Thursday, 16 March 2017 09:16

VR Devices to Hit 110 Million

Rate this item
(0 votes)

VR Devices to Hit 110 Million

Virtual reality (VR) is ready to thrive off a swath of new and compelling content choices. ABI Research forecasts total VR device shipments will reach 110 million by 2021. While mobile device-reliant VR ship- ments—such as Samsung Gear VR and Google Daydream—dwarf today’s other VR device types, standalone devices will see a 405% CAGR through 2021, compared to a 42% CAGR for mobile VR.

“Mobile VR built a solid foundation for the overall market over the past few years, but standalone VR devices will even- tually drive it,” says Eric Abbruzzese, Senior Analyst at ABI Research. “However, a trend toward standalone devices is sur- facing, and will continue over the next five years until mobile and standalone VR devices see parity in terms of shipments.”

With an influx of standalone VR devices incoming, a greater range of use cases will be explored. ABI Research anticipates a total market size of $64 billion by 2021 [for gaming.] VR applications in retail and marketing will see a 124% CAGR through 2021. Video, education, and tourism are expected to see significant growth, as well.

—Source: ABI Research http://bit.ly/2l8gE3j

Read 3290 times

Solutions

dominKnow Launches New E-learning Tools Suite

Instructional designers and developers are using other kinds of digital content to deliver…
Read more...

EMS LINQ INC Launches Education Resource Management Platform

EMS LINQ INC has launched its first Education Resource Management (ERM) platform. LINQ’s ERM…
Read more...

New Magenta Features Put Employees on the Fast-Track to…

Skills development is a top concern of Learning and Development (L&D) professionals and business…
Read more...

ej4 Delivers Engaging Content & Platform

Since 2004, ej4 has delivered the unexpected in the e-learning industry. Our unique style of…
Read more...

Bizlibary Selected by the Learning! 100

The BizLibrary Experience is the perfect mix of content, technology and service- setting up you and…
Read more...

Lumesse Learning Launches me:time

Employees are increasingly taking control of their own learning, and at the same time organizations…
Read more...

 


You are now being logged in using your Facebook credentials