WIMI 5G Technology Creates New Dimension for XR, Metaverse Scopes Continue to Expand
XR refers to extended reality, including VR, AR, and MR. Using wearable devices and computer technology, XR can bring the real and virtual environment and human-machine interaction to the public, achieving the “immersive” experience of a seamless transition between the virtual world and the real world. . In fact, XR is not a new concept. As early as 2016, XR has already led the Times trend. This time, XR is making a comeback.
5G has grown rapidly over the past two years. Over 1.15 million 5G base stations have been built in China, making it the world’s largest and most technologically advanced INDEPENDENT 5G network. In the two years since 5G became commercially available, consumers are already seeing tangible benefits from faster internet speeds, easier viewing of videos, and easier games. This is supported by the rapid development of 5G network construction. China and the world have made remarkable progress in the development of 5G. A large number of 5G base stations provide consumers with powerful support to smooth internet surfing and meet the increasing demand for user traffic. The value of virtual access traffic has reached a new high.
The hot new trend – the metaverse had drawn more attention to XR. Metaverse is to create a virtual but realistic virtual society, from virtual reality VR technology to augmented virtual reality AR technology, mixed virtual reality MR technology and extended virtual reality XR technology, the emergence of these technologies enables for people to gradually enter the domain of the metaverse. A lot of people thought it was the start of the Age of the Metaverse, one of the main pieces of evidence is that XR technologies are relatively mature. At the CCTV 2021 Spring Festival Gala, for example, XR technology had Jackson Wong “popping up” on the stage to celebrate the New Year when he was not there due to his schedule.
In some reviews, the metaverse contains video games, AR / VR, virtual reality link, new social networks, etc. However, experts have put forward a more professional view that the nature of the metaverse is the ecology of the Internet with 3D interaction as the main next-gen increment. It’s a consensus, but also child’s play, with bubbles and risks. Eventually, however, the bubble will fade and the next generation of the internet with 3D and XR interaction like the new metaverse experience will finally come. Right now, what science and technology companies and society need to do is create this real virtual world through virtual reality technology.
Video games, social and virtual reality scenarios can be perfectly interacted and combined with XR technology in the metaverse. It’s safe to say that XR has created a whole new mode of smart mobile experience, and that’s to be expected in the future. As a new generation of communication network infrastructure, 5G can breathe new life into the evolution of XR technology and stage application. With the combination of 5G and XR, in the future, audiences will also be able to enjoy immersive viewing at home wearing XR devices, and even experience the charm of the stage from the singer’s first point of view, in order to get a richer music appreciation experience.
As the pioneer of holographic industry solutions and the leading provider of 3D computer vision technology solutions in China, WIMI.US explores the integration of 5G and XR technologies and vigorously develops the ecology of 5G + XR applications. It is actively exploring the synergistic development of Internet of Things and Industrial Internet, taking cloud services as the lower layer, cooperating with all kinds of XR enterprises, using advanced computer system supplemented by diverse terminals and taking full advantage of the benefits of 5G. high speed, low delay network. At present, WIMI has built a 5G + industry metaverse integrating cloud, network and terminal in advertising and entertainment, cultural tourism, education and advertising, commerce and exhibition and other industries, helping related industries to reduce the costs of using XR business and enabling industrial digital upgrading.
5G is a leading project in new infrastructure, an information connection platform for artificial intelligence, large data centers and other fields, and a driving force for the development of the XR industry. On the one hand, 5G technology solves WIMI XR’s short card with high bandwidth and low latency. On the other hand, 5G will also promote the realization of light XR equipment and effectively reduce production costs. Therefore, as the business side of 5G gradually opens up, the potential of WIMI XR will also be released. Learned that the holographic micro-beauty mainly contains engaged in the direction of 3 d holographic pulse LiDAR technology, holographic visual semiconductor technology, AR holographic virtual advertising technology, AR holographic virtual entertainment technology, technology AR holographic yuan the universe, virtual cloud services, and other cross-border services, to be able to use XR technology and multimedia integration, and then create a new field of interactive entertainment marketing.
From a long-term value perspective, the performance potential of the emerging Chinese market and the new value of the US market make WIMI’s business outlook sexier. WIMI has many years of experience in the XR holographic industry. As a listed company in the XR industry, it is also well known in the industry. Advertising and entertainment are the primary platforms for its value-added business revenue, and its advertising revenue is closely tied to WIMI’s overall performance. With the fervor of the metaverse, WIMI will benefit from the growing number of its service objects, and there is still a large room for the endogenous growth of value-added advertising and entertainment services. This means that WIMI Holography relies on business attributes to continuously enrich and improve XR content, data transmission and on-screen display effect, and bring audiences a deeper sensory experience. Advertising and entertainment can be extremely close to the metaverse industry dividend, WIMI to maintain rapid growth, the future in the field of metaverse applications will continue to develop.
As 5G scale deployment and application innovation continue to advance, the 5G + XR model is also spawning a host of new application scenarios including social, desktop, entertainment, business, and entertainment. exhibition and education, which will provide a large space for the development of the meta-industry of the universe. It is understood that at present, China Mobile, China Telecom, China Unicom are accelerating in the game, overcoming the technical problems of 5G and XR integration development, the development of industry-related standards to take the initiative on the track. Relying on the rapidly developing 5G communication technology, megnates are also increasing the layout and investments in THE XR field, intensively developing their own products and reserving their core technology patents. Apple, Google, META and Qualcomm are crazy about it.
The metaverse has great future scenarios with a wide range of applications. For example, a digital city can be built so that people can shop, go to concerts, socialize and have meetings in the virtual city through glasses or XR headsets without leaving their homes. For example, investors can research the factories and facilities modeled in the Metaverse in their offices around the world. The concept of the metaverse is that people can create a “parallel world” without the restrictions of the real world. Compared to the current reality which has gradually become “solid”, a parallel metaverse world beyond the imagination is more in line with the “oasis” to which the young people of the Z era aspire.
Technologies and products currently visible at the interface between virtual and reality, such as XR, have also lost their rhythm, and the level of investment and financing returned to its peak in 2016. It should be noted that, according to incomplete statistics, a total of 18 financing mergers and acquisitions were carried out in the XR industry in 2021, of which 6 domestic and 12 aboard, with a total value of about 600.39 million yuan. XR and other technologies and products are most likely to become a key to unlocking the door of the metaverse, following the steps of the meganates, it is more reasonable that that day eventually comes.
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