Virtual reality (VR) will be the most important industry trend in 2016 and 2016 will be the first year for industrialization of VR sector, said a report predicting development of science and technology, media and telecommunication fields released by Deloitte.
In 10 to 15 years, VR industry's aggregate output is likely to exceed one trillion yuan and opportunities to invest in hardware, entertainment content and cross-industry services will keep propping up, hold institutions. VR technology, born as early as in 1963, is now ready for industrialization and will approach consumers in form of head-mounted displays in next stage.
Factually, high-tech firms around the world are competing to rush into VR industry. On a recent global gadget exhibition, many tech giants' VR products made their debut. Meanwhile, Chinese Internet firm Alibaba has also made investment in the VR industry and others including Xiaomi and Qihoo 360 Technology (QIHU.NYSE) released their VR products or services.
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