As the world continues to deal with the pandemic, the market for virtual reality (VR) headsets is expected to decline 6.7 per cent in 2020 before returning to double-digit growth of 46.2 per cent in 2021, according to the International Data Corporation (IDC) Quarterly Augmented and Virtual Reality Headset Tracker. The market has faced a […]
A report from Juniper Research forecasts that the video games industry will exceed $200 billion (€169.3bn) in value in 2023; growing from an expected $155 billion in 2020. Mobile and cloud gaming will lead this growth, as the
On August 14th a selection of the best short films available on the streaming platform, discover.film, will be screened at a virtual film festival in VR Chat: a popular VR platform. The screenings will take place in a glamorous, custom-built, discover.film virtual cinema and will showcase the best of the shortlisted films in the running […]
Total shipment of AR/VR devices is expected to reach 5.12 million units in 2020, according to Trendforce. Thanks to the release of various glasses-like AR/VR devices, the AR/VR devices market is likely to rapidly expand from 2021 to 2022, with a forecasted shipment of 43.2 million units in 2025. This market is projected to reach […]
Viaccess-Orca (VO), a provider of content protection and advanced data solutions, has announced that its secure video player, validated by studios for multi-device content protection, supports the delivery of virtual reality (VR) and 8K video over 5G networks. The player offers seamless integration with third-party systems to enable flawless 360-degree video experiences, from the point […]
A report from ABI Research has found almost half of the expected population in 2024 will be gamers. To take advantage of this huge market potential, telecommunications companies, internet service providers (ISPs), and original equipment manufacturers (OEMs) must evaluate different business models to determine whether the service will succeed or fail. Commissioned by InterDigital, the […]
Strategy Analytics predicts a strong recovery for the global AR/VR markets in 2021 after Covid-19 driven contraction in 2020. Key findings from its research report, titled Short and Long Term Impacts of Covid-19 on the AR and VR Market, include:
Canadian alt-country phenom Orville Peck is teaming with Supersphere and Oculus Venues for an immersive concert event on May 29th. Produced by Supersphere, this unique social VR event lets fans put on their headsets and meet their friends and other fans at an immersive venue. Only available on Oculus Venues, fans will be able to […]
It’s the question that pops up among the never ending stream of news releases, press briefings, blogs and articles about the latest consumer technology. Is this new tech the next big thing or the next colossal bust? Inevitably, comparisons to the spectacular rise and fall of 3D TV are made, but are they valid? Have […]