A new study from Juniper Research has found that the total number of MR (Mixed Reality) applications will reach 9 billion by 2022, rising from an estimated 3 billion in 2018, a growth rate of 212% over 4 years. MR applications display overlaid digital objects that co-exist with the physical world alongside the ability to interact in real time.
Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, announced the rapid expansion of its partner ecosystem with new third-party software tightly integrated into the Renesas Synergy™ Platform.
The Internet of Things (IoT) will be pivotal in shaping the experience-based retailer of the future, says Beecham Research in its new ‘Internet of Retail Market Brief’.
Biosensors, speech recognition, movement mapping and space perception will give a significant boost to the market prospects of virtual reality (VR) technologies, finds Frost & Sullivan’s TechVision Team.
According to the new Worldwide Semiannual Augmented and Virtual Reality Spending Guide from the International Data Corporation (IDC), worldwide revenues for the augmented reality and virtual reality (AR/VR) market will grow from $5.2 billion in 2016 to more than $162 billion in 2020.
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