Written by: Roshan Dwivedi
According to a recent research by Greenlight Insights, Virtual Reality will experience “very modest growth” in the coming two years but will eventually reach annual revenues of $38 billion in 2026. The research also stated that the VR hardware suh as VR cameras, head-mounted displays and other hardware will account for about 61% of the total VR industry revenues in 2026.
Revenues for the 360 degree VR camera segment is expected to reach nearly $4.6 billion by 2026. According to the research, Playstation VR launch and Microsoft’s entry into the VR market are some important events.