Greenlight’s VR Industry Revenue Predictions

According to Greenlight, more than 65{76c5cb8798b4dc9652375d1c19c86d53c1d1411f4e030dd406aa284e63c21817} of all VR revenue will come from headset sales this year. The anticipated revenue from VR this year is $7.17B. This is expected to grow to $72.82B by the beginning of 2021.

On a note more related to iMyth, Greenlight forecasts that location-based immersive experiences is going to grow into a significant part of the industry. In 2017, location-based VR will bring in $222M worldwide; by 2021, that amount will grow to almost $1.2B. This is a great place for iMyth to be in.

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