In this article, we will talk about the 5 biggest augmented reality and VR companies in the world. You can read our detailed analysis by heading straight to the 20 Biggest Augmented Reality And VR Companies In The World.
5. NVIDIA Corporation (NASDAQ:NVDA)
Market Cap:$1.04 trillion
NVIDIA Corporation (NASDAQ:NVDA) is one of the biggest augmented reality and VR companies in the world. For example, NVIDIA Omniverse Avatar is a platform that allows users to create and animate realistic avatars for different AR/VR applications. Omniverse also enables users to develop metaverse applications. Many companies are using their products, including Microsoft Corporation (NASDAQ:MSFT).
4. Amazon.com, Inc. (NASDAQ:AMZN)
Market Cap:$1.39 trillion
Amazon.com, Inc. (NASDAQ:AMZN) launched Cloud Quest, a virtual reality game that enables users to build real AWS Cloud skills. The company has introduced several extended reality applications, including the Room Decorator app and Amazon Metaworld. It also supports extended reality companies like NVIDIA Corporation (NASDAQ:NVDA) as their CloudXR is available on AWS Marketplace. In May, the company launched Amazon Anywhere, which enables users to make purchases while interacting with virtual reality.
3. Alphabet Inc. (NASDAQ:GOOG)
Market Cap:$1.62 trillion
Alphabet Inc. (NASDAQ:GOOG) is one of the biggest AR and virtual reality companies in the world. The company is entering the extended reality industry by launching a variety of augmented reality features. Google Search facilitates customers using augmented reality to try on products before buying like makeup, shoes, and clothes, or visualize how a piece of furniture will look in a certain place. Google Lens enables users to translate text from images in one language to another. Google Maps also has an immersive feature that allows the user to get virtual arrows overlaid in the real world using the Live View option. ARCore and Geospatial API enable developers to create unique AR content and publish it.
2. Microsoft Corporation (NASDAQ:MSFT)
Market Cap: $2.4 trillion
Microsoft Corporation (NASDAQ:MSFT) is one of the most prominent companies working on extended reality. It is developing extended reality solutions to facilitate productivity for businesses and individuals. The company is well-positioned to lead the extended reality market globally. The HoloLens 2 comes with enterprise-ready applications that are used in various industries including construction, manufacturing, healthcare, and engineering. Companies like Lockheed Martin Corporation (NYSE:LMT) are using HoloLens 2 in manufacturing to streamline their assembly process.
1. Apple Inc. (NASDAQ:AAPL)
Market Cap: $2.8 trillion
Apple Inc. (NASDAQ:AAPL) is the biggest augmented reality and virtual reality company in the world. Their recent product, Vision Pro, is a significant development in the extended reality space. The company is investing heavily in extended reality technology.
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