Augmented Reality

• [New] The Apple AR glasses will appear in 2025, followed by AR contact lenses during the 2030-2040 timeframe.
• [New] Apple plans to launch its long-rumored mixed reality headset in the middle of 2022, followed by augmented reality glasses by 2025.
• [New] Augmented reality has been available for years in smartphone apps, such as Niantic Inc.'s hit game Pokemon Go and shopping tools that enable people to see how a coffee table might look in their living room.
• [New] Apple will be launching a mixed reality headset later in 2021, followed by a dedicated AR headset in 2025 and AR contact lenses in 2030.
• [New] In the patent titled Electronic devices with optical markers, Apple believes it could improve interoperability between smartphones and AR headsets by making it easier for AR systems to detect that a smartphone is nearby.
• [New] Virtual and augmented reality are on the rise - it is expected that by 2022, nearly 30% of enterprises will use augmented reality.
• [New] MediaMonks has been awarded the Epic MegaGrant, which will explore the next frontier of automated tabletop production by using the latest gaming technology, such as augmented reality and virtual reality, to build a global gaming studio in New Delhi, India.
• [New] For years, rumors of Apple's development of an augmented reality headset have intrigued, with the latest links hinting that a mixed reality device might launch in 2022.
• [New] Over the next three years, the technologies posting the largest increases in investment will be digital twins (+164%), 3D printing (+125%), augmented reality/virtual reality, and data warehouses.
• A pair of augmented reality glasses are expected to follow in the coming years.
• 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.
• In the next 10 years, things once considered science fiction will become science fact, from augmented reality and artificial intelligence (AI) to quantum computing.
• 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.
• 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.
• 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.
• 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.

Last updated: 18 April 2021