An Analysis of the Future of Domestic VR Industry

Although the public’s enthusiasm for VR technology has been reduced this year, but in fact our country’s VR industry continues to grow and expand, what is the outlook for China’s VR market?

Authoritative organizations analyze China's VR industry and it is expected that by the early 1920s, China will become the world's largest VR market, with total VR industry assets reaching nearly 80 billion yuan, of which VR headsets will still occupy the largest market share. Various subdivided areas will also be developed. The main products are mobile phone boxes, game applications and VR-one machines. Consumer-grade content will soon reach approximately RMB 30 billion, and VR game content will reach RMB 10 billion.

On the whole, the application of VR in the game field is still the focus in the future, including VR game devices and VR game content. VR games will be profitable and hot in the next few years. At the same time, the development of VR games will not be driven. Less progress in derivative fields will play an important role in the overall development of the VR industry.

It is worth mentioning that most of China's VR equipment and content do not have an advantage at the technical level, so the research and innovation of technology is a key task. However, in China, not all VR technologies are backward. In fact, China has taken the lead in the development of VR all-in-one machines and may become a breakthrough point in China's VR industry. The so-called VR all-in-one machine is a VR headset with its own processor. It does not need other devices to provide auxiliary functions when used. Although it is not as powerful as an external VR device in function, it is free from the shackles of the cable and is more constrained by space and platform. Small, users can get a higher degree of freedom, easy to use to get consumers.

The author believes that at this stage China's VR industry market growth rate is rapid, indicating that China has the potential to become the world's largest VR market. However, if we want to realize the rapid development of China's VR industry, the key lies in that enterprises need to understand the needs of consumers and implement product research and development work in order to launch VR products with international competitiveness.

The author of this article is a bright morning for the editors of science and technology Rubik's Cube; he is concerned about future technology and tmt industry. Author WeChat: Turchen, welcome to communicate.

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