Top 10 Virtual Reality Business Ideas For 2018

Introduction to Virtual Reality Business

Virtual Reality, an amazing technology with rapid advancement has hit the mainstream and it is a powerful tool for businesses. Any process that can be carried out in physical world and in business can be stimulated in virtual reality. Virtual reality has made its mark in various sectors like IT industry, military, education, live events, video games, healthcare, real estate, social VR, interactive desktop applications, engineering and project collaborations. Here are some of the virtual reality related business ideas.

VR headset rental & hardware repair services business

Virtual reality is becoming more main stream than ever before. The virtual reality headsets and the computers used to operate are powerful and expensive. So, it is only for those who can afford luxurious items. With many developers creating and demonstrating new VR games, photos and videos, the need to rent VR headsets is becoming increasingly popular. This makes virtual headsets rental a good business to enter. Initial investment will be high but if the right customers are targeted then you can recover the investment in no time. Considering the cost factor, the owners will opt to repair the PC and VR glasses when something goes wrong. Proper training in this field will allow you to stand out from other electronic repair companies.

VR Café business

Once-humble cafe used to be a place where people gathered for light meals and a few drinks with friends, the Internet cafe, have replaced the sandwich and espresso with computers and Internet hotspots. Following on the heels of the Internet cafe is the newest thing in social media, the VR cafe. Starting a VR Café would be a good idea if you have a substantial amount of capital. Various services as such as playing VR games, 3D book reading, watching 3D movies and so on can be offered.  Instead of brand names you can get google cardboard glasses which is cheaper. As the public becomes interested in VR, but not necessarily interested enough to shell out hundreds of dollars for their own gear will be interested in VR Café. They will spend less and enjoy a bit of functionality with their mobile phones and your app.

VR App development business

Millions of VR devices have been sold in the US alone. And with new developments and tools constantly making it easier to create your own virtual reality application, there’s never been a better time to dive in. The barrier to entry is high. But so are the opportunities. With formal training on the technology there is opportunity for innovative entrepreneurs to start an app developing business. There are a variety of markets waiting to be explored such as VR mobile app development, training software that is VR-based, VR content development, VR add-ons for applications that are already in existence and various other forms of services.

VR in gaming /Arcade business

Entrepreneurs are setting up VR arcades worldwide. In part, the growth is due to the high cost of entry to VR and the space needed to play it. Even if you own one, you’re unlikely to have two systems, so forget about playing with friends, hence the entrepreneurial interest. Opening a VR arcade is expensive, but it will last long as you cannot have such an experience at home. The possibilities are only increasing when it comes to virtual reality. And businesses that take advantage of those new opportunities could find a lot of early success. Invest in some VR equipment and offer games and experiences that work with the technology. You could even have customers choose the experiences they want, like a boxing ring, cricket VR game, bug fighting game, racing game or even a flight simulator.

Virtual Reality Office business

VR has reshaped business collaboration and communication even more profoundly than videoconferencing did 10 years ago, or email 20 years ago. It’s a whole new world–woven right into the one we already live and work in. Virtual office has come into existence where anyone can pay and use the office from anywhere. It is used by people who do not want to rent a whole physical office for themselves but want to network.

Create VR app for Healthcare business

Currently, the healthcare industry is one of the biggest adopters of VR technology. There is great potential for this technology in treating and diagnosing patients, and recently the technology has become more commercially available and affordable. In healthcare, the two areas these technologies will be most utilized are training and rehabilitation .  So, there is need for custom app development company with highly trained experts to navigate them through this fast-developing technology.

VR Consultant business

Many companies are leveraging augmented and virtual reality to improve the customer experience. They need professional VR Consulting agencies to bring in extensive knowledge of technology, implementation of the technology, give training on how to use it and for networking.    And so, benefiting from the ignorance of these companies or individuals by helping them is very lucrative especially if you are offering your services to many companies.

VR in marketing business

Marketers and companies are often looking for better approaches on how best they can package their goods and services. As more companies produce more products and ways to consume virtual content, the user base will continue to grow. Marketing companies specializing in VR has greater opportunity to stand out from others. They can use it to increase awareness, promote engagement and enhance the customer experience.

VR Escape Rooms business

VR Escape rooms are cost-effective option, gaining popularity in cities around the world. With this format, escape businesses continue to operate like traditional escape room facilities with only a few adjustments. Sets and props are unnecessary; game software is stored on a server in the control room and delivered digitally. Instead of leading your customers into the escape room you’ve built, you seat them in comfortable, swivelling chairs and outfit them with headsets, headphones, microphones, and game controllers. Not only are games designed for VR escape rooms in great demand, but also team-building exercises, theme-based exercises, educational exercises and so on

VR in Education business

The possible application of the VR technology, especially in the education sector, is endless. The benefits of incorporating VR/AR tech into educational experiences include better, more immediate engagement and the opportunity for learners to “feel” the experiences and better remember and express what they learned. For visual learners and individuals with learning challenges, VR provides an alternative medium to meet their needs. Hands-on learning techniques like VR education directly contribute to increased cognitive memory. So, there is need for a new line of Virtual Reality based content and device for better understanding of children and deliver a truly immersive and realistic experience to discerning learners across the globe. To know more on how VR can be the next big thing in Business, you can go through the article hereтесто для оладий