The Chinese authorities have published a national plan for the development of the virtual reality industry, which provides for the supply of 25 million relevant devices by 2026 with a total value of more than $48 billion. The Register.
The strategy was presented in a joint statement by five departments led by the Ministry of Industry and Information Technology. They named virtual reality as a key industry for the digital economy in the fourteenth five-year plan.
The document reflects Beijing’s ambition to become a leader in the VR technology market and sets precise goals. However, the plan does not specify whether the specified 25 million units are for annual or cumulative shipments through 2026.
The strategy includes augmented and mixed reality in the definition of virtual.
The plan calls for extensive research into technologies that will enable more immersive VR. Among them: gesture tracking, gaze and facial expressions, body motion capture, high-precision understanding of the environment, 3D reconstruction, imitation of smells and touches.
Authorities are also pushing to explore the use of edge computing to render 5G content and find ways to quickly connect devices to VR headsets.
The strategy takes into account the research and creation of neural interfaces necessary for the “development of sensory interaction in the direction of naturalization, situationalization and intelligence.”
The plan also includes smartphone upgrades. According to the authorities, the gadgets require improvements to be used as virtual reality displays.
According to the document, China needs an open VR platform that allows multiple people to work together and interact.
Companies need to create all the solutions in the plan with an eye on applications in the arts, tourism, sports, safety training in difficult conditions.
In the first half of 2022, China produced more than 0.5 million virtual and augmented reality headsets, according to IDC researchers. Analysts predict that shipments will exceed 50 million units in four years.
Also, according to the plan, by 2026, the Chinese authorities will need to develop 100 key companies and form 10 public information platforms for the VR industry.
According to a report by the Chinese Academy of Information and Communication Technology, the state’s motivation in this area should be seen in the context of the fact that the US and South Korean governments have identified virtual reality as an important industry.
The document also makes reference to companies like Meta, Microsoft, Apple, Google, and Tencent that are actively developing VR technologies.
Recall that in January it was revealed that South Korea will allocate $7.5 billion for the development of the K-Metaverse and national AI.
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The Chinese authorities have published a national plan for the development of the virtual reality industry, which provides for the supply of 25 million relevant devices by 2026 with a total value of more than $48 billion. The Register.
The strategy was presented in a joint statement by five departments led by the Ministry of Industry and Information Technology. They named virtual reality as a key industry for the digital economy in the fourteenth five-year plan.
The document reflects Beijing’s ambition to become a leader in the VR technology market and sets precise goals. However, the plan does not specify whether the specified 25 million units are for annual or cumulative shipments through 2026.
The strategy includes augmented and mixed reality in the definition of virtual.
The plan calls for extensive research into technologies that will enable more immersive VR. Among them: gesture tracking, gaze and facial expressions, body motion capture, high-precision understanding of the environment, 3D reconstruction, imitation of smells and touches.
Authorities are also pushing to explore the use of edge computing to render 5G content and find ways to quickly connect devices to VR headsets.
The strategy takes into account the research and creation of neural interfaces necessary for the “development of sensory interaction in the direction of naturalization, situationalization and intelligence.”
The plan also includes smartphone upgrades. According to the authorities, the gadgets require improvements to be used as virtual reality displays.
According to the document, China needs an open VR platform that allows multiple people to work together and interact.
Companies need to create all the solutions in the plan with an eye on applications in the arts, tourism, sports, safety training in difficult conditions.
In the first half of 2022, China produced more than 0.5 million virtual and augmented reality headsets, according to IDC researchers. Analysts predict that shipments will exceed 50 million units in four years.
Also, according to the plan, by 2026, the Chinese authorities will need to develop 100 key companies and form 10 public information platforms for the VR industry.
According to a report by the Chinese Academy of Information and Communication Technology, the state’s motivation in this area should be seen in the context of the fact that the US and South Korean governments have identified virtual reality as an important industry.
The document also makes reference to companies like Meta, Microsoft, Apple, Google, and Tencent that are actively developing VR technologies.
Recall that in January it was revealed that South Korea will allocate $7.5 billion for the development of the K-Metaverse and national AI.
Subscribe to Cryplogger news in Telegram: Cryplogger AI – all the news from the world of AI!
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