Headsets: Get Ready for a Boom in VR and AR

The market for virtual reality and augmented reality headsets will boom in the coming years, according to new projections.

IDC on Monday said world-wide headset shipments will grow to nearly 70 million in 2022 from under 10 million last year, representing a compounded annual growth rate above 52%.

• Slightly more of the market will be in virtual, rather than augmented, reality headsets by then, IDC suggested, projecting about 62% market share for the former. (The difference, in rough shorthand: Virtual reality creates an entirely digital world, while augmented reality puts digital stuff on the real world. Here’s more on this from Barron’s Next.)

Devices including Facebook’s (FB) Oculus Go, HTC’s Vive Pro, and Lenovo’s Mirage Solo are expected to help drive demand this year, IDC said.

• “There has been a maturation of content and delivery as top-tier content providers enter the AR and VR space,” IDC analyst Jitesh Ubrani said in a…

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