Immersive technologies with its strong prominence, stands to influence Automotive Industry and automotive sector is forecasted to grow at 15% CAGR, reaching $150 Billion by 2022. Immersive experience powered by artificial intelligence is fundamentally changing the way consumers perceive and interact with the physical and digital world. From customizing the exteriors and interiors of the product to augmented user manuals, from simulation trainings to quality assurance, Immersive technologies are creating endless new possibilities across verticals in in the space of Automotive.

In Manufacturing Industry, Immersive technologies especially augmented reality and Mixed reality is poised to solve a remarkable number of problems and that is why “Smart Manufacturing” sector is forecasted to grow at 15% CAGR, reaching $150 Billion by 2022. Immersive experience powered by artificial intelligence is fundamentally changing the way consumers perceive and interact with the physical and digital world. From facility management to training talent on niche skills, from quality assurance to real time remote expert assistance Immersive technologies are creating endless new possibilities across verticals in in the space of Manufacturing.

Immersive technologies AR VR MR are expected to grow at a CAGR of 78.3 percent for the next five years to reach nearly 10 times the scale it's expected to hit this year, going from $16.8 billion in 2019 to $160 billion in 2023.. Given that immersive experiences produces higher engagement, Augmented Reality is implemented in classrooms to create environments which are more conducive to learning. It also allows access to individuals with disabilities, by allowing them the same facilities as any other student, through a headset or a handset. Moreover, by facilitating a larger set of experiences, AR/VR also creates better teachers, by equipping them with the tools to engage with children in a more effective manner. Virtual tours of universities and colleges assist students in faster decision making.

Immersive experience powered by artificial intelligence is fundamentally changing the way consumers perceive and interact with the physical and digital world. As per Gartner 100 Million Consumers Will Shop in Augmented Reality Online and In-Store by 2020. Immersive Technologies are making its way into multiple retail sectors and its ability to assist users during the process of decision making while pre-purchase, in-purchase and post-purchase stages will ensure customer stickiness.

Immersive experience powered by artificial intelligence is fundamentally changing the way consumers perceive and interact with the physical and digital world. AR and VR has already impacted, how financial institutions and insurance organizations interact with customers, vendors and employees. From AR banking to Virtual branches, from real time damage estimation to faster claim processing, Immersive technologies are creating endless new possibilities across verticals in in the space of banking, financial services and insurance.

Immersive experience powered by artificial intelligence is fundamentally changing the way consumers perceive and interact with the physical and digital world. They have emerged as tools, to reshape travel experiences assisting users in planning and booking etc. From AR guided tours to Virtual travel and hospitality experiences, training crew to facility management, Immersive technologies are creating endless new possibilities across verticals in in the space of Travel & Hospitality.