Followers | 2 |
Posts | 1540 |
Boards Moderated | 0 |
Alias Born | 05/06/2017 |
Thursday, November 05, 2020 10:26:31 AM
source
http://www.digitaljournal.com/pr/4867258
HONG KONG, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Mobius Trend releases a research report "Pokémon GO and WIMI Hologram AR have become typical application scenarios in the 5G era". AR is the killer application for 5G, and it is coming faster than anyone can imagine. The demand for VR/AR bandwidth is huge. High-quality VR/AR content processing moves towards the cloud to meet the growing experience requirements of users while reducing equipment prices. VR/AR will become the most potential high-traffic business in mobile networks. Although the average throughput of existing 4G networks can reach 100Mbps, some higher-order VR/AR applications require higher speeds and lower latency.
5G can make AR more immersive, with faster and more effective graphics loading, and lower latency can also significantly improve the game experience and gameplay. In the summer of 2016, the craze of Pokémon GO swept the world. The AR game brings a whole new experience to players by combining virtual and reality by using the camera on the phone. The game has been downloaded more than 1 billion times, attracted 147 million active users every month, and generated $3 billion in revenue at its peak.
Niantic, the developer of an augmented reality game, Pokémon GO, announced on September 1 that it will cooperate with 5G operators from North America, Europe, and Asia. In the context that is 5G technology deployed in wireless networks around the world, the use of the 5G technology is able to deal with rich AR scenarios, helping them to spread high-quality AR experience to millions of new users through 5G technology.
AR needs 5G, but 5G needs AR more. This cooperation can bring short-term and long-term benefits to AR technology developers (including Niantic). In addition, it is a necessary measure for 5G operators as they are transiting from the current 4G networks to 5G. In this process, it is necessary to show users the value of next-generation wireless networks.
As the gaming industry pays more and more attention to AR and VR, the consumer market ultimately needs a killer application that allows mainstream users to familiarize themselves with new technologies and applications. When the iPhone first came out, it was games like Angry Birds that taught consumers how to play games with a touch screen – touch screen games were new at that time. The concept of augmented reality has a long history. Given the popularity of Pokémon GO, it may be able to encourage and educate users to use AR technology. Mobile devices are one of the first mainstream devices that consumers are exposed to AR technology, but in the long run, companies such as Microsoft will launch high-end products like Hololens.
In 2016, the application market size of holographic AR in the entertainment industry in China is 600 million yuan, which is expected to grow at a CAGR of 83.5% from 2016 to 2020, and 92.8% from 2020 to 2025, reaching 180 billion yuan in 2025. This growth is attributed to the growing popularity of entertainment radio programs, especially live radio programs, including ceremonies, concerts, evening parties, and sporting events. Among these programs, AR has great potential. In addition, the enhancement of live broadcast functions brought by smartphones and other portable digital devices has also contributed to the growth. Relying on its leading original technical strength, WIMI will further empower the advertising and entertainment industry with "AI+AR", bring new impetus to advertising practitioners and partners, and jointly promote the innovation and development of China's holographic AR advertising entertainment and applications.
WIMI was founded in 2015. The company becomes one of the largest holographic cloud integrated technology solutions providers in China. The company offers one-stop services of holographic AR technology, such as holographic vision AI synthesis and presentation, holographic interactive software development, holographic AR advertising, holographic AR SDK pay, and 5G holographic communication software development.
The core of WIMI's business is holographic AR technology, which is used in software engineering, content production, cloud and big data, and it provides customers with AR-based holographic services and products. The products mainly include (i) holographic AR advertising services and (ii) holographic AR entertainment products.
WIMI's holographic AR entertainment products mainly include payment middleware software, game distribution platform, and holographic MR software. Payment middleware is a software solution that connects mobile applications to payment channels, making it easy for mobile application users to access a variety of online payment options. Cooperating with more than 55 application developers, WIMI's payment middleware has been embedded in more than 1,100 market mobile applications for more than 300 customers in 2018, most of which have AR functions.
WIMI's advanced payment middleware simplifies the often time-consuming process of mobile payment. Mobile payment middleware enables application developers to build an in-application payment infrastructure that enables small amounts of money to be paid or received through efficient and secure systems without any interface redirection. This mobile payment middleware enables application developers to store the user's payment credentials in a trusted and secure environment. Meanwhile, it relieves the user of the burden of repeatedly entering and verifying payment information for each transaction.
Recent WIMI News
- WiMi Developed a Swin-Transformer and Hash-based On-Chain Copyright Detection Technology • PR Newswire (US) • 05/06/2024 02:50:00 PM
- WiMi is Working on the Blockchain Collaborative Hybrid Consensus Algorithm to Optimize Blockchain Performance and Security • PR Newswire (US) • 05/02/2024 03:40:00 PM
- WiMi Hologram Cloud Announced the B-TEC Technology to Enhance Information Security • PR Newswire (US) • 04/23/2024 03:20:00 PM
- WiMi Announced GradingShard Blockchain Sharding Technology • PR Newswire (US) • 04/22/2024 02:30:00 PM
- WiMi Announced an Efficient Connectivity Solution Based on Blockchain Lightweight Architecture 5G IoT • PR Newswire (US) • 04/18/2024 03:00:00 PM
- WiMi Developed a Hybrid Machine Learning Model Based on VMD and SVR to Lead Bitcoin Price Prediction • PR Newswire (US) • 04/08/2024 12:30:00 PM
- WiMi Developed a Lightweight Software Architecture for Payment Systems on a Blockchain Multiplexing Platform • PR Newswire (US) • 03/25/2024 02:30:00 PM
- WiMi Developed a Lightweight Multi-sectoral Data Sharing System Based on Consortium Blockchains • PR Newswire (US) • 03/21/2024 03:00:00 PM
- WiMi Announced a Bitcoin TrustBlock Validator Ensuring Secure and Reliable Transactions • PR Newswire (US) • 03/20/2024 03:40:00 PM
- WiMi Developed a Lightweight Multi-sectoral Data Sharing System Based on Consortium Blockchains • PR Newswire (US) • 03/11/2024 12:30:00 PM
- WiMi Is Researching Blockchain Optimized Data Storage Model Based on Extreme Learning Machine (ELM) Sharding • PR Newswire (US) • 03/08/2024 03:50:00 PM
- WiMi is Researching Federated Blockchain Technology to Build a Decentralized File Storage and Sharing System • PR Newswire (US) • 03/04/2024 01:30:00 PM
- WiMi Developed a New Cryptocurrency Payment System Model Based on Polygon Blockchain • PR Newswire (US) • 02/28/2024 01:30:00 PM
- WiMi Developed Efficient Prediction Models for Cryptocurrency Markets Based on Machine Learning • PR Newswire (US) • 02/27/2024 01:00:00 PM
- WiMi Developed a Blockchain-Based Data Security Model for Large Private Network Transactions • PR Newswire (US) • 02/26/2024 03:30:00 PM
- WiMi Announced MHConsensus Blockchain Algorithm Achieving Efficient Data Management • PR Newswire (US) • 02/16/2024 01:30:00 PM
- WiMi Developed K-Means Algorithm-Based Technology to Improve Security and User Trust in Bitcoin Trading Platforms • PR Newswire (US) • 02/15/2024 02:30:00 PM
- WiMi Announced Weighted PBFT to Improve Blockchain Cross-Chain Consensus Algorithm and Enhance Security and Stability of Blockchain System • PR Newswire (US) • 02/12/2024 04:30:00 PM
- WiMi Announced Multi-View Representation Learning Algorithm for Data Stream Clustering • GlobeNewswire Inc. • 02/05/2024 01:00:00 PM
- WiMi Optimized Cloud Task Scheduling in Cloud Computing Using Group Intelligence Algorithms • GlobeNewswire Inc. • 02/01/2024 01:00:00 PM
- WiMi Developed Holographic Eye-Tracking Focusing System • GlobeNewswire Inc. • 01/29/2024 01:00:00 PM
- WiMi Developed An AI-driven Real-time Spatial Interaction Perception System for Interior Design • GlobeNewswire Inc. • 01/26/2024 01:00:00 PM
- WiMi Developed Interactive System Based on V-BCI Technology Incorporated into Holographic Glasses • GlobeNewswire Inc. • 01/24/2024 01:00:00 PM
- WiMi Developed an LSTM-based Data Analysis System • GlobeNewswire Inc. • 01/22/2024 01:00:00 PM
- WiMi Developed a Trimmed K-Means Algorithm to Detect Crypto Wallet Fraud on the Bitcoin Network • GlobeNewswire Inc. • 01/18/2024 01:00:00 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM