Artificial Intelligence will Facilitate Growth of Innovative Kinds Of VR and AR Platforms

Artificial Intelligence (AI) is a key driver for innovation in the global digital reality market, which includes immersive technologies such as virtual reality (VR), augmented reality (AR), X Reality (XR or Cross Reality) and Artificial Intelligence (AI) itself. Various reports project that advancements in technology such as 5G, artificial intelligence, edge computing, and robotics are expected to transform the augmented and virtual reality experiences in the near future. One by ResearchAndMarkets stated that: "The immersive technology market, including augmented and virtual reality, is expected to see huge growth in the next 5 years. Technological advancements such as 5G and artificial intelligence will transform the augmented and virtual experiences in the future. Some of the significant impacts of 5G across sectors could be enabling virtually crafted workplaces and fully interactive and emulating in-office work environments. Active companies in the markets this week include Micron Technology, Inc. (NASDAQ: MU), Hawkeye Systems, Inc. (OTCQB: HWKE), NVIDIA Corporation (NASDAQ: NVDA), Intel Corporation (NASDAQ: INTC), International Business Machines Corporation (NYSE: IBM). The report projected that: "The AR and VR market revenue is expected to reach $55.01 billion by 2021.