Press release
Virtual Reality Market Business Analysis and Forecasts by Key Players - CyberGlove Systems LLC, Alphabet, Inc., Barco, HTC Corporation, Oculus VR LLC, Leap Motion, Inc., Samsung Electronics Co. Ltd.
Global Virtual Reality Market industry valued approximately USD 960 million in 2016 is anticipated to grow with a healthy growth rate of more than 47% over the forecast period 2017-2025.The capability of VR technology to be integrated into widespread areas like aerospace, defense, medical field, commercial, consumer electronics, and industrial field. Also with the introduction of VR sets targeted for the gaming industry, this industry has gained prominence.
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The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players.
Some of the key manufacturers involved in the market are CyberGlove Systems LLC, Alphabet, Inc., Barco, HTC Corporation, Oculus VR LLC, Leap Motion, Inc., Samsung Electronics Co. Ltd., and Microsoft Co. an intense competition can be seen for realizing the market domination by improvement of VR immersion abilities and investment in innovative low-cost products. Acquisitions and effective mergers, collaborations, partnerships, and product launches are some of the strategies adopted by the key manufacturers.
The detailed segments and sub-segment of the market are explained below:
Component:
- Hardware
- Software
Technology:
- Non-immersive
- Semi & Fully Immersive
Device Type:
- Head-Mounted Display (HMD)
- Gesture Tracking Devices (GTD)
Application:
- Aerospace & Defense
- Commercial
- Consumer Electronics
- Industrial
- Medical
- Others
Regions:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Mexico
- Rest of the World
We also can offer a customized report to fulfill the special requirements of our clients.
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