Analysis: The evolution of immersive

Virtual reality has seen a bit of a mixed bag of late. While reports from the likes of Pricewaterhouse Coopers (PwC) have played up the impact VR might have on the global economy, at the same time a number of big players have shifted focus away from immersive.

Virtual reality and augmented reality will cause a significant boost to global economic growth over the next decade, according to the report from PwC. The professional services conglomerate believes VR and AR could add as much as $1.5 trillion, or 1.8% GDP, to the global economy by 2030.

The Seeing is Believing report claims the US could see the largest benefits from the immersive technology, with a boost of up to 2.8% GDP possible, and 2.3 million US jobs added. Growth in the UK could…