Press release
Virtual Reality Software Market Is Likely To Experience A Boom Worldwide | Microsoft Corporation, Blippar Inc., Pixologic Inc., Metaio Gmbh, Qualcomm Incorporated
Virtual Reality Software Market
The regions covered in the virtual reality software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Among these regions, Asia Pacific accounts for the largest virtual reality software market share.
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The virtual reality software market consists of sales of virtual reality software that are used in different sectors such as aerospace, defense, gaming, entertainment, tourism, diagnostics and surgeries. Related services include software installation, training, upgrade and other services. Virtual reality (VR) is an artificial environment generated with software and displayed to people in such a way that the user suspends convictions and accepts them as real environments.
Key competitors in the virtual reality software market include Microsoft Corporation, Blippar Inc., Pixologic Inc., Metaio Gmbh, Qualcomm Incorporated, Oculus VR LLC, WorldViz., Starbreeze Studios, Razer Inc., HTC Corporation, BAE Systems AB, Istaging, Axonom Powertrak, Cupix, Viar, IrisVR, Briovr, Techviz, Unigine, Phenomatics Virtual Reality Software, Worldviz, Virtalis, ESI Group, XVR Simulation, EON Reality, High Fidelity, Mirra, Arcadia Augmented Reality, Smartvizs and Imaginate.
The global virtual reality software market size is expected grow from $7.80 billion in 2021 to $9.98 billion in 2022 at a compound annual growth rate (CAGR) of 27.9%. The growth in the market 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 VR software market is expected to reach $25.63 billion in 2026 at a CAGR of 26.6%.
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TBRC's report segments the global virtual reality software market:
1) By Type: 3D Modelling Software, 360 Degree Custom VR Software, Real Time Simulation Software
2) By Deployment: On-Premise, Cloud
3) By Application: Automotive, Medical, Real Estate, Oil and Gas, Entertainment, Industrial, Other
Read Further On The Virtual Reality Software Market Here:
https://www.thebusinessresearchcompany.com/report/virtual-reality-software-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Virtual Reality Software Market Characteristics
3. Virtual Reality Software Market Trends And Strategies
4. Impact Of COVID-19 On Virtual Reality Software
5. Virtual Reality Software Market Size And Growth
.....
27. Virtual Reality Software Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Virtual Reality Software Market
29. Virtual Reality Software Market Future Outlook and Potential Analysis
30. Appendix
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