Greenlight Insights released a new report today that details the 2017 global VR hardware, software, and service revenue forecasts. The report is very positive about the growth of the virtual reality industry. According to a report released by Greenlight Insights, the revenue of the global VR industry in 2017 will reach US$7.2 billion.
The report further predicts that the growth curve of the VR market will ease, but it is expected that virtual reality will grow into a major global market by 2021, with a global investment of 74.8 billion U.S. dollars.
Clifton Dawson, executive director of Greenlight Insights, said: “The successes and failures of the global virtual reality industry in 2016. Some high-end manufacturers’ initial sales did not reach expectations, while PlayStation VR, Samsung Gear VR and Low The headline of cost continues to grow.The virtual reality industry will experience an unprecedented period of turmoil, but our analysts believe that in 2019 VR will achieve critical mass in many markets and establish a considerable global market in five years time. ."
Greenlight Insights details the trends of VR in 2017:
· The new VR headset based on the Microsoft Windows 10 operating system will increase the demand for VR hardware, software and services.
· The new hardware platform launched by the top PC makers at the end of 2017 will increase the number of close-to-home display and VR-Ready computers.
Greenlight Insights points out that the penetration rate will continue to rise and predicts that offline entertainment will become a $1.2 billion market in 2021.
Eddie Lou, market analyst at Greenlight Insights in China, said: “Before investing thousands of dollars in equipment, new users will first turn to offline entertainment centers. Niche accessories such as tactile kits, sensory simulators and professional controllers The offline entertainment center will find the market because consumers are less willing to purchase expensive hardware. This provides VR content studios and hardware vendors with unique market opportunities."
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