LINE

    Text:AAAPrint
    Economy

    VR revenue expected to triple in China this year

    1
    2016-05-13 09:06China Daily Editor: Xu Shanshan
    A visitor plays VR games at the three-day Consumer Electronics Show Asia 2016 in Shanghai, which ends on Friday. The event showcases the latest VR products including headsets, glasses and accompanying content displayers.(Photo provided to China Daily)

    A visitor plays VR games at the three-day Consumer Electronics Show Asia 2016 in Shanghai, which ends on Friday. The event showcases the latest VR products including headsets, glasses and accompanying content displayers.(Photo provided to China Daily)

    Revenue from virtual-reality-related products and services is expected to more than triple in China this year compared with last year, but experts insist the burgeoning sector is still in need of significant improvement in terms of user experience and content production.

    According to a new research jointly released by the China Electronics Standardization Institute and Xinhua News Agency, an expanding community of companies, both large and small, are working flat-out to make VR more of a part of our everyday lives.

    It said the Chinese VR market was worth 1.54 billion yuan ($236 million) in 2015, and is expected to rise to more than 5 billion yuan this year.

    A dozen of the country's leading VR firms have gathered this week at the Consumer Electronics Show Asia 2016 in Shanghai, which ends on Friday, to showcase the latest VR products including headsets, glasses and accompanying content displayers.

    "Most VR products now focus on entertainment systems, which offer video game players vivid images and feelings that enhance their entertainment experiences," said Jiang Li, a sales manager with Beijing-based VR hardware and software provider Pico Inc.

    The other good news for consumers, is that companies at the event said average VR product prices have been falling, as technologies mature and more players enter the fray, making competition fiercer.

    Lin Jinfu, a VR product trader with Xiamen-based Shimao Game and Entertainment Ltd, told China Daily, for instance, that glasses that help users watch VR content displayed on their own smartphones or televisions cost less than 300 yuan, while headsets with integrated displayers and audio systems cost no more than 4,000 yuan, which are both around 30 percent lower than last year.

    Visitors to the show complained, however, they were having to queue for up to half an hour for VR demonstrations lasting just two minutes, and many said they had expected a better variety of contents on show.

    Wang Zhihao, a 21-year-old student, said he experienced five trials at three different exhibitors, and almost all were about games science.

    "It is not really the virtual reality that I had expected, because these are not the kinds of images I am waiting to experience.

    "I was hoping for something different, such as a tour of an exotic destination or something that is hard to find in reality.

    "These kinds of shows have to try harder to offer something different," said Wang.

    Alfred Zhou, general manager of GfK China, a market research and consultancy services provider, agreed VR product providers need to improve their user experiences by adding more technologies to both software and hardware, and the current level of "tech value" remains lower than consumer expectation.

    "It is estimated 1.5 million hardware sets will be sold in China in 2016, so we really need to pay attention to what they offer and how they are likely to be used," said Zhou. "Software and hardware developers should expand, not only in how they serve consumers, but also how they market and brand certain products.

    "Customer service will become an important pillar of the VR market growth."

      

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 贵州省| 中超| 民勤县| 仁化县| 恩平市| 抚州市| 景泰县| 林口县| 鲁甸县| 宁德市| 株洲县| 越西县| 赤水市| 白银市| 新晃| 图木舒克市| 百色市| 宜兴市| 繁昌县| 博野县| 五寨县| 宕昌县| 宣汉县| 郴州市| 东宁县| 赤峰市| 布拖县| 临汾市| 曲松县| 集贤县| 顺义区| 平江县| 昔阳县| 台中市| 定远县| 武隆县| 曲水县| 阿尔山市| 丰台区| 科技| 杭州市|