Japan’s rosy VR sector

Source: Xinhua | 2017-05-23

JAPAN surpassed China as the world’s second-biggest virtual reality market in the first quarter as sales of VR devices and contents boomed, research firm Canalys said yesterday. 

The United States took up 40 percent of the global market in the quarter as the largest VR market by volumes. Japan’s share was 14 percent, and China’s was 11 percent. In China, consumers are unwilling to pay for high cost of VR devices and related VR contents.