Augmented Reality and computer games are the foremost emerging technologies during this decade. they supply a replacement process of connecting with colleagues, customers, and therefore the world around us. Augmented reality may be a sibling of a computer game (VR), but AR blends digital elements with real-life, whereas computer game creates a totally digital world.
The growing number of mobile phones, their extending features, and raising Internet speed boosts the expansion of AR technology (Top 15 Emerging Technology Stats that you simply Must Know ).
As per the Digi-Capital’ report, the installation of AR applications in mobiles can reach 3.5 billion by the year 2022. during this way, more organizations are eying towards using augmented reality in their businesses.
A computer game experience can happen during a fully replicated isolated reality, which makes it an excellent medium for 3D films and Gaming. However, VR business ideas are limited to the sky. With the affordable and compelling headsets released into the market, VR technologies also are steadily improving within the use of worldwide consumers.
Forecast Virtual (VR) and Augmented Reality (AR) Market Size Worldwide from 2016 to 2020
Though the sibling technologies are still within the developing stage, they hold enormous promise for organizations now also. Multi-National Companies like Apple, Google, Facebook, Amazon, Samsung, Lenovo, etc., are investing highly in VR and AR apps. additionally, entrepreneurs, those venture the industry soon increases the prospect of achieving success.
The Best Augmented Reality and computer game business opportunities
#1 Gaming, Sports and Entertainment
When we believe the Augmented Reality applications, the primary thing that involves most of people minds is that the ‘Pokémon GO’. On the opposite side, ‘Oculus Quest’ may be a foremost all-in-one gaming system that built for VR. The demand for VR gaming is predicted to grow enormously within the coming years.
Revenue from the VR gaming will reach $ 22.9 billion by the year 2020. At an equivalent time, many of us are experimenting with several methods to create and play social gaming scenarios with both AR and VR. Firms can earn money by selling VR games through stores or by charging brands for digital advertising. If you’re running an arcade center, investing in AR / VR games or VR devices can usher in more consumers and generate more income.
Sports lovers and professionals can find valuable information with AR, for instance, the speed and trajectory of the ball, in real-time within the stadium. computer game games allow players to use their whole body are designed to facilitate players to remain fit and healthy.
VR has already entered into some sections of the sports. The VR capabilities and therefore the 360-degree video system can take real-time streaming of games, sports events, shows and concerts, and to the subsequent level, providing beautiful experiences for worldwide sports lovers. a couple of organizations are currently doing the virtual world business, but the uses of VR applications will increase day by day. Hence, business owners are getting to venture into the industry by helping brands, teams, and fans.
#2 E-Commerce and Retail
Augmented Reality applications enable customers to interact with the things and assists in creating personalized experiences to the patrons. Most of the sweetness and fashion brands are predicted to boost their business with AR and VR application software in 2021. If you walk-in to the shop with just a Smartphone, you’ll see the value, discounts, special offers, and other specialization details of the merchandise that you simply want to shop for.
IKEA has started using VR in business with the appliance called Place app’ in 2017. It allows customers to ascertain how home furniture will fit and appearance into their interiors. eBay’s launched a replacement shipping AR tool that creates you decide on an appropriate box as simple as carrying your Smartphone. Many online stores also are getting to use VR AR apps as shoppers like better to buy clothes without keeping them on. This results in quick purchasing decisions, reduced product returns, and increased customer satisfaction.
Increasing online purchases are forcing the retail industry to venture into the computer game world. it’s also a chance for web retailers. in order that customers can undergo a virtual store and buy products as they might within the world. Multi-National Companies have also introduced VR billing and a payment system where customers pay money without approaching cashiers.
#3 Education and Training
Augmenting the training experience for college kids has achieved with VR applications as educational institutions can create computer games to the no of scholars and their lecturers from several regions around the globe.
If students are learning about themes like engineering, history, physics, astronomy, a VR application makes to experience what they’re learning about in-depth in detail with character, colors, symbols, objects to form them understand so well. Also, VR technology reduces the worth and increases training performance and retention.
The best AR apps will make learning more interesting, engaging, and interactive. for instance, with AR applications, learners can witness a 3D galaxy on their screen or observe an extinct animal come to the real world. These computer game applications can bring several possibilities for learning and improve productivity to e-learning institutions.
Nowadays, renters and buyers are trying to find properties online. With VR applications, consumers can see the entire locations of properties without going outside and dalliance.
A realtor can lead a virtual tour through a property and may also see where the purchaser is trying to find and asking quarries in real-time.
For potential investors, Augmented Reality allows finding properties before they turn interactive 3D visualizations from 2D blueprints. Reduced prices and increased revenue and customer satisfaction are the main benefits of using the appliance of VR.
#5 Tourism and Travel
Virtual Tours for real-life locations may be a major advantage of VR application as you’ll attract the tourists with a virtual experience of museums, locations, festivals, and landscapes to book their travel tickets after realizing how it might be joyful to succeed in these locations.
Route navigation is handy for everybody to seek out new locations. As Google Maps has upgraded with AR technology, users can find the situation through their camera of smartphones and obtain the direction on their screen clearly. Nowadays, shopping malls, Airports, offices, trade shows became visitor-friendly simply because of Augmented Reality technology.
In addition, Resorts and hotels get to enjoy the VR apps by creating a video that shows how tourists are going to be served to draw in potential tourists to pick your resort/hotel among your competitors. Transport industries also can create a virtual experience about how convenient and safe the journey to be if you choose our vehicle for reaching your destination.
#6 Interior Design, Urban Planning & Landscaping
The interior design and landscaping industry is getting to revamp innovative and trending technologies like computer games and Augmented Reality.
The applications like ‘IKEA Place’ not only support in measuring walls and objects, but also in testing colors and concepts, and calculating the value of required materials. Interior designers can show you images and blueprints to understand how your house might look.
Same as this, an AR application will facilitate with landscaping. Virtual ready provides a hand to make plans for home construction. It also helps in presenting an indoor design concept during a
VR offers a hand at creating plans for any construction. It also aids in presenting a design concept during a positive light and visualizing the pertinent information.
#7 Medical and Healthcare
Healthcare is one of the crucial industries that have advantageous from VR and AR technology. Augmented Reality applications are in use for doing multiple tasks, from aiding patients to finding their problems without making large surgical cuts.
Virtual Reality has proved that it helps in treating, diagnosing, and easing the symptoms of PTSD, depression, autism, dementia, phobias, and other pathologies and psychiatric disorders. Video gaming technology and Ultra high-definition 4K showcases are preparing for hospitals to use VR.
An integration of gaming software, medical imaging procedures, and computer game are already using detailed organ maps and simulation capabilities. Specialist specialists will have the choice to organize and maintain a strategic distance from previously unforeseeable problems. which will limit intrusive methods, reduce confusion for the patients, and increases speed recoveries.
#8 Advertising & Marketing
Using AR technology during a creative and innovative manner helps increase sales and boosts customer relationships. Eye-catchy content encourages consumers to use an equivalent brand regularly. Fresh and unique augmented reality experiences give a chance to awe the competitors and purchasers that don’t do anything like this yet.
#9 Communication and Collaboration
Due to digitization increasing within the world, remote employments are raising day by day, which saves effort and time. Therefore, productivity enhances, but the main obstacle for remote workers is that they effective collaboration and communication instead of the standard voice or video communication methods available to them.
With the assistance of VR apps, people can happily join meetings and conferences to collaborate and interact adequately during a virtual location with the need for traveling and avoiding distractions. Employees across the planet can share their Virtual experience there itself, which ensures productive and clear operations.
Augmented Reality (AR) will offer an awesome tool for displaying information by bringing that to real-life or keeping it during a visual context. Eventually, this technology offers great experiences to the users discussing prototypes and data.
#10 Manufacturing and Occupational Safety
AR technology will help and speed up the method at factories. AR apps allow engineers to signified construction sites, prototypes, etc., and show up their imagination. Digital plans and maps can reduce time and enhances understanding.
Augmented reality glasses can give real-time data to the manufacturing and field workers that minimize errors and enhances quality, safely, and accurately.
VR mimics reduces the risks of real-life situations. Hence, it’s becoming a big training tool for all workers who got to manage physical peril. This VR technology is beneficial for all the mining companies to coach their employees without moving them to the underground.
With the above 20 best examples, we tried explaining how Augmented Reality and computer game applications can improve your business. I hope you enjoyed reading this blog.