Press release
Head-Mounted Display Market Report Forecasts High Growth by 2022 - Scalar Market Research
The report on the global Head-mounted display market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
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KEY PREMIUM INDUSTRY INSIGHTS
1. With varied applications across diverse fields, there is a large scope for the growth of head-mounted display market. Increasing technological advancements and rise in demand for wearable computer devices are promoting growth opportunities for the market.
2. Usage of the devices in medical services is opening newer growth opportunities. Video gaming and entertainment market is estimated to have the highest growth. The simulation, training, security, monitoring and tracking capabilities of the HMDs are not only growing the market in developed countries but also contributing towards a steady growth in the developing countries.
3. HMDs are broadly classified into two types- helmet-mounted display and eye wear display. Although helmet-mounted display is more favorable among users and captures a larger share of the market, eye wear displays are also gaining popularity due to its compact nature and light weight properties.
KEY MARKET PLAYERS
Key players in the head-mounted display market include:
1. Samsung Electronics Co., Ltd.
2. Sony Corporation
3. HTC Corporation
4. Oculus VR, LLC
5. Microsoft Corporation
6. Bae Systems, Inc.
7. Google Inc.
8. Kopin Corporation, Inc.
9. Osterhout Design Group
10. Recon Instruments, Inc.
The head-mounted display market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The North America region is the most dominant and holds the highest market share. This region has higher companies investing into research and development of the wearable computer devices leading to greater technological advancements resulting in immense market growth. Asia-Pacific region is witnessing a steady growth of the head-mounted display market due to increase in demand from consumer market. Countries like India and China are also making use of the HMD devices in medical fields opening newer growth opportunities for the market.
Browse Report: https://www.scalarmarketresearch.com/market-reports/head-mounted-display-market
About Scalar Market Research
Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.
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