Why Choose VR and AR for Business? SimbirSoft Unveils New Immersive Technology Service
According to Statista, the global market for Augmented Reality (AR) and Virtual Reality (VR) is on an upward trajectory, projected to reach approximately $300 billion by 2024. Notably, 25% of AR technology revenue is anticipated to stem from the industrial and manufacturing sectors, which are increasingly leveraging these technologies for design applications. Other analytical sources estimate that the VR market alone will be valued at $67.66 billion in 2024, with expectations to soar to $204.35 billion by 2029, reflecting a compound annual growth rate (CAGR) of 24.74% during the forecast period from 2024 to 2029.
The demand for VR and AR technologies is expanding as more organizations adopt these tools for various applications, including training, marketing, healthcare, and industrial processes.
Overall, the VR/AR market presents substantial growth potential, and significant advancements are anticipated in the near future.
This fall, SimbirSoft is launching a new VR and AR service designed to assist businesses in increasing sales, reducing costs, and enhancing process efficiency through immersive technologies.
Experience a free demo showcasing various application areas today! Simply submit a request on our website.
