Global Virtual Reality and Augmented Reality Market Research Report; Latest Trends, Size, Share & Industry Analysis until 2025

AnalystView Market Insights always aims at offering an in-depth and comprehensive analysis on different industry domains. This newly published market research report on the global virtual reality and augmented reality market is a significant part of AnalystView Market Insights’ machinery portfolio and represents detailed insights into this market space.

The global virtual reality and augmented reality market is expected to grow at growth rate of 41.9% to reach USD 112.6 billion by 2025.This comprehensive study reveals the market estimate numbers for different market segments. Along with that, the study covers qualitative insights, strategic benchmarking and thorough competitive landscaping in the report spreading over 150 pages.

Virtual reality is artificial surrounding technique, created with software program. It is supplied to the end-user in a manner that the person accepts it as real surroundings. Unlike virtual reality that creates a complete virtual environment around, augmented reality put together virtual objects into existing real surroundings. Wherein mixed reality combines best of both augmented and virtual reality. The VR and AR industry is on a growth trajectory owing to the technology breakthroughs coupled with new product introductions.

Key players are investing actively in research and development activities to introduce standalone headsets which are mainly used for audio/video, social media, and Internet services. For example, Facebook and Google are now investing in developing standalone VR products; whereas, HTC has also launched HTC Vive Focus, a new standalone device. These types of competition and innovation in product features would in turn increase the utilization of products, augmenting the industry growth. However, as per the various research studies, there is an insufficient virtual reality game content available commercially, which can be the major obstacle for the industry development.

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Key Takeaways:

1. In terms of components, the market is categorized as software and hardware. In 2017, the market is dominated by software segment and is projected to continue its dominance over the forecast period.
2. Based on applications, automotive and healthcare captured significant revenue share in 2017, anticipated to grow with promising CAGR over the forecast period
3. Regionally, North America accounted for the highest revenue share owing to the growing consumer demand coupled with technology advancements
4. Furthermore, the popularity of AR/VR in Asia Pacific region has soared in recent time with the introduction of commercial headsets like Sony Entertainment’s PlayStation VR and Oculus Rift
5. Competition among theme park owners is heating up in this region as preferences of consumer is shifting toward spending on experiences rather than products. The steady influx of tourists from developed regions is further acting as a tailwind.
6. Some of the key players operating in this industry are Google, Microsoft, Samsung Electronics, Sony, Blippar.Com Ltd., Augmented Reality Inc., and Daqri.

Browse full research highlight with in-depth ToC on “Virtual Reality and Augmented Reality Market, By Component (Software and Hardware), By Application (Healthcare, Gaming, Energy, Automotive, and Enterprise) and Geography (NA, EU, APAC, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2014 – 2025” at
https://www.analystviewmarketinsights.com/report-highlight-virtual-reality-and-augmented-reality-market/

The scope of this report covers the market by its major segments, as follows:

MARKET, BY COMPONENT
Software
Hardware

MARKET, BY APPLICATION
Healthcare
Gaming
Energy
Automotive
Enterprise
Others

MARKET, BY REGION
North America
- U.S.
- Canada
Europe
- Germany
- France
- Rest of Europe
Asia Pacific
- India
- China
- Rest of APAC
Rest of the World
- Middle East and Africa
- Latin America

Key players profiled in this report with special attention on competitive landscape includes, (can be further customized to include additional 10 profiles):
- Google
- Microsoft
-Samsung Electronics
- Sony
- Blippar.Com Ltd.
- Augmented Reality, Inc.
- Daqri

Key Question Answered:
1. What are the key market trends, drivers, barriers, opportunities and recommendations?
2. What will the market size be from 2014 to 2025 and expected growth rate?
3. What is the revenue share of virtual reality and augmented reality market, by component, by application and by different geographies?
4. Who are the largest revenue contributor as well as fastest growing category for respective industry segments?
5. Who are the key vendors in global virtual reality and augmented reality market space?
6. What are the strategies adopted by key vendors to expand their market presence?
7. What is the revenue share of key players operating in this market (2017)?

Please note that preparing of customized report catering to a particular region or country is also possible within quicker timeframe as we follow bottom-up research methodology

Value Proposition:
1. We are committed to provide valuable insights to our clients in order to help them take strategic decisions and in turn influencing revenue growth.
2. The proposed study answers several important questions for stakeholders, primarily which industry segments to focus on in the next three to five years for prioritizing investments
3. The proposed report presents a macro and micro-level outlook regarding the industry. Thus, it becomes easy for our clients to perceive the business landscape and take a glimpse of their own standing in it.
4. A thorough analysis of relevant statistical data to estimate the market paradigms
5. Exceptional understanding of the region and country-specific markets. The report will answer some of the toughest questions regarding the market shares, sizes, forecasts segmentations, and growth specific to the countries.
6. Well-designed strategic framework analyzes the market movements including regional expansion, mergers & acquisitions, and new product developments

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