Introduction to Virtual and Augmented Reality
Virtual reality (VR) and augmented reality (AR) are two of probably the most exciting and rapidly evolving technologies today. They are changing the best way we experience and interact with the world around us. According to a recent forecast by research firm IDC, worldwide spending on VR and AR is anticipated to succeed in $18.8 billion this 12 months. But what does this mean for the common consumer, and the way are these technologies getting used?
Current State of VR and AR
We anticipate that 52.1 million people will use VR and 83.1 million will use AR a minimum of once per 30 days in 2020. This represents 15.7% and 25.0% of the population, respectively. These numbers are expected to proceed growing because the technologies improve and change into more accessible.
Comparison to Last Year’s Forecasts
This 12 months’s forecasts are just like last 12 months’s, with only slight revisions to reflect changing market dynamics. However, the COVID-19 pandemic could have long-term impacts available on the market, which we’re closely monitoring.
Drivers of User Growth
The growth of VR and AR is being driven by various factors. VR growth is being propelled by advances in hardware, including higher-quality, lower-cost headsets. On the opposite hand, AR growth is being fueled by software development and the creation of standardized platforms on which to create recent applications.
The Impact of 5G Cellular Connectivity
The introduction of 5G cellular connectivity is anticipated to have a major impact on the expansion of VR and AR. Faster and more advanced cellular networks will improve VR and AR experiences, create a bigger potential marketplace for cloud-based streaming applications, and end in cheaper headsets and higher-quality content.
What to Expect within the Future
As VR and AR proceed to evolve, we are able to expect to see recent and progressive applications of those technologies. From gaming and entertainment to education and healthcare, the potential uses of VR and AR are vast and exciting.
Conclusion
In conclusion, virtual and augmented reality are two rapidly evolving technologies which are changing the best way we experience and interact with the world. With hundreds of thousands of users expected to adopt these technologies in 2020, it’s an exciting time for consumers and businesses alike. As the technologies proceed to enhance and change into more accessible, we are able to expect to see recent and progressive applications of VR and AR in the long run. Whether you are a gamer, a student, or just someone who’s inquisitive about the newest technologies, VR and AR are definitely value keeping track of.
