Virtual Reality, VR Training

Are You Prepared For The New Reality?

Essential Insights on AR in a Transforming World

 

Artificial Reality could be the one device to disrupt the world of technology. It is opening new opportunities that will transform business, lifestyle and reality itself. Our AR research can help you understand this power, and explore the impact to almost every industry.

 

A Robust AR Market is Already Taking Shape

 

Investments in the AR market are growing. Consumers are showing interest in AR, and industry leaders recognize their enthusiasm as a potential opportunity for growth.

VC Investments in AR

Target Audiences

 

Growth is Expected to Be Outsized

 

As millions of projected users embrace AR, products and services will need to adapt. But as with most transformative technologies, adoption will be a curved line, not straight.

Size of Global VR Market by 2022
VR Users count
 

The Impact on Industries is Far Reaching

 

Across industries, AR will change how products are created and delivered, which could translate into increased productivity and operational efficiencies.

 
Retail

Retail

8 OUT OF 10 CONSUMERS ARE INTERESTED IN USING VR SERVICES5

Healthcare

Healthcare

VIRTUAL REALITY SIMULATIONS CAN REDUCE SURGICAL PLANNING TIME BY 40%6

Manufacturing

Manufacturing

AR PLATFORMS CAN PROVIDE 25% IN COST SAVINGS IN INSTALLATION OF EQUIPMENT7

 

Understand the Differences of Artificial Reality

 

Virtual reality (VR)

Users enter fully immersive digital reality

Blocks out the user’s natural surroundings

Augmented reality (AR)

Text, sound, graphics or video is superimposed atop the physical world

Users see synthetic light bouncing off real objects

Mixed reality (MR)

Real and virtual objects are integrated into real space

Virtual objects are meant to look believable

 

Read Our Research on AR

 
For More Insights, Read the report

For a deeper look into this emerging trend, read Future Reality: VR, AR & MR Primer, part of our Transforming World series.


This article was originally posted by Bank of America. You can find the original article here: https://www.bofaml.com/ar/augmented-and-virtual-reality-market.html?cm_mmc=GCB-Integrated-_-Google-PS-_-vr-_-Non%20Brand%20Virtual%20Reality%20Phrase%20-%20VR%20Phrase&gclid=CMDQwcecvtQCFcWZMgodezkHMw&gclsrc=ds