IDC: Virtual Reality Market to Shift Away From Smartphones While Augmented Reality Grows

IDC: Virtual Reality Market to Shift Away From Smartphones While Augmented Reality Grows

For the most part, it's been a good year for virtual reality (VR) and augmented reality (AR). The VR market shipped over 1 million VR headsets in the third quarter, a major new milestone for the nascent technology, driven by a series of price cuts throughout the year that has bolstered adoption. The tech giants are also all investing heavily in AR, releasing a slew of tools this year for developers to innovate with.

Within those markets, market researcher IDC expects some important changes to occur in the years ahead in terms of product subcategories. Here's what investors need to know.

Fewer people will be strapping phones to their faces in the future. Image source: Oculus VR.

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Source: Fool.com