Market Reality: AR Competition Heats Up as Microsoft, Google, & Samsung Make Money Moves
Some of the big guns developing augmented reality technology fired shots at their competitors with announcements and leaked plans this week.
Some of the big guns developing augmented reality technology fired shots at their competitors with announcements and leaked plans this week.
This week, we're beginning to see the wide ranging impacts of some of the early iterations of augmented reality hardware and software.
It doesn't matter how cool or groundbreaking a particular technology is, if it doesn't offer the promise of big returns on investments, you'll have trouble drawing interest from both Silicon Valley and Wall Street. That's why we're increasingly seeing existing augmented reality players doing everything they can to focus in on revenue generation, which was the message coming from Snap Inc. this week.
As the calendar year (and, for many companies, the fiscal year) comes to a close, it appears 2017 may stand as the new high-water mark for investment in augmented and virtual reality technology.
Augmented reality was recently named the "Mobile Disruptor of the Year" for 2017 by Mobile Marketer, but the technology is showing no signs of slowing down as we head into 2018. In fact, the technology appears to be gaining momentum.
The next frontier for AR hardware is the consumer headset, and tech companies of varying size and tenure are working hard to strike the right mix between comfort, cool factor, and cost. How these companies handle the hype and flow of information vary wildly.
When a firm like Techstars believes that augmented reality is an attractive industry to invest in, there's a high probability that it's right.
Snapchat is mostly credited as the first AR social network, and, like most social media companies, its revenue model is nested largely within advertising. As such, the company now has a new avenue for branded content.
If competition in the augmented reality space was a spectator sport, then ARKit, ARCore, and HoloLens dominate the prime-time broadcasts on ESPN.
Augmented and virtual reality continues to be a hot commodity among tech investors, with more than $800 million invested in AR/VR companies in the second quarter alone and global tech leaders like Samsung focusing their investment strategies on the emerging field.
Over the past week, companies took a variety of approaches to investing in augmented reality. Lampix is backing its own effort to build an ecosystem for augmented reality platforms. Nokia and Xiaomi are teaming up on numerous fronts, potentially including augmented reality.
Four augmented reality companies made deals this week to grow their businesses. Two companies, TechSee and Car360, completed funding rounds, while DAQRI signed with a production partner and Decalomania landed a prime spot with a top retailer.
The leading platforms enabling augmented reality technology lead our headlines in Market Reality this week.
This week's Market Reality covers a variety of business news from acquisitions and partnerships to competitive and technology assessments to quarterly financial results.
Every Friday, Next Reality reviews the latest headlines from the financial side of augmented and mixed reality. This Market Reality column covers funding announcements, mergers and acquisitions, market analysis, and the like. This week's column is led by two companies cashing in on visual inputs.
If your company has already released some popular and addictive game and you're thinking about creation a sequel, this article is just what you need. We gathered the main tips and advices that will be useful for the building a strategy and a sequel itself. Check out the following instructions and recommendations that can lend you a hand in making a sequel for your game.
Back in July, Google rolled out a new design for the web version of Gmail. The rollout included new features alongside the visual changes, one of which being Confidential Mode. This new privacy-centric feature has now finally arrived on the mobile app version of the service, and here's what you need to know.
Apple caught a lot of flak for removing the headphone jack in their iPhone 7 models, but they definitely got the last laugh when preorders with a delivery date of September 16 sold out within minutes. Headphone jack or not, the iPhone 7 and 7 Plus are still highly desirable products, and consumers have confirmed this by voting with their wallets.
It seems like everything old is new again these days where food is concerned, and that includes the recent renaissance of babka. The name of this rich, rolled yeast bread, with roots in both the Jewish and non-Semitic Eastern European communities, means "little grandmother" in Ukrainian, Russian, and Yiddish.
Acetone-based nail polish remover is great for removing nail polish, and it's also great for some DIY uses around the home. From eliminating scratches to fixing the consistency of correction fluid, its uses are varied but all effective. With nail polish remover, you can also clean your computer keyboard, get rid of ink stains, and even remove leeches from your skin. Talk about versatile!
Cars, as with everything else in this world, deteriorate with use or non-use over time. In this video clip series our expert, Doug Jenkins, will not only show you how to maintain your car but also how to completely restore and renew an old trunk. You'll learn how to weld, grind and patch as an old trunk becomes new before your eyes.
When filtered through the prism of the top stories of the year, the business of augmented reality 2019 was defined as much by epic failures of AR startups as it was by the promising developments that propelled the industry forward into 2020.
After facing reports of financial troubles over the past month, Magic Leap came out swinging this week with a big push for the enterprise segment of AR, including a repackaged Magic Leap 1, a suite of enterprise apps, and updates to Lumin OS and its supporting development ecosystem. Oh, and its AR headset managed to win a starring role in the marketing juggernaut for the forthcoming Star Wars movie.
The week of the annual Consumer Electronics Show is supposed to be filled with good news for the augmented reality industry as AR headset and smartglasses makers show off their new wares.
This week, Next Reality released the fifth and final set of profiles on the NR30 leaders in augmented reality, with this chapter focusing on the influencers in the industry.
Continuing our NR30 series this week, we focused on the leaders of the software development industry that make augmented reality experiences possible. In other news, two of the current leaders in making AR headsets, Microsoft and Magic Leap, are pursuing multiple verticals with their products, as both now appear to be interested in making AR headsets for the military.
On Wednesday, the tech world woke up to fairly shocking news with the announcement that AT&T would be the exclusive wireless carrier for the forthcoming Magic Leap One, as well as an investor in Magic Leap.
Whatever you want to call it for now—Android Nutella, Android Nougat, or Android 7.0—the upcoming "N" release of Android will surely bring in tons of new features and functionality. We know it will be named after a dessert, and we know that Google uses an alphabetical naming system, so something starting with "N" is next in line after Android 6.0 Marshmallow.
If all things go well, you'll only have to take your road test once. That's the goal: to ace your test on the first try and then start driving on your own. Granted, it's a nerve-racking experience, but keep in mind that the California Department of Motor Vehicles wants you to pass. So much so, they give you the examination answers ahead of time! All you have to do is study.
Over the past week, practically every major tech company working on augmented reality has held their quarterly earnings calls with investors, and each addressed or at least mentioned the role of AR during their prepared remarks. However, Facebook's earnings call had some of the spicier commentary on the technology.
Snapchat parent company Snap has opened up its war chest to acquire yet another company that will play a role in its augmented reality ecosystem.
The close of the second quarter of 2021 brought about a flurry of merger and acquisition and financing activity in the augmented reality industry, headlined by the acquisition of Ubiquity6 and JigSpace's new multimillion-dollar funding round.
While the Reminders app has been largely ignored by Apple for years, iOS 13 finally makes it a force to be reckoned with. The app has been completely redesigned with easier navigation and more useful features that can compete with other task managers. After giving the new Reminders a shot, you may want to ditch that third-party to-do app you've been using.
You're in constant communication with your friends and family. The only issue? Nobody uses the same app. Messenger, Instagram, WhatsApp — you have contacts spanning all three, and the resulting balancing-act to keep in touch can be overwhelming. That's why Facebook — who owns all three apps — is coming out with a way to call and message friends across all three platforms from one place.
The rise and fall of Meta, the Silicon Valley-based augmented reality startup that looked to challenge the likes of Microsoft's HoloLens, and others, took just six years.
As we move toward the end of the year, the wheels of the augmented reality space continue to shift in major ways.
This was a busy week in the tech space. After everyone got over the major announcements of Apple's latest, we examined the metaverse through the lens of Hollywood, and then took a closer look at Facebook's first smartglasses.
When it comes to the ever-shifting sands of the augmented reality space, you never know which week will end up being truly historic. Well, this one was one for the history books.
Amid a troubling resurgence in coronavirus cases, led by the new Delta variant, augmented reality is once again moving back into the spotlight as a solution, especially now that the move to return to offices has been stalled.
It's already been a banner year for mergers and acquisitions in the augmented reality industry, with WaveOptics and Ubiquity6 among the notable companies acquired. Two of the more active M&A players, Snap and Epic Games, continued their respective buying sprees this week with major deals supporting their AR strategies.