Tech firms expand business with the VR/AR wave - SHINE

Fiture Space opened its flagship store connected Sunday successful Shanghai. The steadfast offers location gym services done VR fittingness mirrors

Chinese tech firms offering immersive VR/AR services successful entertainment, fittingness and tourism are expanding globally, with increasing marketplace request and nationalist argumentation support.

Home gym devices and services supplier Fiture opened Fiture Space successful Shanghai connected Sunday arsenic its planetary flagship store.

The abstraction features the company's interactive location fittingness mirrors oregon Magic Mirrors, which incorporate question seizure exertion that offers real-time feedback done signifier correction arsenic good arsenic pacing, timing and question feedback. Besides hardware, Fiture volition signifier assorted fitting events for the community.

The Fiture Fitness Mirror was shown astatine the conscionable concluded China International Import Expo, and attracted rather immoderate CIIE visitors. Users tin travel the movements of the "virtual coach" successful the mirror, and volition get a trial effect of their mobility condition.

Fiture's users present screen 345 cities nationwide. They did location fitting exercises for 53.8 cardinal minutes successful total, implicit the past year, 2.5 times compared with the erstwhile year, acknowledgment to the booming request during the pandemic.

By 2026, the full standard of China's virtual world manufacture volition transcend 350 cardinal yuan (US$48.6 billion). Meanwhile, the virtual world (VR) and augmented world (AR) concern much than doubled successful 2021 successful China, according to the Ministry of Industry and Information Technology.

Also during the weekend, a full of 107 projects worthy 71.7 cardinal yuan were signed astatine the 2022 World Conference connected the VR Industry, which closed successful Nanchang, superior of Jiangxi Province, connected Sunday.

HTC Vive, an exhibitor astatine the VR conference, showcased its metaverse imaginativeness and products, called VR is "opening a doorway to the aboriginal metaverse." Its exhibits see a instrumentality Full-body Avatar to let each 1 to make integer avatars.

During the Singles Day online run connected Friday, Nreal's AR glasses sold good and the institution took the starring 34 percent marketplace shares.

The Nreal glasses' modular size and lightweight plan alteration users to acquisition existent spatial integration, carnal interaction, and full-scene AR applications from immoderate location. Some glasses person been shown successful "virtual tourism" projects.

Brands similar Fiture and Nreal are besides actively expanding successful overseas markets.

In the Amazon platform, Nreal is the bestselling marque successful the AR glasses class successful some the United States and Japanese markets.

A Fiture store has made its debut connected Friday successful the Westchester County mall, arsenic the company's archetypal US store.

According to China's nationalist blueprint, the state volition person 100 AR/VR enterprises with beardown innovation quality and manufacture influence, portion the income of VR terminals are expected to apical 25 cardinal units by 2026, compared with little than 10 cardinal units now.