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Top news of the week (Image by Google) Google acquires HTC Vive engineers for $250M Completely out of the blue (at least from our eyes), Google decided to acquire some XR-related engineers from HTC Vive (together with a non-exclusive license on some HTC IP) for the whopping amount of $250M.
Google recently surprised tech enthusiasts by showcasing prototype AR glasses during a TED talk hosted by Shahram Izadi , Google’s head of augmented reality and extended reality. While the sleek, lightweight glasses impressed with their capabilities, reports suggest we might need to wait until 2026 before they hit the market.
Reuters reports that Snap Inc, now publicly traded since 2017, plans to raise $1 billion in short-term debt by offering convertible senior notes that will mature in 2026, to be paid back in cash, stock, or a combination of both. “We
Consumer/ enterprise spending shares could flip as AR glasses gain wearability. billion in 2026. Enterprise spending is 95 percent of that today but will retract to 62 percent by 2026 and continue to decline until consumer/enterprise trendlines intersect. However, this won’t always be the case. billion in 2021 to $35.1
Microsoft Microsoft is one of the few companies that has approached augmented reality wearables more successfully. The smart glass market was valued at USD 3.89 billion in 2020 and is expected to reach USD 7.96 There are even presumed renders of such a project, but they haven’t been confirmed in any way.
billion by 2026, benefiting from a CAGR of approximately 31.5% between 2023 and 2026. Platforms such as Meta’s Spark AR, as well as the AR APIs, SDKs and toolkits available from leaders like Google and Apple are opening the door to more innovation in the space. billion by 2028, representing a growth rate of 46.8%
Major Firms Enter the XR Market During a launch event at MWC 2024, Samsung showcased a new XR headset developed in collaboration with Google and Qualcomm. Additionally, as Samsung and Google have partnered with Qualcomm, it is reasonable to assume that the device will use the Qualcomm XR2+ Gen 2 Platform, which supports AI-ready wearables.
It’s apparent that Samsung is working on this XR wearable as part of its broader mobile hardware ecosystem, and it seems likely to debut around 2024 or 2025. Earlier this year, Qualcomm unveiled its XR2+ Gen 2 Platform, with Samsung and Google as partners, which set the stage for the upcoming Samsung XR headset.
billion USD by 2026. Google, Apple, and other map programmes offer this functionality to users. Smart glass manufacturers and solution providers like Vuzix, Google, Nreal, RealWear, Lenovo, Magic Leap, and others offer full-spectrum devices capable of agile use cases. This can include images, animations, text, and documents.
We can only expect that after apple releases their glasses at the end of 2023, according to MacRumors Apple Glasses: Everything We Know So Far And the second model of glasses in 2024/5, as we know, will cause the markets to start “coping “ them, and we can’t forget about the return of google glasses 2.
Tools like Apple’s ARkit and Google’s ARCore allow users to develop their own immersive experiences for smartphones and immersive devices such as smart glasses. Apple is also set to release its MR headset with a tentative date of early 2023, but may delay up to 2026 due to design flaws.
Firstly, CGS’s ILaaS solution offers bespoke AR content via training materials and modules across iOS, Android, browser-based platforms, and wearables. American Red Cross Use Case According to a use case study with the ARC, total profit and loss benefits up to 2026 totalled $6.5 What’s in the Solution? million USD.
Fresh Developments from Meta Meta is trying to finish the Nazare device in time for a release in 2026. Although, since its reshuffle, Meta doubled down on its core immersive hardware goals, including the debut of the Meta Quest Pro and the continued development of the Project Nazare device.
Google and Samsungs headset The only official image about Project Moohan (Image by Google) Talking about companies that entered the field because of Apple, Google this year launched the Android XR operating system, fully dedicated to AR, MR, and VR headsets (you can read all that we know about it in this dedicated article ).
billion in 2020 and is estimated to reach more than $9 billion by 2026, according to a 2021 market research report. ” The internet was where Fine crowdfunded Dame’s first toy, a wearable clitoral vibrator, in 2014 (it surpassed its initial funding goal of $50k by roughly $812,000, btw). Credit: Dame.
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