The Most Disruptive Technology of the Next Decade, Virtual Reality.
                     THE MOST 
DISRUPTIVE 
TECHNOLOGY OF 
THE NEXT 
DECADE, 
VIRTUAL REALITY
INTRODUCTION
• Virtual, augmented and mixed reality technologies have continued to receive 
high levels of funding and investment during the past decade, and this is 
predicted to continue into the next. 
Source: www.idtechex.com
VR MARKET
• IDTechEx forecasts that the market for these technologies will reach over $30 
billion by 2030. Virtual reality alone is expected to grow to $8 billion.
Source: www.idtechex.com
FUTURE OF VR MARKET
• Augmented, Mixed and Virtual Reality 2020-2030 reviews and analyzes over 
100 products and details of over 80 companies to create detailed conclusions 
about the future of this market. 
• A more detailed technology analysis of “Optics and Displays in AR, VR and MR 
2020-2030: Technologies, Players and Markets” provide further insights and 
deep analysis of this technology.
Source: www.idtechex.com
KEY QUESTIONS
• What are the major drivers for optic or display choice in an AR/MR or VR 
device?
• What are the major drivers in the adoption of AR/MR and VR devices? Which 
use cases benefit the most from this technology?
• How will the sales of VR and AR/MR devices evolve from 2020-2030 and what 
are the drivers behind future growth?
Source: www.idtechex.com
IMPACT DIFFERENT INDUSTRIES 
• The reports indicate virtual, augmented and mixed reality technologies will 
impact many different industries and their use cases are wide reaching. 
• For example, one way that virtual reality has been used is in planning for 
urban development.
Source: www.idtechex.com
FIRST IMPLEMENTATION OF VR
• The first virtual reality technologies were used by the City of London 
Corporation to help with planning decisions for future office areas. 
• The City of London collaboration was between the City of London Corporation, 
Innovate UK, New London Architecture (NLA) and VU.CITY. 
• The level of detail captured by the project is down to a 2-cm accuracy in a 
nearly 3-km square area.
Source: www.financialtimes.com
PLAN CITIES WITH VIRTUAL REALITY 
TECHNOLOGY 
• This aims to help planners realize what plans offer in terms of space, 
enhancement of the public realm and to the City, according to Alastair Moss, 
chair of the Planning and Transportation Committee at the City of London 
Corporation. 
• The ability to plan cities with virtual reality technology will allow for more 
highly advanced urban planning solutions.
Source: www.financialtimes.com
VR IN HEALTHCARE INDUSTRY
• Recently the versatility of mixed and augmented reality products came to the 
forefront with an Imperial led project at the Imperial College Healthcare NHS 
Trust. 
Source: www. idtechex.com
COVID IMPACT
• COVID put the spotlight on this hands-free, interactive technology, and it is 
unlikely that this focus will change for some time. 
• There will be a need for this technology in many new use cases, which 
previously did not require hands-free or remote capabilities.
Source: www. idtechex.com
THANK 
YOU