Telecom and AR/VR Opportunity Continue to Be Realized

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2Q 2019 | IN-5478

 

Early Action Sets the Foundation

NEWS


Mobile World Congress (MWC) in February appears to be a launching point for Augmented Reality/Virtual Reality (AR/VR) and telecom partnerships looking to leverage current 4G and upcoming 5G networks for a number of use cases. Qualcomm has expanded their Extended Reality (XR) efforts with telecom partnerships that include Sprint, Telstra, SK Telecom, LG U+, and Swisscom. Verizon recently announced a partnership with mixed reality glasses player ThirdEye Gen. Magic Leap continues their impressive funding with a new US$280 million from Japanese telco NTT DoCoMo that comes after a partnership with AT&T in the United States for brick-and-mortar device sales as well as more 5G collaboration in the future.

These announcements and others made at MWC and earlier point to an important trend in both AR/VR and telecom markets. Questions around novel device types and use cases remain, and early investment and investigation will continue

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