Virtual Reality May Create Novel IP Issues In The Real World

Law360, New York (March 28, 2016, 10:10 AM EDT) -- Our world is going virtual. Major industry players such as Microsoft Corp., Sony Corp., Facebook Inc. and Samsung Electronics Co. Ltd. are investing heavily in the future of virtual reality, so it is no wonder that projections estimate that the number of augmented and virtual reality devices sold will rise from 2.5 million this year to 24 million in 2018.[1] By that time, analysts predict that the VR hardware market will be worth $2.3 billion and the VR software market will be worth $4.7 billion.[2] Consumers are already being offered a number of options separated by power, price and functionality, from...

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