Research firm Telsyte has released an annual study into the emerging market segment, predicting that 115,000 VR headset units will be sold in the second half of 2016 with sales growing to over 500,000 units in 2017.
Virtual reality is becoming an increasingly popular offering as an accessory to smartphones, with Samsung and Google leading the charge, Facebook-owned Oculus Rift and HTC's Vive link up with PCs, whereas the newly released Sony PlayStation VR is aimed at the large number of console gamers.
Telsyte predicted Sony will be the most popular early option in Australia, due to the large existing number of PlayStation 4 console owners.
The PS4 is capable of utilising PlayStation VR and Telsyte estimates there are already in excess of 1 million PS4 consoles in Australian households.
Its report said that 20 per cent of PS4 users indicate a desire to buy a VR headset, and estimates 65 per cent of Australian VR hardware revenue will be generated by PlayStation VR in the second half of 2016.
While businesses are rapidly developing VR apps for various platforms, Telsyet managing director Foad Fadaghi said video gaming would be a key early driver for adoption.
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