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Stay ahead of VR, AR, MR trends in 2020

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VR is showing signs of being a healthy industry capable of sustaining itself. The use of virtual reality in manufacturing performing repetitive tasks that initially required continuous manual labour, has stood out among all. For any manufacturing business, the end product should not possess any defects or errors. The technology is increasingly lending itself to fields such as training, education, design, enterprise, marketing and retail applications. While VR implementation is seeing some traction, AR implementation still faces some technical challenges. Over the next year, XR spending is projected to increase by 78.5% compared to the current year. Just like in 2019, AR and VR will continue to make waves in 2020. According to the 2020 XR Industry Insight released by VR Intelligence, the development of enterprise XR solutions is currently outpacing that of consumer solutions. According to the report, 65% of the augmented reality companies it surveyed said that they are working on industrial applications. Augmented reality is also finding its way into healthcare. Surgeons are using augmented reality, not just in the theater but in training and updating their skills. We are also going to see more forward-looking health institutions adopting various XR health innovations. The rollout of 5G networks will likely accelerate that. It is still possible to stream VR at the moment but this can only be done on a limited scale.

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