Virtual Reality (VR), Augmented Reality (AR), and the Future of Business

We’ve seen the use of holograms as far back as the Star Wars films in the ‘70s and early ‘80s, and later the virtual reality scenarios in Hollywood films such as Minority Report and The Matrix. But Virtual Reality and Augmented Reality will soon be at our doorstep impacting the way we learn, shop, entertain, and interact. In fact, this technology is already being used in multiple industries and its growth is set to skyrocket. According to the 2018 forecasts by International Data Corporation, investment in virtual reality and Augmented Reality will be 21x over the next four years, reaching €15.5B (roughly $18.4B) by 2022.