The Growing Impact of Virtual Reality Simulation in Enterprise & Industrial Training
Growth of the VR Industry
By 2024, it is anticipated that the worldwide VR industry would have grown to more than 12 billion USD. VR is extremely popular in gaming and entertainment, but it is also gaining popularity in the field of training and education. Research shows that employees trained in Virtual reality simulation are safer and much more productive and show better chances of retention.
Why should one invest in VR Training?
Virtual reality (VR) has proved to be the greatest solution when it comes to inducting new employees, upskilling workers, or preparing teams for challenging situations
Virtual reality (VR) simulator training offers workers a priceless first-person view of the workplace and allows for hands-on training in a perfectly safe setting.
Types Of Virtual Reality Solutions
There are three main kinds of VR training options: Fully immersive, semi-immersive, and non-immersive. Fully immersive Virtual Reality simulates real-to-be world scenarios. Employees enjoy fully immersive VR training solutions, as it allows them to learn at their own speed.
Training requirements evolve over time and upgrading traditional training procedures every time is quite a challenge. Hence several industries have adopted digital training systems like Virtual reality and simulators making training fun, interactive, immersive, and highly effective.
Recruitment and Onboarding
VR training can be used to improve the recruitment and onboarding process within an organization. Using VR Simulators, the equipment operators and professional drivers can be put in a realistic scenario and be interviewed and tested on the skills specific to the job role.
Marketing and Sales Training
By wearing virtual reality headsets the user is able to put themselves in a virtual showroom and practice selling techniques, understand the types of customers and master the product features.
Team training
VR training solutions are easily scalable to adapt to the evolving needs of the organization and employees.
VR Training Simulation - Use Cases
Here’s an overview of the use cases of virtual reality in enterprise and industrial training:
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Advantages of virtual reality training
There are multiple benefits of implementing VR Simulation in industrial training and enterprise training. The technology employed in virtual reality replicates the real environment with the aid of highly advanced visual and audio experiences.
1. Training is four times faster
2. Results in more confident employees
3. Better training engagement with VR content
4. VR is a highly scalable cost-effective training
Future trends in VR
Simulation companies are developing novel training solutions using VR as it offers a cost-effective immersive and engaging environment for training. These solutions are affordable, scalable, and effective, and complement the existing training format.
The VR market is expected to grow at a CAGR of 48.7% over the period 2021 – 2026.
Improved headsets are one of the important developments to expect in the VR industry. VR headsets with customizable hardware will soon be available at an affordable price.
Haptic feedback is another area where VR technology is expected to make significant improvements. VR is going to lead its way in training owing to its contribution to creating safer, knowledgeable employees with less turnover rates.
Key takeaways
Simulation creates a real-world experience with the aid of a virtual environment. VR in enterprise and industrial training can effectively tackle the negative perception of orientation among employees. High turnover rates are a major concern for tough jobs.
Virtual reality eliminates the risk involved in training.
VR in the long run reduces onboarding time and safety risks and eventually paves way for consistent productivity. VR technology is a smart investment for organizations and it will be highly profitable in the long run.
About Payal Gupta
Payal Gupta is the Co-founder & Director of Tecknotrove Systems, India’s fastest-growing simulation company. To connect with her to discuss your Company's VR simulator training needs DM her or write to her at payalgupta@tecknotrove.com