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Hot from Global XR Industry:Stay ahead of VR, AR, MR trends in 2020

Virtual Reality (VR) is now showing signs of becoming a healthy, sustainable industry. Among all others, VR that performs repetitive tasks that would require continuous manual labor in manufacturing has stood out as the end products should not possess any defect or error. The technology is increasingly lending itself to fields such as training, education, design, enterprise, marketing and retail applications. While VR implementations are gaining traction, Augmented Reality (AR) still faces some technical challenges. Over the next year, XR spending is projected to increase by 78.5% comparing to the current year. Just like in 2019, AR and VR will continue to make waves in 2020. According to the 2020 XR Industry Insight released by VR Intelligence, the development of enterprise XR solutions is currently outpacing consumer solutions. The report stated, 65% of the AR companies surveyed indicated that they are working on industrial applications. AR is also finding its way into healthcare. Surgeons are taking advantage of AR not just in the theater, but also in training and honing their skills. We are also going to see more forward-looking health institutions adopting various XR health innovations and the prevalence of 5G networks will likely accelerate that even more. It is still possible to stream VR for now, but it can only be done in a limited scale.

XR EXPRESS Taiwan Recommended Startups

In this issue, we’ll introduce numbers of selected startups from different categories of the XR Golden Awards; including “The Best Startup” of B2B Award and B2C Award along with the ”Rising Star of the Year”.

Combination of AI and AR to create a 5G smart stadium that brings new game experiences to sports fans. The team focuses on mastering AR and VR, AI artificial intelligence and machine learning to perform advanced image and signal analysis to solve industry dilemmas and create smart B2B solutions.
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