Tag: virtual reality devices

Insurance claims related to virtual reality technology spiked last year

QR Code Press
Virtual Reality Technology - Person playing game with VR

According to an insurer in the United Kingdom, filings related to VR rose 31 percent in 2021. As virtual reality technology takes off, so have the number of insurance claims related to the use of VR tech. Though the specifics of how many VR headsets have been sold aren’t known, they’re rising fast. The Reality Labs VR division at Meta hasn’t disclosed how many Quest 2 headsets have been sold so far, but what is known is that their popularity has never been higher. The Oculus app reached the top…

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Virtual and augmented reality market is on the edge of an explosion

Stephanie Beck
Android Pokemon Go augmented reality market

A new report forecasted an annual doubling in spending for AR and VR technology from now through 2021. The International Data Company released a report focused on the future of the virtual and augmented reality market. It predicts that global spending on VR and AR technology will double each year from now through 2021. That prediction is not at all limited to the sale of games and headsets but goes far beyond in the tech’s uses. The virtual and augmented reality market is still exceptionally young but is preparing to…

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The augmented reality marketplace is suddenly taking off

L. Green
Augmented Reality apps

At the same time that virtual reality is carving out a space for itself, ABI Research says AR is also heading upward. Though virtual reality technology has been receiving a very large amount of attention from the media over the last short while, the augmented reality sector has also been seeing a tremendous amount of growth and it looks as though this is going to continue into the future. A recent data analysis of the industry has shown that products with AR tech will be making up a larger market…

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