Virtual reality can be considered an incipient industry that promises a lot, but somehow manages to fall short of mass market products. After all, only a few companies that entered the game were able to honor the hype created around them.
However, companies that can or already hold a dominant position in the market are definitely attractive to investors. The opportunities are huge, so buying virtual reality shares can be really tempting.
Several companies from different sectors are launching into the world of Virtual Reality training, and the benefits for companies, workers, or students doing the training couldn’t have been more hopeful.
What are the main reasons to invest in virtual reality?
Human beings learn by doing, so VR simulations that allow us to experience scenarios help us learn and remember better.
Imagine sitting in the cockpit of a Bombardier Q-400 on its final descent before landing, only to discover that its retractable nose is stuck. Fortunately, you’ve made a belly landing dozens of times. As always, you first touch the runway with the back wheels and then drop your nose on the asphalt. The landing is not extraordinary, and it doesn’t even shake you. You’ve handled this maneuver several times, never leaving the ground. You learned to respond to equipment failures with the controls of a flight simulator.
Again, VR is still in its early stages, but it has been there long enough to see its potential. But let’s talk about some exact reasons why it’s worth investing in!
It has a potential impact in many areas
Yes, we know, basically evolved from games and entertainment, but it can be disruptive to other sectors. Think of real estate. A classic tour of the house can be replaced by a virtual reality tour, so that potential customers from all over the world can see the property. And this is just one example.
It’s a fast-moving trend
with a ridiculously high adoption rate! And we’re not just talking about first adopters, who are among the first to try new things. As a side note, the total number of headphones expected to be shipped this year is 9.6 million, while by 2020 it should grow to – prepare for it – 110 million units. Let this sink a little before we decide to buy virtual reality shares.
The world’s biggest entrepreneurs trust him
The most relevant example is that of Facebook’s Mark Zuckerberg, who believes that VR will not just be a gaming portal in the near future. Movies, TV, conferences, meetings and many more will be integrated into virtual reality. And believe me, he’s not saying all this just to convince you to buy an extra action from Oculus.
We are setting ourselves a goal: we want a billion people to become virtual reality.
Every day there are similar situations in the training environments. They share a common element: participants leave safely at the end of each session.
The goal of Virtual Reality training is to create realistic workplace experiences and allow employees to take risks while working in demanding environments.
Virtual reality training companies such as Simlab IT are working to bring RV to universities and hospitals, to turn training and user experience into something better and better. And virtual reality hardware and configuration costs are becoming negligible compared to traditional training costs. In fact, VR-ready laptops can cost around $1,000 or even less if you decide to purchase a used laptop.
Not surprisingly, some of the first industries that committed to using virtual reality for vocational training are healthcare and aviation, but VR is spreading to retail, hospitality and other industries.