Extended Reality (XR) Technologies in the Energy Industry, 2024-2028 - Discover How Organizations are Using or Planning to Utilize Immersive Technologies and the Metaverse

Core Insights - The report titled "Extended Reality, the New Frontier of the Energy Transition, Global, 2024-2028" aims to explore the growth factors of extended reality (XR) technologies within the energy sector [1][5] - A new section in the annual survey targets IT and business decision-makers to assess their views on immersive technologies and the metaverse in the energy industry [2] - The study provides revenue forecasts for the XR market, differentiating between virtual reality (VR) and augmented/mixed reality (AR-MR) technologies [3][5] Market Analysis - The report analyzes the integration of digital twins (DTs) in the energy sector, emphasizing the need for cross-industry solutions for successful XR deployments [4] - It identifies both growth drivers and restraints in the XR market, offering insights into emerging opportunities for stakeholders [5][10] - The base year for the analysis is 2023, with forecasts extending from 2024 to 2028 [5] Strategic Insights - The report covers strategic imperatives and growth opportunity analysis, focusing on how organizations plan to utilize immersive technologies [6][8] - It discusses the challenges organizations face in growing their XR capabilities and the strategic imperatives impacting the energy transition [8] - The report highlights the potential benefits of entering the metaverse and the implications for organizations [10]