Friday, 28 October 2016 11:09

VR Poised to Reach $35 Billion

Rate this item
(0 votes)

 

The Virtual Reality War has begun. Alphabet’s launch of Pixel Smartphone and new VR headset has joined the battle with Facebook, Microsoft and Samsung. With the heavy adoption of the technology comes the realization that VR IS in the future for enterprise learning.

VR is currently estimated to be a $1 billion industry according to Deloitte Global, but will explode to $35 Billion by 2025 according to BI Intelligence.  Video games and entertainment are the largest VR market segments accounting for$18.9 billion of the $35 billion market in 2025. Enterprise VR applications will generate 54% of VR market with Healthcare and Engineering leading the enterprise market.

 

vrmarketsharecrop

Read 1408 times

 


You are now being logged in using your Facebook credentials