Augmented Reality

• [New] A pair of augmented reality glasses are expected to follow in the coming years.
• [New] Apple has been rumored for years to be working on an augmented reality headset, and the latest leaks suggested a mixed reality device could launch in 2022.
• [New] In the next 10 years, things once considered science fiction will become science fact, from augmented reality and artificial intelligence (AI) to quantum computing.
• [New] Over the next three years, the technologies posting the largest increases in investment will be digital twins (+164%), 3-D printing (+125%), augmented reality/virtual reality, and data warehouses.
• [New] The Facebook researchers demonstrated force actions where a user could pinch with their fingers in real life to hold and control virtual, far - away objects in augmented reality.
• [New] The AI-powered interface might be part of FRL's 10-year vision but in the near term, Facebook will be launching its first pair of AR glasses in 2021 in collaboration with Ray-Ban.
• [New] The software market is expected to reach US $ 32 billion, with a compound annual growth rate of 89.2%.
• The AR market is expected to reach $ 70-$ 75 billion in revenue by 2023 and it is estimated that 500 million VR headsets will be purchased by 2025.
• The investment, run through the holding company Orange Digital Investment, will allow Orange to fund technologies in the XR (extended reality) sector, such as artificial intelligence, augmented reality and mixed reality.
• A new augmented reality center will soon open at Oakland University, introducing students to careers involving cutting-edge technology.
• The Augmented Reality and Virtual Reality Market size is projected to reach USD 188 Bn by 2027, from USD 15.3 Bn in 2020 growing at a CAGR of 43.1% during 2021-2027.
• Apple rumoured to launch MR glasses in 2022 and AR glasses in 2025.
• The Cupertino company may release its own helmet-type mixed reality headset as early as 2022, as well as AR glasses and contact lenses in the future.
• As technology advances, Facebook plans to release more advanced augmented reality glasses.
• Apple will launch a new helmet-style headset with augmented (AR) and virtual (VR) reality capabilities in 2022, AR glasses in 2025, and after 2030 AR contact lenses.
• Facebook plans to release more advanced AR glasses as technology gets better.
• We assume that Apple's roadmap for further development of mixed and augmented reality technologies includes three stages: a headset will be released in 2022, glasses will be released in 2025, and contact lenses will appear in 2030-2040.
• Apple's MR/AR product blueprint is divided into three stages, namely Helmet type products in 2022, Glasses type products in 2025, and Contact lens type products in 2030-2040).
• A new augmented reality center at Oakland University's School of Engineering and Computer Science will offer students hands-on experience in applying AR technology in the manufacturing field.
• Facebook Inc said on Thursday it is developing a wristband that would be able to control its augmented reality (AR) glasses that are expected to be launched in 2021.
• Augmented reality is growing faster, and it is estimated that investment in AR by the construction and manufacturing sector will reach $35 billion.

Last updated: 11 April 2021