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Global Virtual Reality Services Market 2021-2030 | Estimated Revenue, New Opportunities, Industry Drivers And Restraints, Expanding Segments, And Forecast
Virtual Reality Services Market
The virtual reality services market report describes and explains the global virtual reality services market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The virtual reality services market consists of sales of virtual reality services and related products such as joysticks, force balls/tracking balls, controller wands, data gloves, trackpads, on-device control buttons, motion trackers, bodysuits, treadmills and motion platforms. These services are used in various sectors such as healthcare, education, real estate and entertainment. The use of computer technology to create a digital world is virtual reality (VR). Instead of seeing on a computer before them, users are immersed in 3D environments and can communicate with them.
The global virtual reality services market is expected grow from $0.93 billion in 2020 to $1.41 billion in 2021 at a compound annual growth rate (CAGR) of 51.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6.5 billion in 2025 at a CAGR of 47%.
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Some of the major players of the virtual reality services market are Skywell Software, LittlStar, Creative Solutions, Gramercy Tech, HQSoftware, Program Ace, Groove Jones, Xicom Technologies, Zco Corporation, The Intellify, Quy Technology, Fluper, JPLoft Solution, Credencys Solutions, HorizonCore Infosoft, Quytech, Hedgehog lab, IndiaNIC Infotech Limited, Chetu, Vakoms, Delta Reality, Dyfuzja, Cortex, Chocolate Milk & Donuts, NARSUN, Setapp.
The countries covered in the global virtual reality services market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global virtual reality services market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global virtual reality services market is segmented -
1) By Application: Healthcare, Education, Real Estate, Advertising, Travel, Gaming, Entertainment, Others
2) By Basis of Service: Consulting, Training, Implementation, Integration, Operation, Maintenance
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Few Points From Table Of Content
1. Executive Summary
2. Virtual Reality Services Market Characteristics
3. Virtual Reality Services Market Trends And Strategies
4. Impact Of COVID-19 On Virtual Reality Services
5. Virtual Reality Services Market Size And Growth
…
26. Africa Virtual Reality Services Market
27. Virtual Reality Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Virtual Reality Services Market
29. Virtual Reality Services Market Future Outlook and Potential Analysis
30. Appendix
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