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General

VR headset market expected to grow despite short-term decline

Thursday 17 September 2020 | 13:37 CET | News
The market for virtual reality (VR) headsets is expected to decline 6.7 percent in 2020 before returning to double-digit growth of 46.2 percent in 2021, as the world continues to deal with the pandemic, according to data from IDC. The market faced a temporary setback this year as supply chain disruptions impacted volumes in the early months and expected product transitions have slowed the market mid-year. However, researchers expect shipments of VR headsets to grow rapidly with a compound annual growth rate (CAGR) of 48 percent from 2020 to 2024 as consumer and enterprise audiences continue

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Categories: General
Companies: HTC / Lenovo / Oculus / Sony
Countries: World
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