Microsoft is reportedly preparing to compete with Apple’s Vision Pro headset. The giant wants to develop new hardware in partnership with Samsung.
This would mean that five of the ten most valuable companies in terms of market capitalization – Apple, Google, Meta, Microsoft, and Nvidia – are currently investing in new equipment for the metaverse.
A massive investment in the metaverse
Microsoft plans to order hundreds of thousands of OLED panels from Samsung. The goal is to produce a device in series by 2026.
It would be a headset designed for spatial computing as opposed to virtual reality. The device was not specifically intended for the metaverse. Indeed, any display device, including a computer monitor, could interact with it. Spatial computing devices simply offer a different level of immersion.
The metaverse, an expanding market
The metaverse is not a single location, just as the internet is not. People interacting with metaverse applications have the same options as those interacting with any other form of networked digital communication: screens.
Some screens are large, like televisions. Others are small, like those inside a virtual reality headset. Contrary to what the tech media world might want you to believe, the virtual reality and metaverse hardware market is expanding.
The hype and confusion surrounding the exact definition of the metaverse over the past few years have given the impression that it was dying. However, several pieces of evidence suggest otherwise.
Apple is working on a successor to its Vision Pro, a spatial computing device used by more than half of the Fortune 500 companies. Google is working with its former partner, Magic. The goal is to develop a new mixed reality headset despite past failures.
Moreover, Meta continues to pour billions of dollars into its metaverse division.
Meanwhile, every inch gained in the quest to integrate the general public into the metaverse represents a victory for Nvidia. Indeed, GPUs power both the graphics and the artificial intelligence necessary to bring digital realms to life.
Furthermore, Microsoft’s project brings the total number of companies among the top ten global market capitalizations developing new equipment for the metaverse to five.
We look forward to seeing the next developments in the cryptographic ecosystem!
Coinbase
- Regulated exchange
- An easy-to-use platform
- Free crypto training offered
Coinbase
