The Future of Extended Reality (XR) Is Serious Business | NINJAR Blog

The Future of Extended Reality (XR) Is Serious Business

Think you know plenty about AR because you used to be in a Pokemon Go mob? Think again. Trends show that AR will be a major feature in a lot more than games and social media filters.

Virtual and augmented reality are growing technologies beyond just the video game industry, where it’s projected to make an annual revenue of $11.6B. From healthcare and real estate to live events and education, AR and VR are changing the way we live, work, and learn.

Healthcare

By 2025 the healthcare revenue from augmented and virtual reality is projected to reach $5B. In fact technology insiders actually expect to see the most advancements of AR technology in the healthcare industry. You may have noticed that AR has already made its way into hospitals and doctor’s offices. The Accuvein scanner is one great example of this. The AR tool projects where valves and veins are so that healthcare professionals can find a patient’s vein more easily when doing IV placements.

Travel

The travel industry also has a lot to gain from the AR boom. It is estimated that 84% of consumers all over the world would be interested in using AR as part of their travel experiences and 42% believe that AR is the future of tourism.

Real Estate

VR allows potential home buyers to tour properties through a headset before the property is even finished being built. This benefits both the potential buyers but also the property management companies who are able to sell well before a place is ready. Simultaneously AR technologies allow those building the properties to envision how a certain type of cabinet would look like before they are ever installed.

Take a look at this infographic for more on the future of augmented and virtual reality and how it will change healthcare, education, government, and of course, entertainment, provided by Lumus.

For companies looking to get into VR/AR/MR our Virtual Reality services offer guidance on how these technologies can enhance and support your brand strategy.

Connect with us on LinkedIn and follow @ninjar on Twitter or send us an email to hello@ninjar.com

Recommended Articles

Ninjar Creators Marketplace

21 Mar by Chi

"The next step for us is to establish a Creators Marketplace where brands and businesses looking for help with their XR products can find the exact person or studio they need in a quick and easy way..."

XR Outsourcing Trends 2019

4 Jan by Marco

"While software is said to be eating the world, immersive software developers and other technical talent remains in short supply. This shortage has led to intense competition among major tech companies to hire the best engineers.."

When we look back at AR ten years from now we’ll laugh

21 Dec by Marco

"‘beep-beep-beep…. eeee …. oooo’ - that’s the sound that we used to hear every time we wanted to connect to the internet during the dial-up phase..."

Connect with Your Users or Perish

16 Nov by Marco

"Looking at a study done by Harvard Business Review and Microsoft showing the growing trend of MR that is too strong to deny.."

Immersive Communication

12 Nov by Matt

"Visualising imaginary places and objects is fine - But what about people? How can immersive technology help bring people together, and improve our social lives?.."

How 3D & VR makes automotive design 100x better

7 Nov by Sabina

"Years ago if you wanted to buy a car, you would walk onto the lot and be shown models by some salesman, who would disclose the information he wanted to, often times at the expense of the buyer.."

VR Sickness — what it is & what we can do about it

15 Oct by Sabina

"What is it that makes putting on a headset and stepping into a virtual world feel like you are on a rocking sailboat about to be hurled into the ocean?"

The Future of XR is Serious Business

12 Oct by Marco

"Instagram already has virtual humans which attract over a million followers. The use of X.R. together with A.I. mixes together to make a brilliant new show, broadcast 24/7 with you as the star.."

Virtual Avatars

23 Sep by Matt

"Instagram already has virtual humans which attract over a million followers. The use of X.R. together with A.I. mixes together to make a brilliant new show, broadcast 24/7 with you as the star.."

Artificial Intelligence and XR

21 Sep by Matt

"Cameras are the eyes of AI, and they are everywhere.The first steps into the brave new world of Extended Reality will happen through the existing hardware of mobile phones.."

Digital Reality and Culture

18 Sep by Matt

"There is an interesting bias in modern culture – people are mainly hired for scientific and technical knowhow — not for humanity, morality, religion or creative talent.."

Technology Extends Reality

15 Sep by Matt

"We are creating the hive mind. Wires linking everything. We are building another world inside our heads, and we are teaching A.I how to thrive there. But is it what we ultimately want?.."

How Can Reality Be Extended?

12 Sep by Matt

"When we built the computers to help us - we created an exo-cortex. A part of our mind outside our bodies. It extends our thoughts, our consciousness, via digital signals.."

VR | AR | MR — What do these buzz words really mean

12 Sep by Sabina

"In 2018 we are now able to mix the real world with virtual worlds in very realistic ways — and this technology is just getting started!"

Why ninjAR is a Platform and Why That Matters

11 Sep by Matt

"Everywhere we look we see the world becoming virtual. Everything we know, such as media, currencies, businesses, products, services and even people are being converted to digital assets..."

VR Creation Made Simple

10 Sep by Marco

"Our team spent seven years creating innovative digital products. During this time, we were lucky to establish and collaborate with a network of world-class developers, designers, and product managers to create beautiful, functional software..."

Back to Blog