Is virtual reality the future of the entertainment industry?

TECHi's Author Carl Durrek
Opposing Author Businessinsider Read Source Article
Last Updated Originally published May 3, 2015 · 4:20 AM EDT
Businessinsider View all Businessinsider Two Takes by TECHi Read the original story Published May 3, 2015 Updated January 30, 2024
TECHi's Take
Carl Durrek
Carl Durrek
  • Words 53
  • Estimated Read 1 min

Virtual reality, along with 3D printing and a few other things, are the top technologies at the moment that are still in their infancy but have massive amounts of potential. The entertainment industry is where virtual reality headsets are expected to enjoy the most success in the coming years, particularly the gaming industry. 

Businessinsider

Businessinsider

  • Words 125
  • Estimated Read 1 min
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There has been a lot of buzz recently around virtual reality (VR) and its potential as a new hardware device and software platform. The technology, which immerses the user in a computer-generated simulation of an environment, projects highly visual imagery in full 3D. While the technology has been associated mostly with gaming, the platform offers new opportunities for video, e-commerce, and more. In a new report from BI Intelligence, we provide proprietary forecasts for VR headset shipments and revenue and estimate average selling price over the next five years. We also take a look at the different types of VR headset technology now on the market, discuss which categories will win out, and look at several use cases for VR headsets, including gaming and other.

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