ABI Sees Stand-Alone VR Devices Driving Market Adoption Through 2021
Virtual-reality devices endured a “content-starved market introduction” but are “ready to thrive off a swath of new and compelling content choices,” ABI Research said in a Thursday report. It sees total VR device shipments reaching 110 million by 2021. Though…
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smartphone-reliant VR devices such as Samsung Gear VR “dwarf” other VR device types in terms of shipments, stand-alone devices will have a 405 percent compound annual growth rate through 2021, compared with only a 42 percent CAGR for mobile-device-based VR products, it said. “Mobile VR built a solid foundation for the overall market over the past few years, but standalone VR devices will eventually drive it,” ABI said. “Low cost and high accessibility has, and will continue to, drive VR adoption with mobile devices and associated VR accessories. However, a trend toward standalone devices is surfacing, and will continue over the next five years until mobile and standalone VR devices see parity in terms of shipments.”