5 Industries That Have Already Benefited From Virtual Reality
Startup Posted 4 months ago

5 Industries That Have Already Benefited From Virtual Reality

Virtual Reality is no longer a dream and has smoothly entered our lives. The market is growing, but some industries already had a good taste of the new technology and are enjoying the benefits that it provides. It especially comes in handy for training purposes as it allows users to simulate almost the exact environment one may find themselves in.

VR provides a safe controlled area that is suitable for different learning styles and can mimic real-life scenarios with little or no risk to the person in it. It also saves a lot of time and money since no one needs to be transferred to the actual area that is being recreated in VR.

These are 5 industries that are already benefiting a lot from the implementation of VR into their processes.

Healthcare

VR has been used in various ways in healthcare. The most important way VR is modernizing healthcare is training providers. It helps to hone and perfect the skills for specialists who need to perform very precise operations and for all the practitioners who need to get familiar with the hospital environment.

A rather new way of using VR in healthcare is using it in cognitive behavior therapy, where patients with phobias and anxieties work through their problems in a controlled environment.

Entertainment

The entertainment industry was one of the first to incorporate VR and still remains one of the strongest examples of how it can be applied. If you look at online gaming, you will see that VR has a very strong position there, allowing the users to be the part of the simulated reality and reach various locations.

Similarly, VR is being introduced to the cinemas and theme parks to simulate movie-like adventures and let people experience their favorite cinematographic masterpieces.

Automotive

VR helps car manufacturers in analyzing road scenarios and the car’s behavior on the road to learn about the driver’s experiences. The simulated situations allow them to analyze and make changes to the prototypes before developing a new model.

Virtual reality is widely used in the development of smart cars, that will flood the market in the future. Combining VR and AI helps to “teach” the cars how to recognize people on road, where to stop and how to react in this or that situation.

Education

Even though education is believed to be a rather slow industry to pick up new trends and technologies, VR has already shown a lot of promise in training. For adults, it means that any industry can provide professional training to the employees, but for the younger students it is part of educational games, field trips and experiencing the world. A safe and controlled environment that can mimic any real-life situation is a perfect place for learning and practicing new skills.

Space and military

Given that these 2 industries have to operate in rather dangerous environments that can’t be easily accessed, VR provides conditions for making it as close to reality as possible for trainings. VR enables trainees to go through preparation with minimal risks and even helps a soldier suffering from battlefield trauma to overcome the conditions and prepare for new or unexpected situations, which allows them to better cope in these situations.

VR is gaining more and more popularity and new industries start to incorporate it in their business. In terms of potential applications and industry sizes, Goldman Sachs recently put out insightful research.