The Future of Virtual Reality

Many are under the notion that virtual reality is a relatively new piece of technology but that statement is as far away from the truth as possible. It has been a long time coming and those in the gaming sector would definitely remember Sony PlayStation’s VR headset and Nintendo Wii’s hand held device. The immense success of Pokemon GO is just further proof that the world and its new generation inhabitants are ready to step on to a new reality and the physical world is no longer enough for them. Today let us check out just how much virtual reality will influence our lives in the future.

The Senses

We are all familiar with the VR headset that take us to a different world and give us the luxury of the sounds as well but that is just two of the five senses. Our touch, our smells are still yet to be integrated and that makes the transition perfect. With the right gear we can literally feel like standing on a different planet, or underwater or inside your favorite movie or game.

The Videos

Ever wondered if it was possible to record videos and view them in virtual reality? Well if you think that there won’t be any change you are wrong. Imagine your birthday being shot and later when you view them you can view exactly what everyone was doing. It would feel as if you are actually there for a second time and reliving memories could not be any sweeter.

Computing Platform

Right now we have discussed about virtual reality in a more entertainment oriented way. While it’s true that Gaming and Entertainment sector in general would reap the most benefits from VR. Sectors such as retail and marketing are not that far behind and not to mention the technology of Virtual Reality could indeed be the next major computing platform.

Market Potential

Back in 2016, the Virtual Reality market was worth nearly 2 billion U.S Dollars and these figures are expected to reach 25 Billion by 2020 and the figures for the combined effort of both augmented and virtual reality is expected to reach a staggering 120 Billion U.S Dollars by the year 2021.

In India

It would come as no surprise that one of the nations with the largest internet users have not already started laying the foundations for this gold mine technology. In fact there exists several virtual reality companies in India that are dedicated and quite proficient to provide VR services as well as VR hardware and products to their clients. A trend seen in the Southern tip of India, in Gods own country known as Kerala is there companies perform services for both Virtual Reality and its little brother Augmented Reality. A notable example is iBoson Innovations that excel in providing both VR and AR services and is also credited to a fully functional augmented reality app to their name, the very few that exists in South India.

Conclusion

The future looks bright or should I say virtual? Because it is very evident that virtual reality is here to stay and as long as its active we can see radical and revolutionary changes to many sectors that we have grown accustomed to. The next integration to virtual technology will be with our smart phones and other hand held devices that have become a part of our lives and to some a part of their body itself. With virtual reality startups popping up and the necessary investments to lift them off of the ground the sci-fi movies we grew up seeing on television could be the reality.