OPPORTUNITY

AS OF 2021, THE VR TRAINING MARKET SIZE IN ASIA WAS VALUED AT APPROXIMATELY USD 1.3 BILLION. IT IS EXPECTED TO GROW AT A COMPOUND ANNUAL GROWTH RATE (CAGR) OF AROUND 40% BETWEEN 2021 AND 2026, DRIVEN BY THE INCREASING ADOPTION OF VR TECHNOLOGY IN VARIOUS INDUSTRIES SUCH AS HEALTHCARE, EDUCATION,MANUFACTURING,ENERGY SECTOR . -RESEARCHANDMARKETS.COM-

USD 14.1B IN 2026 CAGR OF 40.1% (2021-2026)

Shift Technology

Target

MANUFACTURING/INDUSTRIAL: ENHANCING WORKER SKILLS IN COMPLEX MACHINERY OPERATION AND ASSEMBLY LINE PROCESSES.

ENERGY/UTILITIES: PROVIDING TRAINING MODULES FOR POWER PLANT OPERATIONS, ELECTRICAL GRID MAINTENANCE, AND SAFETY PROCEDURES IN THE ENERGY AND UTILITIES SECTOR.

CONSTRUCTION/ARCHITECTURE: ENABLING PRACTICE IN BLUEPRINT INTERPRETATION, VIRTUAL WALKTHROUGHS, SAFETY TRAINING, AND EQUIPMENT OPERATION FOR CONSTRUCTION PROFESSIONALS.

HEALTHCARE/MEDICAL: PROVIDING REALISTIC SIMULATIONS FOR MEDICAL PROCEDURES, AIDING THE TRAINING OF HEALTHCARE PROFESSIONALS IN SURGERIES, PATIENT CARE, AND EMERGENCIES.