Augmented Reality and Virtual Reality for Industry 5.0

Abstract

Business 5.0 is enhanced by augmented reality (AR) and virtual reality (VR), which are immersive technologies strategically integrated into industrial operations. This integration aims to create a unified environment where virtual and physical components coexist, ultimately improving productivity, teamwork, and decision‐making. AR is utilized for real‐time data overlays, remote collaboration, and on‐the‐job training, while VR is utilized for immersive simulations, training, and collaborative design environments. By combining these technologies, businesses can foster a more innovative, efficient, and connected industrial environment. This integration aligns with the overall goals of Business 5.0 by facilitating better decision‐making, streamlining processes, and enhancing interactions between modern technology and human workers. This chapter reviews the significance of combining AR and VR in business.