Virtual Reality has Strong Interest from U.S. Businesses

The findings show that the verticals with the most VR activity or interest, are healthcare, retail, automotive/transportation, and consumer packaged goods. Training, testing, and marketing are all early target functions for VR along with vertical specific applications like treatments/therapies for anxiety conditions in medicine or virtual showrooms in retail.

The findings show that the verticals with the most VR activity or interest, are healthcare, retail, automotive/transportation, and consumer packaged goods. Training, testing, and marketing are all early target functions for VR along with vertical specific applications like treatments/therapies for anxiety conditions in medicine or virtual showrooms in retail.

Sam Rosen, Managing Director and VP at ABI Research, concluded "For any application that benefits from deeply immersive experiences, VR is often a natural fit.  We're starting to see some early experimentation where VR will expand its horizons. The combination of a VR headset with a camera pass-through for merged reality experience in particular, will open it up to a much wider range of applications. We still expect the consumer segment of the VR market to hold the largest revenue share over the next five years, but eventually we anticipate the B2B opportunity will overtake the consumer space, especially if VR and related technologies do become the next compute platform."

These findings are from ABI Research's Industry Survey: Transformative Technology Adoption and Attitudes - Virtual Reality report. This report is part of the company's Video, VR & OTT research service, which includes research, data, and analyst insights.

About ABI Research

ABI Research stands at the forefront of technology market research, providing business leaders with comprehensive research and consulting services to help them implement informed, transformative technology decisions. Founded more than 25 years ago, the company's global team of senior and long-tenured analysts delivers deep market data forecasts, analyses, and teardown services. ABI Research is an industry pioneer, proactively uncovering ground-breaking business cycles and publishing research 18 to 36 months in advance of other organizations. For more information, visit www.abiresearch.com.

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