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Latest Advancements in Virtual Reality Headset Market New Technology Outlook to 2027 | FOVE, Inc., Google LLC, LG Electronics Inc., Magic Leap, Inc., Microsoft Corporation, Oculus

10-06-2020 02:48 PM CET | IT, New Media & Software

Press release from: Premium Market Insights

Virtual Reality Headset Market- Premium Market Insights

Virtual Reality Headset Market- Premium Market Insights

Virtual Reality (VR) headsets are advanced headgears connected to mobile phones, PCs, or gaming consoles to give a life-like virtual experience to consumers. VR technology uses near-to-eye display and easily amalgamate with technical gadgets. Apart from gaming sectors, which is a significant application, VR headsets are also used in the medical and automotive industry to create enhanced user experience.

The virtual reality headset market is anticipated to grow in the forecast period owing to driving factors such as developments in the field of virtual reality technology combined with demands for high quality pictures. Moreover, popularity in the gaming console segment is another factor propelling the market growth. However, these headsets may be expensive as well as time consuming to develop. This factor may restrain the growth of the virtual reality headset market during the forecast period. On the other hand, increasing application scope in military and automotive sector is likely to offer lucrative opportunities for the market in the coming years.

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The List of Companies
1. FOVE, Inc.
2. Google LLC
3. LG Electronics Inc.
4. Magic Leap, Inc.
5. Microsoft Corporation
6. Oculus (Facebook Technologies, LLC)
7. Samsung Electronics Co Ltd.
8. Sony Corporation
9. Vive (HTC Corporation)
10. ZEISS International

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global virtual reality headset market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The virtual reality headset market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting virtual reality headset market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the virtual reality headset market in these regions.

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