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Spatial Computing Market Size to Grow USD 1304 Million by 2030 at a CAGR of 13.1% | Valuates Reports

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BANGALORE, India, Feb. 27, 2024 /PRNewswire/ — Spatial Computing market is Segmented by Type (Software/Platform, Service), by Application (Healthcare, Transport, Engineering, Education, Architecture, Manufacturing, Entertainment, Automotive, Others): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The global Spatial Computing market was valued at USD 551 million in 2023 and is anticipated to reach USD 1304 million by 2030, witnessing a CAGR of 13.1% during the forecast period 2024-2030.

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Major Factors Driving the Growth of Spatial Computing Market

The development of augmented reality (AR), virtual reality (VR), and mixed reality (MR) technologies, which allow for immersive digital experiences and interactions with the real world, is one of the drivers driving the growth of the spatial computing industry. Businesses in a variety of industries are using spatial computing to transform the way they develop, simulate, collaborate, and visualize data in three dimensions as these technologies become more widely available and powerful. Furthermore, the application of spatial computing is spurring innovation, raising efficiency, boosting consumer experiences, and opening up new avenues for interactive storytelling and content production in sectors including gaming, education, healthcare, manufacturing, and retail.

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TRENDS INFLUENCING THE GROWTH OF SPATIAL COMPUTING MARKET

The market for spatial computing is mostly driven by the ongoing developments in AR and VR technology. These technologies make it possible to create immersive virtual environments (VR) or to overlay digital information over the real world (AR). The need for spatial computing solutions that make use of AR and VR for a variety of applications, including teaching, gaming, and visualization, is anticipated to increase dramatically as these technologies become more advanced and widely available. The potential of mixed reality (MR), which combines aspects of virtual reality and augmented reality, to seamlessly merge digital material with the real world is gaining popularity across sectors. Immersion experiences, interactive simulations, and data visualization are made possible by MR solutions.

The need for location-based services (LBS) is increasing, which is driving the market for spatial computing. Personalized information, navigation, and services are provided by LBS based on the geographic position of the user by using spatial data. The need for spatial computing solutions to support the creation of cutting-edge location-based services (LBS) in a variety of industries, such as retail, transportation, and tourism, is growing due to the widespread use of smartphones, wearables, and Internet of Things (IoT) devices that are outfitted with GPS and other positioning technologies. The construction of intelligent, location-aware systems and settings is made possible by the integration of spatial computing with the Internet of Things (IoT), which is propelling market expansion. Indoor positioning systems (IPS) and sensor fusion algorithms are examples of spatial computing technologies that can improve Internet of Things applications by offering real-time spatial awareness.

By providing voice commands, immersive interfaces, and intuitive gestures, spatial computing enables more natural types of human-computer interaction (HCI) and improved user experiences. Spatial computing solutions are essential in providing seamless, intuitive, and contextually relevant experiences across a variety of devices and platforms, as consumers want more immersive and engaging interactions with digital material and gadgets. The need for spatial computing solutions is being driven by the gaming and entertainment sectors, which are utilizing AR, VR, and MR technologies to provide interactive storytelling, immersive gaming experiences, and location-based entertainment. Spatial computing is changing how people consume and engage with digital entertainment material, propelling market growth in several industries from virtual reality theme parks to augmented reality mobile apps.

The market for spatial computing is expanding due to the development of digital twin technology, which makes it possible to create virtual copies of real assets, settings, and systems. In sectors including manufacturing, healthcare, and urban planning, digital twins use spatial computing to synchronize real-time data with virtual models, enabling predictive analytics, remote monitoring, and simulation-based decision-making.

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SPATIAL COMPUTING MARKET  SHARE ANALYSIS

Due to the existence of major industry participants, technical advancements, and a strong consumer desire for immersive experiences, North America now leads the world market for spatial computing. The area is known for its cutting-edge infrastructure, large R&D expenditures, and a legal framework that encourages innovation in augmented reality (AR), virtual reality (VR), and mixed reality (MR) technology.

The United States’ Silicon Valley and Canada’s research institutes are major tech hubs that support the region’s leadership in spatial computing. Further driving market expansion is the extensive use of spatial computing solutions in North America across a range of industries, such as gaming, entertainment, healthcare, and education.

Key Players:

MicrosoftAmazonMagic Leap Limited

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China Xplained | The China Squeeze, or the China Opportunity?

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2 hours ago

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September 6, 2026

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GUANGZHOU, China, Sept. 6, 2026 /PRNewswire/ — This is a news report from South: 

Is China’s manufacturing rise squeezing out or creating opportunities for other economies?

Ahead of the 2026 APEC Economic Leaders’ Meeting in China this November, journalists and experts from around the world gathered in Guangdong for the Asia-Pacific Media Forum (APMF) 2026.

The forum opened in Shenzhen on September 5, bringing together more than 400 representatives from across the Asia-Pacific region, as well as from international organizations.

Before the opening of the forum, participants travelled across Guangdong to see China’s industries and development first-hand.

In this episode of China Xplained, we look at the numbers, supply chains, investment and voices from across the developing world—to ask a bigger question: Is China squeezing out room for other economies?

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SOURCE South

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PUDU D7 Named Honoree in IFA Innovation Awards for Best in IFA Next & Emerging Technologies

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3 hours ago

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September 6, 2026

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BERLIN, Sept. 6, 2026 /PRNewswire/ — Pudu Robotics, a global leader in commercial service robotics, today announced that its PUDU D7 Semi-humanoid Intelligent Robot has been named an Honoree in the Best in IFA Next & Emerging Technologies category of the IFA Innovation Awards. The recognition highlights PUDU D7’s ability to combine mobile navigation, dexterous manipulation and intelligent sensing to perform a range of tasks in real-world industrial and commercial environments.

The IFA Innovation Awards recognize outstanding innovations across the global technology landscape. Entries are evaluated by an independent international jury based on criteria including technology and functionality, innovation and originality, and the potential to create tangible value for users and the market. The recognition places PUDU D7 among emerging technologies demonstrating new possibilities for the future of robotics.

From Industrial Operations to Guest Interaction

PUDU D7 is designed for industrial, warehouse, retail and hospitality environments, where it can move through human-oriented spaces and perform tasks that require both mobility and dexterous manipulation.

In industrial and warehouse settings, D7 can handle materials, pick items from shelves, replenish inventory, transport goods between work areas and push carts. With a payload capacity of up to 20 kg (44.1 pounds) and an operating height of up to 2 meters (6.6 feet), it can work with a range of storage systems and materials.

In retail, D7 can support shelf replenishment, item handling and store organization, moving products between storage areas and shelves and helping maintain product displays.

In hotels and hospitality, PUDU D7 can take on the role of an intelligent front-desk host, welcoming guests, preparing and serving coffee, interacting with visitors and providing engaging experiences. Its semi-humanoid form and dual-arm capabilities allow it to combine practical service tasks with natural human-robot interaction, bringing a more personable and engaging presence to the guest experience.

Designed for Adaptable Performance

PUDU D7 combines a dual-arm manipulation system, tactile sensing and a 360-degree perception system to support these applications. Front- and rear-facing LiDAR and other sensors enable navigation around people and obstacles, while tactile sensing provides precise control when handling objects.

The robot also features autonomous battery swapping, allowing it to independently replace its battery and reduce downtime during extended operation.

Together, these capabilities enable D7 to support different tasks across a range of environments without being limited to a single application.

PUDU D7 Makes Its European Debut at IFA

IFA 2026 marks the first time PUDU D7 is being showcased in Europe. At the Pudu Robotics booth, visitors can experience live demonstrations highlighting the robot’s capabilities and its potential for human-robot interaction.

D7 interacts directly with visitors through demonstrations including waving, making heart gestures and picking up objects. These demonstrations showcase the robot’s ability to combine movement, manipulation and interaction in a human-oriented environment.

Advancing the Next Generation of Intelligent Robotics

The IFA Innovation Awards recognition marks another step in Pudu Robotics’ expansion from service delivery, commercial cleaning and industrial delivery into embodied intelligent robotics.

PUDU D7 is part of Pudu Robotics’ broader strategy to develop a portfolio of specialized, semi-humanoid and humanoid robots, building on its capabilities in embodied navigation, manipulation and interaction. This approach enables the company to address a broader range of applications across commercial and industrial environments.

Pudu Robotics will continue working with customers and partners worldwide to explore new applications for embodied intelligence and bring increasingly capable robots into real-world environments.

About Pudu Robotics

Pudu Robotics is a global leader in commercial service robotics and the industry’s first company to offer a full portfolio spanning specialized, semi-humanoid, and humanoid robots. According to Frost & Sullivan’s latest market report, Pudu Robotics ranks No. 1 globally in commercial service robotics by both revenue and shipment volume. Built on its One Brain, Multiple Embodiments architecture, Pudu offers robots for service delivery, commercial cleaning, industrial delivery, and general embodied AI applications across hospitality, retail, healthcare, manufacturing, education, public services, and more. To date, Pudu Robotics has shipped over 130,000 robots to customers across 85+ countries and regions.

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Asia-Pacific Media Forum held in China’s Guangdong

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3 hours ago

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September 6, 2026

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SHENZHEN, China, Sept. 6, 2026 /PRNewswire/ — A news report from Xinhuanet: 

The Asia-Pacific Media Forum opened on Saturday in Shenzhen, south China’s Guangdong Province, with the theme of “Building a Path to Shared Prosperity for the Asia-Pacific Community: Media Consensus and Action.”

Li Shulei, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the Publicity Department of the CPC Central Committee, attended the forum and delivered a keynote speech. Huang Kunming, a member of the Political Bureau of the CPC Central Committee and secretary of the CPC Guangdong Provincial Committee, attended the forum and delivered a speech.

Participating guests noted that this year marks 2026 APEC “China Year,” during which China will host the 33rd APEC Economic Leaders’ Meeting. They expressed their belief that with support from all sides, the summit will yield fruitful outcomes and elevate Asia-Pacific cooperation to new heights.

Participating guests emphasized that development and cooperation in the Asia-Pacific region depend on the active participation of media. The media are expected to share stories of openness and integration, provide comprehensive coverage of the region’s progress and achievements across various fields, and help foster a favorable public opinion environment for the region’s open development.

Participating guests noted that the media should actively promote outcomes of the series of APEC activities, interpret policies and measures of various economies to support scientific and technological innovation, and build regional consensus for innovative development.

They also called for deepening results-oriented cooperation in joint reporting, technological innovation and personnel training, and leveraging media exchanges to carry forward civilizations, spread culture and convey goodwill, so as to enhance mutual understanding and closer bonds among the peoples of the Asia-Pacific.

The forum was co-hosted by the Publicity Department of the CPC Central Committee, Xinhua News Agency and the Guangdong provincial government, and organized by the Shenzhen municipal government.

More than 400 representatives from over 40 countries and regions, as well as UN agencies and international organizations, attended the event. At the opening ceremony, 16 founding organizations from China and abroad jointly formed the Organizing Committee of the Asia-Pacific Media Partnership Program.

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