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

Ateme encoders enable video consumption on Apple Vision Pro
Mar 19, 2024 – Ateme has announced that its TITAN encoders are enabling new ways to consume video assets on the Apple Vision Pro, with its encoders able to deliver stereoscopic 3D content for spatial computing.
News categories: Ateme, Apple, Anaïs Painchault, Content Distribution, Digital TV, Metaverse, NABShow, Worldwide

Robust growth in AR/VR headset shipments expected
Mar 19, 2024 – While global shipments for AR/VR headsets declined 23.5% in 2023, 2024 is shaping up to be a year of recovery as shipments are forecast to surge 44.2% to 9.7 million units, according to IDC.
News categories: IDC, Jitesh Ubrani, Ramon T. Llamas, Digital TV, Market Research, Metaverse, Worldwide

AR/VR headsets surged during Holiday Season 2023
Mar 5, 2024 – The global market for augmented reality and virtual reality (AR/VR) headsets grew 130.4% year-over-year during the fourth quarter of 2023 (4Q23), according to IDC.
News categories: IDC, Jitesh Ubrani, Ramon T. Llamas, Market Research, Metaverse, Worldwide

LG and Meta join forces on XR device development
Feb 28, 2024 – LG is ramping up its collaboration with Meta. LG envisions that by bringing together Meta's platform with capabilities from its TV business, a distinctive ecosystem can be forged in the XR domain.
News categories: LG Electronics, Meta Platforms, William Cho, Park Hyoung-sei, Mark Zuckerberg, Digital TV, Metaverse, Worldwide

Accedo offers end-to-end XR solution for pay TV operators
Feb 26, 2024 – Accedo has announced the development of an end-to-end XR offering for Pay TV operators built on a Snapdragon-based reference platform for XR distributed computing designed by Qualcomm.
News categories: Accedo, Qualcomm, Michael Lantz, Sahil Bansal, Digital TV, Metaverse, MWC24, Streaming, Worldwide

Apple previews entertainment experiences on Apple Vision Pro
Jan 16, 2024 – Apple has announced entertainment experiences for its Apple Vision Pro. Vision Pro enables users to watch new shows and films from streaming services including Apple TV+ and Disney+.
News categories: Apple, Disney, Greg Joswiak, Bob Iger, Digital TV, Metaverse, Streaming, Worldwide

CTA: US tech industry revenue to rise 2.8% in 2024
Jan 4, 2024 – Leading into CES 2024, the Consumer Technology Association projects retail revenues for the U.S. consumer technology industry will grow 2.8% in 2024 to $512 billion (up $14 billion from 2023).
News categories: Consumer Technology Association, Richard Kowalski, Gary Shapiro, CES2024, Digital TV, Gaming, Market Research, Metaverse, Streaming, USA

AR/VR headset market forecast to decline 8.3% in 2023
Dec 20, 2023 – Worldwide shipments of AR/VR headsets are expected to decline 8.3% year over year to 8.1 million units in 2023, despite the launch of new headsets during the year, according to IDC.
News categories: IDC, Jitesh Ubrani, Ramon T. Llamas, Digital TV, Market Research, Metaverse, Worldwide

Another slow year expected for AR/VR headsets
Sep 19, 2023 – Worldwide augmented reality and virtual reality (AR/VR) headset shipments declined for the fourth quarter in a row as volumes fell 44.6% YoY during the second quarter of 2023, according to IDC.
News categories: IDC, Jitesh Ubrani, Ramon T. Llamas, Market Research, Metaverse, Worldwide