ABI Research: Standalone VR devices to generate $4.5B revenue in 2021

ABI Research said standalone virtual reality (VR) devices are expected to see a 95.4 per cent CAGR through 2021, which is higher than mobile VR devices. They will likely cost between $300 (€267) and $500 initially, depending on specification. This will position them to be more expensive than mobile-reliant head-mounted displays (HMDs), such as Gear VR, but below tethered devices like the Oculus Rift, the research company said. It added that while shipment numbers may be low compared to mobile VR, new standalone VR products will drive growth in the category, and will overtake mobile VR in terms of revenue despite lower shipment numbers ($4.48 billion in 2021 for standalone, and $1.11 billion for mobile). Report