VR Headset Shipments to Rise at 40% CAGR Through 2027: ABI
“Renewed immersive opportunities” will spark a surge in shipments of virtual-reality headsets to 90 million units globally in 2027, reported ABI Research Thursday. “After years of slow but steady growth in limited use cases,” VR is poised for “a market…
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explosion” in the next five years, as consumer interest in VR games and media “continues to grow after COVID accelerated activity,” it said. The VR market “is no stranger to false starts,” said ABI analyst Eric Abbruzzese. Though the technology never previously got widespread consumer traction, the increased capability of VR hardware combined with demand for immersive content in numerous markets, is “a significant opportunity,” he said. Stand-alone headsets will comprise most of the shipments through the forecast period, rising at a 40% compound annual growth rate to 79 million in 2027, said ABI: “Tethered and mobile-based VR devices make up the rest, with tethered favored for gaming by consumers and simulation and training for enterprises.”