The Virtual Reality Rise?
Virtual reality, the idealised next step in each gaming and simulations. With the rise of Oculus Rift, HTC Vive, Sony's Project Morpheus and the recent OnePlus Cardboard virtual reality is beginning to find a place within the consumer household, rather than with only arcades and technology enthusiasts.
The query is, and shall be whether virtual reality is here to remain and how will it affect the current gaming market. TMR, a market intelligence firm has released a report estimating that the United States virtual reality market was price US $466.6 million in 2012. With anticipated growth to reach US $5.eight billion dollars by 2019.
Such huge market potential is likely the driving drive behind the broad range of firms leaping on the VR scene. Everybody from Sony to Valve are presently creating or have released early merchandise, such a range of heavy hitting gaming firms is a sign that virtual reality has a place. Whilst this anticipated growth is spectacular, it remains to be seen if this new technology might be purely a passing fad or an extended-term gaming option.
In accordance with this report the constant increase in technology, comparable to 3D effects and movement tracking are pushing the rise of virtual reality. Whilst rising disposable incomes are letting more and more households give this new technology a try. On the flip-side the price of these technologies, demonstrated by Valve stating that their HTC Vive is aimed at the high-end client is predicted to harm growth and Team Building widespread adoption.
The worldwide spread of VR is obviously concentrated within North America and Europe, with both representing 69% of the revenue share. Though surprisingly Asia is slated as the area of highest potential as a result of growing online involvement and presence of Sony, who have easy to Asia for their Project Morpheus.
This single report highlights that VR has big potential, both for the businesses producing them and the consumers. But ultimately it is going to rely upon the content that will likely be available for these machines and the cost of them. On the current time a median shopper is not going to spend the equal of an Xbox One or PlayStation 4 for a machine that gives only a restricted range of games. Although if games such as the "Keep Speaking and Nobody Explodes" demonstrate anything, it's that the fitting sort of game fashion can work seamlessly with headset VR. We look forward to the day that Call of Duty might be played on a virtual reality machine, or maybe that would not be such a good idea.
The query is, and shall be whether virtual reality is here to remain and how will it affect the current gaming market. TMR, a market intelligence firm has released a report estimating that the United States virtual reality market was price US $466.6 million in 2012. With anticipated growth to reach US $5.eight billion dollars by 2019.
Such huge market potential is likely the driving drive behind the broad range of firms leaping on the VR scene. Everybody from Sony to Valve are presently creating or have released early merchandise, such a range of heavy hitting gaming firms is a sign that virtual reality has a place. Whilst this anticipated growth is spectacular, it remains to be seen if this new technology might be purely a passing fad or an extended-term gaming option.
In accordance with this report the constant increase in technology, comparable to 3D effects and movement tracking are pushing the rise of virtual reality. Whilst rising disposable incomes are letting more and more households give this new technology a try. On the flip-side the price of these technologies, demonstrated by Valve stating that their HTC Vive is aimed at the high-end client is predicted to harm growth and Team Building widespread adoption.
The worldwide spread of VR is obviously concentrated within North America and Europe, with both representing 69% of the revenue share. Though surprisingly Asia is slated as the area of highest potential as a result of growing online involvement and presence of Sony, who have easy to Asia for their Project Morpheus.
This single report highlights that VR has big potential, both for the businesses producing them and the consumers. But ultimately it is going to rely upon the content that will likely be available for these machines and the cost of them. On the current time a median shopper is not going to spend the equal of an Xbox One or PlayStation 4 for a machine that gives only a restricted range of games. Although if games such as the "Keep Speaking and Nobody Explodes" demonstrate anything, it's that the fitting sort of game fashion can work seamlessly with headset VR. We look forward to the day that Call of Duty might be played on a virtual reality machine, or maybe that would not be such a good idea.
