Virtual Reality

4 Industries That Could Take Advantage Of VR During COVID-19

June 1, 2020
Covid-19 Crown Coronavirus

The outbreak of COVID-19 has led to a lot of changes in how we would do things in the world today. Due to most countries being on either partial or total lockdown, several businesses have been unable to stay afloat and have had to layoff workers to cut their costs or shut down completely. In the first quarter of this year alone, about 460,000 businesses had to close in China. To stay afloat, businesses have had to take their businesses online where they can still offer value to their customers.

Another way businesses can ensure their survival during this pandemic is through the use of virtual reality. Virtual reality has been on the technology space for a while now and has proved impactful in several industries even before the pandemic. The pandemic has only made it clearer how important it is. Below are some of the industries that could benefit from the use of virtual reality.

Real Estate

One of the industries affected by the pandemic is the real estate industry. Because of the stay-at-home order in most countries, there has been less moving around. Hotels and vacation houses aren’t being used as much as before. People who are interested in buying properties also can’t check them out as there is a lockdown in place in most countries. This problem can be solved by providing clients virtual tours.

By using virtual reality, clients can check out different properties without having to leave their homes. More people can also check a property at the same time, unlike physical visits.

Travel And Tourism

(Image credit: IMTJ)

The travel and tourism industry is one of the hardest-hit industries during this pandemic. Due to travel bans and lockdown orders in several countries, tourist attractions are no longer being visited by people. To ensure the survival of their ventures, some tourist attractions have taken to giving virtual tours to people using VR. While this doesn’t equate the experience of being at those places in person, it provides people with the opportunity of seeing the attractions.

Trade-shows And Conferences

Every year, companies and organizations organize various events to discuss issues pertaining to the purpose of the event. People travel from all over the world to attend these events. These events such as the annual CES tradeshow or the Google IO  event are no longer possible due to the outbreak of the novel coronavirus.

Although this isn’t an industry per se, it can also benefit from the use of virtual reality. Event planners can set up events in virtual worlds to be attended via VR headsets with each attendee represented by an avatar. Tradeshow organizers can also set up virtual tradeshows to showcase new products produced by participating companies.

Education

(Image credit: Schoolbag)

With schools closed and physical learning in classrooms no longer possible at the moment, learning with virtual reality headsets would become more common. VR enables students to experience what they’re being taught by immersing them in virtual worlds. This helps them better understand the concepts their teachers teach them whilst having fun.

Conclusion

While a lot of businesses have been adversely affected by the pandemic, some have been able to stay afloat through digitization efforts. Businesses that previously only served their customers physically have now moved their businesses online to ensure they can still serve their customers, as well as keep their businesses alive. Using virtual reality is one of the many digitization options that some businesses can take to ensure their survival.

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