Global virtual reality industry to hit $7.2 billion in revenues by 2017

New users are turning to Location Based Entertainment Centers to experience VR inexpensively, says the latest Greenlight Insights Report.

Anticipating modest growth in the short term, Greenlight Insights expects the VR industry to grow into a major global marketplace by 2021, reaching $74.8 billion in global revenues, driven in part by the increased spending in several enterprise sectors and in location-based entertainment (LBE) industry.

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