Virtual Reality Gaming Market

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Virtual Reality Gaming Market Forecast To 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Virtual Reality Gaming Market Forecast To 2023
Virtual Reality Gaming Market Forecast To 2023
Virtual reality gaming is a form of application
which uses three-dimensional artificial
environment and interact with that
three-dimensional environment during a game. The
artificial environments are created with virtual
reality software. The factors contributing to the
growth of the Virtual Reality Gaming Market are
the use of three-dimensional environment,
developing compact and comfortable virtual
reality gaming devices, increasing demand for
latest technologies in the gaming industry, rise
in disposable income and constant innovation by
virtual reality manufacturers. However, factors
such as lack of awareness about the technology,
limitations of hardware and software among the
virtual reality devices and compatibility issues
are hindering the growth of the virtual reality
in gaming market. The most popular form of
virtual reality is three-dimensional image that
is explored on a computer. Hence, virtual reality
in gaming refers to the use of sound and graphics
technology in games where the gamers use HMDs
(head mounted displays), glasses or gloves.
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Virtual Reality Gaming Market Forecast To 2023
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Virtual Reality Gaming Market Forecast To 2023

• Geographically, North-America accounted for the
  largest market share in the global virtual
  reality in gaming market, whereas Asia-Pacific is
  expected to grow at a fast pace over the forecast
  period, 2017-2023.
• The global virtual reality in gaming market is
  expected to reach approximately USD 14.6 billion
  by the end of 2023 with 30.5 CAGR during
  forecast period 2017-2023.

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Virtual Reality Gaming Market Forecast To 2023
Regional Analysis

• Regionally, North-America accounted for the
  largest market share, owing to decreasing average
  prices of the devices, increasing competition
  among developers, increasing consumer preference
  for smart gadgets and increasing demand for new
  technologies in the gaming industry by the
  youngsters.
• However, Asia-Pacific region is expected to grow
  over the forecast period, 2017-2023. The reason
  is attributed to technological developments, need
  for better picture quality and growing demand for
  electronic gadgets.

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Virtual Reality Gaming Market Forecast To 2023
Application Major Players in this Research

• Virtual Reality Gaming Market Prominent Players
• Arts Inc (U.S.),
• Google (U.S.),
• Newzoo (Netheralnds),
• HTC Corporation (Taiwan),
• Oculus VR, LLC (U.S.),
• Kaneva (U.S.),
• SAMSUNG (South Korea),
• Sony Corporation (Japan),
• ZEISS International (Germany),

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Virtual Reality Gaming Market Forecast To 2023
Virtual Reality Gaming Market Segmented on the
basis of

• Segments
• For the purpose of this study, Market Research
  Future has segmented the market of virtual
  reality in gaming into hardware, software,
  application and region.
• Hardware-
• Devices
• Glasses
• Gloves
• Software Compatibility
• MMOs
• Smartphones
• Casual Web games
• Box PC
• Tablets

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