Despite a growing pool of competitors in the space, Samsung should be sitting pretty for the remainder of 2017.
That’s the new prediction published Tuesday by IHS.
“Competition in the high-end smartphone virtual reality market is heating up in 2017 with Google’s Daydream platform emerging to offer an alternative to the established market leader, Samsung’s Gear VR,” says the team at IHS Markit. But that doesn’t mean Samsung should be sweating just yet.
Daydream View headset sales are forecast to jump from 120,000 in 2016 to 2.23 million in 2017 and will enjoy growing industry support from third-party smartphone vendors in the second half of 2017. While this growth is impressive, IHS Markit forecasts that Samsung’s Gear VR will remain the market leader in the high-end smartphone VR sector in 2017 with sales of 4.1 million.
According to this morning’s announcement, Samsung wrapped up 2016 as the VR platform market leader due to its early mover advantage, high-quality VR experience and aggressive go-to-market strategy for Gear VR.
To learn more about the state of the VR market and the health of its key players, click here.