AR/VR: Three predictions for 2023

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smart2zero.com, Nov. 15, 2022 – 

Market research firm IDTechEx presents three predictions in augmented and virtual reality for 2023 and beyond. The developments it expects, amongst many others, suggest 2023 will be an exciting year for XR, says the firm.

In 2022 The popularization of the metaverse concept raised massive interest in augmented and virtual reality (AR/VR) devices as the gateway to this future vision of the internet, with excitement gathering over an expected revolution in how users communicate. Arguably "metaverse" became one of the words of the year.

However, many investors cannot clearly explain what the metaverse is and a sharp transition from hype to disillusionment is underway. The vision of an open 3D internet which seamlessly exists alongside the real world and allows participants to take their identities and avatars between different interoperable virtual spaces is poorly understood.

Instead, says the firm, media reports increasingly tend to classify the concept as any 3D open world, which somewhat undersells the idea: calling Roblox or Meta Horizon Worlds "the Metaverse" is like calling Google "the Internet." When considering the development of this next iteration of the internet, it is important to look beyond opinions on any one company and assess the industrys movement as a whole. 2022 has marked the earliest stages of massive collaboration toward getting the metaverse right.

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