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With metavers Expected Significant hardware upgrades are needed today for real visual experiences tomorrow, to reach $ 800 billion in revenue over the next two years through social media advertising as well as hardware, software and live entertainment opportunities.,
The concept of living in a digitally created world has been featured in numerous Hollywood films that seek to escape reality and plunge into an alternative universe. Until recently, this virtual world was generally regarded as a vehicle for more immersive gaming experiences, but now the concept of metavars has evolved rapidly into a huge opportunity for wealth – and companies are already beginning to invest in it.
As the year 2021 approached, a letter written by Facebook at the time, now Mark Zuckerberg, the founder of Meta, sparked a worldwide conversation about the future of immersive technology and what is possible in metavars. In the ad, Zuckerberg discussed how, in the company’s redesigned platform, people could do almost anything. “Get together with friends and family, work, learn, play, shop, build … You can instantly teleport as a hologram in the office, in concert with friends or in your parents’ living room without having to travel. To catch up,” Wrote the chairman.
However, many are left with questions about what exactly metavars is and how it will affect or can affect everyday life. Although it can often mean different things to different people, metavers are a shared virtual space and an integration of digital and physical realities. The New York Times recently described Metavers as “virtual reality and digital second life … [where] We will spend a lot of time communicating with our friends and colleagues in the virtual space… we will spend money there too. ”
It is important to note that metavers can only be realized through technology that enables it. Augmented Reality (AR) and Virtual Reality (VR) provide the primary link to enter this alternative universe. With AR technology, users are operating a device that is essentially a lightweight, handheld or hands-free, immersive and wearable computer.
Magic Leap’s tech specs, for example, support a wide 50-degree field of view (FoV), high resolution with 1.3m pixels per eye, superfast 120Hz refresh rate and 16.8m colors. And with their new Magic Leap 2, which will be released later in 2022, more dramatic improvements of numerous dimensions can be imagined. AR glasses and their handheld controllers are used to work productively in the expanded real world through high-quality simulations for individuals or teams. On the other hand, with VR technology, users enter the digital world in a 3D experience that feels alive through advanced headsets and controllers. For example, Valve’s hardware uses visual, audio, and ergonomic technologies to create a captivating experience for users, including optimization for FoV, dual-element lenses, cantilever optics, and long-term comfort.
In the European Union, 10,000 new jobs related to Metavers are expected to be created by 2026 to help build new computing platforms. Digital spaces where people can visit places and meet other avatars are also being sold for huge sums, with a virtual real estate plot recently being bought in cryptocurrency for 2.4 million. Conversations don’t even end on virtual ground. Shy since the beginning of 2022, a three-story yacht that only exists in Metawars was also purchased for $ 650,000, complete with a DJ booth, hot tubs and two helipads. Although metavars have the power to be more dangerous than social media, such as through the simplicity of misinformation or deep fabrication, it is quite possible that it also has the potential to become something on which people quickly become dependent and technology. Without which it is very difficult to live.
The current shock of legacy devices in the digital space
It is clear that metavers will have a huge impact on the economy and our lifestyle as its adoption becomes more prevalent. In fact, it’s already here with games like Fortnite, which already has over 350 million registered users in 2020 and the most recent સમાચાર 68.7 billion news since Microsoft announced the acquisition of its Activision Blizzard Inc. In early 2022. Bloomberg estimates that the market size for Metavers could reach $ 800 billion in revenue over the next two years through social media advertising, hardware, software and live entertainment opportunities.
However, for Metavers to be truly beneficial to both private and business users, real-world visual experiences require significant hardware upgrades. Traditional hardware such as cellphones and computers do not provide the feeling resulting from innovative hardware and there are various optical design challenges that need to be addressed to meet the technological needs of Metavers. Today, although many people are definitely attached to their phones, most are no longer interested in holding a small screen at eye level.
With the advancement of projection systems, optic sensors, AI, spatial light modulation and precision mechanics, advanced technology is required. With AR glasses, VR goggles or haptic gloves, the virtual world looks real and is directly in front of you compared to phone usage, where AR can only be felt in a small field of vision and lacks haptic emotion. With applications such as new optical electronic technologies and advanced sensing, which are important for gesture recognition, and displays that allow the transition from the real world to the virtual world and to visualize content, more realistic interactions are possible within metavores.
The evolution of holographic optical elements (HOEs) also makes the experience more realistic and impressive due to their light weight, thin form factor and low cost in 3D displays. Legacy devices lack the ability to provide impressive connections between the digital and physical worlds that are seamless and interchangeable.
Hardware innovation for the future within Metavers
The future undoubtedly involves technology that will always be evolving. While software is almost there, manufacturers who are one-stop-shop and have experience creating new and innovative hardware will allow companies to overcome many of the hardware barriers expected to enter Metawors with innovative specs.
In developing these innovations it is important to collaborate with a trusted production partner who has established global experts in optical systems and technology. Access to Metavers is also a challenge as billions of people need affordable AR / VR solutions. This requires a well-established understanding of engineering, design and production to provide complex optical and cost-effective solutions in high volume.
The importance of the hardware’s compact form factor, precise adaptation of the field of view (FoV), high resolution, and extensive FoV requirements begins with precise optical alignment on the manufacturing floor. To satisfy the viewer, a final experience will be the hardware that relaxes by immersion through social ability, visual perception and wearability, as well as resolution, gestures and haptic interactions.
With the right advances in optics technology, sensing and display, Metavers will become as big as the Internet in the future. And, with more than half the world’s population, or more than 4.5 billion people, estimated to have access to the Internet, that is a lofty but plausible goal.
Simon Schweinger, Business Competence, Jebel Optics Germany GmbH
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