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VR AR Content Creation Market by Top Company Profiles -/Now, GameAnax Inc., Intellectsoft, Apptension, Zco Corporation and more | Coronavirus-COVID19 Impact Analysis

06-24-2020 01:21 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: AllTheResearch

The Global VR AR Content Creation Market Ecosystem was valued at US$ 385.5 Mn in 2018 and is expected to reach US$ XX Mn by the year 2026, growing at a CAGR of 18.5% by 2023.
The ripple effect of Coronavirus-COVID19 on the VR AR Content Creation Market Ecosystem needs to become part of strategy discussions to emerge strong. The Analyst team is meticulously tracking the impact and relevance to all the sectors in the VR AR Content Creation Market. Key datasets include Revenue Impact analysis, Disruptions and New opportunities in the Supply Chain, Revised Vendor Landscape Mix, New opportunities mapping, and more.

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The global VR AR Content Creation Market Ecosystem was valued at US$ 385.5 Mn in 2018 and is expected to grow with a CAGR of 18.5% during the forecast period. Increasing demand for AR VR devices among the population is driving the growth of VR AR Content Creation Market Ecosystem. AT the same time, the increasing number of AR VR headset manufacturers such as Google, HTC, Oculus and others, is one of the major factors in accentuating the demand for VR AR content creation. Content is distributed on a range of devices such as Oculus Go, Oculus Rift, Samsung Gear, and others, in order to provide users an immersive experience. Users are expected to download the content on their smartphones from google store, oculus store, and so on.

Market Segmentation:
Following Top Key players are profiled in this Market Study:
Next/Now, GameAnax Inc., Intellectsoft, Apptension, Zco Corporation and more…

End-Use Industry: Automotive, Aerospace, Defense, Logistics, Retail, Healthcare, Consumer Industry, Others

Based on applications, the training segment dominated the market in 2018 and is expected to show similar trends in the coming years. VR AR content is mainly used by employers for training and promotional purpose. The global spending for corporate training in 2018 was approximately US$ 130 Bn, which is expected to create demand for VR AR content creation among employers for training their employees. Companies such as Walmart, Boeing, UPS, and others are using AR VR for training purposes, which has been driving the demand for VR AR content creation in recent years. Boeing has reduced its operational time by 25% due to the use of augmented reality headsets. This has also enabled the company to eliminate errors during maintenance and thus, enhance productivity

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VR AR CONTENT CREATION MARKET ECOSYSTEM
Based on regions, North America dominated the market in 2018 and is expected to show similar trends in the coming years. The presence of major players such as Facebook, Google, and others, is one of the major factors in driving the growth of the VR AR Content Creation Market Ecosystem. Asia Pacific is expected to grow at the fastest pace during the forecast period. Growth of the gaming industry in Asia Pacific has been creating demand for VR AR content creation in recent days. The China gaming market accounted for a revenue of US$ 27.6 Bn in 2017, and this market will dominate the VR AR Content Creation Market Ecosystem in the APAC region.

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Table of Content:
Ecosystem Report – Table of Content
1.Introduction
1.Global VR AR Content Creation Market Ecosystem Definition
2.Scope of study 
2.Executive Summary
1.Global Market Segmentation
VR AR Content Creation Market Ecosystem Positioning
1.Global VR AR Content Creation Market Ecosystem Snapshot

2.Global VR AR Content Creation Market Ecosystem Segmentation
1.By Component
VR AR Content Creation Market Ecosystem Sizing, Volume, and ASP Analysis & Forecast
1.Global VR AR Content Creation Market Ecosystem Sizing & Volume
1.Cross-segmentation
And More…

View Complete Report with Different Company Profiles
https://www.alltheresearch.com/report/377/vr-ar-content-creation-ecosystem-market

AllTheResearch
Contact Person: Rohit B.
Tel: 1-888-691-6870
Email: contactus@alltheresearch.com

About Us:
AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. As a leading market research provider, the firm empowers its global clients with business-critical research solutions. The outcome of our study of numerous companies that rely on market research and consulting data for their decision-making made us realise, that its not just sheer data-points, but the right analysis that creates a difference.

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