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ABI: 50M units of VR device shipments projected by 2020

Posted: 14 Mar 2016 ?? ?Print Version ?Bookmark and Share

Keywords:Virtual reality device? VR? PC? game consoles? mobile?

Research firm ABI forecasts 50 million units of virtual reality (VR) device shipments by 2020, which equates it to a compound annual growth rate of almost 85%.

As the ecosystem expands, a growing number of vendors are releasing their own VR accessories as add-ons to smartphones, ABI notes.

"Smartphones are the perfect platform for the VR market, because they already have the power and technological functionality necessary to create a fun, in-depth simulated environment," said Eric Abbruzzese, an analyst at ABI Research, in a statement. "As their capabilities continue to evolve, we anticipate high-end VR, which is currently exclusive to PC and game consoles, to expand to mobile-powered uses by 2020."

-Peter Clarke,
EE Times Europe

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