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Zuckerberg declared that "a new computing platform always emerges every 10 or 15 years," and that "VR is currently the most promising candidate." Assuming that the modern smartphone revolution which started with Apple's (NASDAQ:AAPL) iPhone in 2007 represents the newest computing platform, Zuckerberg's statement indicates that VR hardware might achieve mainstream adoption between 2017 and 2022. That estimate is supported by tech M&A advisory firm Digi-Capital's forecast that the combined virtual and augmented reality markets could grow to $80 billion to $90 billion by 2023.

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VR NEWS

Smilegate Entertainment Officially Launched VR Game 'Focus on You' and 'Rogan: The Thief in the Castle' Globally

Smilegate Entertainment Officially Launched VR Game 'Focus on You' and 'Rogan: The Thief in the Castle' Globally

Jul 9, 2019

SEONGNAM, South Korea — Smilegate Entertainment announced on July 8 that it has officially launched its dating adventure VR game, FOCUS on YOU and stealth action adventure VR game, ROGAN:...

CCP Returns To VR With Championship Update For Sparc

CCP Returns To VR With Championship Update For Sparc

Jul 9, 2019

It was a sad day in 2017 when one of virtual reality’s (VR) most prominent early supporters, CCP Games, which created titles like EVE: Valkyrie and Gunjack, decided to close studios and move...

Samsung Reportedly to Release “multiple AR and VR products” in Coming Months

Samsung Reportedly to Release “multiple AR and VR products” in Coming Months

Jun 4, 2019

Samsung hasn’t really said much about VR since the release of Samsung Odyssey+, the hardware refresh to its Windows Mixed Reality headset that came to market in October 2018. However at...

The Oculus Quest Is the Nintendo Switch of VR

The Oculus Quest Is the Nintendo Switch of VR

May 23, 2019

Despite billions of dollars in investment, a healthy number of competitors, and a wide range of options, virtual reality still has yet to catch on. It’s tough to pinpoint exactly why, but...

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