The Global Market for Virtual Reality (VR) is Forecast to Reach US$41.2 Billion by 2024
Virtual Reality Emerges as the Stairway to Digital Immersion in Industrial, Enterprise & Commercial Sectors, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Virtual Reality (VR) market. The global market for Virtual Reality (VR) is forecast to reach US$41.2 billion by 2024 , driven by blossoming new applications of deep media” digital immersion in industrial, enterprise and commercial sectors. Ever since the development of multimedia technologies such as computers and the Internet, there has been increased interest in creating a more realistic experience of the virtual world. The world is approaching an era where digital participation is deemed more important than just watching. This new concept of “deep media” immersion is throwing the spotlight on virtual reality (VR). Immersion is defined as a state of emotional, sensory, ...