SuperData trims virtual reality revenue outlook for 2016 by 30%

Virtual reality is not going to have quite as big of a 2016 as one research firm was originally predicting.

SuperData is trimming its prediction for virtual reality sales in 2016 by 30 percent. In January, the analysts at SuperData forecast that VR would make $5.1 billion in revenues throughout this year. Now, the company is cutting that number down to $3.6 billion. SuperData notes explains that it overestimated the market for PC and mobile VR, which includes devices like the Oculus Rift, HTC Vive, and Samsung Gear VR. This slower start doesn’t dampen SuperData’s prediction that VR will generate $40 billion in spending by 2020.

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