U.S. – According to a research report released by Goldman Sachs in 2016, Virtual Reality (VR) and Augmented Reality (AR) hardware and software are catching up with consumer expectations in the real estate market.
The report predicts VR and AR becoming a $2.6 billion market in real estate by 2025 as the headsets improve over the next few years.
Real estate experts already in the field agree and say that the enhancements and resulting cost reductions will likely lead to wider adoption of VR in the industry within the next two years or so.
Click the video Virtual Reality: The New Reality For Real Estate produced by Cushman & Wakefield.
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