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The Next Big Thing is Here Virtual Reality
Just How Big Is The Virtual Reality Market And Where Is It Going Next?
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2016 was a pivotal year for the Virtual Reality industry but just how pivotal? Almost 100 million VR units shipped, pivotal. The trouble is... most of those (96%) were Google Cardboard - the pretty much free and bottom-end of the VR spectrum. These units offer little that is anywhere near the experience of the higher-end units focusing on or around with 360-video rather than full VR. So is full VR's goose cooked? Absolutely not. 2017 looks like it will be a good year too good thanks to the new Samsung S8 and second-generation (yes, already) headsets from industry giants Oculus and HTC but most VR coverage misses one important factor out. China.

Bloomberg reports that China's VR market will be $8.5 Billion and noted that there are at least 200 startups working in China’s VR industry. China is also pushing low-cost models hard. The best-selling unit seems to be the Ritech headset (for around $20 from Amazon although they are bought for less than $10 each in China), selling just over 100,000 units per month.

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