Editoria e Media
COVID-19 Social Distancing and Remote Workforces Will Accelerate Growth in Immersive XR Collaboration Revenue to Over US$400 Million by 2025
In contrast to the video conferencing hardware market, where Cisco continues to lead and other companies, like Logitech, take advantage of the shifting landscape, the XR collaboration space is far more nascent and diverse. There is a relatively wide array of companies approaching the market from different angles and while industries like Architecture, Engineering & Construction (AEC) and manufacturing have emerged as early adopters, the market is still undergoing significant development.
Immersive collaboration certainly has some big names like Microsoft, HTC, NVIDIA, Unity, and Facebook involved, but over 40 companies are targeting this aspect of the collaboration space. There have been some early market leaders like Glue, IrisVR, Spatial, The Wild, and VRtuoso, along with other companies offering different approaches to collaboration, ideation, or platform integrations like Imeve/Avatour, inlusion Netforms, Softspace, SPACES, and VR-on. "The high level of diversity in this aspect of the collaboration market will certainly be interesting to follow as the technologies, features, and services evolve and mature," Inouye concludes.
These findings are from ABI Research's Video Conferencing Hardware and Immersive Collaboration application analysis report. This report is part of the company's Video and Cloud Services research service, which includes research, data, and analyst Insights. Based on extensive primary interviews, Application Analysis reports present in-depth analysis on key market trends and factors for a specific application, which could focus on an individual market or geography.
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