Tiltlabs FAQs

The XR industry (VR+AR+MR) is projected to grow to nearly 400 billion USD by 2025. Its potential is evident in a range of industries, such as retail, healthcare, manufacturing and repair/maintenance and education, among others. Businesses and innovators focusing on workforce empowerment and customer interaction and experience enhancement will want to leverage the strengths of immersive technologies. Investments in immersive technologies can be high, based on a business’s need and target audience, and also the kind of technology that is used. Costs may start at $5-10k and may go up to $50-100k based on applications, hardware and platforms, research and development, and so on. Having clarity on your target market and the type of platform most suitable for your project will help in deciding the costings. (more)

The global pandemic, Covid, has put the future of immersive technologies in perspective for businesses around the world. Currently, and perhaps for times to come, what we need is the convergence of the physical and the digital world where training programs, education management and collaborative projects will be at the forefront. And that’s not all. With customers, both B2B and B2C working and interacting digitally, more industries will choose to leverage the potential of Extended Reality to save costs, generate revenue and manage infrastructure. (more)