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- Meta Quest 2 Surpasses Expectations
Meta Quest 2 Surpasses Expectations
+ Next-Gen VR Unveiled by Meta
Read time: under 5 minutes
Welcome back, AR friends 👋
→ Fact ←
Retail: L’Oreal E-Commerce sales were up 49% in 2019 largely driven by customers having a chance to try before they buy using Augmented Reality.
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Today’s Menu
Meta Quest 2 Surpasses Expectations
Introduction: Dive into what makes Meta Quest Pro 2 the talk of the town!
Main Points:
Exciting Updates: The Meta Quest Pro 2, expected to rival Apple's Vision Pro, hints at advanced features and improvements over its predecessor.
Pricing Expectations: While the exact cost isn't known, it may start around $2,000, aiming to offer top-notch experiences without breaking the bank.
Release Speculation: The earliest possible debut might be late 2025, with Meta possibly accelerating its timeline to compete with Apple and Samsung's VR headsets.
Tech Specs Teased: Anticipated to feature OLED displays and the Snapdragon XR2 Plus Gen 2 chipset, promising enhanced visuals and performance.
Wishlist: Fans hope for better mixed reality, 4K displays, and a lighter design, all at a more accessible price point compared to competitors.
Why It’s Important: This leap could transform how we experience virtual worlds, making cutting-edge tech more accessible and immersive for everyone.
Next-Gen VR Unveiled by Meta
Introduction: Discover Meta's bold strides in AR technology for 2024!
Main Points:
Smart Glasses on the Horizon: Meta teases new AR glasses blending AR and AI for a smarter experience.
LG Partnership: Meta teams up with LG to develop AI-powered XR devices, aiming to enrich our tech ecosystem.
Promising Revenue Trends: Despite past losses, Meta's Reality Labs shows a revenue uptick, signaling a bright future in AR and AI tech.
Why It’s Important: Meta's innovations could redefine how we interact with tech, making everyday tasks easier and more immersive.
Apple Vision Pro Joins the AR Game!
Introduction: See how Niantic boosts AR on Apple's latest headset!
Main Points:
Niantic Support: The Apple Vision Pro gets a big upgrade with Niantic's 8th Wall, making it simpler for devs to create amazing AR content.
Easy Access for Developers: This new tool means devs can easily bring their creations to Apple's gear, plus others like Meta Quest.
Cost for Creativity: Starting at $9/month, devs can publish their work, reaching more users across different devices with their AR apps.
Why It’s Important: This move opens up a world of immersive AR experiences, making high-tech fun accessible to everyone.
Leveraging AR in Manufacturing - 2. Assembly and Manufacturing
a mini-series consisting of 5 applications
Augmented reality (AR) is changing how things are made, making work faster and less likely to have mistakes.
Key Points:
Real-time Help: AR shows workers how to build or make things by showing them 3D models or steps right where they are working.
Better Training: AR helps new workers learn by showing them what to do, which helps them start their jobs faster and do better work.
Checking Quality: AR helps check products to make sure they are good, by pointing out problems and giving feedback right away.
Work Together from Far Away: Workers can get help from experts who are not there by using AR, which saves time and money.
Fixing Things: AR gives instructions for fixing machines, helping workers do it right and fast.
To sum up, AR makes making and building things better. It helps workers do their jobs well and makes companies work better. If we use AR, we can do great work and stay ahead in making things
The AR and VR market in education is set to grow from $11.9 billion in 2023 to around $75 billion by 2033, showing how immersive tech is becoming key in learning. This growth is fueled by AR and VR's ability to make learning more interactive and the rapid shift to online learning during the COVID-19 pandemic. Significant investments and advancements, like zSpace going public and the acquisition of Spectrum AMT by Ocutrx Technologies, highlight the expanding role and potential of AR and VR in educational settings.
The Augmented Reality (AR) market in the Banking, Financial Services, and Insurance (BFSI) sector is projected to reach USD 4637.49 million by 2029, growing at a CAGR of 24.6% from 2023 to 2029. This growth is driven by the demand for AR technologies that offer easier and more secure payment options, enhancing user experiences through real-time transaction details, personalized offers, and rewards. North America leads the AR in BFSI market due to advanced technological adoption and innovative AR solutions, with Europe and Asia Pacific also showing significant growth driven by regulatory support for fintech innovation and initiatives like virtual banking experiences.
The Global Spatial Computing Market, encompassing technologies that blend digital information with the physical world, is projected to grow from $57.2 billion in 2022 to $150.5 billion by 2028, with a CAGR of 17.9%. This market growth is driven by the increasing use of augmented reality (AR) and virtual reality (VR) technologies, improving user experiences, and the growing availability of wearable devices. North America is leading this market, thanks to heavy investments in spatial computing by major technology companies and rapid adoption by consumers and various industries.
The statistic in the image indicates that a significant majority of Generation Z individuals, specifically 91.7%, are interested in shopping experiences augmented by Augmented Reality (AR) technology. This suggests a strong trend among this demographic towards interactive and technologically enhanced retail environments. Businesses targeting Gen Z consumers may consider investing in AR to meet this interest and potentially increase engagement and sales.
AR SHOWCASE
Do you have something even more mind-blowing in the augmented reality world? 🤯 Share it with us!
RECAP LAST WEEK
We know that some of you have a busy schedule. That's why we make a quick weekly update to share the coolest AR news from last week in a short video that's less than 1 minute long! 😊 Full Article: Meta Ray-Ban AI Upgrade
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