• Big Story
  • News
    • News
    • Consumer Technology
    • Market Updates
    • Technology Insights
  • Interviews
  • Opinion
  • Digital Transformation Series
  • Special Reports
    • MWC Africa
    • Nigeria 5G Spectrum Auction
Friday, May 23, 2025
  • Login
  • Register
Technology Times | Latest and Breaking Nigeria Tech News
No Result
View All Result
Technology Times | Latest and Breaking Nigeria Tech News
No Result
View All Result
Technology Times | Latest and Breaking Nigeria Tech News
No Result
View All Result
Your text
PlayStation VR

IDC: Virtual Reality hardware to exceed $2b in 2016

Kayode OladeindebyKayode Oladeinde
27/04/2016
in Market Updates, News
Reading Time: 2 mins read
1 0
A A
0
ADVERTISEMENT

Worldwide shipments of Virtual Reality (VR) hardware will skyrocket in 2016, generating revenues of approximately $2. 3 billion, an International Data Corporation (IDC) report has revealed.

Key products from Samsung, Sony, HTC and Oculus will drive shipments to reach total volumes of 9. 6 million units. 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.

[quote font_size=”22″ font_style=”italic” align=”right” bgcolor=”#” color=”#” bcolor=”#” arrow=”yes”]IDC has identified three major device categories across the Augmented and Virtual Reality markets. They include: Screenless viewers that use the screen of specific smartphones to drive an AR/VR experience (example: Samsung Gear VR); Tethered Head Mounted Displays (HMDs) that utilize an existing compute device such as a PC, game console, or even a smartphone to drive a head -worn display (example: Oculus Rift) and Standalone HMDs that integrate processing within the head – worn display itself (example: Microsoft HoloLens). [/quote]According to the first worldwide AR/VR forecast from International Data Corporation (IDC), the combined device markets will see hardware shipments surge past 110 million units in 2020.

LG 360 VR DETACHABLE MODULE

IDC has identified three major device categories across the Augmented and Virtual Reality markets. They include: Screenless viewers that use the screen of specific smartphones to drive an AR/VR experience (example: Samsung Gear VR); Tethered Head Mounted Displays (HMDs) that utilize an existing compute device such as a PC, game console, or even a smartphone to drive a head -worn display (example: Oculus Rift) and Standalone HMDs that integrate processing within the head – worn display itself (example: Microsoft HoloLens).

“In 2016, the first major VR Tethered HMDs from Oculus, HTC, and Sony should drive combined shipments of over 2 million units,” said Tom Mainelli, vice president for Devices & Displays at IDC. “When you combine this with robust shipments of screen less viewers from Samsung and other vendors launching later this year, you start to see the beginning of a reasonable installed base for content creators to target.”

Related Articles

In photos: The ₦799,800 vivo V50 smartphone

Meta $220M Fine in Nigeria: FCCPC dismisses exit threat by WhatsApp’s parent

Paystack launches Zap, a new consumer app for instant bank transfers

Nigerian businesses tap Managed Service Providers as cyber threats spike, Heirs Technologies says

Photos: HOTWAV Note 15: What’s inside the ₦178,600 smartphone?

Google Pixel 9a packs AI photography with 100 hours of battery life

Watch: Engr. Banjo on local content in Nigeria’s telecoms market

Data protection experts seek unified data privacy laws in Africa

NIS: Nigeria battling corruption with contactless passport, e-visa

Misconfigurations cause 80% of cloud breaches, experts warn

“Video games will clearly be the lead rationale for people to pick up an Oculus Rift, HTC Vive, or PlayStation VR this year,” added Lewis Ward, research director of Gaming.

“While there have been some launch window hardware shipment hiccups that must be addressed near- term, I ‘m confident that they will be ironed out before the holiday season. The addition of exciting new titles will lead to a new wave of VR HMD hardware interest among those buying for themselves or family members and friends.”

IDC expects AR hardware to take longer to bring to market. “While development kits from players such as Microsoft, Meta, and others point to a strong future in AR hardware, these devices are dramatically harder to produce than VR products,” said Mainelli.

” Doing this right is more important than doing it fast, and we urge the industry to continue its slow and steady approach to hardware development here, as AR is going to have a profound impact on the way we interact with technology and the way we do our jobs for many years to come. In the meantime, we expect companies to begin experimenting with AR software on devices already in use: smartphones and tablets.”

Tags: nigeria technology newssmartphonestech newsvideo
Share18Tweet12Share3SendShare
Kayode Oladeinde

Kayode Oladeinde

Technology Journalist at Technology Times. Mobile: +234 (0) 7031526929

Related Articles

in-photos-the-₦799800-vivo-v50-smartphone
Consumer Technology

In photos: The ₦799,800 vivo V50 smartphone

byFejiro Awowede
19/05/2025
fccpc-dismisses-exit-threat-by-whatsapps-parent
News

Meta $220M Fine in Nigeria: FCCPC dismisses exit threat by WhatsApp’s parent

byOladapo Rilwan
03/05/2025
paystack-launches-zap-a-new-consumer-app
News

Paystack launches Zap, a new consumer app for instant bank transfers

byFejiro Awowede
25/03/2025
nigerian-firms-tap-managed-service-providers
News

Nigerian businesses tap Managed Service Providers as cyber threats spike, Heirs Technologies says

byFejiro Awowede
24/03/2025
hotwav-note-15-whats-inside--₦178600-smartphone
Consumer Technology

Photos: HOTWAV Note 15: What’s inside the ₦178,600 smartphone?

byFejiro Awowede
24/03/2025
google-unveils-pixel-9a-with-ai-photography
Consumer Technology

Google Pixel 9a packs AI photography with 100 hours of battery life

byOladapo Rilwan
24/03/2025
engr-banjo-on-local-content-in-nigeris-telecoms
News

Watch: Engr. Banjo on local content in Nigeria’s telecoms market

byTechnology Times Staff
23/03/2025
data-experts-push-for-unified-data-privacy-laws
News

Data protection experts seek unified data privacy laws in Africa

byFejiro Awowede
21/03/2025
nis-fights-corruption-with-contactless-passport
News

NIS: Nigeria battling corruption with contactless passport, e-visa

byOladapo Rilwan
21/03/2025
Misconfigurations cause 80% of cloud breaches, experts warn
News

Misconfigurations cause 80% of cloud breaches, experts warn

byOladapo Rilwan
21/03/2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

10 − two =

ADVERTISEMENT
Access Bank Access Bank Access Bank
ADVERTISEMENT

Latest Articles

how-mtn-nigeria-navigated-72-hour-data-breach

‘On the preponderance of caution’ — How MTN Nigeria navigated 72-hour countdown in data breach incident

21/05/2025
cbn-quells-fidelity-bank-bankruptcy-online-rumour

CBN quells Fidelity Bank’s collapse rumours on social media 

20/05/2025
nigeria-digital-economy-nets-191m-in-q1-2024

Minister: Nigeria’s digital economy sector nets $191m FDI in Q1 2024

20/05/2025
fg-flags-poor-internet-access-in-unity-schools

Minister flags poor internet connectivity in Unity Schools

20/05/2025
nigerian-isp-btel-posts-₦10-58m-q1-profit

Btel posts ₦10.58m Q1 profit as Nigerian ISP expands broadband, mobile services

20/05/2025
CrownCrystal Technologies CrownCrystal Technologies CrownCrystal Technologies
ADVERTISEMENT
ADVERTISEMENT

POPULAR ARTICLES

  • asus-zenbook-a14-world-lightest-ai-laptop-debut

    ASUS unveils Zenbook A14, world’s lightest AI-powered laptop at CES 2025

    126 shares
    Share 50 Tweet 32
  • CNF: Given Nigeria’s economic hardship, ‘FG should rethink 50% telecoms price hike’ 

    81 shares
    Share 32 Tweet 20
  • Telecoms Tariff Hike: NCC ex-insider wants Tinubu to tackle alleged ‘hostile takeover of telecoms industry’ by MTN Nigeria 

    1335 shares
    Share 534 Tweet 334
  • Exclusive: NCC approves MTN Nigeria-9Mobile roaming, spectrum deals

    533 shares
    Share 213 Tweet 133
  • Ahead of Nigeria market debut, Vitel MVNO begins number reservation on 0712 

    761 shares
    Share 304 Tweet 190
  • Nigeria launches digital climate advisory for farmers

    142 shares
    Share 57 Tweet 36
  • Anambra State plans ‘advanced surveillance technology’ to combat insecurity

    112 shares
    Share 45 Tweet 28
  • Nigeria’s SEC to eliminate pyramid schemes in 2025, DG says

    95 shares
    Share 38 Tweet 24
  • Police recovers over ₦8 billion cybercrime proceeds in 2024

    96 shares
    Share 38 Tweet 24
  • MTN Group says Nigerian mobile foray was ‘risky’  

    189 shares
    Share 76 Tweet 47

Latest Videos

  • TT TV
teniola-advocates-dynamic-billing-for-nigerians

Teniola advocates dynamic billing to protect Nigerian consumers | Technology Times Policy eXchange

14/04/2025
watch-mtn-nigeria-board-lawsuit-interview

#Watch: MTN Nigeria’s board is filled with ex-regulators—is this a conflict of interest?

24/03/2025
engr-banjo-on-local-content-in-nigeris-telecoms

Watch: Engr. Banjo on local content in Nigeria’s telecoms market

23/03/2025
#Watch: Technology Times Thought Leadership Series #Live

#Watch: Technology Times Thought Leadership Series #Live

20/03/2025
#Watch Technology Times TV #Live

#Watch Technology Times TV #Live

20/03/2025
Load More
ADVERTISEMENT
Facebook Twitter Youtube LinkedIn RSS

ABOUT TECHNOLOGY TIMES

technology-times-logo

Nigeria Technology Media Group

Founded in 2004, Technology Times’ trusted technology news, market intelligence, views and business services reach readers and partners across Nigeria, Africa and beyond.

Advertising

Sign up for TT eNews

Get in touch here

CONTACT US

Phone: +234 (0) 1 454 1818
WhatsApp: +234 (0) 815 700 0100
Email: info@technologytimes.ng
Web: www.technologytimes.ng

LEGAL & COMPLIANCE

technology-times-logoHome

TT Privacy Policy

TT Terms & Conditions

TT Website Disclaimer

TT Guest Post Guidelines

TT Sitemap

VOffice

TOP STORIES

  • asus-zenbook-a14-world-lightest-ai-laptop-debut

    ASUS unveils Zenbook A14, world’s lightest AI-powered laptop at CES 2025

    126 shares
    Share 50 Tweet 32
  • CNF: Given Nigeria’s economic hardship, ‘FG should rethink 50% telecoms price hike’ 

    81 shares
    Share 32 Tweet 20
  • Telecoms Tariff Hike: NCC ex-insider wants Tinubu to tackle alleged ‘hostile takeover of telecoms industry’ by MTN Nigeria 

    1335 shares
    Share 534 Tweet 334
  • Exclusive: NCC approves MTN Nigeria-9Mobile roaming, spectrum deals

    533 shares
    Share 213 Tweet 133

©2004-2025 Technology Times, owned and operated by Digital Transformation Media Limited (DTML), Nigeria or its affiliates. All rights reserved.

Welcome Back!

Sign In with Facebook
Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Big Story
  • News
    • News
    • Consumer Technology
    • Market Updates
    • Technology Insights
  • Interviews
  • Opinion
  • Digital Transformation Series
  • Special Reports
    • MWC Africa
    • Nigeria 5G Spectrum Auction
  • Login
  • Sign Up

©2004-2025 Technology Times, owned and operated by Digital Transformation Media Limited (DTML), Nigeria or its affiliates. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy Page.