Get Set For Google Daydream
Alphabet Inc’s (NASDAQ: GOOG) Google aims to dominate the evolving virtual reality (VR) market with its new platform, called “Google Daydream,” powered by its “Android Nougat” operating system and “Google Play”.
Jamil Moledina, the games strategic lead for Google Play, provided more details about the tech giant’s new “high-quality” mobile VR platform during the recently concluded GamesBeat 2016 at Rancho Palos Verdes, California. (Source: “Google Daydream is looking for the ‘Citizen Kane’ of VR games,” VentureBeat/YouTube, August 2, 2016)
During the event, Moledina expressed confidence with Google Daydream’s future because of the success of “Cardboard”, the company’s first mobile VR platform. More than 50 million people have already installed Cardboard, making it the world’s most popular and accessible mobile VR platform.
Google Daydream Has Something for Every Player
Moledina emphasized that Alphabet Inc’s primary objective for Google Daydream is to provide something for everyone, citing the fact that, “gamers/players are a diverse and vibrant community.” He said, “Diversity of content is a key value, and this carries through to how programming [is done for] Daydream.”
He also emphasized that it is not necessary for Google Daydream to become a VR platform for hardcore players. According to Moledina, the company has the opportunity to build its VR portfolio and set expectations with consumers—a low-friction VR without complications.
With Google Daydream, the company wants to redesign and redefine what a game has to be and can be. The tech giant wants to offer VR games that are broadly accessible, broadly appealing, and broadly engaging for players.
Moledina pointed out that Google “is not looking for existing games with a VR wrapper. We’re aiming to populate our [Daydream] portfolio with games that transcend what came before.” The tech giant is looking for the, “Citizen Kane of VR.”
Google Daydream is about creating a virtual world with a natural human interaction/interface. According to Moledina, the platform’s headset and controllers are designed to naturally approximate the ways people interact with the world.
Google Daydream Release Date
The Google Daydream release date is not yet certain, but the tech giant said it would be available in autumn 2016.
Last month, Google’s head of VR partnerships told The Wall Street Journal, “The fact that a new line of Daydream-enabled phones will be touted in various wireless retail locations this fall should go a long way toward building awareness.”
On the other hand, Google’s vice president of virtual reality, Clay Bavor, predicted a, “slower ramp” than people appreciate VR even if there is so much energy, hype, and discussions about it. He said, “Riding the wave of smartphones is how we’ll get mass adoption.” (Source: “Google Is Bullish on Virtual Reality, But It Has a Long Way to Go,” The Wall Street Journal, June 23, 2016).
Google Daydream Price
In addition to the Google Daydream release date, many are wondering about the Google Daydream price for headsets. Consumers are now experiencing VR based on their budgets. For example, Google’s Cardboard costs $15, Samsung “Gear VR” costs less than $100, Facebook’s “Oculus Rift” is worth $600, and the price of the HTC “Vive” headset is $799.
Technology observers suggest that Google Daydream partners would probably price their headsets that could attract all types of gamers. Take note that the tech giant said it wants to offer something for everyone.
There are no Google Daydream reviews available yet, since Google and its partners are still in the process of producing actual headsets and controllers and smartphones that are compatible with the platform. However, some people are suggesting that the performance of the Google Daydream would be better than the Gear VR.
The tech giant only provided a sketch or a reference design and demo video of how the Google Daydream headset and controller works. Based on the demo, the controller fits in the hand and is easy to use. The player uses it as a wand to do anything in the VR world and the experience seems natural, just like in the real world.
The company has made it clear that Google Daydream is designed to provide rich, responsive, and immersive experiences for VR players. Expect details about the Google Daydream price in the near future.
Google Daydream Partners
According to Google, a number of manufacturers are already developing Daydream-ready smartphones, including Samsung Electronics (KRX:005930), HTC Corp (TPE:2498), ZTE Corporation (SHE:000063), and LG Electronics Inc. (KRX:066570), among others.
Google is also working with ARM Holdings plc (LON:ARM), QUALCOMM, Inc. (NASDAQ:QCOM), MediaTek (TPE:2454), and Imagination Technologies Group (LON:IMG) on components.
Some of the game developers working on Google Daydream include Epic Games, Unity, Ubisoft, Electronic Arts, and CCP Games.
Google Stock Investors Poised to Gain Big Returns
There is no doubt that many consumers are curious and excited about Google Daydream, particularly those who are already enjoying Cardboard, its first mobile VR platform.
Based on the popularity of the Cardboard and the leadership position of the Android operating system (OS), I believe that Google Daydream could be successful and generate substantial profit and revenue for the company in the future.
Digi Capital estimated that the VR market would generate $30.0 billion by 2020. Google Daydream could get a huge share of that amount. Take note that Google’s new mobile VR platform is designed to offer something for everyone; in other words, its target is to dominate the VR industry, which is extremely possible.
Google stock investors have compelling reasons to be bullish on Google Daydream. Just like the company’s management, Google stock investors should look forward to generating significant returns from their investments.
There is a big possibility that Google Daydream could push Google stock to $1,000 per share in the future. In 2013, the stock hit more than $1,000 per share when the tech giant reported a 23% increase in quarterly revenue driven by its mobile and video advertising. (Source: “Google shares break $1,000 barrier as mobile pays off,” Reuters, October 18, 2013).