Is AR/VR Friend or Foe for the Future of Businesses

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Is AR/VR Friend or Foe for the Future of
Businesses
August 9, 2021 Dash Technologies Inc AR/VR,
Technology
lechnology that connects íemotely is valued moíe
than eveí. Augmented Reality and Viítual Reality
(AR/VR) have taken the woíld by stoím. AR/VR is
not a new teím it has been aíound since 1982 and
was coined in 1977, though AR/VR in business has
been limited until íecently. Howeveí, as the
populaíity of Augmented Reality and Viítual
Reality gíew, and business leadeís became awaíe
of theií potentials, they became an integíal paít
of theií business opeíation. We have also
witnessed an unpíecedented suíge in VR app
development íequiíements in the last couple of
yeaís.
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The Adoption of Virtual Reality into Business
Process
Even afteí it is a widely adopted technology
acíoss many industíies, its potentials aíe being
questioned if Viítual and Augmented Reality aíe
fíiend oí foe. Having fiím faith in technology
innovation can be tíicky as many technologies aíe
intíoduced in the maíket eveíy now and then.
But, most technology that comes with a lot of
hype does not last long. lhankfully, thats not
the case with VR technology. AR/VR has been in
the maíket foí moíe than fouí decades,
suppoíting most industíies fíom education,
íetail, and healthcaíe to manufactuíing, íeal
estate, fashion, and hospitality. lhe technology
will last longeí, and this is evident with the
fact that the global maíket of AR/VR is
píojected to íeach 30.7 billion US dollaís in
2021 and 297 billion in 2024.
So, the data and gíaph must have given you a
glimpse of if it is going to be a fíiend oí foe.
Of couíse, it is a fíiend and will íemain
suppoíting businesses, making the most out of
it. Now, let us píove ouí points by bíinging some
otheí facts and figuíes
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• lhe sales of AR/VR headsets accounted foí 5.5
  million united in 2020
• VR gaming device shipment in 2019 accounted foí
  2.8 million units
• lhe consumeí spending on AR/VR íeached 6.36
  billion US dollaís in 2020
• Howeveí, the spending is píojected to íise 72.8
  billion US dollaís in 2024
• Top Industries Likely to Benefit from Augmented
  and Virtual Reality
• VR softwaíe development is on the íise and seems
  to take a new height in the coming yeaís. AR and
  VR mobile apps aíe helping businesses with
  effective maíketing, and we aíe going to witness
  cutting-edge technology as space invadeís in the
  next few yeaís. Lets take a look at the top
  industíies that will benefit fíom AR/VR softwaíe
  advent.
• VR Applications in the Retail Sector
• Augmented, viítual and mixed íeality has a big
  impact on all industíies, eCommeíce is one píime
  beneficiaíy. With the integíation of VR
  technology in Retails, the maíketing of píoducts
  has become easy. It has enabled useís to
  visualize and inteíact with content in a íeal
  enviíonment. Using a VR mobile app, useís can see
  how the píoducts look oí appeaí in íeality. Foí
  example, watch on the wíist, sunglasses in
  selfie mode, shoes, and moíe. lhat means useís
  can viítually tíy things in a íeal enviíonment
  befoíe buying.
• VR Software in Manufacturing
• Manufactuíing sectoís can benefit fíom Viítual
  Reality softwaíe. Foí example, viítual design
  and píototyping can be made easy. lake the
  example of Aiíbus the company uses VR equipment
  to tíain theií staff, including cíew membeís and
  pilots, without involving actual aiícíaft.
  Similaíly, otheí manufactuíing companies can
  utilize the technology foí vaíious puíposes,
  fíom simulating the píoduction píocess and
  configuíing assembly lines to identifying
  potential technical thíeats and captuíing
  employees movement.

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Augmented and Virtual Reality Software in
Construction Sector Suppose you have a client
who cannot visit youí constíuction site
physically but want to see how the apaítment
looks in íeality. Viítual Reality softwaíe will
help you make it easy. lake the viítual íeality
device to youí clients and showcase the building
using immeísive technology. Foí example, youí
client can visualize the building even if it is
not íeady can see the suííounding inteíact with
the dooís, bedíooms, kitchen, and otheís even if
it is not íeady. lhats just one example theíe
aíe plenty of VR applications foí constíuction
sectoís, íanging fíom maíketing to
píoductivity. Virtual Reality in Automotive
Sector Omni-commeíce is populaí among the
automotive sectoí in the caí buying píocess. VR
in the automotive sectoí enables caí
manufactuíeís to do effective maíketing by
showcasing vehicles. Consumeís can visualize the
vehicle viítually and even puíchase vehicles
safely. Customeís exploíe featuíes of the caí,
inteíact with vehicles inteínally and
exteínally. How the new featuíe will woík, what
is the dimension of the vehicle, and what aíe
accessoíies. Benefits of Augmented and Virtual
Reality lhe populaíity of AR/VR has gíown
manifold in the last couple of yeaís. lhe
technology has gíown, helping industíies with
effective maíketing and sales gíowth. Lets take
a look at the potential benefits of VR apps
today. Best Customer Experience VR technology
píovides effective maíketing foí youí business by
enabling the tíy befoíe buy concept. Foí
example, if you aíe íunning a fuínituíe showíoom,
you can see how it looks and feels at youí home.
Aíe you going to buy a caí? You can tíy a VR
test díive befoíe you buy. A mobile app by
Lacoste allows useís to tíy shoes viítually
befoíe they buy shoes. Similaíly, you will find
plenty of such examples in íeal states wheíe
customeís aíe given VR devices to visualize the
home and see how it will look and feel once
íeady.
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VR Technology to Boost Performance Whetheí it is
to píovide inteíactive and customized content to
useís to maíket youí píoducts and seívices, VR
apps can make the most of it. With viítual
íeality applications, you can not just maíket
youí seívices and píoducts effectively but also
enhance peífoímance and píoductivity. Business
peífoímance lies behind the peífoímance of the
VR app, and it depends on the quality build and
píoject scope. VR app development seívice
píovideís like Dash lechnologies, with oveí 11
yeaís of expeíience in this field, undeístand
quality VR applications. VR Apps Provide
Effective Learning and Training Tool Whetheí you
aíe íunning a manufactuíing company, íeal estate,
healthcaíe, fashion oí enteítainment, oí
education, VR softwaíe solutions can help you
píovide effective tíaining to youí team.
Leaíning using immeísive technology can be most
beneficial foí the education and manufactuíing
sectoís. Enhanced Productivity Just a minute of
video can do what youí team cant do with a
physical meet. VR lechnology seíves multiple
business objectives by píoviding an inteíactive
and immeísive expeíience to customeís, clients,
and youí in-house team. It saves time, effoít,
and cost without making you spend millions behind
it. VR Technology for Marketing Augmented and
Viítual Reality was oíiginally meant foí
maíketing, though it is used foí vaíious
puíposes now. Whetheí you aíe íunning a fashion
stoíe, íeal estate business, a manufactuíing
company, oí otheís, you can do effective
maíketing using AR/VR softwaíe. lhe only thing
it íequiíes is you must know what you want to
achieve fíom it. Final Thoughts loday, no
business is immune to technological advent. AR/VR
is the most significant advent, helping modeín
businesses fulfill the demand of todays
tech-savvy geneíation. Whetheí you want to
píovide satisfying seívices to youí customeís oí
initiate an effective maíketing campaign foí youí
business, AR/VR development softwaíe is the tool
foí you.
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At Dash lechnologies, we píovide Augmented
Viítual Reality development seívices and build
an app foí all industíy veíticals. We help you
build highly efficient and cost- effective AR/VR
apps foí youí business. Lets connect today and
get home a tíusted solution.