Goldman Sachs Predicts Virtual Reality Industry to Reach $80 Billion by 2025

The Associated Press
The Associated Press

Leading investment bank Goldman Sachs has declared virtual reality and augmented reality technology as the future of the industry and the “next generation computing platform” in a video released by the company.

The video features Goldman Sachs’ media and technology leader Heather Bellini stating the company’s prediction that the market will reach $80 billion by 2025.

The Oculus Rift VR headset received nearly $2,500,000 in 2012 on their Kickstarter campaign leading the modern virtual reality revolution. Sony, Microsoft, Samsung, HTC, and Google have followed with their own devices since, even expanding into mobile phones, and new varieties are coming out by the week.

Charlie Nash is a libertarian writer, memeologist, and child prodigy. When he is not writing, he can usually be found chilling at the Korova Milk Bar, mingling with the infamous. You can follow him on Twitter at @MrNashington.


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