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It has been a fascinating year for VR and what is becoming known as the wider “mixed reality” ecosystem. We continue to make good progress in hardware, peripherals such as controllers and cameras, and, most importantly, content.


  • This year’s forecast is lower than last year’s, largely due to a drop in the number of portable mobile VR headsets expected to be in consumers’ hands.
  • Getting consumers to directly pay for media in this new space will bring only modest global revenues through the forecast period.

Features and Benefits

  • Provides detailed background to Ovum's revenue forecast.
  • Analyzes how the consumer VR market is evolving.

Key questions answered

  • How much will the consumer VR content market be worth in 2021?
  • What form factors, regions, and content types will generate revenues over the next five years?
  • What has changed qualitatively and in the numbers in the past 12 months?

Table of contents


  • In brief
  • Ovum view
  • Recommendations

Market status

  • VR not the gold mine some misguided content owners expected

Market dynamics

  • Headset installed base remains key
  • Other markets are driving short-term content creation

Market outlook

  • VR content revenue forecast 2015–21
  • What has changed in 12 months?


  • Methodology
  • Further reading
  • Author

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