Momentum Worldwide - 2018: Virtual Reality’s Big Moment.
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Virtual reality is more widely accessible and it’s predicted that by the end of 2017, 24 million households worldwide will own at least one VR device. And the growth shows no signs of slowing down.
Momentum Worldwide - 2018: Virtual Reality’s Big Moment.
- 1. Virtual reality is more widely accessible and it’s predicted that by the end of 2017, 24 million households worldwide will own at least one VR device. And the growth shows no signs of slowing down, with the expectation that it will penetrate 77 million households by 2021. From the increasing use of VR in the home and how it’s managed to weave itself into the simplest of experiences, such as ordering a drink, it’s clear that there are opportunities to incorporate it into a variety of situations. For example, 66% of hotel guests now expect VR tours. Sources: Parks Associates, International Data Corporation, Oracle Perhaps the biggest VR validator of late has been the recent announcement from Facebook that they’ll debut the Venues app early next year (ability to watch events with others via an Oculus Go VR headset). With 2.07 billion Facebook users worldwide, we anticipate that virtual reality will truly work itself into the mainstream, with awareness, knowledge, and sales of VR headsets increasing. This could mean that worldwide revenues generated by the augmented reality (AR) and virtual reality (VR) markets will climb at least 100% annually over the next four years, going from $11.4 billion to $215 billion. VR WILL HAVE ITS TRUE MOMENT IN 2018 VR