- By 2021, the combined market size of augmented and virtual reality is expected to reach $215 billion.
- Augmented Reality is expected to acquire $1 billion users by 2020.
- $20 billion is the total virtual reality industry revenue to be generated by 2020.
- Facebook spent $2 million to acquire Oculus Rift.
- 44% of people interested in purchasing virtual reality devices are Millennials.
- 64% US consumers believe that augmented reality enhancements would benefit workplace.
- 291 virtual reality headsets are currently available for purchase on Amazon.
- Only 14% of virtual reality device purchases are made by Women.
- 77% of virtual reality executives agree that VR technology will impact the gaming industry most.
- 3 million Samsung virtual reality headsets were sold in one year.
- By 2025, the worldwide user base of AR and VR games is expected to grow to $216 million users and will be worth $11.6 billion.
DSIM Editorial Team
The DSIM Editorial Team is a group of passionate digital marketing experts dedicated to providing insightful, high-quality content on the latest trends, strategies, and tools in the digital marketing industry. As part of the Delhi School of Internet Marketing (DSIM), the team focuses on delivering valuable information to help aspiring marketers, entrepreneurs, and business professionals enhance their digital skills. With years of combined experience in SEO, social media, content marketing, and paid advertising, the DSIM Editorial Team ensures that each piece of content is designed to educate and empower readers to succeed in the fast-paced world of digital marketing.
