I don’t particularly take survey or prediction stories all the time, but I trust the guys at PwC – and their stats this time are very interesting.

PwC’s annual Entertainment & Media Outlook forecasts the UK VR industry to grow to a value of £801m by 2021, at a rate of 76% year on year. This makes it the fastest growing and largest VR industry across Europe, the Middle East & Africa.

Here’s a great lowdown:

  • The number of VR headsets in use in the UK will pass 16 million by 2021
  • 12m of these headsets are predicted to be portable mobile VR devices
  • 3m dedicated home VR headsets
  • 1m portable dedicated headsets (a new category of self-contained device with superior capabilities to smartphone-based devices)

Phil Stokes commented: “We forecast the number of virtual reality headsets in use in the UK will pass 16 million by 2021. Around 12 million of these headsets will be portable mobile VR devices that use a smartphone at their core as these are more affordable for consumers and benefit hugely from the fast evolution and replacement rate of smartphones.

“Dedicated home VR headsets – the higher end devices used for gaming and video – will account for three million consumer headsets, with portable dedicated headsets – a new category of self-contained device that are easier to use and have superior capabilities to smartphone-based devices – forecast to account for one million.”

Overall, very positive – and knowing one or two members, I will trust their statistics. Let’s see what happens next.

Tom Ffiske

Leave a Reply