) and Virtual Reality (VR) markets in 2021 after COVID-driven contraction in 2020. This recovery is expected to be spurred on by a 6 fold increase in XR (the combination of AR and VR) shipments, recent consumer-friendly innovations to AR headsets, and the adoption of smartphone-tethered VR.

Read More
Most PopularStaff Reportsvirtual reality, VR, Augmented Reality, AR, VRXR, XR, AR/VR headsets, VR headsets
Sales of Connected Consumer Devices to Exceed 520 Million Units by 2022, Parks Associates Says
Sales of Connected Consumer Devices to Exceed 520 Million Units by 2022, Parks Associates Says


Sales of connected consumer devices — including networked cameras, security systems, and connected health devices — will exceed 520 million units by 2022, according to Parks Associates. The report, sponsored by Calix, presents the opportunities emerging from this wealth of residential devices and details strategies for service providers to operate in the smart home market in ways that leverage their strengths while avoiding the pitfalls of past efforts.

Read More
Nate FisherParks Associates, connected devices, augmented reality, AR, virtual reality, VR, Internet of Things, IoT, smart home
AR/VR 1.0 must die in Order for AR/VR 2.0 to Live, Digi-Capital Says
AR/VR 1.0 must die in Order for AR/VR 2.0 to Live, Digi-Capital Says

The future of AR/VR could be bright, but only if it moves beyond where it is today. 2018 was the first of what look like two transitional years, with a potential shakeout in 2019 before an inflection point in late 2020. Digi-Capital's new Augmented/Virtual Reality Report Q1 2019 and AR/VR Analytics Platform look at where we are today, where we’re heading tomorrow, and some of the changes needed to get us there.

Read More
Lane CooperDigi-Capital, Augmented reality, virtual reality, AR, VR, AR/VR analytics, Mobile AR
Sony's 3M Playstation VR Headset Sales in Line with Digi-Capital Forecasts
Sony's 3M Playstation VR Headset Sales in Line with Digi-Capital Forecasts

Sony has sold over three million Playstation VR (PSVR) headsets to date, making it the clear market leader in the premium/standalone VR platform sector over its HTC Vive and Oculus Rift competitors. These numbers are exactly in line with the hardware sales forecasts in Digi-Capital’s AR/VR/XR Analytics Platform.

Read More
Most PopularNate FisherDigi-Capital, VR, virtual reality, VR headsets, Sony 3M Playstation VR, PSVR, AR, VRXR
AR and VR Over 5G Networks Gains Momentum in Industrial Sector: ABI Research
AR and VR Over 5G Networks Gains Momentum in Industrial Sector: ABI Research

Nearly 10 percent of industrial smart glasses and standalone virtual reality (VR) devices will have a 5G connection by 2026, according to a new forecast from ABI Research. Additionally, augmented reality (AR) is growing in presence in industrial applications such as smart manufacturing and remote operation of industrial machinery.

Read More
Airrion AndrewsABI Research, virual reality, augmented reality, VR, AR, 5g, 5G networks, wireless, Wi-Fi, industrial
Virtual Reality in Retail and Marketing to Generate $1.8 Billion in 2022, ABI Research Forecasts
Virtual Reality in Retail and Marketing to Generate $1.8 Billion in 2022, ABI Research Forecasts

While E-commerce and digital marketing have proven to be effective platforms, Virtual Reality (VR) is the next innovative technology that will improve and impact the retail and marketing sectors.  ABI Research forecasts that VR in retail and marketing sectors is expected to generate $1.8 billion in 2022.

Read More
Lane CooperABI Research, Virtual Reality, VR, Retail, marketing, software, e-commerce