India's augmented reality and virtual reality sector is set to exhibit a CAGR of 14.63% by 2027, with a 1400% upsurge in demand for AR/VR engineers. This showcases a high requirement for skilled individuals in the domain of extended reality.
These immersive extended reality (AR/VR) technologies are reshaping retail, healthcare, education, manufacturing, and many conceivable industries. By leveraging XR, businesses in the retail sector can provide customers with unparalleled shopping experiences. Virtual reality allows customers to try on clothing or experience products in a virtual environment, while augmented reality enables them to visualise products in their own space through smartphones, enhancing convenience and decision-making.
XR is revolutionising healthcare and education extensively. In healthcare, these technologies enhance surgical training, provide immersive learning for medical students, and aid therapy for phobias and PTSD. This transformation improves diagnoses, treatments, and patient well-being. In education, extended reality (AR/VR) offers interactive and immersive learning experiences. Students explore historical sites, engage in virtual experiments, and develop critical skills, preparing them for a future workforce where these technologies are vital.
The demand for professionals with extended reality (AR/VR) expertise is therefore growing rapidly across industries. It is necessary to equip individuals with the skills required to thrive in this evolving landscape. There exist programs and courses that provide specialised training in XR, AR, and VR technologies, covering areas such as development, design, project management, and implementation. Comprehensive education and hands-on experience ensure that learners are well-prepared to meet the growing industry's demands.
The potential for entrepreneurial ventures and innovation within the XR (AR/VR) domain is also significant. While these technologies are often associated with gaming companies, their applications extend far beyond that. Entrepreneurs and innovators have found opportunities in areas such as wearables, the U.S. military, architecture, and more. The XR industry is fertile ground for those who dare to innovate and create ground-breaking solutions.
One of the advantages of pursuing a career in Extended Reality is the versatility it offers. Individuals from diverse backgrounds can enter this field and excel by acquiring skills through targeted training and practical experience. As extended reality (AR/VR) demand soars, organisations must adopt these technologies to stay competitive and ahead in the game of AR/VR experiences. Collaboration between academia and industry leaders can promote their adoption, driving growth, improving customer experiences, and fostering innovation. Extended reality is reshaping global industries, creating opportunities worldwide. India's thriving tech sector is poised to play a crucial role in this transformation. The demand for XR professionals is rapidly rising, making it vital for individuals and organisations to capitalise on these opportunities.
There are online certification programs and courses that provide specialised training, covering areas such as development, design, project management, and implementation. By leveraging this comprehensive education and hands-on experience, learners can be well-prepared to meet the industry's demands.
Together, let's embrace the possibilities that extended reality offers and unlock a world of limitless opportunities. By leveraging these immersive technologies, we can drive innovation, foster growth, and shape the future of industries across the globe. The future is here, and it's time to unravel new horizons with social AR and VR technologies.
About the Author: Ajay Srinivasan is a seasoned expert in the future tech domain sand a passionate Gaming & Immersive Tech Evangelist based in Bengaluru, Karnataka, India. With over 12 years of experience, Ajay is a driving force in the realms of Gaming, AR & VR, Web 3.0, and the Metaverse. Currently, Ajay is leading the Future Tech domain at Hero Vired, a Hero Group Company in the capacity of the Program Director.