Press release
VR Gaming Accessories Market is set for a Potential Growth Worldwide 2017 - 2025
Rise in adoption of gaming consoles equipped with VR technology due to presence of efficient processors over desktop and smartphones, several start-ups involved in the development of prototypes to adopt virtual reality technology in video games, and development of new peripherals in VR gaming like the Oculus Rift are some major factors driving the growth of VR gaming accessories market.
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However, factors such as lack of awareness about VR technology games among people, compatibility issues of VR gaming devices with consoles, high initial investment, and risk of physical and mental ailments due to excessive use of these devices are restraining the growth of VR gaming accessories market.
VR Gaming Accessories Market: Regional Overview
North America and Europe region is on top and is expected to dominate the VR gaming accessories market in the future, due to presence of companies developing virtual reality games in these regions. Asia Pacific’s VR gaming accessories market is identified as the fastest growing market along with Japan, due to large companies in countries such as China and Taiwan are embracing virtual reality technology in video games. Latin America and Middle East region is also catching up with this market at a considerable pace and is expected to grow in the near future due to rising awareness regarding VR among people.
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VR Gaming Accessories Market: Key Players
Google, Inc., Microsoft, SONY, Nintendo, HTC Corporation, SAMSUNG, Ubisoft, Oculus VR, LLC., Unity Technologies, NVIDIA Corporation are some key players in VR gaming accessories market.
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