Augmented reality (AR) adds digital elements to a live view often by using the camera on a smartphone, whilst virtual reality (VR) is a complete immersion experience that shuts out the physical world.

The Covid-19 pandemic has significantly prompted the adoption of virtual reality and augmented reality technologies as businesses have turned to remote work. Overall, global spending on AR and VR headsets, software and services, including purchases by consumers, rose in 2020 to $12 billion, up 50% from 2019.

And there are other factors, including a big leap in the development of complementary technologies. Powerful frameworks, such as ARKit and ARCore, have emerged, and the processing power of computers and internet connectivity have increased at an unprecedented rate.

As a result, the technologies that were mostly experimental toys two years ago blend into our lives with ease. Extended reality is not the future anymore. It has become a mature and usable tool for both business and entertainment purposes. In addition, VR headsets are getting cheaper every year and becoming popular in the B2C market, which also increases the demand for technologies.

Source: Forbes

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