Virtual Reality Headset Annual Sales to Reach 77 Million Units by 2020
The cumulative worldwide sales of VR head-mounted displays (HMDs) will reach more than 200 million units during the period from 2015 through 2020, according to Tractica, a market intelligence firm focused on human interaction with technology.
The report further states that by the end of that period, 76.7 million HMD units will be shipped annually. Tractica further forecasts that virtual reality adoption will drive sales of 52 million accessory devices including gamepads and VR-specific controllers, during the same timeframe.
“The second coming of virtual reality is upon us, and industry participants are keen to ensure that products are fine-tuned prior to release in order to avoid a disappointment in this high-potential new category,” says principal analyst Craig Foster.
While some publishers have already dived into the new medium and developing a number of VR-specific games, other are currently just weighing on the niche “to determine the appropriate level of investment,” Foster added.
While gaming will be a key driver for VR growth across various platforms, the soaring demand for OLED displays will further fuel the adoption. Oculus Rift, Samsung’s Gear VR, Sony’s PlayStation VR, and others are all set to come with AMOLED instead of LCD.
Gohar is the lead editor at TechFrag. He has a wide range of interests when it comes to tech but he's currently spending a big chunk of his time writing about privacy, cyber security, and anything policy related.