extSmart Glasses May Replace Smartphones

Jessica Lipsky

SAN FRANCISCO – While still at the stage of prototypes and developer kits, the nascent market for virtual and augmented reality headsets will explode by 2018, according to a panel of proponents at the Game Developers Conference here.

“In the long run, we think virtual reality will have hundreds of millions of users and end up eating into the mobile market,” said Tim Merel, founder and chief executive at Eyetouch Reality and Digi-Capital, an investment baking firm for VR and AR.

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