Japan Virtual Reality Market Trends, Growth, Industry Analysis, Size, Share and Forecast 2025

Japan virtual reality market is growing at a CAGR of around 33.9% during the forecast period. Japan is one of the countries having well-developed information and communication technology (ICT) infrastructure. Its economic development has always regarded as a model for many technologically fewer progressive countries, the ones which have not yet mastered advanced technology to organizational forms.

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Top Key Players - Apple Inc., HTC Corp., Microsoft Corp., Nvidia Corp., Samsung Electronics Co. Ltd., Sony Corp., Vuzix Corp., Zeiss international

In addition, the increasing developments of the VR Parks is also a key factor driving the Japan virtual reality market. For instance, VR park in Japan, a gaming center established in Tokyo, covers an entire floor of a building in the youth culture capital of Shibuya. The person can play all the games in the VR Park for 80 minutes after paying an entrance fee. Some of the VR attractions offered by the theme park are Salomon's Carpet VR, Icaros, T3R Simulator, Jungle Bungee VR, Circle of Saviors 2018, Mu VR, Welcome to Panic Mansion VR, and Kaiji VR. Moreover, the country has launched a VR Park Tokyo Satellite in Sapporo. Some of the VR attractions offered under the VR Park satellite are VR Rafting, Flying Witch Broom, VR Trolley Coaster, and Jungle Horror.

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Further, Dragon Quest VR at the VR Zone in Shinjuku allow players to immerse themselves in one of the most famous Japanese role-playing games (JRPG), the virtual reality (VR) experience allows up to four visitors to team up and play which fuels the growth of the Japan virtual reality market during the forecast period. Moreover, in July 2018, the Bandai Namco collaborated with Vicon and Square Enix, in order to showcase the VR experience in even more depth. Some of the other VR attractions developed in Japan are Aeon LakeTown mori's VR Centre (Koshigaya City), Tokyo Joypolis (Odaiba), and The Virtual developed by the Huis Ten Bosch (Nagasaki Prefecture).

Market Segmentation

Virtual Reality Market by Component

o Hardware
o Software

Virtual Reality Market by System

o Non-immersive VR
o Semi-immersive VR
o Fully-immersive VR

Virtual Reality Market by Application

o Entertainment
o Gaming
o Tourism
o Training & Education
o Others (Live Events and Real Estate)

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