Enterprise Virtual Reality Training Services to Generate US$6.3 billion in 2022

Aviation and Maritime are other, more well-known, areas that also use virtual reality training programs for simulated training.  Virtual reality can also provide immersive experiences which has an important role in keeping trainees, across all industries, engaged in their training.  Companies which deploy VR based training programs have experienced a time savings up to 80%. The effectiveness of VR based training is recognized by retail and marketing businesses, too. "In fact, one of the world's largest retailers, Walmart, has deployed VR technology to train its staff. Walmart is planning to deploy the technology in its 200 training centers by the end of 2017," adds Lynn.

Aviation and Maritime are other, more well-known, areas that also use virtual reality training programs for simulated training.  Virtual reality can also provide immersive experiences which has an important role in keeping trainees, across all industries, engaged in their training.  Companies which deploy VR based training programs have experienced a time savings up to 80%. The effectiveness of VR based training is recognized by retail and marketing businesses, too. "In fact, one of the world's largest retailers, Walmart, has deployed VR technology to train its staff. Walmart is planning to deploy the technology in its 200 training centers by the end of 2017," adds Lynn.

Although VR training applications are still at the early stage of deployments, they have strong potential in the entire enterprise training space; tourism, sales and marketing, and athlete training are just some of the segments where VR training applications will expand.  ABI Research expects that the enterprise VR training market will grow concurrently with the continued advancements in VR headsets, controllers, motion trackers and associated software applications. ABI Research forecast that enterprise VR training market will grow at CAGR 140% in the next five years to generate $6.3 billion.

These findings are from ABI Research's VR in Enterprise Training report. This report is part of the company's Video, VR & OTT research service, which includes research, data, and analyst insights. 

About ABI Research

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