philip lelyveld The world of entertainment technology

21Dec/20Off

Deloitte: Augmented and virtual reality set to grow in 2021

Growth factors

Though virtual and augmented reality’s future is uncertain, the report highlights some findings that point toward greater adoption in the future:

  • Cheaper high-quality VR headsets are expected to be released that cost under $1,000, which the report calls the magic point.
  • Hard numbers on some enterprise programs are showing an average 32 percent improvement in productivity.
  • Academic research suggests that employees prefer AR to video in work settings. Their problem-solving improves, they make fewer errors, and they perceive it as more efficient than a regular video call.
  • AR training yields a 75 percent retention rate, higher than almost any other form of training. Lectures and readings have only a five to ten percent rate for example.
  • VR is safer and less risky for training in dangerous environments, such as firefighters.

The Delloitte report is here: https://www2.deloitte.com/content/dam/insights/articles/US93838_TMT_Predictions_2021/DI_2021-TMT-predictions.pdf

See the full story here: https://www.hypergridbusiness.com/2020/12/deloitte-augmented-and-virtual-reality-set-to-grow-in-2021/

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