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.
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.