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Virtual reality companies navigate ‘The Trough of Disillusionment’

Twelve months ago the Virtual Reality World Congress in Bristol, England, was a sell-out show, with over 750 attendees gawping over the latest VR hardware and production techniques.

This year’s event, which took place last week, attracted even more participants — more than 1,200 over three days — but the mood felt decidedly less upbeat. Virtual reality, it seems, has been mugged by reality. Sales of VR hardware have fallen 40 percent behind forecasts, CCS Insight, a technology research group, said in a February report.

Source: information-management.com
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