Virtual reality involves the creation of a virtual world that interacts with consumers

For those who are unfamiliar, I can recall that, Virtual reality involves the creation of a virtual world that interacts with consumers. This virtual world is designed in a way that it appears more realistic to the users, while they can't differentiate between the real and virtual.

The technology giants such as Google, Intel, Samsung and Facebook, to name a few are making huge investments in the virtual reality market landscape. Facebook's US$2 Billion acquisition of Oculus virtual reality (VR) headset is very illustrative.