If this develops as i imagine, eventually you'll need it more than you need your mobile, there will be the real world and the virtual world existing alongside each other like a parallel reality, people will own virtual spaces in and around their property, so imagine walking through town and seeing virtual stuff everywhere outside shops and businesses.
There will be worlds and spaces, theres the main world reality which is like the common internet with limited space to own but everyone can view and interact, then there will be the open or private spaces which only you or those you allow can view, in your home you may have a virtual setup thats yours alone or just for family and friends, gaming will be a big thing, imagine a something like paint ball but with virtual guns and enemys, that could be played anywhere, this tech has a lot of potential.