Categories: Infographics

XR: Virtual Sports are Solving the Pandemic Economy

The consumer market for extended reality tech is growing at an increasing rate and by 2023, the consumer market for extended reality devices and software is projected to reach $18 billion. This makes sense as today’s generation spends more time at home – Americans aged 18 to 24 years spend 70% more time at home then previous generations. On top of this, the COVID-19 pandemic is forcing most people to stay in their homes making this kind of tech even more popular than before.

 

Extended reality devices can help fill the gap that is created by people no longer being able to go to work in an actual office, travel to vacation spots, or go to a gym for exercise. Using extended reality, meaning combining augmented, mixed, and virtual reality, we can create real sports nearly anywhere. Interacting with extended reality in the future may look both similar and different than the way we currently are experiencing it. In the future, we will be using a combination of real sports gear along with a lightweight head mounted display, alongside monitoring equipment that tracks the movement of all equipment and body movements and using a sophisticated and powerful physics engine to drive and interact with a virtual world. AI will also play a major role in the development and usage of this hardware and software. High-speed cameras, sensors, and computer vision will be tracking all the action, and AI will help to predict chances of success based on real-time collection of data. AI will also be able to analyze players’ performance and compare it to standard health parameters and will be able to let players undergo physicals to see how healthy and how effective virtual sports are.

Related Post

Learn more about the virtual sports of the future and what technologies are already up and running here:

Brian Wallace

Brian Wallace is the Founder and President of NowSourcing, an industry leading infographic design agency based in Louisville, KY and Cincinnati, OH which works with companies that range from startups to Fortune 500s. Brian also runs #LinkedInLocal events nationwide, hosts the Next Action Podcast, and has been named a Google Small Business Advisor for 2016-present.

Share
Published by
Brian Wallace

Recent Posts

SOL Market Cap Hits $100 Billion as Possible Infinaeon Long-Term Price Targets Surge

The SOL price has surged to well over $200 as its market capitalization exceeded $100…

2 hours ago

Binance Coin Whales Reap Big Profits as Polkadot Struggles; A New Crypto Presale Is Dominating Investor Attention

BNB is already flashing signs of a bearish sentiment despite launching a new stablecoin while…

4 hours ago

Three Crypto That Surprised The Market: Rollblock, Cardano, and XRP

The crypto market is no stranger to unexpected twists. However, the recent performances of Rollblock,…

5 hours ago

As Bonk (BONK) and Pepe (PEPE) Shine, Rollblock (RBLK) Captures the Market’s Attention With Upcoming Reveal

Meme coins are back with a bang and are as insanely volatile as ever! Bonk…

5 hours ago

2024’s Top 9 Crypto Staking Platforms to Make Passive Income

Staking has become one of the most effortless ways to generate passive income in the…

7 hours ago

Qubetics, Algorand, and Near Protocol: Best Cryptos to Buy in November 2024

Qubetics, Algorand, and Near Protocol: The Best Cryptos to Buy in November 2024—Which One Is…

19 hours ago