Goldman Sachs expects Apple to launch Metaverse product in early 2023

- Advertisement -

Goldman Sachs analysts say virtual reality platforms will grow rapidly by 2023.

Banks are more active about VR compare to AR because VR products are already usable at the moment and they hope the hardware will develop in the near future.

- Advertisement -

The report said "main race" VR is between Apple , and Meta (FB). Apple may be trying to expand its ecosystem and Meta is looking to build a user base through “Attractive hardware prices and compelling experiences”.

VR platform technology is getting better and better but so far “did not resonate with many users,” Goldman said.

VR platforms are set to grow rapidly in 2023, and sales of these products will depend on the amount of convenience consumers gain from using them, the note added that VR can become a part indispensable of working remotely if some problems are resolved.

Bank expects Meta Platforms to launch product Quest Pro this fall and Apple will launch its own product in early 2023.

Rate this post
- Advertisement -

COMMENT

Please enter your comment
Please enter your name here

This website uses Akismet to limit spam. Find out how your comments are approved.

Maybe you are interested

Chinese University established metaverse major

Nanjing University of Information Science & Technology has renamed its 25-year-old Faculty of Information Engineering...

Disney hires lawyers for 'emerging tech', NFT and metaverse

Roles include “full product lifecycle legal advice and support for global NFT products…

Korean man sentenced to four years in prison for sexual abuse in metaverse

A South Korean man in his 30s was recently sentenced to 4 years in prison after producing and...

Shiba Inu recruited a veteran Netflix producer to develop the metaverse

Brandie Konopasek has joined the Metaverse team of Shiba Inu.Brandie Konopasek, who has spent over 5 years working on the post-production management team...

Korea's largest broadcaster, MBC, in partnership with The Sandbox

MBC (Munhwa Broadcasting Corporation), one of the four largest television networks in Korea, has signed a business cooperation agreement with the...

Related posts

- Advertisement -