„The global virtual reality in automotive market size was valued at $759.3 Mn in 2019 & is projected to reach $14,727.9 Mn by 2027, exhibiting a CAGR of 45.1% during the forecast period.“
The increasing automation trend in the automotive industry is creating opportunities for virtual reality technology providers. The automotive industry is implementing this technology to provide an immersive and interactive experience for its customers. Also, the adaption for virtual training tools is increasing owing to the increasing demand for skilled and efficient workers and engineers. The implementation of virtual reality is supporting the digital revolution across the automotive industry.