VR hardware to soar past US$2 billion mark in 2016 says IDC

Worldwide shipments of virtual reality (VR) hardware will skyrocket in 2016, with total volumes reaching 9.6 million units. Led by key products from Samsung, Sony, HTC, and Oculus, the category should generate hardware revenues of approximately US$2.3 billion in 2016. While VR will drive nearly all of the hardware volume in 2016, augmented reality (AR) hardware is forecast to ramp up over the next few years. According to the first worldwide AR/VR forecast from IDC, the combined device markets will see hardware shipments surge past 110 million units in 2020.

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