Smartphone Giants proceed investment in digital fact gadgets - research and Markets - PR Newswire (press unlock)

DUBLIN, February 9, 2016 /PRNewswire/ --

A recent record published on analysis and Markets has predicted that the digital reality market will attain a price of $15.89 billion by way of 2020, with smartphone penetration expected to build an important marketplace for cellular gamers. Following within the footsteps of HTC & Samsung, news broke[1] this week that Google have been setting up their own virtual-reality headset for smartphones.

     (emblem: http://photographs.prnewswire.com/prnh/20130307/600769 )

the brand new headset will characteristic more desirable sensors and lenses and is anticipated to be launched later this year. Like Google's Cardboard, released in 2014, this new headset will characteristic using an present smartphone, slotted into the equipment, for its display.

A record on digital truth within the international gaming market highlighted the swift boom of the smartphone market as a key driver, with close to 2 billion smartphones expected to be shipped by way of 2019-2020. It forecast the market to develop at a CAGR of 25.97% because of this. It notes that smartphones offer advantages corresponding to portability, untethered aspect, ease of use and gives an enhanced viewing and gaming journey. These developments are expected to have a favorable have an impact on on the buyer section, triggering VR expertise's acceptance available in the market.

Google has additionally closely invested in mixed-truth firm Magic leap, with CEO Sundar Pichai sitting on the startup's board. even if it hasn't launched a product yet, Magic start these days raised practically $800m from buyers including Alibaba, Warner Bros and Google.

combined truth expertise combines the virtual fact world of CGI with the true-world environment. It presents greater realism than universal digital truth and enabled the user to engage with designs in true-time. The global combined truth market is estimated to be valued at $453.four million by way of 2020, growing to be at a CAGR of 75.2% between 2016 and 2020.

For further information on this subject, and a full record of all linked documentation, please discuss with the digital and Augmented reality section at http://www.researchandmarkets.com/rm/LIIM.

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analysis and Markets is the world's leading supply for overseas market research experiences and market records. We provide you with the latest facts on overseas and regional markets, key industries, the exact companies, new products and the newest trends.

[1] supply: economic instances, Google pushes additional into digital truth with new headset.

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