The opinions of the CPC central committee and the state council on supporting Shenzhen in building a pioneering demonstration zone for socialism with Chinese characteristics were released recently, supporting Shenzhen in building 5G, artificial intelligence, cyberspace science and technology and other major innovation carriers. 5G industry will undoubtedly become the strategic vanguard of Shenzhen's construction of "pilot demonstration zone".
Shenzhen's 5G industry has such strength and accumulation to shoulder the heavy responsibility. Data show that in 2018, the total output value of the electronic information manufacturing industry in Shenzhen accounted for about 1/6 of the national industrial scale, and the annual output value of the communication product manufacturing industry in Shenzhen was about 1.4 trillion yuan.
Not only that, the Shenzhen government and related listed companies are accelerating the layout, to promote. About 8,500 5G base stations will be built in Shenzhen this year. Some companies have led the way in the commercial use of 5G and continue to invest in it, while others have led the way in the 5G segment, preparing for the explosion of demand for 5G equipment.
The development of 5G will certainly drive economic growth and become a powerful power engine. The ministry of industry and information technology (miit) previously said that according to preliminary estimates by relevant research institutions, 5G in the first five years of commercial use in China can directly drive the total economic output to more than 10 trillion yuan, the economic growth value to more than 3 trillion yuan, and the direct creation of more than 3 million jobs.
As 5G licenses have been issued since the start of the year, the country's three major carriers have said they will start commercial 5G services in some cities as soon as possible, including Shenzhen. According to the latest data from the Shenzhen government, about 8,500 5G base stations will be built in the city this year, covering such economic and livelihood scenarios as government offices, transportation hubs, education, health care, cultural activities, core business districts and high-tech industrial clusters. A large number of key areas, such as qianhai bonded port area, Shenzhen software industry base, futian central business district, and dayang international exhibition center, will accelerate 5G coverage in an all-round way to form continuous 5G coverage in core target areas, and the Shenzhen-shantou special cooperation zone will simultaneously build 5G networks with high standards.
According to the latest survey and statistics of relevant departments of industry and informatization in Shenzhen, there are Shenzhen enterprises in every link of the 5G industrial chain and they have certain competitiveness in the whole country. In addition to Huawei and ZTE, which basically cover the whole industrial chain of 5G industry, haisi semiconductor and ZTE microelectronics are in the leading position in the chip field.
Earlier, Yang chaobin, President of Huawei's 5G product line, said the company had signed 46 commercial 5G contracts with operators in more than 30 countries. Of the 46 commercial 5G contracts, 26 are from Europe, more than 10 from the Middle East and the rest are mainly from the asia-pacific region. From the perspective of product solutions, Huawei has commercial capabilities from core network, carrier network, access network, and CPE. Not only that, Huawei will continue to invest this year. More than 10,000 people will be involved in research and development this year, with an investment of more than 10 billion yuan, it said. The 10 billion yuan is mainly used for the human cost of r&d personnel, the purchase of a large number of instruments and equipment, and the development of products, including Huawei's chip development and investment.
According to Wind data, up to now, there are 308 a-share listed companies and nearly 20 5G concept companies in Shenzhen. Among them, ZTE, industrial fulian, shennan circuit, xinwei communications and other companies enjoy a leading position in the 5G industrial chain. As for the strategic planning of the future 5G industry, ZTE said that the company will take 5G as the core strategy of development, continue to invest for many years, and have the capability of a complete 5G end-to-end solution. Bo yanmin, vice President of ZTE, said in an interview with the China securities journal that the company is leading the way in 5G commercial use. It has won 25 commercial contracts covering major 5G markets in China, Europe, Asia Pacific and the Middle East, and has cooperated with more than 60 operators worldwide.
In addition, ZTE has focused on 5G network construction in Shenzhen. As early as April this year, ZTE and China unicom completed the 5G network laying in qianhaishekou free trade zone in Shenzhen, making qianhaishekou free trade zone the first free trade zone in China to achieve full 5G network coverage.
VR/AR is the product of the integration of the new generation of information technology. Due to the factors of bandwidth and delay, the past VR/AR products can lead to insufficient rendering capacity, weak interactive experience, poor terminal mobility and other pain points, which has been the biggest short board to restrain the development of the industry. High quality VR/AR business very high demand for bandwidth, delay, such as for VR, to achieve very good user experience, the bandwidth of the need to reach more than 1000 MBPS, delay to reach the level of less than 2 ms, and to achieve a good user experience for AR also need 200 MBPS bandwidth above and below the 5 ms delay, there is no way to achieve this in the age of 4 g, 5 g is the only thing can meet such high transmission capacity.
After the landing of 5G, the first scenario application will accelerate the development of VR/AR, and the growth rate of the Chinese market will be higher than that of the world. Therefore, with the blessing of 5G, the short board of communication transmission of immersive game scenes such as VR/AR will be made up, and it is expected that VR/AR commercialization of immersive games will be accelerated. According to the research of the China academy of information and communications, the global VR industry scale is close to 100 billion yuan, and the average annual compound growth rate from 2017 to 2022 is expected to exceed 70%. According to Greenlight, the global VR industry scale will exceed 200 billion yuan in 2020, including 160 billion yuan in VR market and 45 billion yuan in AR market. In addition, for the Chinese market, the AR/VR market in China will reach us $65.21 billion by 2023, a significant increase from the us $6.53 billion forecast for 2019, according to IDC's latest guidance on global AR and virtual reality spending. Meanwhile, the compound annual growth rate (CAGR) from 2018 to 2023 will reach 84.6%, higher than the 78.3% growth rate of the global market.
Therefore, after the issuance of 5G license, the biggest application of the first stage scenario is the VR/AR industry, which is a trillion-level industry. After the technological update and breakthrough of AR micro-display, optics and perception interaction sectors in the industrial chain companies, software and hardware enterprises have arranged to seize the market.
WIMI Hologram Cloud (NASDAQ:WIMI) focuses on computer vision holographic cloud services. As a representative of the holographic AR of domestic enterprises, according to introducing, WIMI Hologram Cloud (NASDAQ:WIMI) covers from holographic AI computer vision synthesis, holographic visual rendering, holographic interactive software development and holographic AR online and offline advertising, holographic ARSDK pay, 5 g holographic communication software development, holographic face recognition and development, holographic AI in face of the development of the technology such as holographic AR multiple links, holographic cloud is a comprehensive technology solutions provider. Its business application scene is mainly concentrated in the home entertainment, light field cinema, performing arts system, commercial release system and advertising display system and other five professional fields.
The AR industry is attracting increasing attention from investors. As an industry leader, WIMI Hologram Cloud (NASDAQ:WIMI) has successfully completed some investor financing so far and enjoys the economies of scale brought by the reduction of unit output cost. The powerful ability of WIMI Hologram Cloud (NASDAQ:WIMI) to provide high-quality AR content can encourage customers to continue to adopt our AR technology. The market position and the corresponding marketing ability of WIMI Hologram Cloud (NASDAQ:WIMI) can help WIMI to build an industry-wide brand image across various market segments.
WIMI Hologram Cloud (NASDAQ:WIMI) has developed advanced data analysis capabilities to capture actionable insights from the vast amount of data gathered from products and third-party sources. It now has access to an estimated 350 million reliable end users from which raw data can be collected. WIMI Hologram Cloud (NASDAQ:WIMI) 's processing power enables it to manage large amounts of data and provide real-time analysis on a large scale to continue to improve and innovate products and services. Data mining and user behavior data analysis techniques enable WIMI to build and split context-rich user profiles and apply such analysis to a wide range of applications. For example, WIMI Hologram Cloud (NASDAQ:WIMI) created more than 2,000 user tags by analyzing user data collected through the holographic AR advertising service.
The development of holographic 3D face recognition software is based on WIMI's holographic imaging feature imaging detection and recognition technology, template matching holographic imaging detection technology, and video processing and recognition technology based on deep learning and training. Traditional 2D facial recognition technology is a recognition technology based on facial features. It captures information from facial images or facial video streams and automatically detects and tracks the target face. WIMI's holographic 3D facial recognition technology is a combination of holographic imaging capture and 3D portrait recognition technology. WIMI Hologram Cloud (NASDAQ:WIMI) focuses on the development and application of software technology, and has AI, machine recognition technology, machine learning, model theory and video imaging processing technology. Holographic 3D facial recognition is a collection of feature points that can exceed 30,000 points using structured light and infrared light. Traditional 2D facial recognition technology collects fewer than 1,000 feature points. And 3D technology is less affected by the surrounding environment, which is expected to overcome many problems found in traditional 2D facial recognition technologies, such as light, posture, occlusion, dynamic recognition and facial expression.
WIMI Hologram Cloud (NASDAQ:WIMI) business will combine with the depth of 5 g, in 5 g under the collaboration of high rate and low latency, remote communication and data transmission, from terminal to business server system transmission delay will average about 6 ms, well below the 4 g network transmission delay, ensure the holographic AR in the remote communication and data transmission without caton, low latency, and terminal collaboration in more, when the richness and diversity of interaction. Make the collaboration of end + cloud collaboration more efficient. Enhanced mobile broadband (eMBB) and the Internet of things (IoT) application, makes WIMI Hologram Cloud (NASDAQ:WIMI) AR advertising business, and entertainment business, as well as the holographic interactive entertainment, holographic meeting, holographic social, holographic communication, holographic family holographic, etc., will be based on facial recognition technology and holographic 5 g + AI AI face in face of technology of the core technology for effective growth.
In June 2019, China's ministry of industry and information technology issued a 5G commercial license, marking the first year of commercial 5G holographic communications in China. Holography, as the core application of 5G and 6G networks, will penetrate into education, communications, retail, tourism, industry and other aspects. WIMI Hologram Cloud (NASDAQ:WIMI) believes that in ten years, the application field of holocloud will be born with giant companies like alibaba and tencent, and human life will be better because of the hologram.
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