The Virtual Reality (VR) market is at a crossroad, finds ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies. While 2018 tethered and standalone VR shipments are expected to exceed those of previous years, mobile VR has taken a distant back seat to the latter, with few updates coming from major mobile players Samsung or Google. Despite the ongoing traction in the enterprise market (including location-based VR), the consumer space has entered a malaise and some within the content and video workflow space have tempered expectations. ABI Research has lowered its installed base forecast to clear just over 140 million by 2023, contingent on mobile VR turning things around and again becoming a viable segment of the market.
ABI Research lowers 2023 VR forecast