Press release
Head-mounted Display Market Will Rise Due to Increasing Demand for Virtual Reality and Augmented Reality Applications
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A head-mounted display (HMD) is a wearable device that allows a user to see virtual content superimposed on the real world. HMDs are typically used for gaming and entertainment applications, but they can also be used for training, simulation, and other purposes.
Key Trends
There are three key trends in Head-mounted Display (HMD) technology:
One of the key trends in HMD technology is the increased resolution and field of view. HMDs are now available with resolutions of up to 4K per eye and fields of view of up to 110 degrees. This allows for a much more realistic and immersive experience.
Another key trend is the improved tracking and input. HMDs now come with built-in head tracking, which allows for a more natural and immersive experience. They also come with improved input methods, such as hand tracking, eye tracking, and voice control.
The third key trend is the enhanced immersion. HMDs are now available with features such as haptic feedback, which provide a more realistic and immersive experience.
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Key Drivers
The key drivers of the Head-mounted Display market are the increasing demand for virtual reality and augmented reality applications, the need for compact and lightweight devices, and the declining prices of display components.
The increasing demand for virtual reality and augmented reality applications is driven by the gaming and entertainment industries, which are looking for new ways to engage and immerse their users. The gaming industry is especially interested in virtual reality, as it allows for a more realistic and immersive experience. The entertainment industry is also exploring augmented reality, which has the potential to revolutionize how we consume media.
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Market Segments
By Component
• Goggles
• Relay Optics
• Control Unite
• Accessories
• Battery
• Computing
• Pico Projector
• Head Tracker
• Others
By Product
• Head mounted display
• Head mounted computing/ wearable glasses
By End User
• Defense
• Consumer market
• Others
By Applications
• Security
• Training and simulation
• Tracking
• Imaging
Key Players
• Emagin Corporation
• Sony Corporation
• Syndiant
• Trivison
• Innovega Inc
• Epson
• BAE System PLC
• Recon Instruments
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Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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