Virtual Reality Is Not Just For Entertainment Anymore

HTC, Oculus, and Playstation will all be releasing headsets this year in the race to conquer this emerging market; a market that Goldman Sachs predicts will be bigger than TV in the next 10 years, generating $125 billion in revenues by 2025.

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You may have heard of virtual reality (VR) in terms of media and gaming. The term became mainstream in 2014 when Facebook acquired the VR headset company Oculus Rift for $2 billion. Media trade publication Variety wrote soon after that every major studio was experimenting with the technology. “The new medium could spawn its own version…

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