PlayStation VR from Sony Interactive Entertainment.
PlayStation VR from Sony Interactive Entertainment.
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Juniper Research: VR hardware market will hit $50 billion by 2021

  • Posted byby Mike Minotti
  • Updated
  • 1 min

PlayStation VR could trigger massive growth for the virtual reality industry.

A new report from market analysis group Juniper Research states that VR hardware will be worth $50 billion by 2021. By hardware, Juniper means VR headsets, peripherals, and 360 cameras. To give you an idea of how much growth that would be, Juniper projects VR hardware revenues to hit $5 billion this year.

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Written by

Mike Minotti

Mike Minotti has been with GamesBeat since 2012, starting as an intern. Based near Youngstown, Ohio, he now manages GamesBeat's editorial team. He's also a prolific podcaster, appearing on multiple shows covering the gaming industry.