RNS30 Apr 2021 16:38
Couple of interesting bits
Management view the ENGAGE total addressable market to be between $10bn and $25bn based on the expected compound annual growth rate (“CAGR”) of between 12-23% forecast within the global team collaboration, global e-learning and global virtual events markets as per Grand View Research and Facts & Factors.
ENGAGE China has been rebranded as Vive Sessions inside the China region. HTC is working closely with the ENGAGE team on a new enterprise and education offering, which will be available later in 2021. The APAC region, particularly China, South Korea and Japan, will be the key driver of the global virtual reality market through until 2030. The Group’s partnership with HTC, the market leader in Asia for immersive hardware, places VRE in a strong position to capitalise on this market, providing customers with a combined hardware and software offering.