Analysis, Augmented Reality (AR), Business, Entertainment, , Google, HTC, News, Samsung, Sony, Virtual Reality (VR), VR World, Wearables

IDC: AR/VR Market Rising more than 100%

Worldwide revenues for the augmented reality and virtual reality (AR/VR) market are forecast to increase by 100% or more over each of the next four years, according to the latest update to the Worldwide Semiannual Augmented and Virtual Reality Spending Guide from the International Data Corporation (IDC).  Their forecast calls for the combined AR and VR headset market to reach 13.7 million units by the end of the year, and 81.2 million by 2021 with a compound growth rate of 56.1 percent. The majority of the market will belong to VR, which will account for nine out of 10 headsets until 2019, but AR will pick up

Read More...

Breaking, Gaming, News

King Activision Blizzard is World’s Ninth Country

Activision Blizzard completed the acquisition of King Digital Entertainment PLC, a game developer mostly known for a viral game hit Candy Crush Saga. The deal is worth $5.9 billion, and the bean counters at Activision Blizzard stated that they expect cumulative effect of $6.25 billion in annual revenue, and approximately $2 billion in operating income. Given that the company achieved $4.65 billion in revenue and $892 million in post-tax profit, this acquisition could pay off in a few years. Overall, the company is hoping to break into the $25+ billion market cap, which should not be too difficult. What makes this deal important is the fact that the number of

Read More...