Tuesday, December 18, 2018

Future of VR

https://variety.com/2017/digital/news/virtual-reality-industry-revenue-2017-1202027920/

"According to Variety.com virtual reality revenues are estimate to reach $7.17 billion at the end of the year. According to a report by Greenlight insights these figures will grow to $75 billion by 2021."

"Samsungs Gear VR sold more than 5 million units so far which outperformed Google's daydream VR headset during the first 3 months. 

According to forbes.com VR will transform  the way we watch motion pictures. VR is growing in the entertainment industry and making its way into sport, medicine , therapy, training and more. The viewer would be immersed full in a 360 degree content.  


https://www.statista.com/topics/2532/virtual-reality-vr/

The VR industry is growing at a fast pace, with the market size of virtual reality hardware and software projected to increase from 2.2 billion U.S. dollars in 2017 to more than 19 billion U.S. dollars by 2020. Another forecast projects revenues from the global virtual reality market to reach 21.5 billion U.S. dollars in 2020. Mobile based virtual reality head-mounted displays are forecast to account for about 75 percent of global VR display sales by that time, as the number of mobile virtual reality users worldwide is forecast to grow to more than 130 million.

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