AR

Gaming Market size to grow by USD 102.13 billion from 2022 to 2027, The growing adoption of AR and VR games to drive market growth - Technavio

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Monday, November 6, 2023
Online, Apple Inc., DeNA, VR, Niantic, Inc., Ubisoft, Microsoft, Activision Blizzard, Electronic Arts, CAPEX, Universal City Studios, Inc. v. Nintendo Co., Ltd., Walt Disney, R, Geography, Sony, In re Walt Disney Co. Derivative Litigation, Sample, Growth, Bowlero Corporation, Risk, Video, USD, Gun, Overalls, AR, Personal computer, Video game, Retail, Cryptocurrency

NEW YORK, Nov. 5, 2023 /PRNewswire/ -- The gaming market size is forecast to increase by USD 102.13 billion from 2022 to 2027.

Key Points: 
  • NEW YORK, Nov. 5, 2023 /PRNewswire/ -- The gaming market size is forecast to increase by USD 102.13 billion from 2022 to 2027.
  • The market is expected to be progressing at a CAGR of 9.12%, according to a recent market study by Technavio.
  • Therefore, increasing adoption of AR and VR games will drive the growth of the market during the forecast period.
  • The market share growth by the casual gaming segment will be significant for overall market growth during the forecast period.

Vuzix Issues a Retraction of its November 2, 2023 Press Release

Retrieved on: 
Saturday, November 4, 2023
Press release, Smartglasses, EDAP, Vuzix, AR, Augmented reality, Partnership, Medical device, Camera

ROCHESTER, N.Y., Nov. 3, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today refers to its press release dated November 2, 2023 (the "Press Release") announcing a partnership with and product information about EDAP TMS SA ("EDAP"), which is a recognized leader in the global therapeutic ultrasound market.

Key Points: 
  • ROCHESTER, N.Y., Nov. 3, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today refers to its press release dated November 2, 2023 (the "Press Release") announcing a partnership with and product information about EDAP TMS SA ("EDAP"), which is a recognized leader in the global therapeutic ultrasound market.
  • Vuzix wishes to state that the parties do not currently have any contractual relationship or partnership.
  • Statements made in the Press Release, as well as the case study referenced therein, regarding EDAP's Focal One Robotic High Intensity Focused Ultrasound (HIFU) Platform, were published without EDAP's consent and inaccurately described aspects of the Focal One system, its benefits and ease of use.
  • The Company has accordingly deleted, and retracts, the Press Release and case study, including all statements regarding EDAP and the Focal One system.

Technological Advancements in OLED Microdisplays Propel Market Growth, Fueled by High-Resolution and Miniaturization Trends

Retrieved on: 
Friday, November 3, 2023
VR, Temperature, EVF, Consumer electronics, Electricity, Augmented reality, Institute of Information Technology Advancement, Common, Virtual reality, Miniaturization, OLED, Electronics, AR, Compound annual growth rate, Silicon, Television, Growth

An organic light-emitting diode (OLED) microdisplay is a compact, high-resolution display known for its rapid response time and exceptional contrast.

Key Points: 
  • An organic light-emitting diode (OLED) microdisplay is a compact, high-resolution display known for its rapid response time and exceptional contrast.
  • Several trends are shaping the OLED microdisplay market:
    Consumer Electronics Usage: The increased utilization of OLED microdisplays in consumer electronics worldwide, particularly in digital cameras and VR headsets compatible with smartphones, is driving market growth.
  • Technological Advancements: Innovations like ultra-high-definition and high-definition (UHD/HD) OLED microdisplays offering excellent contrast ratios are boosting market growth.
  • Automotive Prototyping: The adoption of OLED microdisplays in the automotive industry for prototyping vehicle designs and interiors is positively impacting market growth.

Vuzix Completes Delivery to Tier-1 Aerospace and Defense Firm

Retrieved on: 
Friday, November 3, 2023
Smartglasses, FOV, AR, Augmented reality, Vuzix

ROCHESTER, N.Y., Nov. 3, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, announced it has completed delivery against a follow-on order from a Tier-1 aerospace and defense contractors with which it has been working with.

Key Points: 
  • ROCHESTER, N.Y., Nov. 3, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, announced it has completed delivery against a follow-on order from a Tier-1 aerospace and defense contractors with which it has been working with.
  • The Company expects to receive additional orders in subsequent phases with this partner.
  • Vuzix has delivered a customized waveguide-based optics engine that is intended to be used in head worn systems designed for aerospace applications.
  • "We are working closely with many of the world's leading aerospace and defense firms on projects that can provide significant deployment and thus revenue opportunities for Vuzix," said Paul Travers, President and CEO of Vuzix.

WiMi Announced Deep Learning-Based Machine Reading Comprehension Models

Retrieved on: 
Friday, November 3, 2023
Cloud, WIMI, Knowledge, Speech, Language, Learning, Holography, AR, Deep learning, Comprehension, Augmented reality, Research

BEIJING, Nov. 3, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that deep learning is applied into a machine reading comprehension model and combined with techniques such as data augmentation and model correction to improve machine readability and comprehensibility of human language and to improve machine performance and accuracy in reading comprehension tasks.

Key Points: 
  • BEIJING, Nov. 3, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that deep learning is applied into a machine reading comprehension model and combined with techniques such as data augmentation and model correction to improve machine readability and comprehensibility of human language and to improve machine performance and accuracy in reading comprehension tasks.
  • The application of deep learning in machine reading comprehension mainly refers to the use of deep neural network models to solve machine reading comprehension problems.
  • WiMi's machine reading comprehension modeling based on deep learning includes input representation, contextual understanding, question comprehension, and answer generation.
  • WiMi will also continue to conduct in-depth research in the field of machine reading comprehension models, to make the machine reading comprehension models more powerful and intelligent to better understand and apply textual information to provide more help and support to human beings.

IDTechEx Asks What the Future Holds for AR Display Technology

Retrieved on: 
Friday, November 3, 2023
VR, TCL, MicroLED, JBD, Life, LBS, Compact, Oppo, Immersion, Artifact (software development), Virtual reality, LCOS, XR, Mixed reality, Benchmarking, VGA, Liquid crystal, AR, Augmented reality, Video game, Telescopic sight, Television

AR headsets offer some of the toughest challenges available to today's display industry.

Key Points: 
  • AR headsets offer some of the toughest challenges available to today's display industry.
  • This begs the question: which display technologies will dominate the next generation of AR devices?
  • MicroLED microdisplays might be the most hyped AR display technology and are an increasingly common choice in minimalist AR devices which are aimed more at minimizing intrusion than maximizing immersion for the wearer.
  • OLED-on-Silicon (also known as micro-OLED) and Liquid Crystal-on-Silicon (LCOS) displays are the more established display technologies holding much of the rest of the AR display market, with good reason.

IDTechEx Asks What the Future Holds for AR Display Technology

Retrieved on: 
Friday, November 3, 2023
VR, TCL, MicroLED, JBD, Life, LBS, Compact, Oppo, Immersion, Artifact (software development), Virtual reality, LCOS, XR, Mixed reality, Benchmarking, VGA, Liquid crystal, AR, Augmented reality, Video game, Telescopic sight, Television

AR headsets offer some of the toughest challenges available to today's display industry.

Key Points: 
  • AR headsets offer some of the toughest challenges available to today's display industry.
  • This begs the question: which display technologies will dominate the next generation of AR devices?
  • MicroLED microdisplays might be the most hyped AR display technology and are an increasingly common choice in minimalist AR devices which are aimed more at minimizing intrusion than maximizing immersion for the wearer.
  • OLED-on-Silicon (also known as micro-OLED) and Liquid Crystal-on-Silicon (LCOS) displays are the more established display technologies holding much of the rest of the AR display market, with good reason.

Vuzix Announces Partnership with EDAP TMS to Supply Smart Glasses for its Focal One® Robotic High Intensity Focused Ultrasound Platform

Retrieved on: 
Thursday, November 2, 2023
Smartglasses, EDAP, AR, Augmented reality, Health, Prostate, Partnership, Hospital, Medical imaging, Vuzix, M400

ROCHESTER, N.Y., Nov. 2, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today announced a partnership with EDAP TMS SA ("EDAP"), a global leader in robotic energy-based therapies, whereby Vuzix will supply its M400 smart glasses to be used in conjunction with EDAP's  Focal One Robotic High Intensity Focused Ultrasound (HIFU) Platform for device setup, troubleshooting, and applications use.

Key Points: 
  • ROCHESTER, N.Y., Nov. 2, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today announced a partnership with EDAP TMS SA ("EDAP"), a global leader in robotic energy-based therapies, whereby Vuzix will supply its M400 smart glasses to be used in conjunction with EDAP's  Focal One Robotic High Intensity Focused Ultrasound (HIFU) Platform for device setup, troubleshooting, and applications use.
  • Use of Vuzix smart glasses helps ensure that hospitals using the system will be able to make full use of it and provide the highest level of patient care.
  • EDAP plans to ship a pair of M400 smart glasses with every HIFU unit they ship.
  • To learn more about the Focal One platform and its use of the Vuzix smart glasses, you can download the case study at https://vuzix-website.s3.amazonaws.com/files/Content/case-studies/Vuzix-...

Spatial Computing Market worth $280.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, November 2, 2023
3D, VR, Gesture, Data analysis, Education, Meta, Complex, Human, Architecture, Acquisition, Maintenance, Aviation, Growth, Wikitude, Ecosystem, SDK, Student, Partnership, PTC, Health, AR, Augmented reality, Smartglasses, Video game, Music, Airline, Medical imaging, Online shopping, Microsoft, Sony, Spatial, Qualcomm, Apple, Samsung

Managed services offer all the required skillsets to maintain and upgrade the solutions, which is of utmost importance in the spatial computing environment.

Key Points: 
  • Managed services offer all the required skillsets to maintain and upgrade the solutions, which is of utmost importance in the spatial computing environment.
  • The adoption of Augmented Reality (AR) technology in the Spatial Computing Market has been marked by significant strides in recent years.
  • Top Key Companies in Spatial Computing Market:
    Major vendors in this market are based in North America, Asia Pacific, and Europe.
  • To define, describe, and forecast the global Spatial Computing Market based on component, technology type, vertical, and region.

Spatial Computing Market worth $280.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, November 2, 2023
3D, VR, Gesture, Data analysis, Education, Meta, Complex, Human, Architecture, Acquisition, Maintenance, Aviation, Growth, Wikitude, Ecosystem, SDK, Student, Partnership, PTC, Health, AR, Augmented reality, Smartglasses, Video game, Music, Airline, Medical imaging, Online shopping, Microsoft, Sony, Spatial, Qualcomm, Apple, Samsung

Managed services offer all the required skillsets to maintain and upgrade the solutions, which is of utmost importance in the spatial computing environment.

Key Points: 
  • Managed services offer all the required skillsets to maintain and upgrade the solutions, which is of utmost importance in the spatial computing environment.
  • The adoption of Augmented Reality (AR) technology in the Spatial Computing Market has been marked by significant strides in recent years.
  • Top Key Companies in Spatial Computing Market:
    Major vendors in this market are based in North America, Asia Pacific, and Europe.
  • To define, describe, and forecast the global Spatial Computing Market based on component, technology type, vertical, and region.