0
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

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: HTC / Lenovo / Oculus / Sony
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

HTC Vive unveils new PC and business VR headsets

Published 12 May 2021 11:14 CET | World
HTC Vive unveiled two new VR headsets at its ViveCON global conference. The Vive Pro 2 is designed for PC VR activities such as ...

HTC Vive partners iFixit for VR headset repairs

Published 27 Apr 2021 13:37 CET | North America
HTC Vive is partnering with iFixit to allow HTC Vive customers in North America order specific replacement parts for Vive CE and ...

Facebook shows research into AI wristband with nerve signal controls

Published 19 Mar 2021 11:13 CET | World
Facebook has shown some of its research into new forms of human-computer interaction, including a wristband that can work as the ...

Sony, Yamaha launch Graffiti Cruise service with Sociable Cart: SC-1 entertainment vehicle

Published 08 Mar 2021 08:53 CET | Japan
Sony has introduced a new attraction using the entertainment vehicle Sociable Cart: SC-1, jointly developed by Sony and Yamaha ...

HTC upgrades VIVE Cosmos software, boosts performance

Published 22 Jan 2021 10:30 CET | World
HTC announced further upgrades to the software of its Vive Cosmos headset with a view to boosting virtual reality performance and ...

HP brings out HP Reverb G2 Omnicept Edition VR headset with Omnicept SDK

Published 15 Oct 2020 14:28 CET | World
HP has launched the HP Omnicept Solution, combining a VR headset and a developer-focused SDK as a single platform.  This will ...

Thai smartphone market drops 9% year-on-year in Q2

Published 13 Oct 2020 10:05 CET | Thailand
Thailand shipped 4.3 million smartphone in the second quarter of 2020, which represents an increase of 21.2 percent ...

Global smart home device shipments to reach over 1.4 billion in 2024 - IDC

Published 29 Sep 2020 16:40 CET | World
The global market for smart home devices is forecast to grow by 4.1 percent year-on-year to more than 854 million units in 2020, ...

Markt voor VR headsets gaat weer groeien - IDC

Published 21 Sep 2020 10:07 CET | World
De markt voor virtual reality (VR) -headsets zal naar verwachting met 6,7 procent dalen in 2020 voordat deze terugkeert naar een ...

Faceboook unveils research project to build wearable AR devices

Published 17 Sep 2020 13:42 CET | World
Faceboook unveiled Project Aria, a new research project that will help it build the first generation of wearable augmented ...

Facebook unveils Oculus Quest 2 VR headset, plans Ray-Ban smart glasses in 2021

Published 17 Sep 2020 09:56 CET | World
Facebook introduced the 'Oculus Quest 2' VR headset at its Facebook Connect conference. Pre-orders for the new VR gadget will ...

Telenet's The Park opens VR gaming halls in Netherlands

Published 01 Sep 2020 08:51 CET | Netherlands
The Park Entertainment, a Belgian company in which Telenet holds an 80 percent stake, is expanding to the Netherlands with VR ...

KT to power Jin Air's in-flight VR service

Published 11 Aug 2020 15:54 CET | Korea, Republic of
KT will develop a virtual reality (VR) entertainment service for air passengers jointly with Jin Air Co and Hanjin Information ...

Yahoo Sports, NBA to bring sports entertainment to fans through VR

Published 31 Jul 2020 12:01 CET | United States
Yahoo Sports and the National Basketball Association (NBA) are joining forces to enhance the at-home fan experience with a ...





Calendar   /   Industry Events

25 Jul Fiber Connect
27 Jul Juniper Networks Q2 2021
27 Jul KPN Q2 2021
27 Jul TIM Brasil Q2 2021
27 Jul Telefonica Brasil Q2 2021
27 Jul TIM Q2 2021
27 Jul AudioCodes Q2 2021
27 Jul A10 Networks Q2
27 Jul Alphabet Q2
27 Jul MediaTek Q2 2021
27 Jul NortonLifeLock fiscal Q1
27 Jul Microsoft fiscal Q4
27 Jul Corning Q2
27 Jul SK Hynix Q2
27 Jul Apple fiscal Q3
28 Jul Facebook Q2
28 Jul Equinix Q2
28 Jul Ribbon Communications Q2 2021
28 Jul Altice USA Q2
28 Jul Qualcomm fiscal Q3
28 Jul Ooredoo Q2 2021
28 Jul Cirrus Logic Q1
28 Jul Extreme Networks fiscal Q4
28 Jul Spotify Q2 2021
28 Jul Telefonica Deutschland Q2 2021
29 Jul Vodacom fiscal Q1
29 Jul Liberty Global Q2 2021
29 Jul Consolidated Communications Q2
29 Jul CyrusOne Q2 2021
29 Jul CoreSite Q2 2021
::: More Calendar Items