Shipments of virtual reality devices will expand by more than 2,400 percent this year according to a new forecast from International Data Corp. (IDC). Screenless viewers will grab the largest market share, according to the research company, at 74 percent.
"Virtual reality (VR) is an increasingly hot topic at technology events, government meetings and consumer entertainment events, injecting a boost of much needed excitement into consumer IT and business applications markets," said Neo Zheng, research manager, client system research, IDC China, in a prepared statement.
Areas to watch within the virtual reality ecosystem include components, devices, platforms and content, according to IDC.
Regarding components, "chip manufacturers have been making deployments in the PC chip market to be better compatible with high-end VR devices," according to information released by IDC. "On the other hand, competition in the Standalone HMD (head-mounted display) market has intensified, with Intel,Qualcomm, Allwinner and Spreadtrum having introduced their mobile VR solutions. The evolution of the Chinese standalone HMD market will have an impact on the global VR market landscape."
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