Virtual Reality Industry Shows Solid Growth – Valued at $34.5 Billion in 2023

Avatar Alexandra Vidger Press Releases

Greenlight Insights’ latest update on the VR marketplace shows continued growth. San Francisco, CA, May 20, 2019 — Greenlight Insights’ newly released Total Market Forecast continues to show solid gains in most categories of the virtual reality (VR) marketplace. As this market matures, Greenlight expects revenues from Location-Based VR Entertainment (LBVRE) and Head-Mounted Displays (HMDs) to be market leaders, each … Read More

Augmented Reality and IoT Eclipse CAD and PLM at PTC

J.C. Kuang, Analyst J.C. Kuang, Analyst Insights

PTC’s most recent earnings call saw its bookings forecast decline by $15 million, attributed to unfavorable hiring conditions for sales reps in its rapidly growing IoT business, which includes flagship augmented reality products such as the Vuforia engine and Vuforia Chalk. However, the call also revealed that AR and IoT revenue had surpassed the company’s historical cornerstone business of CAD … Read More

Dispaly Week 2019: Innovation in Optical Solutions is Leading to Next-Generation Virtual Reality Displays

Clifton Dawson, CEO Clifton Dawson, CEO Devices & Technology, Displays Materials & Components, Head-Mounted Displays, Insights, Semiconductors, Virtual Reality, Virtual Reality Intelligence Service

The Society for Information Display (SID) once again hosted the annual Display Week on May 12th-17th in San Jose, California. Display Week is one of the world’s largest semiconductor industry tradeshows for suppliers providing materials, processes, components, and services to major display manufacturers. At Display Week 2019, augmented reality and virtual reality were again key focus areas during the conference … Read More

Build 2019: Microsoft Strengthens Foundation For Enterprise Cloud xR

J.C. Kuang, Analyst J.C. Kuang, Analyst Augmented Reality, Devices & Technology, Enterprise xR Intelligence Service, Insights, Software

Beginning on May 6th, Seattle saw Microsoft’s Build developer event unveil a number of important announcements from the tech giant, all reinforcing the service-centric vision pioneered by CEO Satya Nadella. Executives representing Azure, Office 365, GitHub, and others took center stage, focusing on Microsoft’s evolving set of enabling technologies and compelling industry partnerships. In a continuing trend across large technology … Read More

Microsoft’s Potential Mobile Augmented Reality Goldmine

Alexis Macklin, Research Manager Alexis Macklin, Research Manager Apps & Games, Augmented Reality, Augmented Reality Intelligence Service, Insights, Media & Entertainment

At its annual developer conference, Microsoft teased a Minecraft mobile augmented reality application. Little is known about the newest edition of Microsoft’s ever-growing online game. With one of the biggest audiences in the world, is Microsoft supporting Minecraft to be the biggest mobile AR platform?