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March 20th, 2018

9 Facts You Didn’t Know About Virtual Reality (VR)

Mark Metry Founder VU Dream

Mark Metry, Founder of VU Dream

2018 so far has been an extremely formidable year for the virtual reality industry.

CES 2018 held the most virtual and augmented reality hardware products on display in history.

VR headsets are being sold at record numbers, thanks to price drops and more immersive experiences.

Check out our lineup of the facts and figures that you don’t know on the current state of VR.

Originally published on Veer.Tv

1. The First VR Headset came out in the 1960’s

Coined as the “Telesphere Mask” by inventor Morton Heilig. This device features stereoscopic (3-D) TV, wide vision, and true stereo sound.

Telesphere Mask

2. According to Markets and Markets, the VR market was valued at $5.1 billion in 2017. Industry’s growth is fueled by

3. VR isn’t all about Games and Entertainment

Virtual reality is being used in the healthcare field to treat depression, anxiety, autism, PTSD and even nicotine addiction with Mindcotine.

Mindcotine VR

4. Jaron Lanier created a virtual reality device in the 1980’s (EyePhone 1/HRX) and costed up to $49,000 for the goggles and gloves.

5. Virtual I/O created a $1000 pair of virtual reality glasses called “iGlasses” in 1995.

6. Startup Varjo is Creating a Bionic display lets you see VR as clearly as you see the real world because it works just like the human eye does.

Varjo Bionic Display

7. PSVR headset was developed from Sony engineers tinkering in a Lab building quietly without any executive direction.


8. VR Headsets models are moving from computer and phone powered to standalone(no other device needed to jump in VR).


9. Virtual Reality is expected to reach $34 billion by 2023 according to Markets and Markets and a combined total of $94 Billion including augmented reality by 2023.

Did you know any of these virtual reality facts? 

#7 was personally the most fascinating to me. It’s surprising to see a billion dollar corporation like Sony not have a game plan for VR, let alone a few individual engineers.


Check back on this page frequently for updates and additions.

We’ve seen a tremendous amount of disruptive change coming from the Virtual and Augmented Reality Industry. These few years are the first steps towards a prosperous future. It is surely certain that this kind of content will accelerate based on future trends.

For more information on virtual reality (VR) and augmented reality (AR) stay right here at VU Dream for all the latest details.

You most likely have some ideas that can change the world! Share them with us on Social Media!

Thank you for Reading

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