Virtual Reality

• [New] The launch of WiFi6 and WiFi6e will accelerate chip shipments because of higher demand for consumer Wi-Fi-enabled devices such as smart home appliances and AR/VR HMDs. / IAB
• [New] APAC is expected to lead the augmented reality and virtual reality market and is projected to grow at the highest CAGR from 2020 to 2027. / The Manomet Current
• [New] Due to the COVID-19 pandemic, the global consumer market for AR & VR is expected to witness sluggish growth in the coming years. / The Manomet Current
• [New] The compound annual growth rate of Virtual Reality is expected to grow by 21.6% from 2020 to 2027. / Crafsol Technologies
• [New] There is a growing virtual Chinese community named Dragon City on Decentraland, a virtual reality platform built on blockchain technology that allows users to create and sell their digital creations, and could eventually develop new markets for NFTs. / Pandaily
• Augmented reality applications within commercial and enterprise use cases are expected to grow at a faster rate than even the fastest accelerating applications for virtual reality - showing that AR is going to become a dominant force as the decade progresses. / Itproportal
• The usage of virtual reality technologies in the social media marketing segment is expected to rise as a big trend in 2021. / TheNewsify
• VR is expected to grow from 50.2 million monthly users last year to 58.9 monthly users in 2021. / ROI Revolution
• Augmented reality and Virtual reality will reach USD 1.6 billion in the Retail industry of the global market by 2025. / Virtual Voyagers
• The global Augmented Reality & Virtual Reality in healthcare market size was valued at USD 2.0 billion in 2020 and is expected to expand at a compound annual growth rate of 27.2% from 2021 to 2028. / Grand View Research, Inc.
• Augmented Reality and Virtual Reality are two popular tech trends that have exploded in popularity in recent years and expected to continue to do so in the coming years. / Itproportal
• Global fans will not feel like they are missing out, thanks to the innovative virtual reality technology they have introduced at all stadiums, allowing billions to plug in and watch games simultaneously, wherever they are in the world. / BBC Sport
• The global VR and AR markets could expand at a CAGR of 42.9% between 2020 to 2030, and become a $1.27 trillion market. / The Motley Fool
• Augmented Reality and Virtual Reality are shaping up to be the next big thing in mCommerce, with its global market in retail projected to be worth $1.6 billion by 2025. / Boost Commerce
• Increasing demand from various end use industries such as healthcare, gaming, automotive, etc. is a major factor expected to drive the growth of global virtual reality headset market. / Business, Technology, Startups and Science News and Trends in India | IndianWeb2.com
• The market in North America is expected to account for a major revenue share in the global virtual reality headset market due to the increasing use of virtual reality in healthcare sector. / Business, Technology, Startups and Science News and Trends in India | IndianWeb2.com
• Increasing adoption of VR from various end use industries across the globe is expected to drive the growth of the global virtual reality headset market. / Business, Technology, Startups and Science News and Trends in India | IndianWeb2.com
• Within five to ten years, new technologies such as robotics, artificial intelligence and virtual reality will expand to represent over 25% of IT spending. / DatacenterDynamics
• Smartphones entering the global market will increase demand for AR and VR solutions. / Medium
• During 2021 and in the next few years we will start to see virtual reality and augmented reality elements included to improve the user experience and take gamification to a higher level. / Atrivity
• Almost 70% of consumers said they expect to use augmented reality, virtual reality, mixed reality to experience products and services in the coming year, so there's an uptick there. / Brand NewMag.
• Technological developments in gaming software and hardware are expected to drive the growth of the virtual reality games market in the US and Europe during the forecast period. / TechStory

Last updated: 13 June 2021