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ar and vr

AR and VR Market Estimated to Reach US$252 Billion by 2028

AR and VR market to grow at 36.9% CAGR and reach US$252 Billion by 2028 Augmented reality (AR) and virtual reality (VR) are two technologies that enable users to experience immersive and interactive digital environments. AR overlays digital information onto the real world, while VR creates a fully simulated environment that blocks out the real world. Both technologies have applications in various domains, such as entertainment, education, healthcare, retail, tourism, and industrial sectors. The global AR and…

Snap Founder Slams the Metaverse, Apple Marketing Chief Says He Won’t Use the Word

Billionaire Snap founder Evan Spiegel rubbished the idea that future computing will migrate into a virtual world dubbed the metaverse, arguing most people prefer a lighter touch known as augmented reality. Augmented reality, which broadly speaking superimposes digital info on the real world, lets people harness computing power without forcing them to rely on a single screen, Spiegel said. Unlike a VR headset, the combination of phones and augmented glasses is “more immersive.”“The metaverse is ‘living inside of a…