Category: Tech


The New Hyper-reality Of Work

Augmented and virtual realities promises to dramatically change how we work in the future, but the technology is already having an impact in education and training.

IKEA is Gifting 14,000 VR Headsets to Its Employees This Holiday Season

The Swedish flat-pack furniture giant has made some impressive strides into virtual and augmented reality in the past few years, and to celebrate its success, the company is gifting VR headsets to its employees this year for the holidays. According to a Fast Company report, IKEA will be giving 14,000 of its US-based employees VR headsets.
InReal Estate

Virtual reality for off-the-plan sales on the rise

Virtual reality is being used to give potential residents a better understanding of what living at Lendlease’s Melbourne Quarter will be like, offering hope that fewer resources can be consumed to promote and visualise new property development. “Virtual reality goggles give buyers the chance to step inside residential amenities like swimming pools, gyms, spas and our New York-style Skypark before they have been built to experience the precinct in real time and scale,” The use of VR is on the rise in residential developments and could have implications for sustainability, with the potential for dematerialisation through the phase-out of traditional display suites – and with the rise of home VR systems, there’s the potential for people to cut out travel and do their inspections at home in future
InMarket Analysis

Report: Global VR Hardware Revenue To Hit $3.6 Billion in 2017

VR revenue from software and services will increase by almost $1B this year. After a mixed year for VR hardware sales in 2016, two new separate reports are painting a more optimistic outlook for the VR market going forward. In a new consumer VR report just released by SuperData Research, the findings show that global VR hardware revenue is expected to hit $3.6 billion in 2017, up 142% year-over-year. The report examines the market size and revenue of consumer VR hardware and software from 2016 and forecasts growth through to 2020.
InMarket Analysis

Virtual and augmented reality to become an $80 billion market by 2025

The race for the next computing platform may be over. Heather Bellini of Goldman Sachs Research expects virtual and augmented reality to become an $80 billion market by 2025, roughly the size of the desktop PC market today. In this video, Bellini discusses how the technology has improved since earlier launch attempts and how it’s already transforming sectors like real estate, healthcare and education.