PwC report forecasts a 3% compounded annual growth rate for the sector's revenue to £72bn by 2021.
Both VR experiences are set to release later this year.
How virtual reality is helping conservationists in the fight to halt deforestation of the Amazon?
UK pair push the limits of VR tech by eating, sleeping, go-karting, and even getting a tattoo.
Sony boss Shawn Layden discusses platform as impressive milestone is reached.
200 Walmart Academy sites receive Oculus Rift VR headsets for customer care training.
"Infants are born with the ability to imitate what other people do," OpenAI researcher Josh Tobin said.
Former employee shares shocking allegations about VR startup in lawsuit.
Recently, ZeniMax successfully sued Facebook's Oculus and was awarded $500m in damages.
New statistics show the growing demand for the immersive world of VR adult videos.
The London-based firm will use the cash to develop its cutting edge SpatialOS virtual reality platform.
Court transcript reveals how Facebook boss plans to turn the social network into a virtual reality platform.
Facebook, Adobe, Lytro and 8i are all developing different ways to solve the 6DoF problem.
Jeff Norris will work in Apple's augmented reality glasses division with former Dolby executive Mike Rockwell.
'One of the most powerful side effects of VR is empathy,' Mark Zuckerberg wrote on Facebook.
Spaces is just one of Facebook's many well-funded moonshots which may never get off the ground.
Facebook's biggest conference of the year showcases some of its new tools and initiatives in the works.
One of the men is also the current holder of the TV binge-watching world record, at 94 hours.
Players will be able to 'probe, prod, throw and smash' some iconic items such as the Plumbus.
Starlight Virtual Reality is partnering with Star Wars: Force for Change and Google.
Incredible-looking Steam VR title oozes the pixelated charm of our retro favourites.
Microsoft has delivered on the console gaming behemoth it promised.