The Worldwide Virtual Reality Market Is Set To Be Huge

Google Daydream

Yesterday, Google launched its fully fledged offering to the world of virtual reality, the Daydream. As the Statista infographic below shows, they could well be getting into a very lucrative market at just the right time. Looking at mobile alone, hardware and software is forecast by SuperData Research (via VRFocus) to hit 8.5 billion U.S. dollars by 2020, with the total worldwide market predicted to be worth 40.4 billion dollars.

Infographic: The Worldwide Virtual Reality Market Is Set To Be Huge | Statista

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This chart shows the forecasted market size of virtual reality hardware and software from 2016 to 2020, by platform.

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The Worldwide Virtual Reality Market Is Set To Be Huge

Google Daydream