New report assesses the virtual reality industry by analyzing 26 technology groups, use cases, and sectors, and examines the impact of factors driving the industry over the next few years.
Despite continued hype, the virtual reality industry will remain very modest for the next two years. Greenlight Insights forecasts the industry will continue to expand throughout the next 10 years, to revenues of $38 billion in 2026. Hardware (HMDs, VR cameras, and other hardware) overall will account for approximately 62% of total VR industry revenues of $38 billion in 2026.
VR revenues in the U.S. are expected to reach $38 billion by 2026
Greenlight Insights' forecast consists of nine separate top-level revenue categories which we’ve forecast individually, and rolled up into an aggregate forecast. In total, Greenlight Insights has 26 subcategories within nine top-level categories, including:
- VR Cameras
- Other Hardware
- Consumer Experiences
- Enterprise Experiences
- Commercial Production
- Tools & Software
- Location-Based VR
Report Overview and Availability
The report, “Virtual Reality Industry Report: Fall 2016,” delivers a comprehensive overview of the virtual reality industry by examining the current environment for virtual reality and those factors that will drive the industry going forward.
The 92-page report covers worldwide trends and analysis on the major factors driving and restraining the growth of the virtual reality market, including the development of different economical, consumer, geographical, and political trends; investments, acquisitions and IPO/public market trends; and more. It includes an assessment of:
- Who are the major players in virtual reality and how do they differ?
- How large is the industry today?
- What are the key factors that will impact the virtual reality industry going forward?
- Where will this industry be in 2020 and beyond?
Examining the current situation and those factors impacting this industry, the Virtual Reality Industry Report: Fall 2016 contains Greenlight Insights’ take on what each of these factors will mean for the industry and its potential strength and value in 2020.
The report is designed for anyone interested in what is going on in the virtual reality industry. In particular, the report is oriented towards industry executives, analysts and investors contemplating potential investment in the industry.
The report can be purchased online.
Greenlight Insights (@AskGreenlight) combines data, analytics and insights to provide its clients with the market information they need for grounded financial and strategic action. Since 2014, Greenlight Insights has provided proprietary research and services to global technology companies, Fortune 500 brands, and innovative startups. Visit www.greenlightinsights.com for more information.