size reaching over $7 billion by 2025. It says excellent video content will be key to promoting the prosperity of the VR market.
Sumavision’s Wang said he hoped that Chinese families could watch entertainment programs and sports events through VR live video technologies in future, and believed the cooperation with VideoStitch will bring about new business opportunities for both parties.
“The broadcasting and television industry needs valueservices, such as VR live video, which is a new field that has not been fully developed. However, there is a huge potential for growth,” said telecom expert Fu Liang.
A woman plays a VR game provided by the VR device supplier HTC Vive at a mobile internet expo in Beijing.