Virtual teleportation for remote and immersive experiences
Virtual teleportation allows users to instantly transport themselves to any location in the world and have a fully immersive experience without leaving their homes. It solves the frustration of travel limitations and offers a new way to explore and engage with different places. Market size: The virtual reality market size is projected to reach $16.3 billion by 2022, with a compound annual growth rate of 33%. The global tourism market size is estimated at $1.84 trillion in 2021.