Virtual reality (VR) and augmented reality (AR) head-mounted devices have strong kinetic energy. According to IDC estimates, the global shipment of VR/AR headsets reached 10.1 million units in 2016, almost all of which are VR devices. However, since 2017, shipments of AR devices will start to leap year after year. It is estimated that by 2021, shipments of AR devices will grow to 27.3 million units, and shipments of VR devices will be 7,210,000 units.
In terms of application areas, consumer VR/AR devices shipped 8.1 million units in 2016, but the number of devices designed for industrial/commercial applications has reached 2 million units. In terms of growth momentum, the growth of the industrial/commercial market will be much higher than the consumer market. From 2016 to 2021, the compound annual growth rate (CAGR) of commercial VR/AR products will reach 80%, and the CAGR of consumer VR/AR will be 49.9%.
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