IDC expects Meta to lose its VR dominance

IDC predicts Meta will lose its dominant marketshare in the VR market in the coming years.

The VR industry is growing rapidly. During Q1 2022, global VR headset shipments increased 241.6 percent compared to the same period last year.

Meta continues to dominate the market amid the success of its Quest 2 headset. According to IDC, Meta has now captured 90 percent of the market.

According to IDC, the biggest rival to Meta currently is ByteDance’s Pico; despite...

Meta looks set to release four VR headsets by 2024

Meta looks set to release four VR headsets over the next couple of years as it continues to push its vision for the metaverse.

According to a roadmap obtained by The Information, Meta will release a variety of headsets spanning various price points.

The long-rumoured ‘Project Cambria’ high-end VR and mixed reality headset is expected to release around September this year. Cambria was originally set to release last year but was delayed due to the pandemic and supply...

GlobalData: These advances will make the metaverse a success

Analysts from GlobalData have revealed the advances they believe will power the metaverse and drive adoption.

“Latency is a key hindrance to the metaverse adoption. Several companies are trying to address this issue from various angles as per their technical or business acumen,” said Kiran Raj, Practice Head of Disruptive Tech at GlobalData.

“Potential solutions could be in terms of network protocols, software applications, or hardware such as chips and AR and VR...

Analyst claims Apple’s mixed reality headset is delayed

The much-anticipated mixed reality headset from Apple is to be delayed, according to a leading analyst.

Apple is rarely first to any new technology but will bide its time, watch the early mistakes of rivals, and then launch a product that’s often a lot more polished. Many are, rightly or wrongly, of the opinion that most new technologies aren’t truly ready for mainstream adoption until Apple throws its $2.7 trillion weight behind it.

While AR/VR headsets like those...

Verizon and Meta partner up to unlock the metaverse’s potential

Verizon and Meta have established a partnership aimed at unlocking the full potential of the metaverse.

5G will be key to enabling metaverse experiences anywhere, while edge computing will help to ensure they live up to expectations with even lower latency and higher fidelity.

“Over the next decade, the metaverse will enable immersive, interconnected, and interoperable digital spaces to help people connect in ways not yet possible. These metaverse experiences will be...

Gartner: 25% of consumers will spend 1 hour daily in the metaverse by 2026

According to Gartner, a quarter of consumers will spend one hour per day in the metaverse by 2026.

The metaverse is a virtual world in which people can play, socialise, and work. Some of these virtual worlds can be adaptations of real-world places – including landmarks or workplaces – while others are dreamt up by creative individuals.

Marty Resnick, Research Vice President at Gartner, said:

“Vendors are already building ways for users to replicate their...

Editorial: 10 predictions for the IoT in 2022

As we begin wrapping up the year, it’s time to predict what the IoT industry will look like in 2022.

Seamlessly connected homes

“The US market has seen substantial year-over-year growth in the number of connected homes, and this is expected to continue in the years to come,” analysts from McKinsey said in a recent report.

“However, we're still far from the vision of seamlessly connected homes.”

The emergence of Thread as a widely-backed...

GTC 2021: Nvidia gets serious about the metaverse with Omniverse updates

Nvidia has announced several updates to its Omniverse simulation platform that brings the metaverse closer to reality.

The metaverse can be seen as the next step of the web, providing a virtual, persistent world where users can socialise, work, and play with actions that could have real-world effects.

Facebook recently changed its company name to Meta to reflect its new focus on building a metaverse. During Meta’s recent Connect conference, CEO Mark Zuckerberg was...

Oculus Quest Pro leaks as Facebook’s metaverse plans begin taking shape

A leak showing the alleged Oculus Quest Pro has emerged as Facebook begins its transition into a metaverse company.

The metaverse is essentially a next-generation version of the web in which users share a persistent 3D world using technologies like VR and 5G. Naturally, it poses a long-term threat to social networks as they exist today.

In June, Facebook CEO Mark Zuckerberg told his employees that the social giant’s current divisions – focusing on communities,...

Facebook plans on hiring 10,000 Europeans to work on the metaverse

Facebook is planning on recruiting the assistance of 10,000 workers across Europe to help build its metaverse vision.

The metaverse was first coined in Neal Stephenson's 1992 science fiction novel Snow Crash, where humans interact with each other and software agents as virtual avatars in a persistent 3D space. Since then, the idea has come up in further popular books like William Gibson’s Neuromancer and Ernest Cline’s Ready Player Two.

Online games such as Second...