Live events is identified as the third largest potential growth market for VR in Canada by PulseVR.ca
The Potential ROI in the VR market is high. See what the market analysts saying!
“Based on application, the augmented reality and virtual reality market comprises education & training, video games, media, tourism, and social media. Video games segment is at present in the charge, and it is going to retain its position with around USD 217.26 billion market worth by 2025. However, it is the education and training sector that is touted to rise by 76.4% CAGR during the forecast period.” (Marketwatch, March, 2019)
“The augmented and virtual reality (AR/VR) market amounted to a forecast 16.8 billion U.S. dollars in 2019 and is expected to expand drastically in the coming years, with forecasts for 2023 eclipsing 160 billion U.S. dollars.” (Statista.com, June 2019)