At SenseVirtual most of our focus is building Virtual Reality & Augmented Reality solutions and experiences for the local market.
Recently a high profile international VR & AR report came out that got us excited about the future of this industry, thereby making what we doing here in Africa even more exciting.
The report had some interesting outcomes.
– The Virtual Reality market is expected to grow at an exponential rate of 49% every year until 2023.
– The Global Virtual Reality market in Education & Training will grow at an exponential rate of 59% every year until 2023.
– The Global Augmented and Virtual Reality in Healthcare Market will grow at an exponential rate of 37% every year until 2023.
– The Augmented Reality Automotive Market will grow at an exponential rate of 20% every year until 2023.
Here in Africa, we have been using these incredible technologies in a wide range of areas.
Below is an example of an Augmented Reality prototype retail solution we have been building that allows users to place their phones anywhere in their kitchen and view what products will look like in their space before making a purchase.
Enjoy the week ahead!