Virtual Reality Market Forecasts From 2019 To 2024
DESCRIPTION Virtual reality market is expected to witness an exponential CAGR of 49.71% during the forecast period 2017 to 2023. The market is expected to reach US$60.901 billion by the end of the year 2023, from a market size of US$5.409 billion in 2017. Increased use of virtual reality in the defence sector, growing use of head-mounted displays (HMD) in the entertainment and gaming sector along with declining prices of displays and hardware components are some of the key factors propelling the market. Other driving factors complementing the growth of the virtual reality market is the higher interest of large technology companies in virtual reality and easy availability of head-mounted displays leading to improving adoption rate of these solutions. Other end user industries apart from the traditional ones are also beginning to experiment with VR solutions leading to increased demand for these solutions.
Some Key Questions Answered By The Report
What will Virtual Reality Market from 2019 to 2024? How are the major drivers and restraints affecting the Virtual Reality Market. Growth and the opportunities which exist for key vendors? Which segment and region will drive or lead the market growth and why?
Geography
North America
United States
Canada
Mexico
Others
South America
Brazil Argentina Others
GEOGRAPHY Europe Germany France Italy United Kingdom Others
Middle East and Africa Israel Saudi Arabia UAE Others
Asia Pacific Japan China India Others
SEGMENT ANALYSIS
We have included all segments of this market in market research report.
The Virtual Reality market has been segmented on the basis of component, devices, end user industry and geography.
For complete segment information visit us
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CONCLUSION
ď‚Ą Major players in the Virtual Reality market have been covered along with their
relative competitive position and strategies. ď‚Ą The report also mentions recent deals and investments of different market
players over the last year. ď‚Ą The company profiles section details the business overview, financial
performance for the past three years, key products and services being offered along with the recent developments of these important players in the Virtual Reality market.
COMPANY PROFILES Facebook, Inc. Sony Corporation HTC Corporation EON Reality Inc. Google LLC Microsoft Corporation Vuzix Corporation GoPro Samsung Electronic Co., Ltd.
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