XR and MEP (Q2 2023): Apple's Vision Pro fuels XR's cautious comeback as metaverse plummets
EDGE Insights
XR and MEP (Q1 2023): From virtual promise to metaverse hesitation
EDGE Insights
The Extended Reality journey: Are we there yet?
By Malitha Goonaratne · Apr 2, 2024
XR and MEP (Q1 2024): An Apple-backed XR spatial computing surge; Disney’s USD 1.5 billion fuels Fortnite expansion
Key takeaways
Product updates
CES heralded multiple XR device announcements: The XR industry recorded 15 device announcements in light of CES 2024, notably Sony’s spatial content creation system and the Snapdragon XR2+ Gen2 chip, offering improved spatial computing experiences for devices. The Apple Vision Pro launch saw over 1,000 apps being created for it, with non-entertainment use cases focusing on surgical visualization. Other players in the space recorded 34 software updates, focused on quality-of-life improvements for headsets and AR virtual try-on features.
MEPs focused on improving digital avatars: The MEP industry recorded 21 product updates, including two GenAI updates focused on streamlining virtual asset creation.
Contact us
Gain access to all industry hubs, market maps, research tools, and more
Get a demo
By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.