Sony is about to record your moves with Mocopi, the newest metaverse invention from Sony as a wearable motion-tracking gadget. "This technique records the movements of the complete body using little, lightweight equipment. According to a statement released by Sony on November 29, "We would introduce Mocopi Kits and release them to users in January 2023 at an affordable price of 49,500 yen ($360).
Sony's Mocopi includes six body sensors for the head, hip, wrists, and ankles. Each sensor weighs just 8 grams and uses a velcro band or clip to secure it to the body parts. Users can connect mocopi to any smartphone over Bluetooth and then use third-party apps to create videos of a digital avatar. It is one of the best motion-tracking metaverse wearables.
The Mocopi sensors measure 32mm (around 1.2 inches) in diameter and weigh just 8g, making them lighter than an Apple AirTag despite being of a similar size. The system is portable thanks to being completely wireless and not requiring a base station, and the trackers can be fully charged in around 90 minutes via the USB-C charging case. Sony claims Mocopi can achieve up to 10 hours of battery life, though this will depend on the usage environment.
"These sensors will work to animate avatars inside various metaverse apps on Android smartphones and iPhones. The low-cost accessory, which requires a phone, is a great way to experience the metaverse, the 3D version of the web where you can interact with digital surroundings within your real-world surroundings," revealed the company.
"Normally, video production using motion capture requires dedicated equipment and operators," Sony said in its release. "By utilizing our proprietary algorithm, Mocopi creates highly accurate motion measurement with a small number of sensors, freeing VTubers (virtual streamers) and creators involved in movie and animation production from time and place constraints."
Analytics Insight predicts the global Metaverse market to grow from US$46.7 Billion in 2021 to US$475 Billion in 2028 at a CAGR of 47% during the forecast period. The Metaverse market has been growing really high as there is a considerable rate of penetration of users for many such applications like content creation, gaming, learning, social interaction, training, and virtual shopping. In 2021, Facebook announced to invest US$10 Billion in building metaverse and changed the company's name to Meta. The platform would allow users to communicate with friends, families, or colleagues using their digital avatars.
Experts have anticipated that the metaverse will penetrate through many market spaces and industries as there will be a build-up of industries in the future. The revenue will be increasing incessantly.
As projected by Analytics Insight, the Metaverse market will reach US$79.8 Billion by 2023 and US$108.3 Billion by 2024. The increasing need for a converging physical and digital world for concerts, film showings, and sports to elevate the online experience of viewers is also fuelling the growth of the global metaverse market. Growing personal disposable income of consumers and advances in novel technologies like blockchain, Augmented Reality, Virtual Reality, etc., are also driving the global metaverse market.
Market players are constantly looking for innovative solutions to enhance user experience, adopting cutting-edge technology and investing in R&D activities, which is expected to boost the global metaverse market. By 2025 the market is estimated to reach US$151.6 Billion and by 2026 might reach US$218 Billion. Furthermore, huge investments, collaborations, and partnerships in the metaverse industry are expected to create massive opportunities for industries across the globe. Enterprises are looking for modern solutions to upgrade their existing structure and improve the productivity of employees, which is expected to propel the growth of the global metaverse market. The rapidly expanding gaming industry and increasing adoption of NFTs are also accelerating the growth of the global metaverse market. This is speculated to accelerate the growth of the market to reach US$321 Billion by 2027.
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