he global virtual reality market may gain traction owing to high demand for head-mounted displays in gaming and entertainment sectors. Market Research Future (MRFR)’s latest study reveals that the market is set to expand at 37% CAGR during the forecast period (2027–2027). Advances in virtual reality (VR) and associated devices are anticipated to.

In addition, the prolific use of VR as a marketing strategy to entice users is likely to result in increased sales of HMDs. Opportunities are expected to arise from advances in networking technologies such as 5G and ready acceptance of VR headsets. High manufacturing costs pertaining to system-on-a-chip (SoC) can pose a challenge to market growth.

The prominent players in the Virtual Reality Market are-

Samsung Electronics Co. Ltd., Facebook, Google LLC, Microsoft Corporation, Sony Corporation, Sensics, Inc., Sixense Entertainment, Vuzix Corporation, EON Reality, Qualcomm, Avegant Corporation, and others are major players in the virtual reality market.

The report offers insights on prominent market players and assesses their current market share. Company information coupled with annual turnover, segmental share, SWOT analysis, growth strategies, new product launches, M&A activities, and latest R&D initiatives are outlined in the report.

Get Sample Report @

https://www.marketresearchfuture.com/sample_request/916

Virtual Reality Market Segmentation:

By component, the market has been segmented into hardware and software. The hardware segment is further branched into displays, sensors, and semiconductor components. Similarly, the software segment is sub-divided into cloud-based software and software development kits. Based on device, the market has been segmented into head-mounted displays, gesture tracking devices, projectors and display walls, and 3D cameras. By technology, the market has been segmented into non-immersive, semi-immersive, and fully immersive. Different verticals such as industrial, commercial, healthcare, consumer electronics, aerospace and defense that VR currently caters were also discussed in the report.

Regional Analysis:

The virtual reality market, on the basis of region, is segmented into the North America, Europe, Asia Pacific and the Rest-of-the-World (RoW). The North America region currently accounts for the largest share in the global virtual reality market. This is majorly attributed to factors such as adoption of latest networking technologies such as 5G and long-term evolution (LTE). Presence of prominent players such as Microsoft and Facebook coupled with heavy investments by these to provide a seamless experience to users are expected to augur market growth.

Asia Pacific is anticipated to exhibit a robust growth rate owing to a huge consumer base of smartphone users. Supportive initiatives by governments such as India, Japan, and China to integrate VR technology in smartphones are expected to bode well for the market. In addition, launch of new headsets from Samsung and LG is projected to positively influence the market.

Browse Full Report @ https://www.marketresearchfuture.com/reports/virtual-reality-market-916

Research Methodology:

At MRFR, our analysts compile our reports using a combination of primary and secondary research. Primary research entails interviewing market leaders regarding their views on the current market and their effect in the coming years. Secondary research comprises a detailed analysis of past events to predict market size estimation. Surveys and expert opinions are also mined to collaborate research. Credible resources are employed to gain a comprehensive outline of the market as well as top-down and bottom-down approaches to validate the findings. Our analysts work around the clock to study the social, economic, and cultural influences to gain astute insights of the market. Our tools and processes are used in creating reports, which lets clients make informed investment decisions for their business.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: [email protected]