openPR Logo
Press release

Head-mounted Display Market Projected to reach $36.5 billion by 2026

02-02-2023 08:51 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

Head-mounted Display Market Projected to reach $36.5 billion

Head-mounted Display Market is expected to grow from USD 5.5 billion in 2021 to USD 36.5 billion by 2026, at a CAGR of 46.0%. The market growth can be attributed to several factors, such as surge in investments by major players in development of HMDs, increased adoption of AR and VR technologies due to COVID-19, availability of low-cost HMDs, and technological advancements and growing digitalization.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=729

Integrated HMDs to account for the largest share of head-mounted display market in 2020

Integrated HMD, also called optical HMD (OHMD), is the most expensive and sophisticated type of HMD. It is an independent computing device, as it can deliver VR and AR experiences to users without any external hardware such as a PC or smartphone. Microsoft Corporation (US), Magic Leap, Inc. (US), and Osterhout Design Group (US) are among the companies that provide integrated HMDs. With the growing advent of HMDs and advancements in them, it is expected that integrated HMDs will play a key role in the development of the overall HMD market.

Augmented reality technology to grow at the fastest rate during the forecast period

The use of mobile phones for 3D navigation with a real-time overlay of computer graphics has numerous applications in the gaming sector and other industries; this is expected to drive the growth of the AR segment. Increasing importance of AR HMDs or smart glasses in the enterprise and industry application is also expected to drive this segment. AR headsets can provide employees with a host of tools, such as training videos, visualized data, and access to multiple desktop screens for performing various activities.

Americas is leading the market head-mounted display market in 2020

Americas held the largest share in the head-mounted display market in 2020. The increased acceptance of AR and VR devices by enterprise users to improve productivity and accuracy has been the key factor driving the growth of the HMD market in Americas. The use of AR and VR technologies in consumer electronics also propels the growth of the market.

Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=729

Some of the key companies operating in the market are Sony (Japan), Google (US), Microsoft (US), Oculus (US), HTC (Taiwan), Seiko Epson (Japan), Samsung (South Korea), Lenovo (China), Magic Leap (US), and Vuzix (US) and so on.

News also Covered: https://www.prnewswire.com/news-releases/head-mounted-display-market-worth-36-5-billion-by-2026--exclusive-report-by-marketsandmarkets-301307554.html

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Head-mounted Display Market Projected to reach $36.5 billion by 2026 here

News-ID: 2909682 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for HMD

AR-HMD Market Size And Global Industry Forecast 2034
"The global augmented reality head-mounted display (AR-HMD) market is valued at approximately $6.5 billion in 2024, with expectations to reach around $24 billion by 2034. This trajectory indicates a robust Compound Annual Growth Rate (CAGR) of approximately 14.5% during the forecast period from 2025 to 2034. " Exactitude Consultancy., Ltd. released a research report titled "AR-HMD Market". This report covers the global AR-HMD market sales, sales volume, price, market share, ranking
Head Mounted Display(HMD) Lens Market Key Innovations for 2032
The Head Mounted Display (HMD) Lens market has emerged as a pivotal sector in the ever-evolving landscape of augmented reality (AR) and virtual reality (VR) technologies. With applications spanning gaming, healthcare, education, and industrial training, HMD lenses are at the forefront of immersive experiences, enabling users to engage with digital content in unprecedented ways. As the demand for enhanced visual experiences continues to surge, the market for HMD lenses has
Hexamethylene Diamine (HMD) Market 2022 | Detailed Report
ReportsnReports publishes the report titled Hexamethylene Diamine (HMD) that presents a 360-degree overview of the market under one roof. The report is developed with the meticulous efforts of an enthusiastic and experienced team of experts, analyts, and researchers that makes the report a valuable asset for stakeholders to make robust decisions. This report also provides an in-depth overview of product type, specification, technology, and production analysis considering vital factors like
Hot Metal Detectors (HMD) Market to Witness Notable Growth by 2027
This Hot Metal Detectors (HMD) market report segmented the market by form, application, product, geography, and other factors. This market report looks at a few main players and drivers that have an effect on market opportunities, challenges, risks, and development. It also conducts a competitive analysis of the industry, which helps main market participants in terms of large profits. The market growth is heavily influenced by the significant factors listed
Head Mounted Display (HMD) Market Size, Share & Forecast 2025
Head Mounted Display (HMD) market Overview: 2025 In 2019, the market size of Head Mounted Display (HMD) is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. A head-mounted display is a
Head Mounted Display (HMD) Market: Competitive Dynamics & Global Outlook 2023
New report published by Global Info Research which offers insights on the global Head Mounted Display (HMD) market. A head-mounted display is a display device, worn on the head or as part of a helmet, that has a small display optic in front of one (monocular HMD) or each eye (binocular HMD). A HMD has many uses, including in gaming, aviation, engineering, and medicine. Click to view the