I. Introduction
Video streaming is currently a dominant force in Internet traffic growth. Recent advancements in networking and multimedia technologies are bringing increased attention to Virtual Reality (VR), specifically 360-degree immersive video streaming. As an integral part of eXtended Reality (XR) services, VR is considered a key technology in this field. Reports predicted that VR-associated traffic would increase 12-fold by 2022, and the number of VR headsets (a.k. a., Head-mounted Displays or HMDs) in use is expected to reach 34 million by 2024. The potential economic impact of VR is significant, with projections of a 1.5 trillion boost to the global economy by 2030.
Cisco VNI - forecast and trends, 2017–2022: Cisco, 2018
VR headset unit sales worldwide from 2019 to 2024: Thomas Alsop, 2022
Seeing is believing: PWC tech report, 2019