Increased Use of VR in Everyday Industries

PaleBlue NewsroomBlog

Virtual Reality (VR) is a highly advanced user interface that immerses the user in an artificial environment using digital 3D to simulate reality. The technological advancements and the decrease in hardware prices have enhanced the adoption of VR in everyday industries. The future with VR in the office environment promises revolutionary changes across different sectors.

Which Everyday Industries have Increased VR Usage?

From training to recruitment to communication to meetings, rapid deployment of VR in engineering, oil and gas, healthcare, and other industries has affected the desired change.

VR Usage for Training
The simulated environment provided by VR technology offers an interactive experience to enhance engagement and effectiveness of training programs. Currently, training for risky oil and gas operations like offshore exploration use VR to design simulation that allows trainees to learn without exposure to high-risk. The technology also accelerates knowledge sharing in training situations where it is not feasible to convey and instill hands-on experience into the trainees. Instead of visiting remotely located training fields, trainees use VR-powered training modules. For engineering, VR is increasingly being exploited to create a virtual plant environment that provides knowledge about equipment and processes to trainee engineers.
Simulated training facilities offer more points of engagement than a real environment because they mimic a variety of real-life scenarios.

VR in Healthcare
For several years, VR has been used in the healthcare space to design simulations for training surgeons on high-risk invasive procedures. Hospitals are outsourcing critical equipment operation training to VR-related medical companies. With VR simulations, practicing medical staff can train and learn using virtual emergencies without disrupting normal work routines. Safety training in high-risk situations like an epidemic is increasingly being executed using VR. Using VR, healthcare practitioners are interlinking with the world’s medical fraternity to enable outsourcing of expertise and experience.
By eliminating geographical limitations, complex medical operations can be simplified by bringing the greatest minds in the field together, virtually.

VR Usage in Recruitment Industries
Even though the recruitment process has relied on free sourcing tools and platforms to fill positions for years, VR presents recruiters with an opportunity to tap into a deeper talent pool. Using VR, recruiters can design simulated interviews with talented candidates from across the world. Also, candidates can tour the office virtually to experience the office culture and visualize themselves working in the role to be filled.

VR in Everyday Communication
Apart from digital meetings, VR is increasingly being implemented in the office environment to address a myriad of issues. For one, VR-based training platforms are currently being used to deliver immersive anti-harassment training in the workplace. Employees are immersed in several situations like an office party and are required to respond to specific comments and actions as part of their training. The technology surfaces every aspect of communication, such as body language and tone, during employees’ VR-enabled interaction. This allows for an in-depth assessment of areas of weakness that should be addressed. The context of the situation provided by VR makes it much easier to train for sensitivity and mutual respect between all genders and cultures in the office environment.

VR Growth and Predictions

According to a report by Fortune Business Insights, the global virtual reality market is projected to reach US$ 120.5Bn by 2026. This represents a stellar CAGR of 42.2% between 2019 and 2026. In healthcare, the VR wearable market was worth nearly $7bn in 2018 and is expected to reach $28bn by 2030, growing at a CAGR of only 13%. Even though growth has been reduced slightly over the past two years by increasing demand for Augmented Reality (AR), the combination of AR/VR for neuropsychological conditions promises to increase the usage of VR in healthcare. VR usage in training is expected to be more accessible and expand further into online learning to offer robust training tools. Also, VR usage in communication and recruiting is projected to increase, along with accessibility.