WiMi Hologram Cloud Inc (WIMI)

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Meta universe is the fuse of holographic AR/VR, WiMi Hologram leads the construction of underlying technology.

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https://inf.news/en/tech/8c3ef015c6f41a3c869de2704a7a03f5.html

2021-10-14 05:37 HKT

Meta Universe is the real future of the digital world. 2021 is a year when the concept of Meta Universe is popular all over the world. Technology giants continue to make arrangements to obtain tickets to Meta Universe.

Meta universe is the fuse of holographic AR/VR, WiMi Hologram leads the construction of underlying technology.

What is the meta universe? This is a collection of virtual time and space, composed of a series of augmented reality (AR), virtual reality (VR) and the Internet (Internet). Currently, the supporting industry of Metaverse is AR/VR. Using this as an interface to enter a virtual world parallel to reality and give people an immersive experience is one of the main understandings of the concept at present. Therefore, because AR/VR is the key to the meta-universe world, the recent popularity of the “meta-universe” topic has made the AR/VR circle the most popular “fragrance”, which has become the entire capital, technology, and Internet. The “focus” of each industry.

According to Bloomberg Information, by 2024, the market size of Meta Universe will reach 800 billion US dollars. PricewaterhouseCoopers predicts that Meta Universe will reach US$1.5 trillion in 2030. The 1.0 era of the first stage of the meta universe is mainly for the To C market represented by social networking and entertainment. A number of technology companies have already deployed. For example, Facebook (FB.US) has just established a meta universe team, relying on the original social applications, Oculus VR hardware devices, Horizon and digital currency to create their own meta universe world. In addition, "Meta universe holographic AR first unit "WIMI.US" also established the "Meta Universe Division" in August to explore the meta universe world in a deeper level.

Although the era of the ultimate meta universe (meta universe 3.0) is still far away, the first stage of the meta universe (1.0 era) is currently in place. Some related technologies have already been implemented and some applications have begun to be commercialized. There will be more technology applications in the future. Going to maturity.

VR/AR is the entrance to the Metaverse virtual world. China Securities Investment believes in a recent research report that for the VR industry, IDC expects a compound growth rate of 41.4% in the next five years. VR/AR is expected to become a super category after mobile phones, with a broad industry space. The VR/AR market will be worth 17.25 billion U.S. dollars in 2020 and is expected to reach 184.66 billion U.S. dollars in 2026, with a compound annual growth rate of 48.7% from 2021 to 2026.

Facebook's Zuckerberg believes that about 10 million people need to use and purchase VR content on a platform to enable developers to continue to develop and profit; and once this threshold is exceeded, the content and ecosystem will achieve leapfrog development. With the improvement of VR/AR hardware performance, rich content ecology, and attractive product sales prices, this year's shipments exceeding 10 million or a singularity will come. In the next few years, as technology giants, such as Apple, release VR/AR products, it will also drive the development of the entire industry and the popularization of hardware, opening the door to the meta universe.

With the development of hardware platform and technology, Metaverse will break through the initial social entertainment attribute boundary in the second stage to realize the true Internet including To B, such as Microsoft from hardware, game platform, cloud service, XR Hololens and Mesh- The XR content platform has completed a relatively complete layout; NVIDIA has created the Omniverse industrial meta-universe platform and has begun to cooperate with companies to help improve efficiency. 3D rendering and physics engine technologies also have technical reserves.

With the continuous expansion of the "Meta Universe", as the "Meta Universe Holographic AR Concept First", WIMI.US (WIMI.US) has already begun its exploration in the field of Meta Universe. In terms of meta-universe holographic applications, WiMi Hologram stores nearly 5,000 holographic IP rights content libraries. In terms of meta-universe holographic hardware, WiMi Hologram has launched a new augmented reality (AR) head-mounted display (HMD)-"WiMi HoloAR lens".

It is understood that WiMi Hologram is currently the world's leading holographic platform. After five years of development, it has established a relatively complete holographic technology research and development system, holographic content production and storage system, and holographic commercialization system. In addition to WiMi Hologram, not long ago, Facebook also announced that the relevant directors of Metaverse have been promoted to CTO to promote the development and upgrade of AR and VR hardware. In August of this year, Facebook released the collaborative office social platform Horizon Workrooms. And Cook has repeatedly "confessed" his love for AR technology. Not only that, Cook also believes that AR will be Apple's next "node", and Apple has invested a research and development team of nearly 1,000 people to explore this new field. This is enough to prove that AR has ushered in an inflection point in the consumer market, and another "war of the century" between major technology companies has begun.

Nowadays, "Meta Universe" technology highly relies on virtual reality and communication technologies such as AR, VR, 5G, cloud computing, but compared with the current level of AR and VR technology, "Meta Universe" is in terms of immersion, participation, and sustainability. The requirements are higher. Of course, the meta-universe world, which is difficult to distinguish from reality, may be far away from us, but with the continuous development of AR/VR, cloud computing, AI, and 5G technologies, the realization of the meta-universe concept is only a matter of time.