With the rising penetration of smartphones and mobile devices, and the increasing adoption of XR technologies, the market is expected to grow significantly in the forthcoming years.However, the lack of an effective immersive experience is one of the main challenges to hamper market growth.
Therefore, research institutions, start-ups, and industry stakeholders are accelerating technology development to overcome such issues.In this report, several key technology drivers that can improve immersive experiences are analyzed, including higher screen resolution display, enhanced tracking and positioning technologies, high bandwidth and low latency network, enhanced rendering processing, AI-based content production, and cloud-based services.
These technologies improve the immersive experience and provide a cost-efficient solution, resulting in increased market penetration across industries and consumers. In brief, this report will touch upon the following points:Overview of extended reality (XR) Key drivers and challengesGlobal landscape and ecosystem in the XRKey technology drivers for immersive experienceRecent key innovations and trendsCompanies to actionGrowth opportunities and strategic recommendations
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Summary
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