How Will Businesses Make Use Of Virtual And Augmented Reality In The Coming Years?
Yes, it was in 1956 that the concept of machine intelligence was thought about and the term artificial intelligence was coined. Similarly, Virtual Reality (VR) and Augmented Reality (AR) are two disruptive technologies that have been fetching adoptions and interests of companies across the globe. While these still appear to be futuristic and straight out of science fiction movies, these technologies are over 30 years old. They are buzzwords today because of the tremendous development we have had in terms of data generation, storage and processing capabilities. Today’s wearable devices, computing power, the internet and hardware components substantially support the implementation of these technologies across a number of purposes and industries. In the last few years, the reach of both augmented reality and virtual reality has been so significant that this industry is anticipated to become a $200bn industry by 2022. This year alone, over 14 million VR and AR devices are expected to...