How Does Virtual Reality Enhance Live Events?

The video discusses the evolution and application of stereoscopic compression technology in virtual reality (VR), particularly for live events. It highlights the hardware needed for VR experiences, such as Samsung Gear VR and Oculus Rift, and the growing investment in VR and augmented reality (AR) startups. The video also compares the VR market's reception in the US and Asia, noting Asia's mobile-first approach and large potential audience. Finally, it anticipates the impact of upcoming VR platforms like Sony PlayStation VR and Google Daydream on the market.

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