Abstract : Market value of China's Virtual Reality (VR) industry reached 16 billion yuan in 2017, up 164 percent year on year. It is estimated that the industry's market value is expected to exceed 90 billion yuan by 2020,
BEIJING -- Market value of China's Virtual Reality (VR) industry reached 16 billion yuan in 2017, up 164 percent year on year. It is estimated that the industry's market value is expected to exceed 90 billion yuan by 2020, with compound annual growth rate at 125.3 percent, Wang Peng, vice director with CCID Consulting said on August 20.
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