Goldman Sachs claims that the virtual and augmented reality market will grow to 80 billion USD in revenue by 2025, following the expansion of these technologies beyond the entertainment sphere.
What will this mean for employees and employers?
According to a study entitled Generations series 2017, conducted by the INSEAD business school and Universum, only 3% of the working population use virtual reality applications to do their work. However, one third of them expect that virtual reality will revolutionise their work in the upcoming 10 years.
More than 18,000 students and professionals were surveyed. They were representatives of generations X, Y and Z. Those forming generation Z (people who were born between 1997 and 2002), are fascinated by the capabilities of virtual reality and they also expect it to have a profound impact on work by the time they start working.
