Virtual, Augmented and Mixed Reality: The future Decade’s most revolutionary innovations

December 2, 2020

In a number of diverse fields, AR, VR and MR have also had a huge influence. In the latest business report survey, IDTechEx forecasts that these technologies will rise to $8bn by 2030. In preparation, one aspect that augmented, virtual and mixed reality have been used is. An report in the Financial Times recently revealed that VR developments are being used by the City of London Corporation to carefully organize strategies for potential commercial buildings. In the future decade, virtual, augmented and mixed reality will be a crucial technology, with IDTechEx forecasting that the demand for augmented, mixed and virtual reality will expand to over $30 billion by 2030.

Over the 2010 period, Virtual, Augmented and Mixed Reality products began to attract high amounts of support and development. It is expected that this will occur through to the next period. IDTechEx estimates that by 2030 the AR/VR and MR will be over $30 Bn. This industry will have a wide-ranging effect on many various sectors and their use cases, and innovation will keep on to innovate in these markets and drive innovation.

(https://www.prnewswire.com/news-releases/virtual-reality-the-most-disruptive-technology-of-the-next-decade-idtechex-reports-301173739.html)




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