Virtual Reality Market Growth, Global Survey, Analysis, Share, Company Profiles and Forecast by 2028
The study offers comprehensive coverage of the qualitative and quantitative analysis of the Virtual Reality Market along with crucial statistical data about the Virtual Reality market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2028. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
Increasing deployment of 5G networks is also propelling growth of the virtual reality market. 5G services provide ultra-low and high-bandwidth latency. This will help support the adoption of virtual reality in various applications such as training, entertainment, and simulation, among others. The upsurge in demand for head-mounted displays in the gaming industry is also driving growth of the market. The gaming and entertainment industry has been witnessing a rapid technological revolution with the emergence of 3D and VR technology. Video game users prefer head-mounted displays to enrich user experience and entertainment, and this is expected to continue over the forecast period.
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The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on the detailed analysis of the technological and product developments undertaken by these companies.
The key companies studied in the report are:
Microsoft, Samsung Electronics, Google, Eon Reality, Sony, Mindmaze, Panasonic Corporation, HTC, Firsthand Technology, and Cyberglove Systems.
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.
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Emergen Research has segmented the global virtual reality market on the basis of offering, technology, device type, application, and region:
Offering Outlook (Revenue, USD Billion; 2018–2028) Hardware Displays and Projectors Sensors Cameras Position Trackers Semiconductor Components Others (Computer/video generator and combiner) Software Cloud-Based Services Software Development Kits VR Content Creation Technology Outlook (Revenue, USD Billion; 2018–2028) Non-immersive Semi and Fully Immersive Device Type Outlook (Revenue, USD Billion; 2018–2028) Head-Mounted Displays Projectors and Display Walls Gesture-Tracking Devices The Virtual Reality market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Virtual Reality market.
The global Virtual Reality market is segmented into:
North America (U.S.A., Canada, Mexico) Europe (Italy, U.K., Germany, France, Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC) Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America) Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA) Customization@ https://www.emergenresearch.com/request-for-customization/630
The report addresses the following key points:
The report estimates the expected market size from 2020-2027 The report provides a forecast of market drivers, restraints, and future opportunities for the Virtual Reality market The report further analyses the changing market dynamics Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth Extensive competitive landscape mapping with profiles of the key competitors In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies Revenue forecast, country scope, application insights, and product insights Look Over transcripts provided by Emergen Research
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