NewsReport: 85% of Developers Have VR Projects or Will Soon

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Yeti LLC, a design and development studio, has published a new report titled “The State of Virtual Reality – 2016.” It found that 85 percent of product developers surveyed said that they are either already working on virtual reality (VR) projects or will do so within the next two years. In addition, a majority of those surveyed said that their company already has at least one developer on staff with VR development skills.

When asked which industries VR would accelerate within the next two years, 84 percent said entertainment, 74 percent education, 63 percent media, 60 percent healthcare, 56 percent high tech, 54 percent travel, 52 percent arts and 51 percent real estate.

A separate report from IDC predicts that annual VR and augmented reality (AR) revenues could reach $162 billion by 2020.

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