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STARTUP SPOTLIGHT: The founders of opiAID are dedicated to improving the lives of people with opioid use disorder (OUD). Now they have more money for that mission.

China's market for augmented reality and virtual reality will expand quicker than any other major country over the next few years, on the back of mounting enthusiasm from both enterprises and consumers to embrace the applications, experts said.

The value of metaverse market size could hit $800 billion in global revenues by 2024 as devices are expected to cross 100 million according to the Metaverse Device Forecast 2014 – 2027 report by Strategic Analytics Inc. The report indicates that ownership of dedicated metaverse devices like virtual reality (VR)…

Chinese augmented reality eyeglass pioneer Nreal will expand its vision in the domestic market after establishing a presence abroad in the past five years by partnering with leading foreign telecom operators to make AR glasses lighter and more popular.

Chinese augmented reality glasses pioneer Nreal to expand its vision in the domestic market after establishing a presence abroad in the past five years by partnering with leading foreign telecom operators to make AR glasses lighter and more popular.

The AR device market has so far been dominated by enterprise devices, says Strategy Analytics, has yet to reach the mainstream consumer market. But there

Last year, Real grabbed 75 percent of the consumer AR market. 

); //]]>//--> By John P. Mello Jr. Mar 24, 2021 4:00 AM PT Creating a smooth functioning interface for smart glasses that allows its wearers to operate in an augmented reality world has proven to be a challenging task, but Facebook believes it may have a solution on the human wrist. In a blog published last week, the company revealed it has been working on a wrist controller for its AR glasses. Facebook explained that the wrist is a traditional place to wear a watch, meaning the controller coul...

); //]]>//--> By John P. Mello Jr. Mar 24, 2021 4:00 AM PT Creating a smooth functioning interface for smart glasses that allows its wearers to operate in an augmented reality world has proven to be a challenging task, but Facebook believes it may have a solution on the human wrist. In a blog published last week, the company revealed it has been working on a wrist controller for its AR glasses. Facebook explained that the wrist is a traditional place to wear a watch, meaning the controller coul...