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January 15th, 2024
GlobalData highlights transformative impact of immersive technologies across sectors

The growing demand for immersive experiences is driving the evolution of advanced platforms and technologies. These innovations are set to transform how people engage with content and their environment, offering captivating virtual worlds and enhancing education, training, and various sectors like healthcare, consumer, retail, automotive, travel & tourism, and gaming, says GlobalData, a leading data and analytics company.

Saurabh Daga, Associate Project Manager of Disruptive Tech at GlobalData, comments: “The demand for platforms infused with technologies like AR, VR, and mixed reality has been growing across sectors due to their ability to enhance training, consumer experiences, and operational efficiency. In healthcare, they enable realistic medical simulations, boosting skills and safety. E-commerce benefits from interactive product visuals, enhancing decision-making. The automotive sector uses them for design, manufacturing, and customer engagement. In travel & tourism, they enrich tourist experiences. Moreover, immersive platforms are finding greater use in industrial sectors bridging the divide between physical and digital for enterprises.”

GlobalData’s “Immersive enterprise: the sector impact of alternative reality technologies” report delves into over 60 real-life implementations of immersive technologies. The report categorizes these implementations based on the end-use sectors and use cases.

GE Healthcare partnered with medtech company MediView XR to create the OmnifyXRTM Interventional Suite System, which will integrate mixed reality solutions into medical imaging. The resultant platform combines augmented reality visualization, remote collaboration, and clinical insights with medical imaging using spatial computing and mixed reality. This collaboration aims to advance the use of augmented reality in clinical settings for improved patient care and medical interventions.

Nestle uses VR for product development, creating and testing virtual prototypes in the metaverse. This streamlines the process, tracks key metrics, and gauges consumer reactions. The consumer goods company has also applied VR to optimize Purina’s pet food division’s shelving and merchandising.

Mercedes-Benz has integrated AR glasses into its Vision One-Eleven concept car. These AR glasses enhance the driving experience by overlaying real-time information, navigation, and contextual data onto the driver’s field of view, creating an immersive heads-up display. This technology aims to improve situational awareness, offer dynamic navigation guidance, and introduce greater interactivity in the vehicle.

Daga concludes: “Advanced immersive platforms are poised to revolutionize various sectors. While these technologies offer substantial benefits in training, consumer engagement, and operation streamlining, challenges like high costs, hardware limitations, and data security need to be addressed. Nonetheless, by combining with emerging technologies like AI, enterprises can overcome these challenges, leading to a more engaging and efficient future.”

 

For more information

Analysts available for comment. Please contact the GlobalData Media Centre

Asia-Pacific: +91 40 6616 6809

EMEA & Americas: +44 207 936 6400

Email: [email protected]

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Notes to Editors

About GlobalData’s Disruptor Intelligence Center

Disruptor Intelligence Center decodes emerging tech-enabled opportunities with must-have information on promising start-ups, technology-led innovations, latest sector trends, consumer insights, and venture capital portfolio investments. It helps to monitor competitor strategies, predict emerging trends, monetize disruptive innovation, decode smart money, mine thought leadership, and capture digital consumers.

About GlobalData

4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.