This report discusses the transformative potential of virtual reality (VR) and augmented reality (AR) in business and the global economy. It highlights how VR and AR are set to contribute up to $1.5 trillion to global GDP by 2030 by improving business operations, enhancing customer experiences, and enabling new revenue streams. It also outlines the benefits of these technologies, such as faster product development, improved training, and innovative customer engagement. It also addresses the need for businesses to focus on ROI, improve user experiences, and overcome cultural barriers to adoption.

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