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VR Headsets Market to Grow at 108% CAGR in 5 Years

Roshan Dwivedi Published on : 23 December 2016
VR Headsets Market to Grow at 108% CAGR in 5 Years

Based on a Tracker research program from the International Data Corporation (IDC) on the emergence of Augmented Reality (AR) and Virtual Reality (VR) headset market, there will be huge worldwide shipments in AR and VR headsets.

The worldwide AR and VR headset shipments are expected to experience a compound annual growth rate (CAGR) of 108.3% over 2015-2020, reaching 76.0 million units by 2020. 2016 was a great year for AR given the huge popularity of Pokemon Go. The research also stated that the technology is still in its infancy, and has a long way to go.

Written by: Roshan Dwivedi

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