![]() ![]() In 2016, the application market size of holographic AR in China's entertainment industry was 600 million yuan (CNY), which is expected to grow at a CAGR of 83.5% in 2016-2020 and 92.8% in 2020-2025, reaching 180 billion yuan (CNY) in 2025. The entertainment and advertising markets in WIMI application scenarios have huge potentials The amount of revenue generated from this market is increasing, and the market expansion is expanding.Ģ. From 2017 to 2019, the financial revenue of the three years has been increasing continuously. In the year ended December 31, 2019, holographic AR ads using the company's advertising solutions generated approximately 9.7 billion views, up 47.0% from about 6.6 billion views in 2018.įrom the above data, it is not difficult to see that the business growth of WIMI as a whole is in a healthy development trend. In terms of net profit, from 2017 to 2019 years, they were 73 million yuan, 89 million yuan, and 102 million yuan, respectively. According to the prospectus, we can see a real WIMI.Īccording to the annual report, the WIMI business began to gradually increase its volume in 2017, with revenues of 192 million yuan, 225 million yuan, and 319 million yuan respectively in 2017-19, with growth rates of 17% and 41%, respectively, showing an accelerating momentum. With the development of 5G holographic communication, WIMI holographic cloud gains high expectations. Besides, it was listed on NASDAQ in 2020, and it is the first stock of the holographic concept. Meanwhile, its holographic business income reached 300 million in 2019. ![]() WIMI has 132 holographic related patents, 214 software copyrights, 4654 holographic content with high quality, and 513 business partners. WIMI has established relatively complete systems, including holographic technology research and development system, holographic content production and reserve system, and holographic commercial development system. AR has the ability of 3D registration, which can precisely match the computer-generated virtual objects with the real environment. Through the real-time interaction capability of AR, the real-time and dynamic interactive operation can be carried out between AR devices and the augmented reality environment. ![]() What can AR do? Using virtual and reality combination feature of AR, digital and virtual objects are superposed into the real environment through AR devices, which are used to display navigation, demonstration, and display. 18, 2020 (GLOBE NEWSWIRE) - MobiusTrend, a market research organization in Hong Kong, recently released a research report on ' WIMI's Holographic AR Technology Gains High Expectations'. ![]()
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