Top 5 Virtual Reality Trends in 2024 and Near Future

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A reminisce into Virtual Reality

There are a few technologies that have created a make major buzz around the world in recent years and even continue to do so for example artificial intelligence, machine learning, blockchain, and many more.

We all know how these technologies stand to disrupt the way humans have been working. But there are a few technologies which have quietly but steadily made their way to the top.

One such technology, that weโ€™ll be talking about is virtual reality.

Virtual reality is an immersive technology that takes us to the alternate computer-generated world. It allows us to fully explore this mesmerizing computer-generated world.

Often, Iโ€™ve seen people interchangeably using AR and VR, or confusing augmented reality with virtual reality. Letโ€™s make this clear that the two are very different from each other.

Augmented reality like its name โ€˜augmentsโ€™ the real with overlays much like Jurassic Park where dinosaurs were embedded into the real locations.

On the other hand, VR takes you to a whole new virtual world where everything is fiction but looks so much more real.

However, these two technologies are often combined together to get the best results because of them complementing each other so well.

But Where is VR used?

The use of VR has been aggressively increasing over the past few years, as it is used throughout different industries, from space agencies to the gaming sector.

VR is being used to train and develop people’s skills without the risk of failure in real-world situations, such as in the aviation industry.

VR is also useful in the medical field, where it can help medical students train for complex surgeries.

Studies also go on to show that by having these simulations, physicians were able to increase both performance and dexterity.

Itโ€™s not the end for VR applications as this technology is used in the military, space, robotics, cinema, video games, archeology, and many more as well.

  1. Top 5 Virtual Reality Trends in 2024 and Near Future
  2. Few examples of virtual reality trends in 2024
  3. Virtual reality statistics

Top 5 Virtual Reality Trends in 2024 and Near Future

Letโ€™s have a look at some virtual reality trends that are up for offer in 2024.

VR in social media interaction and collaborationย 

One of the most exciting VR trends for 2024 is social interaction and collaboration. Virtual reality makes it possible to offer digital avatars and interact with the virtual environment in real-time. These platforms even foster collaboration and effective community building. With the VR, you can visit a shopping mall simply sitting at home, attend a conference and do much more.ย 

Better mapping of real-world for endured AR โ€˜alternate worldsโ€™

By alternate worlds, I refer to computerized dimensions virtual reality takes us to. In this virtual world, you could be seated beside a calmly flowing river while in real-world youโ€™re seated in your office chair, each desk turns into a camp tent, a bonfire.

Magical, isnโ€™t it?

Still, confused let me give you a real-life example, we all remember Pokรฉmon Go right? This game explored the massive potential of this alternate dimension world concept.

AI-enhanced VR

Have you seen stories of people on Instagram or Snapchat with those dog faces? Well, that right there is an example of AI and VR working together. Want another example, I got you covered.

Ever heard of Machine Learning Microscope of Google? The tool packs the capability to trace cancerous tissues.

The world is just waiting for some powerful VR and AI enhancements. It is certainly one of the most significant virtual reality trends in 2019.

VR in Entertainment

To provide state-of-the-art entertainment to its audience, Oculus partnered with NBA. Now sitting courtside, one can actually feel like being in a game. Pretty cool, right?

VR technologyโ€™s accessibility is increasing now more than ever. As I mentioned earlier in the blog, it covers every industry from space to education to entertainment.

Training and Education

Training and educating are the most time-consuming and costly processes in any sector. Virtual reality technology is being used in many industries for training purposes.

VR technology not only cuts costs and provides better training but also saves them from the risk of failing.

Like a flight simulator, it is better to experience an immersive real flight cockpit-like environment in training rather than just diving into practicality after reading just theories.

That helps right?

Walmart recently used Oculus Go headsets to train their employees. They used about 17,000 headsets. Likewise, US army used Microsoftโ€™s HoloLens to offer real-time updates to its soldiers.

Few Examples of Virtual Reality Trends in 2024

Amazonโ€™s VR push

The e-commerce giant recently launched Amazon Showroom, which aims to increase the sales of online furniture.

In this new feature, users can see a 3D model of the furniture in a virtual room to really get a feel for it and how itโ€™ll look in their room.

Well, honestly, if you ask me if I wanted to buy furniture I would go to the brick-and-mortar store for the purchase.

Call me skeptical, but I would like to feel the furniture and see how itโ€™ll look in my room. Now, with Amazonโ€™s Showroom feature, I would be much more comfortable, I guess.

With Watchbox, try watches at home!

In another example, WatchBox, a company dealing in pre-owned luxury watches, used AR/VR to minimize the gap between a buyerโ€™s expectation of the product and the product that actually arrives.

They added enabled AR/VR on their mobile app, which offered customers the opportunity to โ€œtry onโ€ the watches they were interested in.

VR in the medical industry

Hereโ€™s an example from the medical industry on how virtual reality can significantly improve medical operations.

This operation was performed at The Royal London hospital. Shafi Ahmed, the surgeon who conducted this cancer operation, claimed that, in healthcare, virtual reality could give a major boost to the level of medical staff training.

Virtual Reality Statisticsย 

  • As of (2024-2028), the AR/VR market worldwide is forecasted to grow by 10.77%, resulting in a volume of US$58.1bn in 2028.
  • VR gamingโ€™s global market is expected to climb to 6.9 Billion U.S. dollars in 2025.
  • VRโ€™s software and service revenue are going to take a leap to 1.8 Billion U.S. dollars by 2022.
  • In March 2019, Sony said it had sold 4.2 Million PlayStation VR headsets.
  • Sony is expected to be the largest VR device vendor with forecasted 2.2 Million unit shipments in 2019. Oculus and HTC are other major players.

In the end

Virtual reality is a technology that has the power to change the way this world functions right now. The range of its applications gives us a glimpse at the colossal impact it could have on humanity.

In many terms, VR technology is just getting started, and the world is in for a lot of surprises. We’ll have to wait and see how this technology will improve human functioning.

Recommended For You:

Role of Augmented Reality in Smart Cities

How is Virtual Reality helpful in B2B Marketing?

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