The year's drawing to a close, but VR is just getting started.

Over the next five years, there will be serious leaps of improvement within the VR space. Every month we're catching glimpses of an incredible future with VR at the helm of gaming, medicine, science and business, and December was no different. Here's your news roundup for December 2016:

HTC Vive head predicts VR future



On December 15, Alvin Wang Graylin laid out his predictions for the next two years regarding virtual reality and specifically the HTC Vive at the Unity Vision Summit in Asia. His 2017 predictions included  "someone will spend 30 straight days inside virtual reality", mobile VR sales exceeding 50 million units and education driving VR growth.

But it was his 2018 predictions that really hit home for us, when he announced that "real estate developers would be selling VR-ready apartments". Well, seen as Beyond Reality is helping real estate developers do exactly that, it seems the future has come early for the VR industry.

His other 2018 predictions included a full-length feature film being created and shown exclusively in VR, employers offering work-from-home options via VR, social virtual reality companions for the lonely and celebrity life streaming become a hot new trend.

$100 discount on HTC Vive for the holidays

Currently at the HTC Vive online store, you an purchase a Vive for a sweet discount of $100. For the record, that is the HTC Vive's biggest discount to date.

Oculus splits into two divisions

On December 13, Brendan Iribe, co-founder of Oculus, announced that the Oculus team had been split into two departments: the PC-based Oculus team, which he'd be heading, and a mobile-based Oculus team. Regarding his new role, he states:

via Flickr (Marizio Pesce)

via Flickr (Marizio Pesce)

I’m thrilled to be on the front lines of creating the next leap forward in VR. We’ll continue investing deeply in research and development in computer vision, displays, optics, graphics, audio, input, and more to create the breakthroughs that will unlock new form factors and experiences. We’re going to move faster at solving the grand challenges of virtual reality.
— Brendan Iribe

Aerix launches tiny VR-supported drone

Retailing at less than $100, Aerix's Vidius HD drone allows users to channel the drone's camera in VR and comes complete with a set of "VR Goggles" so users can feel fully immersed in the experience.