Virtual Reality (VR) related news and articles

GlobalData forecasts the virtual reality (VR) market to reach a value of $51 billion by the year 2030.

SuperData has released their update on the XR market for Q4 2019, showing best-selling VR headsets, and their predictions for the market by 2023.

A report has hinted that Apple is working on multiple VR and AR headsets, as well as a combined unit, all with a focus on gaming.

In a recent interview Google told press that for the foreseeable future the company’s output for VR products will be primarily software, not hardware.

Sony have announced that the PlayStation VR headset, their first foray into the world of virtual reality, has now shipped 4.2 million units worldwide.

The legal battle which has been raging for a number of years now between Facebook and ZeniMax over Oculus VR technology has been settled.

Oculus Founder Palmer Luckey has said that he doesn’t think any current VR hardware, or upcoming VR hardware, is good enough to go mainstream.

According to new research from SuperData mobile augmented reality apps will be generating more revenue than VR by the year 2021.

Sony have reported that since PlayStation VR headset debuted in October 2016, it’s sold more than 3 million units worldwide.

Over the last 12 months more than $3.6 billion has been raised by startups, setting a new record, that are specialised in the virtual and augmented reality sector.