VR hardware market will hit $50 billion by 2021

A new report from market analysis group Juniper Research states that VR hardware will be worth $50 billion by 2021. By hardware, Juniper means VR headsets, peripherals, and 360 cameras. Juniper projects VR hardware revenues to hit $5 billion this year.
The most rapid growth will come from gamers, driven by PlayStation VR launches for the PlayStation 4. Its attractive price of $400 when compared to PC VR headsets like the $600 Oculus Rift and $800 HTC Vive could jump-start the virtual reality market. According to Juniper, console VR offers a good middle ground for consumers. The experience is better than it is on mobile VR (including Google Daydream) but is more affordable than PC options.
Click here to find more information about the report.
Click here for more information about the NVC Inspiration Meeting Virtual Reality Unpacked (2 December 2016). For NVC members there are no costs involved.

This news item is also included in our monthly overview, the NVC Members-only Update. If you have any questions, please contact us: info@nvc.nl, +31-(0)182-512411.