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"Immersive Technologies" Question: Discuss the current market status – impact on enterprises Please leave a very...

"Immersive Technologies"

Question: Discuss the current market status – impact on enterprises

Please leave a very detailed in-depth answer, references would be awesome!

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Immersive technologies are futuristic technologies that can have revolutionized the content viewing and have made different big companies like Google and Facebook to contribute to the technology. The market for immersive technology is calculated to be around 8 billion and by 2024 the market will grow by 45 billion. It is even said to grow by 33 percent annually. This has led to major players and even smaller players to penetrate the immersive technology market and it includes the entertainment sectors, the gaming industry.

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