Global Virtual Reality Industry to Reach $7.2 Billion in Revenues in 2017

Stevi RexCompany, Press Releases, Virtual Reality

virtual reality industry report

SAN FRANCISCO (April 11, 2017) — In its new Virtual Reality Industry Report: Spring 2017, Greenlight Insights forecasts total virtual reality revenues to reach $7.2 billion globally by the end of 2017, of which, head-mounted displays (HMDs) will account for $4.7 billion. Anticipating modest growth in the short term, Greenlight Insights expects the VR industry to grow into a major … Read More

VR Industry Takes Major Steps Toward Establishing Standards

Alexis MacklinAnalysis

Google, HTC, Oculus, Samsung and other major headset manufacturers announced today a partnership to create the Global Virtual Reality Association. The goal of GVRA is to create standards and share best practices within the VR hardware industry. The announcement was not alone in the development of and call for standards. The Khronos Group announced a VR standards initiative backed by AMD, … Read More

3 Announcements that Might Give Oculus an Edge

Alexis MacklinAnalysis

In July, Road to VR Executive Editor Ben Lang and 2016 Industry Report contributor estimated HTCVive out selling Oculus Rift, comparing Steam install base and survey data. Moreover, according to Google Trends data compiled by Greenlight analysts, HTC Vive has been a more popular search term over the last 3-months when compared to Oculus Rift. (Note: Playstation VR has recently surpassed both … Read More

A Look Back At Vision Summit 2016

Eva GoinsAnalysis

Post by Eva Goins, Data Operations Lead at Greenlight VR. Eva works closely with all the data coming from and going into our company’s proprietary dataset. She also handles custom search queries for client projects. This post recaps her trip to recent Vision Summit 2016. Last month, Unity Technologies hosted Vision Summit 2016 at the Loews Hollywood Hotel in Los … Read More

Greenlight Report, Issue 24: What Oculus’ CES Reveal Actually Means

Greenlight InsightsAnalysis

Greenlight Report, Issue 24: What Oculus’ CES Reveal Actually Means What does Oculus’ $599 pricing say about their short-term strategy? Are consumers ready for a $1,000 VR camera? What barriers exist for product manufacturers during 2016? These are a few topics we tackled this week, aggregated into the Greenlight Report newsletter. Click the image below to read the full issue. *********** … Read More