Techanix Group’s Post

Jack Soslow from a16z believes the moment is ripe for ARVR apps. I wholeheartedly agree. In his well-thought-out thread on X, he presented strong arguments about the market potential of AR/VR and the advantages of investing now. Here's a quick summary of what he highlighted, but I highly recommend reading the entire thread on X: https://lnkd.in/gz_y3uDy 🧐 Underestimated Market: Past setbacks have led many to overlook ARVR, yet Meta's ~30m Quest headset sales showcase strong market potential. 📈 Sales Growth: Meta's sales soared from 2M units in 2019 to 13M units in 2022, with a strong rebound in early 2024, driven by the Quest 2, an older yet popular device. 🎮 Youth Engagement: VR retains adolescent users as well as consoles do, suggesting a solid foothold in younger markets. 🚪 Entry Barrier: Success stories like Gorilla Tag show top VR games can be made with little to no funding, demonstrating a low barrier to market entry. 💰 Developer Returns: VR has enabled over 40 developers to earn >$10m; the platform offers lucrative payouts per developer. 🧠 Natural Fit: Humans have evolved with 3D spatial reasoning, making VR a natural extension of our innate capabilities, enhancing learning, and design experiences. 🤖 Tech Integration: VR blends digital and physical realities, ideal for applications in robotics and immersive tech. 📊 Market Potential: As VR tech matures and becomes more accessible, there's potential for new platforms to emerge, similar to early iPhone apps that defined their sectors. ⏱️ Strategic Timing: With low competition and high potential for returns, now is a strategic time to launch ARVR initiatives. Hit me up if you are starting or investing in a AR/VR business! #augmentedreality #mixedreality #virtualreality #spatialcomputing #applevisionpro #VisionPro #metaverse #a16z  ___ I'm Alex Chuang, Emmy-winning XR Producer, Co-founder of Shape Immersive, award-winning AI & 3D Studio I share the latest insights in #spatialcomputing daily. Follow me + hit 🔔 to stay in the know.

The future is here

Catch us on March 20th at Meta Innovation Day Sydney! Interested in #XR and how it can be rolled out in your organization? Register through the event link below 👇 #metapartner #metaverse #virtualreality #quest3 #metaquest #extendedreaality #edtech SkillsVR Meta for Work Meta Meta for Business

Yesterday at Meta Connect 2024, Mark shared Meta’s latest news and developments across mixed reality, AI, and wearables, all of which build toward our vision of an open, more connected future. 🤝   And I am deeply thankful and honored to be on this journey and introducing Meta Quest 3S to the world!  - our latest headset has the amazing mixed reality capabilities, best content library experiences with something for everyone (and Yes! It comes with the much-anticipated Batman: Arkham Shadow for a limited time!) , fast performance as Quest 3, and at an unreal price starting $299.99 USD! ✨ Add Meta Quest 3S to your holiday shopping list! 🎉 Watch our cool product intro https://lnkd.in/g2XXyu92 and find more details at https://lnkd.in/gFQa2pZb #mixedreality    #metaverse     #buildingthefuture #metaquest

Huge news from Meta! 💥 Meta is opening up the Meta Horizon OS to third-party hardware makers, unlocking a massive new ecosystem for #XR #Metaverse experiences. 🤯 Learn more 👉 https://lnkd.in/gz6VmSFr #Meta #MetaHorizonOS #SpatialComputing #Metaverse #VirtualReality #MixedReality #HMDs

It was wonderful to see lots of exciting announcements to come out of the recent Meta Connect conference. One of the most significant announcements is the Meta Quest 3S headset, which incorporates most of the great things about Meta Quest 3. The Meta Quest 3S offers a similar experience, with the same powerful Snapdragon XR2 Gen 2 processor, 8GB of RAM, and full colour passthrough, while opting for slightly less advanced displays and fresnel lenses to achieve a lower price point. This is fantastic news for enterprises as it lowers the barrier to entry for integrating VR into their operations. I'm thrilled because this will drive both consumer and enterprise adoption over the coming 12 months. In the short term, we are looking forward to seeing this translate to more uptake of Liminal VR as a tool for mental health and wellbeing in schools, workplaces, and healthcare settings. We've seen great adoption in the last six months and I anticipate that the affordability of the Meta Quest 3S will accelerate our growth and see further adoption of the mental health and wellbeing use case for VR. If you'd like to learn more, feel free to connect with me directly! Enterprise Enquiries: https://lnkd.in/gqqibJzq

Reality Labs in transition: Meta structures new departments for Metaverse and Wearables By restructuring Reality Labs, Meta aims to create an integrated product experience across hardware, software, and experiences. The post Reality Labs in transition: Meta structures new departments for Metaverse and Wearables appeared first on MIXED ... https://lnkd.in/eK4HJasN #AR #VR #Metaverse

Following Meta's recent announcement, I wanted to highlight the exciting news about Horizon OS! Meta is taking a big leap forward by opening up Horizon OS, the operating system powering their VR experiences, to third-party hardware manufacturers. This move signals a shift towards a more open metaverse, encouraging collaboration and innovation. Here's what this means: 𝗠𝗼𝗿𝗲 𝗩𝗥 𝗛𝗲𝗮𝗱𝘀𝗲𝘁 𝗢𝗽𝘁𝗶𝗼𝗻𝘀: Get ready for a wider variety of VR headsets from brands like Asus and Lenovo, all running on Horizon OS. 𝗔 𝗧𝗵𝗿𝗶𝘃𝗶𝗻𝗴 𝗩𝗥 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺: With more players involved, expect a surge in VR app development and a richer user experience. 𝗔 𝗨𝗻𝗶𝗳𝗶𝗲𝗱 𝗠𝗲𝘁𝗮𝘃𝗲𝗿𝘀𝗲:The Meta Horizon Store will become the central hub for VR apps, accessible across all Horizon OS devices. This is a significant development for the VR industry, paving the way for a more accessible and diverse metaverse experience. What are your thoughts on Meta's decision to open up Horizon OS? Share your comments below! Stay tuned with us for more exciting updates. Video credit:- Meta for Work #Metaverse #HorizonOS #VR #Meta #OpenMetaverse

𝗨𝗻𝘃𝗲𝗶𝗹𝗶𝗻𝗴 𝗮 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝗧𝗲𝗰𝗵 𝗔𝗹𝗹𝗶𝗮𝗻𝗰𝗲: 𝗠𝗲𝘁𝗮 & 𝗚𝗼𝗼𝗴𝗹𝗲 Reported by The Information, Google and Meta had high level meetings last year to explore an exciting idea; what if Meta’s tech prowess met Google’s Android XR? Together, they could redefine the world of VR and AR. 𝗧𝗵𝗲 𝗣𝗮𝘀𝘁 𝗮𝗻𝗱 𝗣𝗿𝗼𝗺𝗶𝘀𝗲 𝗼𝗳 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻 Their history is complex. Meta’s Quest VR runs on a Google OS tweak, but Google’s new pitch was about true integration, aiming to unlock untapped potential. 𝗖𝗵𝗼𝗼𝘀𝗶𝗻𝗴 𝗜𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝗰𝗲 𝗢𝘃𝗲𝗿 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 Yet, Meta chose a different path, aiming to pioneer AR and VR innovations on its terms, proving their commitment to leading through innovation. 𝗘𝘅𝗽𝗮𝗻𝗱𝗶𝗻𝗴 𝗛𝗼𝗿𝗶𝘇𝗼𝗻𝘀 But there’s more. Meta’s also eyeing collaborations beyond Google, like with LG Electronics, hinting at new, exciting ventures. 𝗥𝗲𝗳𝗹𝗲𝗰𝘁𝗶𝗼𝗻𝘀 𝗼𝗻 𝗧𝗲𝗰𝗵’𝘀 𝗙𝘂𝘁𝘂𝗿𝗲 This story opens a broader conversation about tech collaborations and competitions. How will Meta’s strategic moves shape our digital future? Interested to hear your thoughts on this, and is this a missed opportunity by Meta? #VR #AR #meta #google #androidxr #xrnews #quest3 #samsung

🥽 Are you buying one? Images of the new Meta Quest 3S start to surface online. Expected to be launched next week: This might end up becoming one of the biggest entrance doors to VR/XR ever. I've talked about the new Quest 3S in a few previous posts already. It's supposed to be a lighter version of the Quest 3, with XR enabled, for people who can't afford the Q3. We don't have full specs, but it'll definitely have lower processing power, with the same battery! At the end of the day, we're talking about: - A light device (potentially the lightest out there, might be lighter than the Q3) - Enough processing power to run most modern stuff (similar to a Quest 2 power) - Same battery of the Q3, which means more hours of usage - Lower price! If you thought $500 was affordable, this should come for less It's supposed to be released next week, during Meta's Connect 2024. So if you still have a Quest 2, the time to sell it is NOW! What are your thoughts? ==== 🔔 Click the notification bell on my profile and follow #DailyEly to keep up with #Metaverse Marketing and related trends. 👾 DM me if you'd like to join our Metavertising Telegram group or our AR/VR/3D job opportunities Telegram group. #MetaverseMarketing #MetaverseNews #SpatialMarketing #SpatialComputing