Metaverse report--Future is here: Global XR industry insight

XR refers to creating a virtual manmachine interaction environment by combining the real and the virtual through a computer. XR is a general term for VR (Virtual Reality), AR (Augmented Reality), MR (Mixed Reality) and other technologies. At present, VR devices account for nearly half of the market share, AR for about a third, and MR for the rest. As the development of 5G technology and network empowers more application scenarios, combined with the integration of AI technology with computational vision and the innovative functions of hardware, VR and AR technologies and applications will become more integrated and interoperable. It is here that the MR and XR concepts emerge. XR will create a world where the virtual and the real are completely intertwined.