Export Compliance Daily is a Warren News publication.

ABI Pegs Consumer VR Hardware as $5 Billion Market Opportunity by 2023

The consumer virtual reality hardware market will be a $5 billion global business opportunity by 2023, said ABI Research Thursday. It views 2018 as a “significant year” for augmented reality, with “with new entrants in the market, new smart glasses…

Sign up for a free preview to unlock the rest of this article

Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.

launched, new and improved platforms and portfolios, and generally more enthusiasm and curiosity from the public to explore the technology." Heavy market “fragmentation and scarcity of content” is plaguing consumer VR hardware growth, but it’s confident “this is decreasing over time.”