Topic – Virtual Reality Trends | 2021
Virtual reality was mostly associated with gaming and other entertainment applications up until recently, but the VR market has grown dramatically in recent years. That trend is expected to continue, with forecasted growth of over 20% per year between 2020 and 2027.
In this article, we’ll take a look at some key VR developments to keep an eye on in 2021. From virtual space to VR shopping apps, forward-thinking businesses are finding incredibly innovative ways to leverage the power of virtual reality and shape the future of the field.
Virtual reality is used in a variety of industries to simulate real-world situations without taking on any of the risks. This makes it a perfect tool for on the job training and, more generally, any form of education that relies on hands-on experience.
In construction, for example, VR can give workers an idea of the job with no need to put them in any dangerous situations. It can be much more efficient to train employees through VR rather than taking the time, resources, and risks necessary to facilitate the training in real life.
VR for Travel
While travel destinations usually rely on photos and videos, VR offers an additional layer of immersion. A quick virtual reality experience can communicate more than hundreds of photos and videos, giving potential customers the chance to visualize their destination.
With travel starting to open up again after the COVID-19 pandemic, tourism brands will need to find ways to differentiate their messaging. Providing a VR tour will give leads more confidence in their booking and help you generate as many sales as possible.
Most people still think of video games when they think of VR, and virtual reality gaming has grown more popular through consumer headsets like Oculus and PS VR. That trend will persist in 2021 and beyond as prices continue to fall and more people become acquainted with the technology.
While virtual reality will never replace conventional gaming, it offers a wide range of unique design opportunities that wouldn’t be possible on a regular TV screen. VR gaming revenue reached nearly $23 billion in 2020 and will only go up during the rest of the 2020s.
VR for Social Media
Social media might not sound like an intuitive application for virtual reality, but Facebook pushed the field in a new direction with Facebook Horizon. Horizon blurs the lines between gaming and social media, giving users the chance to interact with each other in a VR landscape.
Virtual reality facilitates engagement between people and will continue to become more important in both personal and business contexts. Facebook Horizon created the blueprint for VR-based social networks that leverage the technology for new types of interactions.
VR and other emerging technologies are changing dramatically every year, and cutting-edge brands need to stay ahead of the competition by keeping an eye on the latest developments. These are just a few of the most important virtual reality trends for stakeholders to monitor in 2021 and beyond.
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