Virtual Reality Applications: 8 ways Virtual Reality is changing the world in 2021
Introduction:
Virtual Reality (VR) is one of the most futuristic technologies which can bring a lot of difference to our future. It is presently at its nascent stage and evolving at a rapid pace. The Virtual Market is expected to grow from USD 6.1 billion in 2020 to USD 20.9 billion by 2025. It is expected to grow at a CAGR of 27.9% from 2020 to 2025. The reason for such high growth is the availability of affordable VR devices, the advancement of technology, and high investments in the VR market. There are currently 133 VR startups in India and many businesses in India are integrating the virtual simulation-based experience into their application development pipeline.
Compared with other areas, virtual reality in gaming has grown more and there is a tremendous opportunity in many other industries for implementing virtual reality. From Gaming to Real Estate to Health Care, VR is going to have a huge impact on society which is currently being haunted by the Covid-19 virus. The Covid-19 has constrained people to their home and made shopping, tourism, and hanging out with friends unfeasible . But virtual reality is giving society an outlet for people to feel normal and do the things which they used to do before covid times.
Here’s how VR is going to change our world in 8 ways :
- High-Risk Training: There are certain kinds of jobs that are too risky in real life and require practice before handling them in real life. Studies done by North Carolina State University have shown that people learn better by doing things rather than seeing or reading them. Fields such as the Armed Forces and Fire Fighting may benefit from virtual simulation-based training to learn what is required and what is not required for this field of work and practice routine emergency procedures. Australia-based FLAIM systems have built a VR training simulator for firefighters in which by wearing a headset, trainees are immersed in real-life scenarios that can be too dangerous to reproduce in the real world.
- Tourism: Imagine yourself sitting in your room and have the power to travel around the world with just one device, that is the power of VR. VR can enable you to virtually visit a museum in France or historical sites in Italy. VR can enable you to tour around the hotel before making a booking and helps in decision making. ImmersionVR, a Yorkshire-based company specializes in the production of 360 VR content and is making virtual tourism possible.
- Diagnostics: Doctors can see a holistic picture of a patient’s medical history and what are his needs. A doctor needs to practice certain procedures based on his/her patient symptoms but the impact cannot be seen until the procedure is done. Using VR, physicians can see the impact of certain procedures in real-time. The virtual reality market related to the healthcare industry is estimated to reach $7 billion by 2026, there will be VR technology in almost every diagnostic center shortly. AugMedics, an Israel-based company is helping surgeons to visualize a patient’s spinal anatomy during procedures, making it easier to install spinal implants.
- Shopping: Covid-19 has inhibited people to go outside and shop freely according to their will. Using VR, users can virtually try on clothes, shoes, remodel their home, and window-shop just by sitting at home. InContext Solutions, a US-based company allows manufacturers and retailers to simulate real in-store shopping situations.
- Surgeon Training: Surgeons need to pursue several on-field training and skill development sessions before operating on a real person. VR provides a way for surgeons to practice complex surgeries virtually before executing an operation on a real patient. Surgeons are benefitted from virtual hands-on training that presents no risk or no real-life consequences. Osso VR is combining its software with Oculus Rift headsets to train surgeons on orthopedic procedures.
- Space Exploration: Going into space is not possible for everyone on Earth. But with the use of VR technology one can get the experience of the universe. Space agencies can install cameras all over their space equipment and send them out to space, with people on Earth viewing and navigating through a VR headset, which would allow for space exploration in a way we’ve never seen before. Visitors from NASA’s Jet Propulsion Lab (JPL) walked on Mars, explored a 3D prototype, and even dangled a rover over the audience’s head during an augmented reality demo using Microsoft Hololens.
- Real Estate: Buying Properties require people to go to that site and investigate it thoroughly. But with the current situation, virtual tours are a convenient way for real estate consumers to visit their dream home from the comfort of their living room couches and not getting exposed to any external environment. Real estate agents can use VR technology and give buyers a detailed look around the property, based on whether a user can decide whether to buy the property or not. Atlas Bay VR, a US-based startup is using VR to showcase the properties virtually.
- Improving the quality of life: Many people in this world are not capable of living a normal life due to various reasons such as disability, physical ailments, etc. They deserve their right to explore, to be able to love, and to be able to experience the wonders of the world. VR could be a way for the disabled to experience what normal people feel and do every day. ‘Embrace the Life VR’ is an association designing applications developed by and for wheelchair users to aid navigation in different environments and while providing a positive therapeutic effect that decreases anxiety, increases social integration, and improves the quality of life.
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PS: The information above has been partially referred from different sources.
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