We all know and feel that technology is a continuum of progress, innovation, and wonder. Sometimes, we even feel a bit overwhelmed by this trend. We want to feel connected to the contemporary technology environment and stay abreast of the newest advancements. VR has long been heralded as one of these tides. Is it still the case?
As Vive showcases, it appears that VR is still one of the alpha underpinnings of technological progress. The market estimates a CAGR of 22.9%, which would see the total value at $187. The number is immense, but will VR’s influence on technological vernacular back it up? We need to do some slight research to determine that.
Consumers, especially those who pay a premium price for VR hardware, need a comprehensive set of reasons to consider their investment relevant. As such, the overall consumer base needs to see VR tech as more than a niche optionality. It must recognize the present opportunities as well as the long-term advantages.
Right now, VR still needs to shake its gaming-focused reputation if it wants to be successful and become a piece of home technology. This article will try to gauge the relevance of VR both in its primary setting (gaming of all kinds) and in a broader context. Will VR remain a simple fad or become a bridge between our shared sensory reality and a man-made technological universe?
Is VR still relevant?
We believe so. The figures of the estimated annual growth prove it in the numbers. However, it’s crucial to pinpoint the reasons behind this optimism. The main reason is the popular (and cultural) perception that VR is not as important in daily use as once heralded. Instead, it still carries the reputation of being a niche and particularly expensive piece of equipment.
The main driving force behind this perception is the lack of a popular use. Traditional gaming is still an eye-to-screen affair, just like the consumption of digital media. The immersion of VR has long carried the hope of an enhanced sense of perception that goes beyond mere interaction. It promises almost complete sensory transmutation.
Remote connectivity would give a theoretical ‘yes’ to our question. Everybody knows that the pandemic made the entire world understand that quick and virtual access is of unmistakable value. As such, VR started to become an even more relevant alternative to communication. It’s not only about talking but also about mutual visualization of shared imagery.
To return to the original question, VR is still relevant but far from reaching its potential. Where is it now?
Main uses and user profile
Yes, the main use of VR tech is gaming. The truth about VR gaming is that most of its users tie it with an already existing console. This is how GWI determined that 66% of VR gaming users also own a console. This direction correlation with the existence of the PlayStation VR2 is a clear indicator in this discussion.
Nowadays, gaming refers to all kinds of experiences that go beyond the traditional. VR use aims to provide imaging capabilities by creating an even stronger sense of immersion.
Modern games, especially RPGs, create spectacular environments with incredible set pieces. They create immersion through all the facets of game design. VR enhances the sensory connection with this carefully crafted environment, reaching further levels of immersion.
Gaming is not just about games of skill. The market of games of luck, also known as gambling, is seeing an increasingly intense rise in popularity and relevance. As proven by the SlotsCalendar US analysis of digital casinos, they have started using more and more cutting-edge tech. It’s entirely possible that VR can enter the iGaming field soon enough.
Other uses that are rising quite significantly are in medical and building use. Managing to visualize a project via 3D imaging is a whole new method of understanding shapes and dimensions.
Conclusion
What can we expect from the future of VR? As stated above, the future of VR is a balance of affordability and relevance. The potential uses are fantastic possibilities that will definitely enhance how we relate to our reality. Since the chances of enhancement are all about the future, the hope is that the hardware will become a staple of our regular kit of devices.
