The gaming and entertainment media accounts for 40.5% of this market.
The popularity of virtual reality continues to grow, and experts believe that the VR market is expected to top $34 billion by 2023. The gaming and entertainment media accounts for 40.5% of this market. Also, since we live at a time with limited choices for entertainment, VR can also be useful in allowing us to enjoy some of our favorite activities and places remotely. The immersive and life-like experiences VR offers are game-changing, which is why it continues to grow in popularity. Let’s take a closer look at virtual reality in entertainment and what it offers both companies and consumers.