Current prototypes include Head Mounted Device System for ImGTS-BPSD, ImGTS-CP, ImGTS-CM, ImGTS-PD and Semi-CAVE System for ImGTS-BPSD and ImGTS-CP, aimed at serving Filipinos with disabilities by providing therapy through virtual experiences in a fun and engaging manner.
The Powertech Innovation and eXperience Lab (PIXL) is Meralco’s own virtual world rendering studio and metaverse that uses real world data to create simulations for training and education.
The pendulum for AR/VR headsets swung the other way through the course of 2022 as global shipments declined 20.9% year over year to 8.8 million units, according to new data from research firm IDC.
Enterprises across a wide variety of industries have great hopes for the potential of augmented reality (AR) and virtual reality (VR), with market size projected to reach $451.5 billion by 2030.
The Department of Trade and Industry (DTI), through the Philippine Trade and Investment Center (PTIC) in Jakarta, met recently with officials of PT WIR Asia to discuss the Indonesian tech firm’s plan to expand into the Philippines with an initial projected investment of $20 million for this year.
The growing popularity of gaming, as well as fitness, has helped spread consumer awareness of VR while companies like Facebook have made the tech more accessible.
Analyst firm ABI Research said it expects the virtual reality (VR) market to grow in 2020, passing $4.6 billion despite some negative impacts from the Covid-19 pandemic.