Virtual reality has so many applications in the real world. One of the ones that has been getting a lot of traction lately is to treat phobias.
There are countless applications for virtual reality, and every single one of them is incredibly exciting. The design world in particular has been experimenting with this new technology, and now experts are using it for new purposes.
National Geographic is the classic magazine, and now website, where subscribers get access to fascinating information about the world around us. They cover everything from history and science to modern culture and society.
According to a report from IHS Markit, a London-based analysis firm, the AR & VR market hit $3.2 billion in 2017. This market analysis combined virtual and augmented reality statistics since the two fields are so closely related, however, it should be noted that not all augmented reality technologies need virtual reality in order to succeed.
There are promising VR applications in a number of industries. One space where it could be incredibly useful is actually healthcare. It can help to educate medical students without having to operate on actual patients, but there are more useful applications for the everyday person.
Virtual reality technology is primarily visual, but some people wish that all 5 senses were involved. Sight and sound are a big part of the human experience, but we can't forget about taste, scent and touch too. Of course the most innovative companies are working on this issue.
There is a big race happening in the virtual reality sphere and that is the race towards volumetric video, or holographic video.
In 2017 alone, there were $2.5 billion in virtual reality investments, with $1 billion invested simply in the last quarter of the year!
Virtual reality technology is definitely going to change the way that people interact with media every single day from movies and video games.
Most VR headsets use eye tracking technology for realistic movement within a virtual reality world, but a new microchip might make them smaller!