Virtual Reality Head-Mounted Display (VR HMD) Market 2021 Business Scenario – Sony, Google, Microsoft, Samsung, HTC Corporation, Oculus (Facebook), Leap Motion

This report discusses many vital industry facets that influence Global Virtual Reality Head-Mounted Display (VR HMD)  industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Sodium-ion Battery investments from 2021 till 2026.

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Market size was valued at USD 12.11 Billion in 2020 and is projected to reach USD 141.18 Billion by 2028, growing at a CAGR of 38.78% from 2021 to 2028.02-Aug-2021

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: Sony, Google, Microsoft, Samsung, HTC Corporation, Oculus (Facebook), Leap Motion (Ultrahaptics）, CyberGlove Systems, Vuzix, EON Reality, STMicroelectronics

Market Overview

Many manufacturers of HMDs and eyeglasses are focusing on enhancing the user experience and making products more informative. The lack of standardization causes compatibility issues between products from different sellers, as different products have different specifications and quality, which affects user experience. To enable widespread enterprise and consumer adoption of HMDs, VR and AR HMDs require similar universal standards that allow developers to make applications that are open and interoperable across different headsets.

Increasing use of eyewear in various applications, such as industry and enterprise, healthcare, and research and design, is expected to boost the market for HMDs. Discrete HMD, also known as tethered HMD, is a VR HMD that creates an immersive VR experience. Discrete HMDs require powerful PCs to operate games and software. These are cheaper than slide-on HMDs and expensive than integrated HMDs. The extensive use of discrete HMDs in gaming and entertainment has been the biggest driver for their growth. The trend is expected to grow over the next 5 years. The COVID-19 crisis increased the growth rate of these HMDs, as people were stuck at home, and HMDs were of great help for in-house entertainment.

News and Updates

Sony 3D head-mounted display to launch in Japan for $900- Sony said Tuesday a new version of its popular "Personal 3D Viewer" head-mounted display, which wraps around the eyes and shows video so it appears at the size of a virtual movie screen, will go on sale next month for about $900.

Qualcomm Announces Head Mounted Display Accelerator Program for VR Hardware Manufacturers- Today, Qualcomm Incorporated (NASDAQ: QCOM) through its subsidiary, Qualcomm Technologies, Inc., announced the launch of its Head Mounted Display (HMD) Accelerator Program designed for original equipment manufacturers (OEMs) of virtual reality hardware. This virtual reality industry-first program is designed to help manufacturers reduce engineering costs, decrease the time it takes to create and ship new products, and provide means for OEMs to validate performance metrics.

Fujitsu Releases Head Mounted Display to Help Enterprises Innovate On-Site Operations- Fujitsu today announced the development of FUJITSU IoT Solution UBIQUITOUSWARE Head Mounted Display, a wearable device for enterprises. Fujitsu begins sales of the HMD to enterprises in Japan today.

Segmentation by type: breakdown data from 2016 to 2021 in Section 2.3; and forecast to 2026 in section 10.7

Mobile VR HMDs

PC-based HMDs

Console-based HMDs

All-in-One HMDs

Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 10.8

Healthcare

Education

Defense and Aerospace

Construction

Retail

Automotive

Media and Entertainment

Others

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Virtual Reality Head-Mounted Display (VR HMD) market, covering important regions, viz, North America, Europe, China, and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

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Virtual Reality Head-Mounted Display (VR HMD) Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Virtual Reality Head-Mounted Display (VR HMD) market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Virtual Reality Head-Mounted Display (VR HMD) market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Virtual Reality Head-Mounted Display (VR HMD) Market report.

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Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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