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The Virtual Reality Revolution Begins Now

The Virtual Reality Revolution Begins Now

by Novak Bozovic06/10/2016
With Sony’s PlayStation VR headset coming on October 13th, it is safe to say that we will enter a new era of entertainment. Even though numerous companies like Google, Microsoft, and HTC are offering their own virtual/augmented reality headsets, they've made just a small dent of what is expected to happen.

VR is Bound to Change Our Future

As this technology moves into the mainstream, companies are placing bit bets on virtual reality as the new way of interacting with technology. For example, this could be seen by Facebook’s acquisition of Oculus Rift for $2 billion and Microsoft’s investment in its HoloLens technology, which are the prime examples of this technology’s potential.

Still, there are some industries that are bound to be changed as virtual reality becomes widely available. It is also interesting to note that many of these scenarios seemed like distant future only a year ago, but it seems like a lot has changed recently.

When it comes to the future of virtual reality headsets, it is clear that gaming is one of the first industries that will be under attack. During the last couple of years, gaming has become one of the most lucrative aspects of entertainment, with products like Microsoft’s Xbox and Sony’s PlayStation leading the charge.

Over time, we began to see photorealistic graphics and smooth performance even on older machines. However, the underlying technology of VR/AR will be the next step with the introduction of PlayStation’s VR alongside a whole catalog of VR-ready games.

According to Sony, there are 40 million eligible players that can join the bandwagon, which means that millions will be using VR by the end of this year.

Another industry that seems more than ready to embrace VR is real estate. Anyone who’s ever looked for an apartment or a house knows how important it is to look at the offer first hand.

Even though images, videos, and 360-degree imagery can do the trick, VR will be the first technology that will allow you to teleport into potential apartments and houses. There are companies, such as Matterport, which have come up with technology to easily capture real-world spaces in 3D.

These spaces can then be previewed in virtual reality or by using an app. Since this is not just a gimmick, but instead a real tool that can help real estate agents to score more sales, we will most definitely see VR changing this industry.

Aside from gaming and real estate, travel industry also seems like a candidate for the rapid change and adoption of VR. With websites and services like Airbnb, anyone can easily book accommodation. However, these websites currently act as general listing sites, even though they are doing all they can to showcase their offerings.

On the other hand, companies like eliteLYFE are already taking the next step by bringing a VR platform to the marketplace. Those who are still not convinced that VR will soon change the way we interact with technology and consume media and entertainment couldn’t be more wrong. The possible applications are simply endless, where it seems like we’re just starting to scratch the surface.

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About The Author
Novak Bozovic
Tech editor and architecture student. His stories have featured in numerous online publications covering hottest stories about IT-and tech trends.

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