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virtual reality market is expected to grow at a CAGR of 51.9% from 2017 to 2025 - Global Market Research Report with Company Profiles

04-19-2017 06:02 PM CET | IT, New Media & Software

Press release from: ProgressiveMKT

VR

VR

Virtual reality is the creation of computer generated simulated virtual environment to provide real-life sensory experience to the person. It creates a highly immersive, visual, and three-dimensional environment, in which an individual is able to manipulate virtual objects and perform a series of tasks. The environment is either of real or simulated world, in which an individual is able to feel and interact with the objects and characters.

Virtual treatment has certain advantages over conventional methods of treatment, for example virtual treatment often eliminates the use of drugs and complex invasive surgical procedures for treatment, thus saving the cost and time.

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The global virtual reality market is expected to grow at a CAGR of 51.9% from 2017 to 2025.

Market Dynamics:

Drivers:
• Continuous advancements in graphic gaming. (vr headset Market)
• Heavy investment by the players in the market.
• Advancement in the field of information technology.

Restraints:
• Market is still in commercialization stage.
• Inaccessibility to virtual reality technology in developing economies.

Market Players:
The top players in the global virtual reality market include Samsung Electronics Co., Ltd., HTC Corporation, Oculus VR, LLC, Google Inc., Sony Corporation, CyberGlove Systems Inc., EON Reality Inc., Microsoft Corporation, Vuzix Corporation, and Sensics, Inc.

By Technology (virtual reality devices Market)
• Non-Immersive
• Semi Immersive
• Fully Immersive

By Component (virtual reality goggles Market)
• Software
• Hardware

By Application (virtual reality glasses Market)
• Smartphone
• PC
• Console
• Others

By Geography

• North America

o U.S.
o Canada
o Mexico

• Europe

o UK
o Germany
o France
o Rest of Europe

• Asia-Pacific

o China
o India
o Japan
o Taiwan
o South Korea
o Rest of Asia-Pacific

• LAMEA

o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA

Customized Report: https://www.progressivemarkets.com/request-customization/virtual-reality-market

Table of Content Contain

1. Executive summary

1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis

2. Introduction

2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology

3. Market landscape

3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Virtual Reality Market Shares Analysis, 2014-2025

Continued…

List of Tables
Contain 41 Tables

List of Figures
Contain 45 Figures

Discount on Full Report: https://www.progressivemarkets.com/get-discount/virtual-reality-market

About Us
Progressive Markets is the answer to every possible business query. It is a market research and business consulting firm, headquartered in U.S. that aims to deliver conversant executive support to foster overall growth of an organization in its domain.

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