Written by Brooks Canavesi on . Posted in IoT
There was no shortage of VR- and AR-related news in 2017, from hardware releases to interesting technology developments to company acquisitions. According to Digi-Capital’s new Augmented/Virtual Reality Report Q1 2018, VR and AR are on their way to approach up to $90 and $15 billion revenue respectively within the next 5 years, reaching an install base in the high tens of millions to over 100 million by 2022 for the combined VR and AR headset market. To better understand the road ahead, as well as the groundwork the year 2017 laid for the future of VR and AR experience, we can examine the current state of mobile VR and AR headset, which represent the focal point of most consumers’ attention.