VR may be hyped, but it'll take 'maybe a decade' to become mainstream

Despite burying us up to our neck in hype, the virtual reality industry is off to a very slow start.

Apparently, VR hardware penetration in Australia will only reach 25.5 percent of households in 2021. Currently, about 2.3 percent of local households have some sort of VR available.

For the moment, high-tech, pricier VR headsets like the Oculus Rift and HTC Vive are not dominant. According to consumer research company Telsyte's Australian VR & AR Market Study 2017, mobile VR headsets accounted for some 70 percent of the 216,000 VR headsets sold in Australia in 2016. Read more...