As the COVID19 pandemic has affected a lot of segments whether it is a business or a school or universities or any other. The technologies are significantly playing a vital role in day to day lives and have impacted in better ways in this covid19 pandemic which has created a fundamental impact on business and its working standards. Technologies have accelerated the entire growth and market scenario of the business in one or another way including digital payments, healthcare industry and robotics. The technologies are playing a crucial role and are assisting us to reduce the spread of this crisis while helping businesses stay open.
The impact of technology at the workplace cannot be overstated. In the present scenario, technology has become imperative in all businesses all over the globe, with such a large number of diverse applications from traditional desktop PCs to correspondence smartphone apps. Contingent upon your company and your viewpoint, you can get enormously creative with tech in the working environment. The more you innovate with the technology, the more you will find how astounding the opportunities are for boosting profitability, workplace life, sales and more.
Statistics demonstrate that the market share of augmented and virtual reality is suspected of surging by 2022 – it will scale eightfold as corresponded to 2018, amounting to $209 billion. At the same time, extended reality (XR), the new family member to virtual reality (VR), augmented reality (AR) and mixed reality (MR) is also gaining steam & driving various processes and events.
Let us figure out what exactly XR is, what its core abilities are, and what market value it has.
The Genesis of Extended Reality
XR encompasses virtual reality, augmented reality, and mixed reality, and the reason why XR has emerged is their (AR, VR & MR) proliferation and convergence. So in order to get a thorough understanding of this platform that fuses above-stated terms, we have to discuss them separately.