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VR Isn’t Getting Many People Excited At CES 2019

Even though many people expected big things from virtual reality at CES 2019, it seems those expectations are not met at this time. Although there are a few interesting announcements and demos, it is clearly not a technology designed for the mainstream. That is a very unfortunate development, primarily because all of the initial buzz […]

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Nvidia Builds Groundbreaking VR Technology, but Will Anyone use it?

One of the big questions in the VR industry is which companies will succeed. Based on the recent sales figures, none of the major brands is making any significant progress. Nvidia, manufacturer of video card technology and other products, may be the dark horse in this race. It is expected the company will benefit from […]

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IDC Report: VR Shipments Decline Sharply but Industry is Poised for Growth

Even though the expectations for virtual reality remain high, the current market sentiment tells an entirely different story. Without any real progress on the hardware and software side of things, no vast improvements will become apparent. New figures released by IDC show the VR industry is flat across the board, at best. The VR Industry […]

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Global VR Industry Expected to top $33bn by 2024

Despite facing opposition from all sides, the VR industry is still set to undergo major growth. It is expected the industry will top the $33bn mark by 2024. Achieving that growth will be quite challenging, as a lot of developments in recent months seem to oppose such a trend. VR Industry Growth Is Still on […]

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VR Industry is set to Become a $33bn Industry by 2020, Report Claims

It is evident the virtual reality industry has come at a major crossroads. Although there are some high expectations, current sales figures do not bode well for the foreseeable future. A new report claims the VR market will grow into a $33bn industry by 2022. Achieving that growth will require major efforts by industry leaders, […]

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David Ewalt: “Virtual Reality has Reached a Tipping Point”

Sales and shipments of VR headsets do not look all that promising at this point in time. That doesn’t necessarily have to spell doom and gloom for the virtual reality industry. David Ewalt is convinced VR is here to stay, mainly due to the new generation of hardware solving a lot of the initial problems […]

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Sony Isn’t Impressed by the VR Industry’s Growth

Even though Sony is one of the market leaders in the VR industry, the company acknowledges there are some issues. As of right now, the industry is growing rather slowly with no real improvements in sight. Overcoming this lull in growth will not be easy by any means, but the company remains confident things will […]

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VR Industry to Grow to $26.89bn by 2022, Report Claims

The expectations are still high when it comes to the VR industry. Although virtual reality still hasn’t made the big mainstream impact, things are progressing slowly. Zion market Research claims the VR industry will grow to $26.89bn by 2022. It seems a rather uneventful outlook, although significant growth will occur in the years to come. […]

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Global VR Industry to Become a $26.8bn Market by 2020

Various industry experts expect big things to happen to the VR industry in the coming years. Back in 2016, this market was valued at $2.02bn. Ever since that time, the market has grown quite a bit and will turn into a $26.89bn by 2022. That in itself would be a rather impressive achievement, although it […]