Virtual reality (VR) technology is poised for remarkable growth. According to CCS Insight, VR headset sales will see a substantial increase over the next few years.
With expectations of an 800 per cent rise in dedicated VR headset sales by 2021, the future of VR technology looks promising.
Global sales of smartphone VR headsets are projected to reach 70 million units by 2021. This expansion is driven by advancements in VR and augmented reality (AR) devices.
CCS Insight forecasts a significant surge in dedicated VR headsets, expecting sales to grow to 22 million units – a staggering 800 per cent increase compared to 2017.
In contrast, the AR device market faces a slower start, with significant sales not anticipated until 2019. This challenges the pace of AR adoption.
Despite the high growth predicted for VR, AR headsets are not expected to match this pace immediately, requiring more development.
Headsets designed for smartphones dominate the market due to their accessibility and affordability.
Devices like Google’s Cardboard and Samsung’s Gear VR are paving the way for smartphone-friendly VR experiences.
Ben Wood from CCS Insight highlights the growing momentum of VR headsets with notable mentions of Google’s Daydream in smartphone launches.
Dedicated VR headsets such as HTC Vive and Oculus Rift provide superior quality experiences but have not met sales expectations.
The high cost and requirement for powerful PCs pose barriers to widespread adoption.
Even PlayStation VR, compatible with PS4, has not fulfilled its expected market potential, necessitating more innovation in VR solutions.
Technological improvements are bridging the gap with untethered VR solutions expected in 2017.
The variety and quality of VR content are crucial in attracting audiences, promising an enriched user experience.
Implementation of VR in public spaces like theme parks and showrooms offers educational outreach, showcasing VR’s potential.
VR technology continues to improve considerably, driving interest and investment in the sector.
CCS Insight believes that untethered solutions and diverse content will expand market opportunities.
The experiential potential of VR is vast, promising advancements in both consumer and commercial applications.
Anticipated growth in VR headset sales signifies a transformative phase for the industry.
The evolution of VR technology heralds a new era of interactive digital experiences, poised to captivate and educate users worldwide.
As VR technology matures, its integration into everyday life becomes more prevalent, promising a dynamic and immersive future.
The substantial growth forecast not only underlines VR’s potential but also signals an era of exciting innovation and exploration.