If you dislike putting on those sticky, ill-fitting 3D glasses given out at movie theaters for watching 3D films, chances are you won’t be wildly excited about donning Virtual Reality (VR) goggles to take in a virtual reality experience. Besides, at first glance, VR headsets look more like wearables for obsessive gamers than for people who can’t live without their PlayStations.
Yet virtual reality (VR) is fast becoming today’s “it” technology. It is finding new and exciting applications — not just in entertainment, but a host of other industries such as tourism, real estate, health, education, media, fashion, design and so on. And it’s expected to grow bigger. According to a report by investment bank Goldman Sachs, the market for VR will be $60 billion by 2025, up from less than a $1 billion today.
India has begun to dip its toes into the technology, too. On October 24 the country’s first online virtual reality magazine, ElseVR (pronounced “Elsewhere”), was launched in Delhi with a set of three documentaries shot in the VR format. At the Mumbai Academy of Moving Images (MAMI) festival last month, the promo for the sequel to S S Rajamouli’s monster hit, Bahubali, featured a VR spot enabling the audience to take a virtual tour of the film’s sets. Furniture e-tailer Urban Ladder is also experimenting with VR for their kitchen and decor solutions.
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Yet virtual reality (VR) is fast becoming today’s “it” technology. It is finding new and exciting applications — not just in entertainment, but a host of other industries such as tourism, real estate, health, education, media, fashion, design and so on. And it’s expected to grow bigger. According to a report by investment bank Goldman Sachs, the market for VR will be $60 billion by 2025, up from less than a $1 billion today.
India has begun to dip its toes into the technology, too. On October 24 the country’s first online virtual reality magazine, ElseVR (pronounced “Elsewhere”), was launched in Delhi with a set of three documentaries shot in the VR format. At the Mumbai Academy of Moving Images (MAMI) festival last month, the promo for the sequel to S S Rajamouli’s monster hit, Bahubali, featured a VR spot enabling the audience to take a virtual tour of the film’s sets. Furniture e-tailer Urban Ladder is also experimenting with VR for their kitchen and decor solutions.
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