Reduction of Taxes Promises to Boost VR Technologies in Brazil
The government announced on 10/20 another tax reduction on gaming equipment in Brazil. Among accessories and consoles, virtual reality glasses and augmented reality may join the race.
Reduction of Taxes Promises to Boost VR Technologies in Brazil
The government announced on 10/20 another tax reduction on gaming equipment in Brazil. Among accessories and consoles, virtual reality and augmented reality glasses may join the race, increasing the adoption of this technology that promises to succeed screens in accessing the digital world. Understand!
Many important technological innovations pass through the universe of Games. The case of Pokemon Go is illustrative of this movement, as Nintendo's interactive game was responsible for a massive popularization of augmented reality.
However, the popularity of games can further assist in the expansion of new technologies, and in unexpected ways. This is the case of the IPI tax reductions announced by the Brazilian government this week, which can help accelerate the population of VR devices in Brazil.
Tax Reduction for Gaming Accessories and Equipment
Published in the Official Gazette on 10/27, the decree aims to reduce taxes on industrialized products in the gaming sector. The new rates decrease taxes by 10% on consoles, accessories, and machines aimed at exploring digital universes.
In a broadly supported decision, the measure not only includes video game consoles but also addresses portable equipment whose prices should drop from this point onward. The technology audience in Brazil often suffers from high taxes that hinder access to the most updated technologies, making this a good piece of news.
In the case of VR glasses, the IPI reduction can be positive for increasing the popularity of Virtual Reality devices in the country, as these devices are of growing interest to the gaming audience and are often marketed in this context.
Since the price of equipment is often listed as a hindrance to the popularization of the technology, the decision promises to accelerate its adoption and feed other areas directly interested in this technology, which are detached from merely playful activities.
The Role of VR in Today's World
VR and augmented reality glasses can be widely used in industries and commerce, whether to enhance the consumer experience or to conduct training. In some cases, VR technologies are already being used as an auxiliary method in surgeries and medical simulations.
Moreover, there are predictions that consider that in the near future, access to the virtual world through VR glasses and devices will replace the use of screens on mobile phones and computers.
Virtual Reality has great narrative and interactive power, which justifies its connection with the gaming universe. However, the future promises to expand this storytelling to areas such as social networks, completely reimagined cinemas, and a new reality that is entirely virtual and accessed without the use of mobile phones or computers.
As digital transformation continues to advance across all sectors of our society, major companies are investing in virtual and augmented reality technologies that can impact essential sectors such as education and advertising.
Discover the main virtual reality equipment and their differences on the ReVirtua blog.