2020 was a year of development for virtual and augmented reality (VR/AR), collectively referred to as extended reality (XR). The emergence of these revolutionary innovations started to be felt far from the gaming and entertainment industries, where they first became popular.
Compared to this year, global investment in XR technology is expected to grow by 78.5 percent next year, and both technologies will be important developments to look out for in 2020. As the market gets to terms with what it can achieve, we are expected to see a whole lot of revolutionary new hardware providing much greater immersion and realism, as well as creative use cases.
Many people's first VR and AR encounters are expected to be in games and television today. As analysis indicates that the growth of business XR solutions is overtaking that of customer solutions, this is expected to change. VR Intelligence's 2020 XR Market Analysis study reports that 65 percent of the AR businesses surveyed said they were focused on industrial applications, while only 37 percent were working on consumer goods and devices. Without some of the dangers, VR can be used to mimic operating in unsafe conditions or with costly, easily broken instruments and equipment. On the other hand, AR may be used to immediately transmit critical information to the customer about whatever happens to be in front of them, minimizing the time wasted on manuals by programmers, mechanics, or maintenance workers and looking up details online whilst on the job.
The five biggest technology based on AR and VR as following:
• in healthcare (The adoption of AR in healthcare is forecast to grow even more quickly – with the value of the market increasing by 38% annually until 2025.)
• Headsets (Headsets get smaller, more mobile, and more powerful.)
• fast mobile networks (5G)
VR and AR educational opportunities will begin to become more and more popular in 2021. The interactive nature of VR ensures that students can participate in innovative forms of learning in enjoyable ways, and AR adds new versatility to training on-the-job.
Reference > https://www.forbes.com/sites/bernardmarr/2020/01/24/the-5-biggest-virtual-and-augmented-reality-trends-in-2020-everyone-should-know-about/?sh=2217b58024a8
