EXTENDED REALITY MARKET ANALYSIS

Market News

Global Extended Reality Market: Key Developments

To provide a one-of-a-kind gaming experience, Sony Group Corporation released PlaystationVR2 and the PlayStation VR2 Sense controller charging station in February 2023. Eye tracking, 3D audio, adaptive triggers, and haptic feedback from PS VR2Sense controllers are all features of PS VR2.

On May 11, 2022 Google LLC is an American multinational technology company introduced ARCore Geospatial API that makes the world your canvas with the use of ARCore Geospatial API ARCore, Google’s, Augmented Reality (AR) developer platform, works across Billions of devices, providing developers with simple yet powerful tools to build immersive experiences that seamlessly blend the digital and physical worlds

In September 20, 2022, NVIDIA Nvidia Corporation is an American multinational technology company announced its first software- and infrastructure-as-a-service offering with the launch of NVIDIA Omniverse Cloud, a comprehensive suite of cloud services for artists, developers and enterprise teams to design, publish, operate and experience metaverse applications anywhere NVIDIA Omniverse: a platform for creating and operating metaverse applications

In April 2022, Snap Inc. is an American camera and social media company, Snapchat launched SnapAR, a new enhanced AR which features a new version so developers can build Lenses that are more dynamic and look true to life. With its API Library, Lenses can surface real-time financial, translation, and weather data from partners, ultimately making more useful and rich AR experiences. The company is expanding the API Library with new partners, AstrologyAPI and Sportradar, so Lenses can tap into frequently-updating information like daily horoscopes and live sports scores.