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China’s VR Market to 4-fold in 2017

According to a recent IDC forecast, China’s VR industry is expected to 4-fold in 2017 as more major players enter the industry and as original content drives growth. The VR industry in China experienced a roller coaster ride in 2016, starting off great by dipping till the end of year.

However, according to the IDC report, VR shipments reached 204,000 units in the Q3 of 2016, up 367.9% from the previous quarter, also many brands declared they’re entering the Chinese market. Before Q2, 2016, major of VR vendors were local but then Sony, HTC, Samsung, LeTV and others entered the market, with Xiaomi, Huawei, Microsoft and Lenovo following.

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