Augmented/Virtual Reality

Top 10 Augmented Reality Companies to Rule the Metaverse Future

Apoorva Bellapu

Connecting with people via digital avatars just got better with Metaverse in place. It's not a distant dream anymore when it comes to people sitting with colleagues in a meeting, chatting over code, and even attending virtual concerts – thanks to metaverse! Metaverse has become increasingly popular in a short span and the number of companies carving a niche for themselves in the same cannot be overlooked. Taking this into account, we have come up with a list of the top 10 Augmented Reality companies to rule the Metaverse future. Have a look!

Meta

How can the list not start with Meta? Facebook got rebranded in 2021 to shift its focus to the metaverse. With Facebook, people can now interact with each other, build communities and socialize while sitting at home. The introduction of metaverse technology has laid a path to easy interaction with people across the globe.

Snap

Snap, which is widely recognized because of the brands Snapchat and Bitmoji, is all set to come up with different lenses and avatars to bring more personal features to the metaverse. Off late, the company has launched new avatar lenses that show how a user or player will look in the Metaverse. Well, not just that – it allows avatars to change clothes and faces.

Tencent

Tencent is a Chinese multinational technology and entertainment conglomerate that is immensely focusing on the metaverse through its game development company TiMi Studio Group. Tencent has a good number of top companies under its portfolio with the help of which it aims to focus on the metaverse strategy via its game development wing "Tencent Games".

Microsoft

How can the list of top 10 Augmented Reality companies to rule the Metaverse future not include Microsoft? As a matter of fact, Microsoft is supporting Meta as it develops a series of metaverse applications. Yet another point to note is that Microsoft is also involved in the development of an AR chipset for the metaverse with Qualcomm for providing access to new features. No wonder why Microsoft is one of the forefront companies developing Metaverse.

Nike

When it comes to the Metaverse domain, Nike seems to be nowhere behind. The brand has come up with a metaverse game with the development of its virtual world, Nikeland. This virtual world gives other technologically-based merchants and brands the ability to drive scalable consumer traffic to their products and offers a fully managed solution.

Epic Games

Epic Games is a widely recognized video game and software development company. Recently, the company announced a US$1mn investment for metaverse development and is paving the way for game developers to explore the number of opportunities online.

Microsoft

Microsoft is yet another tech giant that cannot skip our attention. This company supports a series of metaverse applications and recently had come up with an AR chipset for the metaverse with Qualcomm for providing access to new features. What goes without denying is the fact that Microsoft is one of the forefront companies developing Metaverse by updating AltspaceVR for making metaverse technology a much safer place for users and players.

NVIDIA

NVIDIA has been in limelight for creating a platform for simulating and connecting to virtual worlds, Nvidia Omniverse. Via this Omniverse, digital content designers can virtually meet to develop 3D content in real-time. As this platform can simulate particles, fluids, materials, prints, and cables, it is perfect for training robots, designing products, and creating digital twins of buildings, factories, and cities.

Decentraland

Opened to the public in 2020, Decentraland is a 3D virtual world browser-based platform where users can buy virtual plots of land on the platform as NFTs via the MANA cryptocurrency, which uses the Ethereum blockchain. It is one of the biggest companies developing a metaverse as a platform for content producers and enterprises looking for a new artistic medium.

Roblox

This is one of those companies that offer an open gaming platform to let players create their own digital and interactive worlds. There are a lot of games within the company's platform and some offer virtual worlds where players can efficiently and freely interact with each other.

Magic Leap

Magic Leap, an American company, provides wearable technologies to enable people to interact in digital environments. The company provides a powerful augmented reality platform for enterprises and its technology enables global teams to collaborate remotely with co-presence, conduct better reviews aided by 3D visualization, and offer real-time remote expertise to frontline workers.

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