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Research firm IDC has released its forecasts for augmented and virtual reality revenues, predicting a truly astonishing growth of 181 percent annually, a rate that, it says, will take global revenues from $5.2 billion in 2016 to $162 billion in 2020. “With powerful smartphones powering inexpensive VR headsets, the consumer market is primed for new paid and user-generated content-driven experiences,” IDC says. |
