Report says mobile VR content is vital for the VR industry to take off

Mobile VR - Virtual Reality Headset - Looking to the Future

New Juniper Research study has found that VR-specific game revenues will skyrocket to $8.2 billion by 2023. Mobile VR (virtual reality) content is expected to drive the VR games industry revenue up to $8.2 billion from 2019’s expected $1.2 billion, according to a new study from mobile, online and digital marketing specialists, Juniper Research. Smartphone virtual reality content is essential to boost consumer confidence in VR across all platforms. Juniper noted, however, that the success of virtual reality is heavily dependent on Mobile VR content, which is necessary to increase…

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Oculus now has virtual reality technology research division

Oculus Rift virtual reality headset

The new team will be working out of Oakland, Pittsburgh, for the company known for its VR headset. Oculus, the cutting-edge developer of a new form of virtual reality technology headset, has now become the latest tech company to launch a division that is dedicated to researching VR tech. The number of companies looking into this and similar tech on their own or in partnerships is growing. Oculus VR Inc. has now revealed that it is launching a virtual reality technology research division in a 20,000 square foot office facility.…

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