Press release
Gaming & entertainment industry to drive the growth of the Virtual Retinal Display Market
Gaming & entertainment industry to drive the growth of the VRD marketVRD technology can find wide applications in a variety of industries such as aviation & tactical, engineering, medical, gaming & entertainment, sports, and training & simulation. The application in the gaming & entertainment industry is expected to hold the largest share of the virtual retinal display market; this is because this industry has been an early adopter of the technology and the demand created for augmented reality and virtual reality applications by users. The market in the sports industry is expected to grow at the highest CAGR between 2019 and 2025 as a result of the clarity and detailing possible in VRDs while watching sports events would help drive the growth of this market.
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North America to lead the market in share
The report also covers the VRD market based on different geographic regions– North America, Europe, Asia-Pacific, and Rest of the World (RoW). The VRD market in North America is expected to be the largest during the forecast period because of the high usage of augmented reality and virtual reality in the gaming & entertainment industry in the region. The market in Asia-Pacific for VRD technology is expected to grow at the highest CAGR between 2016 and 2025. Rising disposable incomes, high population density, and demand for technologically advanced products in the gaming & entertainment industry are expected to fuel the growth of the VRD market in APAC.
The major existing and anticipated vendors in the virtual retinal display market include Avengant Corp. (U.S.), Microvision, Inc. (U.S.), Google, Inc. (U.S.), Texas Insturments Inc. (U.S.), Human Interface Technology Laboratory (U.S.).
https://www.marketsandmarkets.com/Market-Reports/virtual-retinal-display-market-238826103.html
The scope of the report covers detailed information regarding the major factors influencing the growth of the virtual retinal display market such as drivers, restraints, challenges and opportunities. A detailed analysis of the existing and aniticipated key players has been done to provide insights into their business overview, products & services, key strategies, new product launches, agreements, and recent developments associated with the virtual retinal display market.
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
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