Internship Training
Tech
Intro to Virtual Reality & Dope Nerds
Let's get you up to speed on the industry Dope Nerds plays in.
10 minutes to complete
Virtual Reality Trends
Current Trends in Virtual Reality
Rise in VR for training & education
📈
The VR market share in the education sector is expected to increase by $16.12 billion from 2021 to 2026, accelerating at a compound annual growth rate (CAGR) of 59.28% and 34% of the growth will originate from North America (Technavio).
Improved Learning Retention: VR can significantly improve learning retention rates, up to 90% more. A University of Maryland study found that people recall information better through VR as opposed to 2D computers and tablets.
Enhanced Skill Development: VR allows learners to practice and develop skills in realistic scenarios. A study at the University of California found that surgical training study beats traditional training by 130%.
Affordability: a major growth driver is how cost-effective VR solutions are, having been reduced significantly due to recent developments in technology. Organizations can simulate scenarios without the need for "real-world" resources and expensive physical equipment.
Accessibility & Inclusivity: VR enables access to educational experiences that might be otherwise inaccessible, whether due to geographical limitations or physical disabilities. Students can dive into scientific phenomena or travel through time, regardless of their location.