Press release
Virtual Reality Market expected to grow at a CAGR of 15.5 percent during the forecast period from 2022-2029
Virtual Reality Market
Virtual Reality Market Scope and Research Methodology
The Virtual Reality Market report covers an analysis of company profiling, specifications and product pictures and contact information of various regional, global and local vendors of the market. The bottom-up approach is used to estimate the size of the market through segments: Device, Technology, Component and Application and their multiple sub-segments. The report includes pricing analysis, revenue, gross income, mergers and acquisition and investment in technological research and development by key companies such as Microsoft Corporation, SpaceVR, Inc., Google, Inc. and Sony Corporation. Further research findings provides competitive landscape of the Virtual Reality Market in geographic regions such as North America, Asia Pacific, Middle East and Africa, Europe and South America. Primary research includes industry expert's opinions, telephonic interviews with senior research analysts whereas information from paid databases, annual reports and white papers from organizations has been gathered in secondary. The data further analysed by tools such as SWOT, PORTER's five force model and PESTLE which provides a socio-political aspect of the market in five major regions.
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An increase in the gaming and entertainment sectors is driving market growth.
With the introduction of VR and 3D technologies, the gaming industry has undergone a technological transformation. The usage of HMDs has aided in providing a highly immersive experience for consumers and has enhanced gaming performance and massive growth in the smartphone users driving the market. The Virtual Reality Market is expected to hamper due to display latencies and high power consumption.
The Asia Pacific held the largest share of the market in 2021
Growth in the population and smartphone users in economies such as China and India are expected to drive the Asia Pacific at significant rate throughout the forecast period. The rising demand for head-mounted displays (HMD) in the gaming and entertainment industries is expected to drive the Asia-Pacific virtual reality market.
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Virtual Reality Market Segmentation
By Device:
Head-mounted Display (HMD)
Gesture-tracking Device (GTD)
Projectors & Display Wall (PDW)
By Technology:
Semi & Fully Immersive
Non-immersive
By Component:
Hardware
Software
By Application:
Aerospace & Defense
Consumer
Commercial
Enterprise
Healthcare
Others
Virtual Reality Market Key Players Include:
Microsoft Corporation(US)
Sensics, Inc. (US)
SURVIOS, INC.(US)
Merge Labs, Inc.(US)
SpaceVR, Inc. (US)
Eon Reality, Inc.(US)
Vuzix Corporation(US)
Cisco Systems, Inc.(US)
Google, Inc.(US)
Oculus VR, Inc.(US)
Leap Motion, Inc.(US)
Facebook Technologies, LLC.(US)
Firsthand Technology Inc.(US)
WorldViz, Inc.(US)
CyberGlove Systems Inc.(US)
(Japan)
Sony Corporation(Japan)
SAMSUNG ELECTRONICS CO., LTD.(South Korea)
Ultraleap Ltd.(UK)
Psious(Spain)
HTC Corporation(Taiwan)
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Table of Content for Global Virtual Reality Market:
Global Market: Research Methodology
Global Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Market Segmentation
Global Market, by Device (2021-2029)
Global Market, by Technology (2021-2029)
Global Market, by Component (2021-2029)
Global Market, by Application (2021-2029)
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Regional Market(2021-2029)
Regional Market, by Device (2021-2029)
Regional Market, by Technology (2021-2029)
Regional Market, by Component (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Device, Technology, Component, Application
Competitive Landscape - Profiles of selected key players by region in strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:
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https://www.maximizemarketresearch.com/market-report/virtual-schools-market/126081/
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https://www.maximizemarketresearch.com/market-report/global-virtual-production-market/109796/
E-Learning Virtual Reality Market: Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-e-learning-virtual-reality-market/104839/
Virtual Data Storage Market: Global Market Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-virtual-data-storage-market/98356/
Virtual Reality Camera Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022 - 2029 - know more
https://www.maximizemarketresearch.com/market-report/global-virtual-reality-camera-market/88166/
3D Virtual Reality Glasses Market-Global Industry Analysis and forecast 2022-2029 - know more
https://www.maximizemarketresearch.com/market-report/global-3d-virtual-reality-glasses-market/77124/
Virtual Reality Content Creation Market-Global Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-virtual-reality-content-creation-market/55631/
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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