Google has already released a smartphone with these features as part of 'Project Tango' and the tablet could be released ahead of the company's developer conference in June, reports the WSJ.
The company plans to produce about 4,000 of the prototype tablets beginning next month, according to people briefed on the company's plans. The device would come with a 7-inch screen and will be equipped with two back cameras, infrared depth sensors and advanced software that can capture precise three-dimensional images of objects, said these people.
Take a look at the video below for an introduction to Project Tango. The technology is in its infancy; however, the possibilities are exciting.