Virtual Reality Market to 2024 – Growing Steady at 33.47% CAGR and Projected to Reach US$ 44.7 Billion

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A fresh report titled Virtual Reality Market delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 157 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. An exclusive data offered in this report is collected by research and industry experts team.

The Virtual Reality (VR) Market is expected to grow from USD 7.9 Billion in 2018 to USD 44.7 Billion by 2024, at a CAGR of 33.47% during the forecast period.

Major Vendors profiled in the Virtual Reality Market:
• Sony (Japan)
• Samsung Electronics (South Korea)
• Google (US)
• Microsoft (US)
• HTC (Taiwan)
• Oculus (US)
• Eon Reality (US)
• Vuzix (US)
• CyberGlove Systems (US)
• Leap Motion (US)
• Sensics (US)
• Sixense Enterprises (US)
• Nintendo (Japan)
• Psious (Spain)
• Mindmaze (Switzerland)
• WorldViz (US)
• Firsthand Technology (US)
• Virtuix (US)
• Survios (US)
• Merge Labs (US)
• SpaceVR (US)
• Virtually Live (Switzerland)

“Fully immersive technology to grow at highest CAGR during forecast period”
The fully immersive technology-based VR devices enable users to feel the virtual environment in a realistic way. Head-mounted displays (HMD) or virtual reality goggles offer a fully immersive virtual reality environment. The realistic and interactive real-time environment offered by these devices make them ideal for gaming and entertainment. The increased use of fully immersive technology in the HMDs will drive this technology in the VR market.

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“APAC to lead virtual reality market by 2024”
Growing consumer and commercial markets with increasing investments in countries such as Japan, India, and China would boost the growth of the VR market in APAC. The use of VR has increased in commercial and consumer markets in APAC owing to the easy availability of VR technology in the region. The low-priced VR headsets are easily available in APAC countries, which would, in turn, help the market in APAC grow at a high pace.

Study Objectives:
• To analyze opportunities in the market for stakeholders by identifying high-growth segments in the VR market

• To describe and forecast the virtual reality (VR) market, in terms of value, by offering, device type, technology, and application

• To describe and forecast the VR market, in terms of volume, by device type

• To describe and forecast the market, in terms of value, by region—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)

• To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and challenges)

• To study the complete value chain of VR

• To strategically analyze micromarkets with regard to individual growth trends, prospects, and contributions to the total market

• To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing competitive landscape for market leaders

• To analyze strategic approaches such as product launches, acquisitions, contracts, agreements, and partnerships in the VR market

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Competitive Landscape of Virtual Reality Market:
1 Introduction
2 Competitive Scenario
2.1 Product Launches & Developments
2.2 Partnerships
2.3 Agreements, Collaborations, and Capital Funding
2.4 Acquisitions and Expansions
3 Virtual Reality Market, Competitive Leadership Mapping
3.1 Visionary Leaders
3.2 Dynamic Differtiators
3.3 Innovators
3.4 Emerging Companies

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This release was published on openPR.