This Wall Street Firm Says Virtual Reality Is Like Smartphones Nine Years Ago

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March 3, 2016 at 3:09 pm #1360

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Deutsche Bank AG analysts led by Ross Sandler draw a parallel to early sales of smartphones by companies including Apple Inc.

“We think the VR [virtual reality] ecosystem is in its ‘2007-smartphone’ moment in terms of the adoption cycle,” the analysts write in a 68-page note published on Thursday. “It took four to five years for smartphones to reach 100 million users in the U.S., we expect a slower adoption curve for VR, but still strong enough for an enormous market.”

http://www.bloomberg.com/news/articles/2016-03-03/this-wall-street-firm-says-virtual-reality-is-like-smartphones-nine-years-ago
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