Oculus-Rift-5The Oculus Rift virtual reality headset is expected to see a commercial release in 2016. Based on the current landscape, it certainly looks like virtual reality is set to be the next big thing, and the analysts over at Credit Suisse have recently offered their estimates and have stated that they expect the company to sell as many as 5 million units in 2016.

According to the analysts, they are basing this on the $350 price estimate of the Oculus Rift headset. They write, “We expect Facebook to price the headsets at cost in an attempt to drive initial consumer adoption – with the expectation that the company plans to monetize the devices overtime via associated software revenue.”

It should be noted that as it stands, the Oculus Rift still does not have an official price. Last we heard, the headset will be priced no lower than $350, meaning that it could be priced at $350, $500, $1,000, or more. We had also heard estimates offered by the company that the headset all-in would cost $1,500.

What this means is that the $1,500 price includes the headset along with brand new computer hardware that would be required to run it. We expect that price will be a huge factor in customers deciding if this is something they want to invest in, but 5 million units is also a very impressive figure for a relatively new piece of technology, but what say you?

Filed in Gadgets. Read more about Facebook, oculus, Oculus Rift, Social Hit, Virtual Reality (VR) and Wearable Tech.

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