HTC is poised to capture the growing VR enterprise market

of its consumer-oriented headsets in Q3 2018 than HTC, and if it's able to translate the same success to its enterprise lineup, it could be a threat to HTCHTC's new business-focused VR headsets will help it better capture a large slice of the rapidly growing VR enterprise market.

Global enterprise VR hardware and software revenue is primed for rapid growth. Business Insider Intelligencethat worldwide enterprise VR hardware and software revenue will jump 587% to $5.5 billion in 2023, up from an estimated $800 million in 2018. HTC is poised to be a major driver of this growth because its Vive Focus Plus headset addresses many of the

to enterprise adoption: Its setup process is seamless, it boasts over 250 business-tailored apps, and it improves upon the functionality of its existing headsets.1. Sign up for the Apps and Platforms Briefing to get it delivered to your inbox 4x a week. >>pass to Business Insider Intelligence and gain immediate access to the Apps and Platforms Briefing, plus more than 250 other expertly researched reports.

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