The five-year CAGR of the Chinese market is expected to reach 43.8%, ranking first in the world. VR games will continue to lead the VR market with a share of more than 30%. According to IDC’s latest forecast data, the total global AR/VR investment in 2021 was close to US$14.67 billion, and is expected to […]
augmented reality
Metaverse trends in China 2022
Computing power, AI, network communication, and blockchain, as the indispensable infrastructure of the metaverse, play a vital role in the later stage development of the metaverse. IDC estimates that in 2022, participants in the development of metaverse infrastructure, mainly operators, infrastructure hardware companies, and top Internet companies, will lead the effort. The pace of relevant […]
JD working with Sony Semiconductor on AR tech to measure foot size
Jingdong (JD.com) is currently working with Sony Semiconductor Solutions Corporation to develop a function to use Augmented Reality (AR) technology measure foot size, according to its official announcement.
China’s largest holographic AR app platform WiMi listed on NASDAQ
WiMi Hologram Cloud Inc., a holographic augmented reality (AR) application platform in China, started trading under the ticker symbol of “WIMI” on NASDAQ on 1 April 2020.
Alibaba adopting AR in hongbao campaign for Chinese New Year
Hongbao is an attractive tactic and often effective one for China internet companies to grow user base and engagement. And, it is one must-have activity among China internet users during Chinese New Year festival. Facing the coming Chinese New Year, Alipay is launching a special Hongbao campaign utilizing Augmented Reality to make it more interesting […]