Metaverse – Virtual Reality (VR), Extended Reality (XR) and Immersive Video News

AR and VR consumer content and apps market at $3.2 billion in 2017
Apr 10, 2018 – There was good progress in the combined virtual reality (VR) and augmented reality (AR) market in 2017, as a growing user base invested in more content, apps and out-of-home VR entertainment, according to IHS Markit (Nasdaq: INFO).
News categories: IHS Markit, Piers Harding-Rolls, Digital TV, Market Research, Metaverse, Worldwide

VR/AR device market worth $1.8 billion in 2018
Apr 9, 2018 – According to CCS Insight the worldwide market for virtual reality (VR) and augmented reality (AR) head-worn devices will grow by an average of 50% annually over the next five years. In 2022, a total of 121 million units will be sold.
News categories: CCS Insight, George Jijiashvili, Market Research, Metaverse, Worldwide

AR/VR headset demand expected to rebound in 2018
Mar 19, 2018 – Worldwide shipments for augmented reality (AR) and virtual reality (VR) headsets will grow to 68.9 million units in 2022 with a five-year compound annual growth rate (CAGR) of 52.5%, according to IDC.
News categories: IDC, Jitesh Ubrani, Tom Mainelli, Digital TV, Market Research, Metaverse, Worldwide

Augmented Reality hardware market at innovation inflection point
Mar 5, 2018 – According to ABI Research, the augmented reality hardware market is ripe for innovation and transformation especially in the diverging capability demands for displays coming from divergent consumer and enterprise requirements.
News categories: ABI Research, Eric Abbruzzese, Market Research, Metaverse, Worldwide

Telefónica presents its TV Virtual Experience project at MWC18
Feb 26, 2018 – At Mobile World Congress, Telefónica presented its TV Virtual Experience project, a way of watching TV based on virtual reality. The initiative capitalizes on the full potential of VR technology to access contents from Movistar+ and create 3D worlds.
News categories: Telefónica, Digital TV, Metaverse, MWC24, Spain

NTT DATA roll out immersive content with Jaunt's XR Platform
Feb 14, 2018 – Jaunt has announced a partnership with NTT DATA to make the Jaunt XR Platform available to their portfolio of clients. Jaunt’s XR Platform is a white label software solution for the cross-platform distribution of immersive (VR, AR and MR) content.
News categories: Jaunt, NTT DATA, Dominic Collins, Simon Williams, Content Distribution, Digital TV, Metaverse, MWC24, Worldwide

Light Field Lab raises $7m to develop holographic displays
Jan 25, 2018 – Light Field Lab has announced the close of a $7 million seed round. Light Field Lab will use the funding to complete a prototype enabling holographic objects to appear as if they are floating in space without the aid of accessories or head-mounted gear.
News categories: Light Field Lab, Khosla Ventures, Jon Karafin, Vinod Khosla, Digital TV, Metaverse, Venture Capital, Worldwide

Irdeto acquires gaming security company, Denuvo
Jan 23, 2018 – Irdeto has acquired Denuvo to provide anti-piracy and anti-cheat solutions for games on desktop, mobile, console and VR devices. Denuvo provides technology and services for game publishers and platforms, independent software vendors, e-publishers and video publishers across the globe.
News categories: Irdeto, Denuvo, Doug Lowther, Reinhard Blaukovitsch, Content Protection, MandA, Metaverse, Worldwide

Stream TV And BOE team up on high-resolution Glasses-Free 3D
Jan 10, 2018 – Stream TV Networks and BOE Technology have announced a cooperation to combine the high-resolution panels of BOE with Stream TV's Glasses-Free 3D technology (@UltraD3). The project will enable development of devices across the entire CE industry.
News categories: Stream TV Networks, BOE Technology, Mathu Rajan, CES2025, Digital TV, Metaverse, Worldwide