Organisations increasingly realise the value the metaverse can provide to their business, leading to more streamlined and efficient production.

Australian VR studio Start Beyond has launched its mixed reality platform Oncio, which is set to transform training programs across multiple industries.

Benefits include up to 25% faster process execution, a near-zero picking error rate, and a reduction in waste of around 100,000 paper sheets per year.

IDC has revealed its outlook for augmented reality (AR) and virtual reality (VR) headsets for the remainder of 2022 and beyond. 

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Prioritising the use of AR can help training and staff onboarding and offers a long-term business solution to closing skills gaps.

Worldwide spending on augmented reality and virtual reality is forecast to reach $13.8 billion this year and grow to $50.9 billion in 2026.

New functionality allows users to launch web-based TeamViewer remote access and augmented reality support sessions within the Slack environment.

A new S&P Global Market Intelligence report has found that gaming technology will be the biggest contributor to aiding the metaverse’s evolution.

The gaming gadgets industry is predicted to be worth US$71.30 billion by 2022 and US$156.7 billion by 2032, according to FMI

According to the research report, the global game-based learning market was valued at US$11.15 billion in 2021 and is expected to reach US$55.80 billion by 2030

TeamViewer and Hyundai Motor have signed a strategic partnership with the hopes of accelerating digital innovation within an automotive smart factory.

Creating highly personalised real-world customer experiences using API, near-field communication, and spatial technology is about taking a traditional experience and elevating the customer journey into a digital world.

TeamViewer has announced a major expansion of its partnership with RealWear, a leading provider of assisted reality wearable solutions for frontline industrial workers. 

TeamViewer's new partnership with Siemens Digital Industries Software to bring the power of TeamViewer's AR platform, Frontline, to Siemen Teamcenter software.

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Sony says the LinkBuds S will give users a unique sound experience through sensor and spatial sound technology, even in AR games.

Telstra, Google and Accenture are developing a new 5G powered augmented reality (AR) experience at Melbourne's Marvel Stadium for the footy season.

TeamViewer combines its AR platform, Frontline, with SAP's Extended Warehouse Management solution, to make warehouse and logistics operations more efficient.

Adobe has announced a series of innovations, integrations and investments designed to position brands to succeed in the metaverse.

In a sign of things to come, Pinterest is widening its reach within the eCommerce sector by introducing new tools utilising augmented reality.

BAXE has partnered with IDEMIA and Haventec to launch the first decentralised blockchain ecosystem using a facial authentication solution for identity verification in Australia.

"The unprecedented level of private capital investment in the virtual reality sector indicates how much investors are really starting to see how this market is set to explode."

Artificial intelligence will play an increasing role in augmented and virtual reality in 2022, according to ABI Research.