What Is Extended Reality?  Everything You Need To Know.
                     What Is Extended 
Reality? Everything 
You Need To Know
Extended reality, or XR, is a term that encompasses virtual reality, augmented 
reality and mixed reality. With recent advances in hardware like headsets and 
glasses, XR is gaining wider acceptance and beginning to reshape how we engage 
with both the virtual and physical worlds.
Introduction
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1. Augmented Reality (AR): The concept of augmented 
reality is that virtual objects and imaginations are put up in 
the real world.
2. Virtual Reality (VR): In virtual reality, the users are put into 
a fully virtual environment, where they can interact only in 
the virtual world.
3. Mixed Reality (MR): Mixed reality is a combination of both 
AR & VR, where one can interact with the digital as well as 
the real world simultaneously. 
Types of XR
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Challenges Faced by Companies 
Developing Extended Reality 
(XR)
Cost is the most prominent challenge, that is faced by companies 
developing XR. The XR devices are very costly. Since many 
technologies are working together & a lot of hardware goes into 
the making of these devices, the cost is very high. 
Cost
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Developing the hardware of XR devices is also a challenge for 
companies in this field. Since a lot of technologies, software & 
components are being used, making hardware is a difficult task. 
 Hardware
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Privacy is a challenge will be faced both by the users as well as 
the companies. Since XR devices are required to create an 
environment based on the user requirement, a lot of private 
details might be needed to create a user-rich environment. 
Privacy
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Applications of Extended Reality 
(XR)
The entertainment industry can hugely benefit from XR, just the 
same way they are benefitting from AR & VR. The entertainment 
industry can find new and amazing ways to utilize this technology 
and earn profits.
Entertainment 
Industry
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Companies can advertise their product via XR, & can give their 
users a hands-on experience about their product or service. This 
can be beneficial, as companies will have to spend less on their 
advertisement, rather they can directly give their customers the 
experience of using the product.
Sales & 
Marketing
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One can easily find the suitable housing via a brief walkthrough 
using XR, & owners can also find potential buyers from various 
other locations, as there will be no need to go through physically. 
The role of brokers would be eradicated in such a scenario.
Housing & 
Real Estate
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