For those who are unfamiliar, the
virtual reality (VR) offers an immersive and revolutionary way to consume digital
content.
Experts from the industry are all unanimous that, the target market is
still relatively niche; so that, the segment will need to expand beyond the
niche, high-end gaming audience to sustain development.
ABI Research forecasts that, Virtual Reality (VR) devices will be
responsible for US$15 billion by 2021, with mobile virtual reality devices
leading in shipments with 67 million.
Low average sale prices (ASPs) and better device
accessibility are among
the key drivers of this market. Vendors
like Oculus Rift, HTC Vive, Samsung, Huawei, and Sony are paving their way.