• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Sunday, September 14, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

Research Indicates VR is Evolving, User Base can Rise to 171 Million

margin707 by margin707
May 17, 2018
in News
Reading Time: 2 mins read
0
TheVRBase Userbase Growth
Share on TwitterShare on Facebook

Research into the VR industry is always worth keeping an eye on. Despite the appeal of this industry, it has not gained any significant traction just yet. Research by Fullestop shows how there are a lot more users than one might think. Even so, there’s still a lot of work to be done moving forward.

The State of the VR Industry

It is evident virtual reality is interesting, but still in the early stages of growth. Different use cases for this technology exist already, with gaming still being the primary industry as of right now. That in itself surprises a lot of people, even though it really shouldn’t. Visiting places is also a popular trend, whereas live events and other forms of entertainment lag behind the curve.

Thankfully, the positive attention for VR is also growing. Especially in the educational and healthcare industries, a lot of popular initiatives are taking place. With VR becoming more physical and sensory oriented, the new opportunities will be well worth keeping an eye on. Whether that will be for better or worse, remains to be determined.

According to recent research, it seems there are a lot more VR users than people think. Fullestop shows how the number of VR users is growing steadily, with 90 million users globally in 2017. This is more than double the number of users in 2016. If this growth continues, there will be 171 million VR users by late 2018.

Even so, the adoption rate of VR still needs a bit of work. More specifically, 81% of respondents to the survey confirm they are captivated by the technology. Two in three consumers see merit for VR in the shopping industry. Over one in two adults would prefer to buy from a brand with VR functionality. An interesting situation for companies to take advantage of.

Header image courtesy of Shutterstock

If you liked this article make sure to follow us on twitter @thevrbase and subscribe to our newsletter to stay up to date with the latest VR trends and news.

Tags: VR
Previous Post

Fidelity Labs and Amazon Create Cora, a Financial Advisor in Virtual Reality

Next Post

MIT is Training Drones in a Virtual Reality Environment

Related Posts

XRP Targets a Breakout as Bulls Eye a 20% Surge
Market Analysis

XRP Targets a Breakout as Bulls Eye a 20% Surge

September 13, 2025
Featured

Bitcoin Takes a Breather After Record High – But the Bulls Aren’t Done Yet

September 13, 2025
Altcoin Season Index Soars to 76 While Bitcoin Dominance Wobbles
Market Analysis

Altcoin Season Index Soars to 76 While Bitcoin Dominance Wobbles

September 11, 2025
Ethereum $4.3K Balancing Act: Support or Sneaky Trap?
Market Analysis

Ethereum $4.3K Balancing Act: Support or Sneaky Trap?

September 10, 2025
U.S. Pushes Forward With Strategic Bitcoin Reserve Talks
Market Analysis

U.S. Pushes Forward With Strategic Bitcoin Reserve Talks

September 10, 2025
Bitcoin’s $111K Line in the Sand Faces Serious Pressure
News

Bitcoin $111K Line in the Sand Faces Serious Pressure

September 10, 2025

Press Releases

XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?
News

XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?

by Alex Mercer
September 10, 2025

Ripple’s XRP is flirting with the $3 mark again, thanks to a tidal wave of speculation around a potential ETF...

Read more
Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

September 2, 2025
Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

September 1, 2025
Why Ethereum ATH Could Crush Bears Before Q3 Ends

Why Ethereum ATH Could Crush Bears Before Q3 Ends

August 12, 2025
Ethereum’s 28-Day Countdown: Will Ethereum Smash Through $3,030 Next?

Ethereum 28-Day Countdown: Will Ethereum Smash Through $3,030 Next?

July 20, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier