Virtual and augmented reality

#Virtualandaugmentedreality (#VAR) space has seen a rapid surge in #patent grants over the last 2-3 years with elevated interest from #venturecapital #investors. These are solid innovation fundamentals for future evolution and adoption of the technology.

For instance, #Facebook began its #metaverse journey by rebranding itself as #Meta. Currently, almost a fifth of #Meta employees are working on #augmentedreality (#AR) / #virtualreality (#VR) technology, and the company is betting AR/VR to be the next major computing and #socialmedia platform to enable ‘being present with people in digital space’.

GlobalData Plc has recently launched ‘#TechnologyInnovationIntensity (TII)’—a coherent, data-driven framework to identify top #startups in VAR space with a high probability of becoming #unicorns.

Sign up to navigate the complex and rapidly evolving technology innovation landscape and its lifecycle stage with more confidence here – https://lnkd.in/gT6EVrYq

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