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Global Virtual Reality Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

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Application of gesture recognition technology (GRT) in virtual reality is gaining huge consumer interest. The global GRT market holds an opportunity to reach over USD 45 billion by the end of 2024. Furthermore, global virtual reality market is expected to reach USD 58.61 billion in 2024 from USD 1.54 billion in 2016, growing at a CAGR of 57.60 % during the forecast period. – PowerPoint PPT presentation

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Title: Global Virtual Reality Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis


1
Report Code AFT1006
Global Virtual Reality Market Outlook 2016-2024
Insights, Trends, Demand Competitors
Analysis
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Global Virtual Reality Market Outlook 2016-2024
Insights, Trends, Demand Competitors Analysis
Global Virtual Reality Market Outlook Virtual
reality (VR) is an incredible innovation to
provide the real environment experience of
sounds, images and sensations for consumers by
means of imaginary settings. Improved display
technology with enhance features such as
ultra-high resolution, and 3D video displays is
boosting the growth of virtual reality market to
a new level. Moreover, declining price of micro
displays has ignited the scope for developing
economies to manufacture low cost head-mounted
display (HMD) model for consumers. Head mounted
display with high end aviation feature is gaining
popularity mainly across defense sector. However,
wearable glasses are showing promising results
for future growth. Wearable glasses from Google
are lightweight, portable and compact in nature
which is expected to strengthen virtual reality
market across the globe. Rising number of
private investments in developing VR technologies
witnessed in past few years are likely to boost
the growth of virtual reality market. Growing
number of startups are creating market
competitiveness and huge investments for the
enhancement in VR technologies. For instance, an
amount of USD 100 million is raised from Hinduja
Group by a Swiss-based startup MindMaze for the
development of VR hardware software. Send Us
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Global Virtual Reality Market Outlook 2016-2024
Insights, Trends, Demand Competitors Analysis
  • Market Segmentation
  • Based on Components
  • Hardware
  • Software
  • Based on Devices
  • Head Mounted Display (HMD)
  • Gesture Tracking Devices (GTD)
  • Projectors Display Walls (PDW)
  • Wearable Glasses
  • Based on End-User
  • Gaming Entertainment
  • Healthcare
  • Consumer Electronics
  • Manufacturing
  • Aerospace Defense
  • Request for TOC_at_ https//www.goldsteinresearch.com
    /toc-request/global-virtual-reality-market-outlook
    -2024-global-opportunity-and-demand-analysis-marke
    t-forecast-2016-2024

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Global Virtual Reality Market Outlook 2016-2024
Insights, Trends, Demand Competitors Analysis
  • Based on Geography
  • North America (US, Canada) Market Share (),
    Market Size (USD Million), Production (Units)
  • Europe (UK, France, Italy, Germany, Spain,
    Hungary, Sweden, Russia, Poland and Rest of
    Europe) Market Share (), Market Size (USD
    Million), Production (Units)
  • Middle East and Africa (GCC Countries, North
    Africa, South Africa and Rest of Middle East
    Africa) Market Share (), Market Size (USD
    Million), Production (Units)
  • Latin America (Brazil, Mexico and Rest of Latin
    America) Market Share (), Market Size (USD
    Million) , Production (Units)
  • Asia Pacific (China, Japan, India, Singapore,
    South Korea, Australia, New Zealand and Rest of
    Asia-Pacific) Market Share (), Market Size (USD
    Million), Production (Units)
  • Rest of the World Market Share (), Market Size
    (USD Million), Production (Units)

5
Global Virtual Reality Market Outlook 2016-2024
Insights, Trends, Demand Competitors Analysis
Market Size and Forecast (2016-2024) Application
of gesture recognition technology (GRT) in
virtual reality is gaining huge consumer
interest. The global GRT market holds an
opportunity to reach over USD 45 billion by the
end of 2024. Furthermore, global virtual reality
market is expected to reach USD 58.61 billion in
2024 from USD 1.54 billion in 2016, growing at a
CAGR of 57.60 during the forecast
period. Geographically, North America and Asia-
Pacific are anticipated to hold major revenue
share of virtual reality market over the forecast
period. Rising production of affordable mobile
headsets, standalone devices and VR-compatible
mobile phones in China and Japan are likely to
expand the virtual reality business in
Asia-Pacific region. Asia-Pacific virtual reality
market is expected to grow at a CAGR of 59.0
over the forecast period. Moreover,
sport-centric regions such as North America and
Europe are experiencing high adoption of HMDs for
VR. HMD helps in analyzing individual performance
and has tremendous popularity among sports like
athletics, skiing, and cycling. Europe virtual
reality market is expected to grow at a CAGR of
58.0 during the forecast period. Retail and
manufacturing industry contributes largest shares
in generating revenue from VR products and
services in Europe. Latin America and the Middle
East are also adopting the virtual reality
technology with the increasing awareness and
impact of digital transformation in all industry
verticals.
6
Global Virtual Reality Market Outlook 2016-2024
Insights, Trends, Demand Competitors Analysis
Global Virtual Reality Market Outlook 2024
contains detailed overview of the global virtual
reality market in terms of market segmentation by
components, by devices and by end user. Further,
for the in-depth analysis, the virtual reality
market report encompasses the industry growth
drivers, market challenges, risk analysis, market
attractiveness, BPS (Base Point Scale) analysis,
Porters five force model and SWOT analysis.
Global virtual reality market report also
provides competitive outlook of some of the major
players of global virtual reality market which
includes profiling of companies such as Google
Inc., Oculus VR LLC, Sony Corporation, Samsung
Electronics Co. Ltd., Microsoft Corporation, HTC
Corporation, Ziess International, Vuzix
Corporation, CyberGlove Systems LLC, Barco NV,
Leap Motion, Inc., WorldViz, Cyberith GmbH, EON
Reality Inc., Virtalis Limited, Sixense
Entertainment, Inc. and Marxent Labs LLC. The
company profiles include business strategy,
geographical revenue distribution, major
information of the companies which encompasses
business outlook, products, services and
industries catered, financial analysis of the
company and recent developments. Overall, the
report represents comprehensive synopsis on the
global virtual reality market trends that will
help industry consultants, equipment
manufacturers, existing players searching for
expansion opportunities, new players searching
possibilities and other stakeholders to align
their market centric strategies according to the
ongoing and expected trends in the future.
7
Global Virtual Reality Market Outlook 2016-2024
Insights, Trends, Demand Competitors Analysis
  • Scope Background
  •  Market Synopsis
  •  
  • Market Segmentation
  •  
  • The Global Virtual Reality Market Segmentation
    as follows
  • By Components (Market Size, Demand Analysis and
    Growth Analysis)
  • By Devices (Market Size, Demand Analysis and
    Growth Analysis)
  • By End-User (Market Size, Demand Analysis and
    Growth Analysis)
  • By Country
  • North America (U.S., Canada) Market Size, Growth
    Analysis and Opportunity Analysis
  • Latin America (Argentina, Mexico, Brazil and Rest
    of Latin America) Market Size, Growth Analysis
    and Opportunity Analysis
  • Europe (Germany, Italy, Spain, France, The U.K.,
    Netherlands, Sweden, Hungary, Russia, Poland,
    Rest of Europe) Market Size, Growth Analysis and
    Opportunity Analysis
  • Asia-Pacific (China, India, Singapore, Japan,
    Australia, New Zealand, South Korea and Rest of
    Asia Pacific) Market Size, Growth Analysis and
    Opportunity Analysis
  • Middle East and North Africa (MENA) Market Size,
    Growth Analysis and Opportunity Analysis
  • Rest of World  Market Size, Growth Analysis and
    Opportunity Analysis

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8
Global Virtual Reality Market Outlook 2016-2024
Insights, Trends, Demand Competitors Analysis
  • Market Dynamics Growth Drivers, Restraints and
    Opportunities
  • Risk Factors
  • Regional Variations
  • Recent Trends and Developments
  • Key Market Players
  • Synopsis
  • Business Strategy
  • Product Portfolio
  • SWOT Analysis
  • Porters Five Force Model
  • Market Landscape Competition and Beyond
  • Market outlook for business players and entry
    level players to ascertain their business in
    dynamic ecosystem
  • Expert Analysis
  • Concluding Remarks

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Global Virtual Reality Market Outlook 2016-2024
Insights, Trends, Demand Competitors Analysis
About Goldstein Research Based in U.S., Goldstein
Research is a young business consulting and
market research firm with vast reach across
America, Asia and parts of Europe and the Middle
East. In the next five years, we strive to
expand our reach to 50 nations spanning across
Europe, Asia and parts of the Middle East and
Africa. We strive to realize a strong brand
presence globally through our quality research
and forecasting solutions. With 30 domain
experts and 50 employees working day and night
to crunch numbers and bring out the best and
detailed market reports and forecasts, we strive
to enable you to foresee upcoming market
challenges and develop a robust business model
and strategies, which would add to your
profitability and market visibility as a
brand. Our mission is simple to develop
insightful business solutions, help our clients
make powerful future decisions to keep them well
ahead of the game which is the market, and leave
a mark across businesses and communities through
our well-defined ideas and clear cut forecasts.
Our mission is simple to develop insightful
business solutions, help our clients make
powerful future decisions to keep them well ahead
of the game which is the market, and leave a mark
across businesses and communities through our
well-defined ideas and clear cut forecasts.
10
Global Virtual Reality Market Outlook 2016-2024
Insights, Trends, Demand Competitors Analysis
Sample Request
For more information Contact Us
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Global Virtual Reality Market Outlook 2016-2024
Insights, Trends, Demand Competitors Analysis
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