Seeing is Believing by PwC – How VR and AR will transform business and the economy
A new report by PwC called Seeing is believing details how VR and AR will transform business and the economy.
PwC’s ‘Seeing is believing’ report explores how virtual reality (VR) and augmented reality (AR) may add value to the economy by 2030 as well as the benefits it may bring to industries including manufacturing, healthcare, energy, retail and training and development.
Their findings forecasts that virtual reality and augmented reality (AR) have the potential to add $1.5 trillion to the global economy by 2030. From creating new customer experiences to speeding up product development, VR and AR can present a broad range of opportunities for businesses.
PwC’s report is enhanced with augmented reality experiences which will provide you with additional insights. You can visit the PwC website to download your own copy and find out the results of their report, detailing how VR and AR are transforming business and the economy.
We estimate virtual reality (VR) and augmented reality (AR) can bring net economic benefits of $1.5 trillion by 2030. But where did we get that number from? As you can imagine, estimating the potential impacts of new technologies like VR and AR is tricky and uncertain. The task is even more difficult when these technologies are expected to develop rapidly and become more deeply ingrained in our everyday lives. But we feel it’s important to highlight the potential in a way that give our clients the facts to build a business case to act – and that starts with a robust methodology.