As per a survey by Statista, the timeframe for adopting the AR/MR technology across the world by XR professionals shows that around 36.9% of professionals suggested within 3 to 4 years. However, only 8.9% of professionals suggested less than 1 year. Around 22.3% of professionals suggested more than 5 years may require to adopt the AR (Augmented reality)/MR (Mixed Reality) technology. This shows that the … Continue reading Which sectors attracted the AR/VR technology investment across the world?

The XR technologies proved they are worth not just in media or other technical services but also in other industries. The journey from 2020 till 2023 is forecasted to be rising for each industry for XR technologies. The following 7 industries saw the benefits of XR technologies: – -Manufacturing & Construction -Professional services & retail -Financial services -Public sector -Transportation, logistics & wholesale -Communication, media … Continue reading Which industries are shown with maximum global market spending for XR technologies?

The tech products or your new innovative concept need to appeal to the needs of the users or customers. The global consumer market needs can be fulfilled with special importance. When the consumers show a demand among the technical products, the market can turn into a billion dollars gateways for investment as well for generating huge revenues. The survey result shows the market user’s need … Continue reading What is the global user’s opinion on augmented reality?

Are you planning to invest in the new technology? Do you think it will give you a good return? The innovation is not just limited to one concept but also involves other technology items or products. Augmented reality headsets and virtual reality headsets are one of such technical products. Reality can be represented in many ways. AR or VR is one such image of many … Continue reading What is the global value of augmented and virtual reality headsets?

In 2019, across the world, a major setback was observed in the virtual reality integration in the business world. A survey conducted by VR intelligence shows the reasons among the business world turned into issues to hinder the growth of virtual reality or Augmentation of reality in a business world. As we can see in the survey result, the first issue failed among the business … Continue reading What issues hindered the integration of VR or AR/MR in the business world?

The benefits of extended reality technology are not just staff augmentation but also work time. The following industry found its meaning with the use of extending reality technology to augment its work time. The technology is not exclusive for one industry but found its use and met the needs in the unconventional industry for its consumers. Tourism, financial services or leisure, and other services are … Continue reading Which industries benefit from using extended reality technology?

The investment directions in various technology segments are different for immersive technologies. In some segments, the technology investments have seen growth over the year whereas in some segments a huge drop from the previous years. No doubt immersive technology is mostly attracted among the young generation of guys or the tech guys. A digital environment is definitely not for everyone to grasp or enjoy. Other … Continue reading Which segments attracted the investment from immersive technology?

Augmented or you say extended reality technology made a huge wave and created a space of its own to let the generation experience something beyond its own reality. The immersive technology leveraging the 360 space enables the users to look in any direction or see content in its own user’s environment. The different types of immersive technology are 360, VR, AR, MR, and XR. The … Continue reading What is the consumer market size for immersive technology?