From real virus to virtual turnaround, quickly
Primary school students from Yinchuan, the Ningxia Hui autonomous region, experience VR headsets on June 29. The COVID-19 outbreak catalyzes digital transition, revives flagging technologies The fifth-generation wireless technology is becoming a big enabler of virtual reality and augmented reality industries, as 5G opens new possibilities by providing high bandwidth, low lag times and massively collaborative on-demand contextualized experiences, company executives and industry observers said. Specifically, the spending on AR and VR in the Asia-Pacific region will reach $28.8 billion by 2024, and the China market represents the largest AR/VR spending in the Asia-Pacific region－with more than 90 percent share in 2020, IDC said. Deepan Pathy, research manager of Future of Work, AR/VR and Mobility research at IDC's Asia-Pacific region, said: "With customer and employee engagement gaining prominence, spending intent on AR/VR is rapidly accelerating. Yuan Min, deputy general manager of Migu Video, a subsidiary of Chinese digital content provider Migu, said VR is a major 5G-powered application and is closely linked to the development of 5G.
Mixed Reality Headset Market In Asia-Pacific Region To Grow Big In Five Years
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