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Posted by Harry on July 10, 2024 at 1:19am 0 Comments 0 Likes
Posted by Rayhan Recidence on July 10, 2024 at 1:19am 0 Comments 0 Likes
When it pertains to keeping your home, some of the most crucial aspects to consider is your roof. In College Station, TX, roofing companies offer a wide array of services to ensure your roof stays in leading condition. Whether you require small fixings or even a complete roof replacement, these specialists have you covered. Let's look into the a variety of services a company of roofing College Station delivers,…
ContinuePosted by Sakina Burhan on July 10, 2024 at 1:19am 0 Comments 0 Likes
The global Virtual Reality Market size is expected to reach USD 87.0 billion by 2030, according to the latest report by Grand View Research, Inc. The market is expected to expand at a CAGR of 15.0% from 2022 to 2030. The rapid penetration of Head-Mounted Display (HMD) in various industries, particularly in entertainment and gaming, has led to significant market growth. Additionally, the advent of 5G technology has positively impacted the adoption of virtual technology.
The emerging demand for virtual training across industries such as education, aerospace and defense, automotive, and healthcare is driving the market. For instance, in October 2021, Accenture ordered 60,000 Oculus headsets to simplify its onboarding process and train new employees. The company considers VR to be an engaging and productive technology that provides a time-efficient solution for training.
With the deployment of VR technology, the e-commerce industry has enabled shoppers to virtually try new clothes and accessories. This supports buyers in making the right purchase choices. Furthermore, the temporary closure of educational institutions to combat the spread of coronavirus has forced them to conduct their academic sessions on VR-based online platforms to facilitate better collaboration.
The VR technology has also enabled medical personnel to deliver instructions and aid therapies through the audio-visual tool. The increasing use of automation and Artificial Intelligence (AI) across many industries is one of the primary growth drivers of the market. North America is anticipated to maintain its lead during the forecast period owing to the dominance of technology companies in the region. Additionally, the emergence of various start-ups related to advanced technology is expected to impact the growth of the market.
Related Press Release@ Virtual Reality Market Report
Virtual Reality Market Report Highlights
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