Companies are incorporating VR & AR in a wide range of industries, from healthcare to manufacturing. The technology is a game changer: It puts relevant data in context–enhancing capabilities and insights.
AR can also help train workers and avert potential safety issues on the production line. It can simulate environments, provide equipment indicators, and provide real-time feedback to workers.
Entertainment
The entertainment industry is a great place to explore new technology. Filmmakers, game developers, show producers, musicians, and artists can use cutting-edge VR & AR to create high-quality shows that pull in millions of viewers.
The use of VR in the entertainment industry is growing fast, attracting consumers, investors, and creators. In addition to entertainment, it’s also being used in sports, gaming, and theme parks to create new experiences that bring people together.
For example, in music, augmented reality can help fans to connect with their favorite musicians and performers by creating personalized experiences with a virtual world. It’s an exciting way to interact with a band or artist and learn about the band’s history, songs, lyrics, and more.
Aside from concerts, AR can be used in other entertainment venues like museums and amusement parks to make their exhibits more interactive. It can also be incorporated into movies to give audiences a unique experience that they won’t find anywhere else.
In the sports arena, a number of clubs are already experimenting with VR to provide fans with experiences that they can’t get elsewhere. It can be a huge advantage for die-hard fans who want to watch games from the stands or the sidelines without having to miss an important moment.
It can also be used to allow users to participate in virtual versions of sports events such as eSports competitions. In the future, we may even see VR sports adapted into family entertainment centers for children to enjoy without leaving their homes.
Regardless of the application, it is important to remember that VR and AR both have their pros and cons. For instance, VR requires a large cloud storage space and extensive processing power to generate immersive simulations of virtual environments. On the other hand, AR requires less bandwidth and processing power to render a more realistic, less expensive simulation of the real world.
However, both technologies have the potential to transform many industries by providing an immersive experience for users. This is especially true in the construction industry where contractors and workers can gain access to the latest information, such as BIM models, through their phones.
Automotive
The automotive industry is an extremely lucrative sector and offers plenty of opportunities for companies to make use of VR & AR. This technology can improve the entire production process, streamline processes, increase safety and reduce costs.
The automobile market is a highly competitive one and requires automotive OEMs to keep innovating on a year-on-year basis to stay ahead of the competition. With strict safety standards in place and innovative competitors, the auto industry is requiring OEMs and suppliers to invest more in connected vehicles with advanced features.
To meet these demands, automotive manufacturers have to develop prototypes of new cars in order to assess their design and performance before they are finalized as a production model. However, the development process is time-consuming and costly.
Virtual reality enables automakers to create digital prototypes and run testing and evaluations before they can finalize the car as a production model. This helps them to cut down the cost of designing a new model and speed up the manufacturing process.
Moreover, it allows designers and engineers to compare different models of a car and understand the differences between specific parts and how they add value. They can also discuss different ideas with other teams and stakeholders in real time.
This way, they can improve the overall performance of a vehicle and ensure its compliance with all international safety standards. In addition, it can help them develop more advanced car designs and avoid a lengthy redesign process once the final product is ready for mass production.
Another application of VR & AR in the automotive industry is in maintenance. This technology can help to simplify car repairs and prevent errors by allowing maintenance technicians to diagnose problems quickly and correctly. For example, if a check-light flashes on the dashboard, maintenance staff can be directed to the correct path to address the problem quickly and efficiently.
In addition to this, augmented reality can be used for training. This technology can train workers on how to complete different tasks, such as changing oil or repairing the tires. This method is more efficient than traditional methods, as it eliminates the need for expensive machines that would be needed to repair the vehicle.
Healthcare
AR & VR are increasingly being used in industries including healthcare. These technologies can be very useful for patient care, telehealth services, and provider training. They can also be useful for reducing costs and improving operations.
For example, medtech company AccuVein uses augmented reality to make nurses’ and patients’ lives easier by helping them find veins for blood injections. Using a handheld scanner, nurses and doctors can see the location of each vein on the patient’s skin, making it 3.5x more likely that they will find the vein on the first stick.
Another practical application is Body mapping, which allows healthcare workers to visually understand how a patient’s body functions and the best place to perform certain procedures. This technology can be used in many different ways, but it’s particularly useful for surgeons, who may not have the physical presence to do a full examination of a patient’s body.
In medical education, AR & VR can be used to teach students about anatomy and how the body functions. The simulated environments enable learners to learn more about a variety of topics, while providing better retention and understanding.
Moreover, VR & AR can be used in training to teach medical professionals how to handle and use complex medical equipment. This can save them money on retraining and improve their understanding and retention of complicated information.
Virtual reality can also be used for educating patients about their health and how to cope with pain and other ailments. In addition, it can be used to educate people about lifestyle and diet changes that can help prevent illness or cure a particular condition.
The healthcare industry is one of the most lucrative industries in which to invest in VR & AR. Its growth can be attributed to various factors, such as increased support for healthcare IT infrastructure, major VC funding, and the existence of AR/VR startups/companies in the US.
Education
Education is one of the fastest-growing industries for VR & AR, with schools and colleges using immersive virtual content to engage students in a more interactive learning process. This technology allows students to visualize and fully immerse themselves in their subject, which is much more effective than reading text.
It also makes it easier for teachers to design classroom content that can be used by a wide range of students. For example, Augment Education is a tool that allows educators and students to create interactive 3D content for presentations, modeling, and basic design.
Similarly, Mondly, a language-learning app, uses an AR-based virtual teacher to help students practice their skills in a realistic environment. This is perfect for remote classes, where students are not able to attend in person.
In the education industry, a lot of attention is being given to ensuring that all students are included. Educators can incorporate virtual reality into their lessons to better reach students with special needs and make the process more engaging for everyone.
To encourage more students to participate in VR & AR, policymakers should create a variety of opportunities for them to use this technology, including funding support and training. They should also encourage colleges and universities to create dedicated spaces for this technology, which can spark interest among students and faculty and encourage them to develop their own innovative uses of VR & AR in the classroom.
The technology can also be used to promote learning and help students get more involved in school activities. For instance, the University of Scranton has used AR to add an element of fun to its campus tours.
For example, people can point their mobile devices at a poster to view an animation that shows the history of the building. This is an effective way to increase enrollment and promote the university.
AR & VR is also useful in professional training, where the use of immersive simulations can help learners master specific tasks. For example, if a student is preparing for heart surgery, the AR simulator can provide them with an accurate representation of what the patient will be going through while allowing them to practice their skills without risking lives or millions of dollars in damages.