Global Virtual Reality In Gaming Market Analysis, Growth Opportunities and Global Developments 2021 to 2026

Global Global Virtual Reality In Gaming Market 2021-2026 is a comprehensive report which provides a detailed overview of the major driver, opportunities, challenges, current Market trends and strategies impacting the Global Global Virtual Reality In Gaming Market in conjunction with calculation and forecast of size, share, and growth rate analysis. Combining the analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the Global Virtual Reality In Gaming Market all told its geographical and merchandise segments.

The virtual reality (VR) in the gaming market is expected to grow at a CAGR of 32.75% over the forecast period (2021 - 2026).

The Global Global Virtual Reality In Gaming Market is highly competitive and consists of a number of major players. Companies like Oculus VR (Facebook Technologies LLC), HTC Vive, Valve Corporation, Intel Corporation, Virtuix Omni, Nintendo Co Limited, Microsoft Corporation, Samsung Corporation, Google LLC among others.

Key Developments:

- May 2020 - Apple Inc. acquired NextVR, a startup that provides sports and other content for virtual-reality headsets. The acquisition will help Apples development of VR and AR headsets with accompanying software and content.
- February 2020 - Facebook acquired Bay Area VR studio Sanzuru Games. The acquisition will help Facebook to explore the VR game studios, as Sanzuru Games has created a total of four titles for the Oculus Rift, including Asgards Wrath and Marvel Powers United VR. Also, it has made a number of titles on console and mobile systems, releasing games structured around their own IP alongside licensed titles for properties, like Sonic and Spyro.

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Scope of the Report:

VR technology has gained widespread recognition and adoption over the past few years. Recent technological advancements in this field have revealed new enterprises. Numerous players are emerging in this market with the hopes of navigating it toward mainstream adoption in the gaming market space. According to NewGenApps, by 2025, the worldwide user base of AR and VR games is expected to increase to 216 million users.
- VR gaming involves a 3D environment that enables the user on a computing device with the help of a mouse, touch screen, and other components to feel the physical presence in the game settings. The various accessories associated with the VR technology, such as virtual reality headsets, wrap-around display screens, virtual reality rooms equipped with wearable computers, and sensory components, enables gamers to interact, view, and move around the objects in the game setting. According to a worldwide survey of technology company executives, startup founders, investors, and consultants, 59% of respondents believe gaming will dominate the investment directed to the development of VR technology.

Key Market trends:

Premium Mobile Platform to Hold Significant Market Share

- Mobile virtual reality (VR) gaming is the most affordable experience for consumers who want to explore VR gaming without spending a substantial amount of money. Also, the portability and massive install base of smartphone users, across the world, is leading to its widespread adoption. According to Plink, there are about 2.2 billion mobile gamers around the world.
- With the increasing number of mobile gamers, the mobile VR gaming market is expected to gain significant traction as players are offering various accessories, such as a head-mounted display for smooth VR gaming experience for the mobile-based gamers.
- The most widely known VR headsets for mobile phones are Samsung Gear and Google Daydream. The lower price as compared to console and PC headsets and mobile headsets are often bundled with premium phones are vital factors that are driving the market. According to the 3D insider, by 2020, it is estimated that the number of VR headsets sold will reach up to 82 million units.

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The key insights of the Global Virtual Reality In Gaming Market report:

The report provides key statistics on the Market Status of the Global Virtual Reality In Gaming Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Global Virtual Reality In Gaming Market report presents the company profile, product specifications, capacity, production value, and 2015-2021 Market shares for key vendors.
The total Market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2021-2026 Market development trends of Global Virtual Reality In Gaming Market .
Analysis of upstream raw materials, downstream demand and current Market dynamics is also carried out
The report makes some important proposals for a new project of Global Virtual Reality In Gaming Industry before evaluating its feasibility.

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– 3 months of analyst support

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