Augmented Enterprise Summit 2024 will kick off this week on October 15-17, showcasing how industry-leading companies are driving AR/VR/MR innovation towards a office revolution. AES will host world operations this 12 months, uniting the {industry} throughout the three-day occasion in Dallas, Texas.
AES 2024 is platforming XR corporations akin to Meta, Qualcomm, XREAL, HTC VIVE, and RealWear, showcasing the merchandise and applied sciences which are altering the {industry} and enterprises right this moment and sooner or later.
Some featured applied sciences at AES 2024 embody digital twins, haptics, avatars, blockchain, wearables, VR headsets, AR sensible glasses, and extra. Furthermore, the occasion will characteristic a wealthy expo flooring, the place a broad record of featured distributors and applied sciences will probably be on show for attendees.
Furthermore, AES is keenly showcasing how corporations leverage XR applied sciences, with keynotes and talks from representatives of major world operations leveraging AR/VR/MR to boost workflows. A few of this 12 months’s featured end-user visitor audio system cowl corporations akin to Coca-Cola, Disney, FedEx, and Nestle.
The occasion comes simply weeks after Meta Join once more took over XR headlines with a deep record of revolutionary applied sciences like Orion. Within the occasion’s fallout, occasions like AES assist make clear a busy know-how market, displaying how XR can remodel companies right this moment.
Making ready for 2025
The occasion comes as 2024 enters the vacation interval. As 2025 and the second half of the last decade strategy, the XR revolution is anticipated to kick off, main in the direction of 2030.
If forecasts are to be believed, the XR market is seeking to shift away from VR headsets and in the direction of viewers adoption of AR and MR units, resulting in wider worth attributes to related applied sciences.
Based on a report from VarifiedMarketReports, the 3D geospatial market is anticipated to develop considerably within the coming years, reaching $16.2 billion by 2030, up from $8 billion in 2024. This development is attributed to the growing reputation of AR location-based shopper and enterprise purposes. The report additionally predicts a 20.3% annual development fee from 2024 to 2030 and highlights the involvement of main know-how companies akin to Hexagon, Atkins Plc, and Topcon.
As well as, a report from ResearchAndMarkets focuses on the worldwide marketplace for sensible augmented actuality glasses. It mentions that the market reached roughly 678,600 items in 2023 and is anticipated to develop to 13 million items by 2030, representing a 53.0% annual development fee. The report additionally forecasts development in each the US and China markets.
Moreover, Evolve Enterprise Intelligence’s augmented actuality and digital actuality report means that the market measurement might attain round $374 billion by 2033. The report covers numerous sectors akin to gaming, leisure, healthcare, training, retail, and manufacturing.
Nevertheless, IDC reported a major lower in world AR/VR headset shipments within the first quarter of 2024, with a 67.4% year-over-year decline. This decline primarily affected VR headsets, as customers shifted their focus to MR/AR units.
