Skip to content
latesttechtrends

Latest Tech Trends

  • Home
  • Graphic Design
  • How To
  • Smart Appliances
  • Categories
    • Camera
    • Hosting
    • How To
    • Gadgets
    • Business
    • Accessories
    • Mobiles
      • Games
      • iPhone
      • Android
      • Applications
    • Softwares
    • Hardware
    • Tech News
    • Electronics
    • Social Media
    • Smart Appliances
    • Tips and Tricks
    • Cryptocurrency
    • Reviews
  • About Us
    • Contact Us
      • Advertise
tech5 2

VR and AR headset market to expand by 56.1% annually

Posted on September 30, 2017April 15, 2024 By Nicholas

The modern-day revolution is seeing a lot of things, which one could not have imagined two or three decades ago, turn into reality. Among these are the virtual reality (VR) and the augmented reality (AR). Even though these technologies are still in their early days, according to industry analysts, the headset market is going to expand a lot in the coming years.

13.7 million units of headsets have already been shipped this year, and the amount will grow up to a shocking 81.2 million units by the start of 2021, which shows an annual growth of 56.1%.

The VR market has already taken off, with many mainstream companies venturing into the market. High-profile VR headsets that include Oculus Rift, PlayStation VR and the HTC Vive were already put on sale from 2016. On the other hand, the large mobile VR market, that contains headsets powered by smartphones, have also taken off with the Samsung’s Gear VR and various Google Daydream gadgets making it to the shops this year.

On the other hand, AR is still in transition and developing mode, with very less firms into the technology. Microsoft’s HoloLens remains possibly the only well-known AR headset, that you can purchase right now, after the Google Glass project. Moreover, the mysterious Magic Leap and Apple’s ARkit is also making the headlines in the AR market.

Ar headset feature
AR headsets will gain more revenue in sales by 2021 than VR headsets

VR is a fully hypnotic digital world hidden inside a headset, while AR, or mixed reality, overlaps the digital world over reality. Apple’s CEO, Tim Cook has not hidden his praise for AR, naming it a core technology. He further added that AR will be a larger business in the long future than VR.

According to market analysts, VR headsets will take more than 90% of the headset market until 2019, but AR headsets will experience a revolution in the market between 2020 and 2021, with AR grabbing a quarter of the market by the end of that tenure.

A senior researcher and analyst revealed that AR headset shipments are only a little amount of what he expects it to be after a tenure of five years, both with respect to the amount and its functionality.

He further added that AR headsets are on the pathway to make more than $30 billion in sales by 2021, which will be almost twice of the revenue gained by VR. Most of the AR headsets will have a higher average selling price in comparison to VR headsets. Moreover, most consumers will also experience AR on mobile devices, with the Apple ARKit and Google’s ARCore-enabled applications all set to march themselves into the consumer grade headsets.

Nicholas Huber
Nicholas

Nicholas is a dedicated and experienced author of this tech blog. He wants to be helpful and offer great content to his readers, but he also needs to make sure that the site is profitable so it can continue running. If you have any questions or concerns about our work please don’t hesitate to contact us!

Related Posts:

  • Apple to reveal new wearables at iPhone 8 launch
    Apple to reveal new wearables at iPhone 8 launch
  • Resurgence of PC gaming may threaten consoles
    Resurgence of PC gaming may threaten consoles
  • What to expect from Google's Pixel 2 event of October 4?
    What to expect from Google's Pixel 2 event of October 4?
  • Hackers can gain personal data from fitness trackers
    Hackers can gain personal data from fitness trackers
  • Chinese companies rule over majority of African markets
    Chinese companies rule over majority of African markets
  • BMW records higher profits than predicted
    BMW records higher profits than predicted
  • Apple reveals record all-time quarterly earnings
    Apple reveals record all-time quarterly earnings
  • Fitbit launches first smartwatch
    Fitbit launches first smartwatch
  • Apple and Huawei help tablet market stay alive
    Apple and Huawei help tablet market stay alive
  • Global tech giants enter market of smart home appliances
    Global tech giants enter market of smart home appliances
  • Samsung passes Apple as the most profitable tech firm
    Samsung passes Apple as the most profitable tech firm
  • Dubai city closer to launch flying taxi service
    Dubai city closer to launch flying taxi service
Gadgets, Tech News

Post navigation

Previous Post: SWANNTECH – The Most Reliable Online Trading Platform for Novices and Pros
Next Post: Google officially reveals Pixel 2 smartphone

advertise here

Recent Posts

  • Why Cyber Security Is A Boardroom Issue Rather Than An IT Team Issue

    Why Cyber Security Is A Boardroom Issue Rather Than An IT Team Issue

    May 23, 2025
  • How an Insurance Claim Lawyer Can Help You With Insurance Claims?

    How an Insurance Claim Lawyer Can Help You With Insurance Claims?

    May 2, 2025
  • Nomad Internet Unveils Nomad Wings: Exclusive High-Speed External Antennas for Faster, Reliable Connectivity Anywhere

    Nomad Internet Unveils Nomad Wings: Exclusive High-Speed External Antennas for Faster, Reliable Connectivity Anywhere

    November 8, 2024
  • 7 Features to Look for in the Best eSIM Apps

    7 Features to Look for in the Best eSIM Apps

    September 4, 2024
  • Old Door Sagging? Is it Time to Replace Your Garage Door?

    Old Door Sagging? Is it Time to Replace Your Garage Door?

    August 28, 2024

Categories

  • Accessories
  • Advertising
  • Android
  • Applications
  • Artificial Intelligence (AI)
  • Business
  • Camera
  • Cryptocurrency
  • Electronics
  • fr
  • Gadgets
  • Games
  • Graphic Design
  • Guides
  • Hardware
  • How To
  • iPhone
  • Mobiles
  • Reviews
  • SEO
  • Smart Appliances
  • Social Media
  • Softwares
  • Solar Panels
  • Tech News
  • Tips and Tricks
  • Facebook

Useful Links

  • CCPA
  • DMCA
  • Disclaimer
  • Privacy Policy
  • Cookies Policy
  • Terms & Conditions
  • Sitemap

Top Posts

  • Looking For Garage Door Hacks? Read This Post

    Looking For Garage Door Hacks? Read This Post

    April 22, 2020
  • How to Find the Best Supplier and Retailer for Mild Steel Enclosures?

    How to Find the Best Supplier and Retailer for Mild Steel Enclosures?

    July 28, 2021
  • Huawei Mate 10 Pro’s leaked images show world’s largest aperture camera

    Huawei Mate 10 Pro’s leaked images show world’s largest aperture camera

    September 27, 2017
  • Google fixes important problem of Chrome’s autoplaying videos

    Google fixes important problem of Chrome’s autoplaying videos

    September 15, 2017
  • When to Replace Your Garage Door – Signs You Need a New Door

    When to Replace Your Garage Door – Signs You Need a New Door

    April 10, 2023

Copyright © 2025 Latest Tech Trends.

Powered by PressBook WordPress theme