5 Trends in AR/VR to watch out for in 2022

The world has changed a lot in the past 20 years. When you think about what you can do with the internet, cryptocurrency and AI, it makes sense that people are excited about their potential to change the world.?

There's no question that some of these topics will change how we live, work and play.?

1) The Metaverse?

For at least another decade, the Metaverse will remain a vague, intangible concept.?Many exciting technologies?have yet to be developed, like the haptics and retinal projection necessary to make VR?genuinely immersive or the wireless connection speeds?essential?to make VR and AR a viable platform.??

And though we can imagine the Metaverse as an infinite digital space where we travel by walking through digital cities, it's hard to picture what such a virtual world would look like without conjuring up images straight out of a 1990s cyberpunk fiction novel.?

"We see the metaverse economy as changing how we conduct business. The bottom line is that the metaverse economy will be the next advancement of the digital world and the connection back to the physical world. Today, the interfaces are headsets, VR, AR, and Mixed Reality, but they will evolve into human APIs ."?

-R. Ray Wang?(Principal Analyst at Constellation Research)?

Our stage is an immersive environment where the audience can choose their seats. If you point your headset in any direction and look down, there are places for you to sit in that space.?

Tilt your head forward,?and you look at a stage where performers can stand up and interact with the crowd. Move around?entirely,?and you're on a catwalk above the stage.?

That might be the Metaverse, but not in its entirety.?We?don't think it'll be a system that feels like a literal portal into another world. It will feel more like everything you see around you every day — except more?accurate?than they are now.?

2) NFTs?

NFTs are non-fungible tokens that are unique or limited in quantity. They represent one of the fastest-growing segments of the crypto market and have spawned an entirely new class of decentralized applications (DApps). NFTs are commonly referred to as crypto-collectables or crypto-collectable tokens.?

They?are emerging as a new form of digital asset and are beginning to serve as a solution to the issue of ownership of digital property. NFTs seem to be more resistant to forgery since there is no need for centralized issuance and management,?and they can be created in code directly by developers.?

NFTs have taken India and the world by storm this year. With several celebrities and brands joining the bandwagon in launching their collectables, the NFT craze has become a hot topic in the digital currency space. ?

-Abhayanand?Singh, group CEO and co-founder of Vistas Media Capital?

One example of how NFTs can be used is in digital art. With traditional art, you have to trust the gallery to have your best interests in mind when selling your art online — and that's not a guarantee.?

?With NFTs, the digital ownership rights of your artwork live on the blockchain, so anyone can verify that it's authentic without relying on an intermediary.?

?Because the blockchain is open for all to see,?creating?an immutable record of ownership. If you want to transfer your rights to someone else, you can do so without having to go through a gallery or other middleman.?

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Virtual Reality?

Virtual Reality allows you to experience a virtual environment through your senses. It uses computer technologies to create a realistic atmosphere that simulates?a?physical presence in a real or imagined place. You can have a good time playing video games or watching movies with a Virtual Reality headset.?

It's not just for kids and teenagers; adults are also getting into it, especially for business purposes. In addition, some of the world's top organizations are already using VR technology as part of their training programs.?

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The Indian Augmented Reality and Virtual Reality Market stood at USD1.83 billion in FY2020 and is forecast to grow at a CAGR of 38.29% until FY2027 . ?

-Research and Markets Report?

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You have to be connected to a computer or console to use Virtual Reality. This means you can't go anywhere without your headset and any controllers that come with it. However,?VR arcades are?popping up?worldwide?so people can sample virtual?Reality without having all the necessary equipment at home. Best of all, you don't need to worry about motion sickness because you're sitting down while using one of these devices!?

New VR headsets and apps are?being released?daily, flooding our senses with experiences we never thought possible. From virtual tours of exotic destinations to immersive simulations of alien worlds, VR is bringing us closer to the impossible than ever before.?

5G Rollout??

The next major tech revolution will be driven by Augmented Reality and Virtual Reality technologies. The potential for AR/VR applications is immense. There will be mass adoption of the technologies in?several?sectors, including manufacturing, retail, education and health. The new 5G?networks will?enable?this latest technology to become a reality for users globally.?

With 5G network speeds, we will experience AR/VR like never before. This will lead to high-speed video streaming, 3D gaming and virtual social networking becoming more popular than ever before. What's more, the cost of these technologies will decrease significantly as the price of 5G compatible phones drops.?

The 5G core trial leveraged both eMBB and low latency capabilities of 5G to deliver the end-user experience. It is fascinating to experience the possibilities that come to life using 5G. ?

-Ayush?Bhatnagar (Senior Vice president at Jio Platforms)?

This will allow for?a?massive expansion of AI, AR/VR, and IoT applications which require low-latency connectivity to operate effectively.?

Avatars?

Avatars, or digital representations of a person, are becoming more common in the workplace.?

The Virtual Reality and Augmented Reality market will be driven by increasing demand for realistic VR/AR avatars, particularly in gaming and entertainment segments. Avatars are representations of the self in a virtual environment.?

On-demand video streaming service providers such as Twitch and YouTube were among the most common adopters of VR/AR avatars. They allow users to create 3D characters that they can control while streaming games or videos.?

Avatar is very important...It's whatever we can imagine. ?

-David?Baszucki?(CEO and Founder of Roblox)?

Customization options include physical features such as face shape and body type; clothing, apparel, accessories, gestures; virtual items; and movement styles, such as walking or running speed.?

The majority of avatars have facial expressions that are animated using special software. The facial expressions may be controlled by a user or may be automatically controlled by the system based on recorded voice input?from the user, which creates an expressive avatar that mimics the user's emotional state.?

Intelligent Worlds Await?

Automation and artificial intelligence will begin to influence more aspects of our daily lives and will expand into?a?previously unthought-of territory. These innovations are likely to create new jobs, increase the efficiency of?various?products and services, and potentially change how many people work in the future.?

We are gearing up to democratize the future of XR with the resources to transform the way we watch, learn and play.????

?Lead the XR revolution and sign up for the JioGlass Developers program??https://bit.ly/3zqG52Y ?