The astronomical impact of AR and VR on the world economy
11.27.2019 2:20 p.m. Updated: 11.27.2019 2:47 p.m.
Yes, we have already heard on many occasions the importance of the industry of the augmented reality (AR) and the virtual realityl (VR) and its expected high growth in the coming years.
However, do you know what impact they will have on the World economy in about ten years? The figure amounts to 1.5 trillion dollars, that is, around 1.3 billion euros.
This economic impact forecast for 2030 is more than considerable if one takes into account that the industry now contributes some 46.4 billion dollars (42.16 billion euros), according to a report prepared by PwC.
USA, the great beneficiary
The most benefited country will be USA. It is estimated that in 2030 AR and VR will have an economic impact of 537,000 million dollars (487,931 million euros) in this country, which is equivalent to an increase in its GDP of 2.83%. They are then placed China Y Japan which will experience, respectively, growth of 2.09% and 2% in their GDP, while in Europe Germany, Finland and the United Kingdom stand out, which will see their gross domestic product grow by more than 2%.
In addition, as this consultancy points out, this growth will positively affect more than 23 million jobs worked.
In this case, China will top the list of countries where these technologies will have a greater positive impact, with more than 6.8 million jobs; with the United States in second position, with more than two million jobs; and Japan third, with just over half a million jobs.
Regarding the areas of activity that will be the great beneficiaries of the application of these technologies, the study mentions that everything related to the development of products and services could generate up to 359,400 million dollars (326,513 million euros) in global GDP in 2030, with healthcare being the second area that could most benefit from AR and VR.