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Industrial XR Market to top $60bn by 2030, ABI Research Reveals

XR Today - Mixed Reality tag

The global industrial extended reality (XR) market is expected to reach $60 billion by 2030, findings from ABI Research revealed this week. Additionally, this is expected to create over $60 billion USD in global revenue by 2030, with XR training and instruction topping the list. billion USD by 2030.

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Saudi Arabia to Boost Tourism Sector with AR Navigation Technology

XR Today - Augmented Reality tag

The region is undergoing Saudi Arabia’s “Vision 2030 “, an initiative to boost its cultural and tourism sector. ” ARway Collaborates with Apple ARway is currently working with various XR device leaders to leverage its unique immersive wayfinding platform for a broad range of use cases. Today, ARway.ai

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Alteon Reveals 3D Content Platform amid Apple WWDC Event

XR Today - Mixed Reality tag

Revealed after the announcement of Apple’s Reality Pro headset, the new offering will allow users to store, collaborate, and preview a host of 3D formats. Other file types supported on the platform include RAW files, including Blackmagic Design RAW, Apple ProRes RAW, and ARRIRAW. This is compatible with Opera Cryotp Browser.

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Optimistic Market Forecasts Declare AR Smart Glasses Uptick – Leveraging AI, Biometric, Sustainability Trends

XR Today - Augmented Reality tag

As popularised by Meta Ray Ban Smart Glasses and the Apple Vision Pro spatial/MR computing headset, interest in VR hardware is moving towards upcoming AR/MR devices. Furthermore, ResearchAndMarkets expects the market to grow significantly by 13 million units by 2030, amounting to a Compound Annual Growth Rate (CAGR) of 53.0

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Who Will Rule ‘Lite AR?’

ARVR

This also aligns with comments that both he and Snap CEO Evan Speigel have separately made about AR’s fully-baked form being more of a 2030 reality. For example, Magic Leap prioritized an immersive UX but underestimated wearability needs in consumer products (it since pivoted to enterprise). Trending AR VR Articles: 1.

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XR Talks: Hands-On with Hololens 2

AR Insider

The enterprise focus is comparatively what Magic Leap failed to do — at least at first. Most believe the answer is more of a 2030 reality than a 2023 one. That goes for product design, positioning and marketing — a departure from the original HoloLens. That’s the billion-dollar question in the AR world.

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My predictions for Meta Connect 2024

The Ghost Howls

The Quest 3S will be probably marketed as the most affordable mixed reality headset on the market , so Meta may want to show that it can do Spatial Computing like the Apple Vision Pro but at less than one-tenth of the price. Games are a type of content where Meta is very strong while Apple has a lacking ecosystem.

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