The future’s here, and it allows us to enjoy the sensation of being in other places, without actually going anywhere. Virtual Reality (VR) creates new environments for communication, expanding the user’s experience, previously limited by spatial and temporal conditions. With VR, the possibilities are endless.
According to data from 2014 and projections to 2020, the annual growth of the VR industry is approximately 142%
It is estimated that between 2015 and 2020, there will be a 99% annual growth in VR headset shipments in the US alone.
Total revenues for Virtual and Augmented Reality are projected to reach USD 156 billion between 2016 and 2020.
65% of users who experienced VR content were interested, 58% expressed amazement, and nearly half (49%) said they were excited.