The virtual tour market, currently valued at USD 12,345.5 million by 2033, is witnessing rapid growth, driven by technological advancements in Virtual Reality (VR) and Augmented Reality (AR). This growth has significant implications for the travel industry, particularly in tourism, …

The future of travel and communication might lie in virtual reality (VR), according to experts. Facebook CEO Mark Zuckerberg recently discussed the company’s ongoing VR innovations, including a concept called “teleportation,” which they hope to realize by the end of …

The travel industry is on the brink of a technological revolution, driven by mixed reality and AI. These innovations are set to transform how customers imagine and book their travel experiences while promoting sustainable practices.

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The global travel technologies market is anticipated to reach an estimated value of $10.7 billion by 2030, growing at a CAGR of 8.8% from 2022 to 2030, according to a strategic report. In 2022, the market was estimated at $5.4 billion. The report focuses on various market segments, including Global Distribution System (GDS), with a projected 7.9% CAGR reaching $7.2 billion by 2030, and Airline & Hospitality IT Solutions, estimated to grow at an 11% CAGR over the next eight years.

Alexandre Calil Sicchieri Silva from Brazil provided VR experience to participants at the recently convened 2023 World Conference on VR Industry, emphasising both Brazilian culture and interactiveness, reports Xinhua news agency. The 2023 World Conference on VR Industry, held in …