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Augmented and Virtual Reality: 2017 Expected to be Breakout Year

By Dick Weisinger

Augmented and Virtual Reality (AR/VR) is set poised for rapid growth in 2017.  The market has already been growing strongly, but as the technology improves and headsets and devices become cheaper, sales are expected to boom.

Jitesh Ubrani senior research analyst for IDC Mobile Device Trackers, said that “AR may just be on track to create a shift in computing significant enough to rival the smartphone. In the next 12 months, we’ll see a growing number of hardware vendors enter the space with products that cover the gamut from simple screenless viewers to tethered HMDs to standalone HMDs. The AR/VR headset market promises to be an exciting space to watch.”

IDC expects that by 2020 sales of AR/VR headsets will reach 76 million which would be a 108 percent annual growth rate. AR/VR vendors include HTC, Sony, and Oculus.

 

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