Global Virtual Reality Market To Grow At A CAGR Of 48.89% During The Period 2017-2021

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Virtual reality (VR) is defined as a three-dimensional computer-generated environment. VR is implemented using a computer technology and a range of systems, including headsets and special gloves, that make the user a part of the virtual world. VR provides an immersive experience by connecting the user to the VR world. The user experiences a feeling of involvement, which is intelligently designed by experts. VR is a combination of hardware, software, and sensory synchronicity to achieve a sense of presence. VR has gained immense popularity worldwide because of the development of immersive films and 360-degree videos. VR systems allow a three-dimensional view of images.

Technavios analysts forecast the global virtual reality market to grow at a CAGR of 48.89% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global virtual reality market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Virtual Reality Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

VR market vendors
360 Labs
Netflix
Samsung Electronics
Google
Koncept VR
Jaunt
DODOcase
I AM CARDBOARD
KNOXLABS
OnePlus
PowisVR
Unofficial Cardboard
ZEISS VR ONE
HOMIDO
Mattel
Samsonite IP Holdings
MR.CARDBOARD
Facebook (Oculus VR)
HTC
Open Source Virtual Reality
Sony
Zebronics
FOVE
LG Electronics
CyberGlove Systems
MANUS VR
NeuroDigital Technologies
Virtalis
Dexta Robotics
Synertial
Spinview Global
VRscape
AppReal
Erminesoft

Market driver
Declining prices of VR hardware
For a full, detailed list, view our report

Market challenge
High VR app development costs
For a full, detailed list, view our report

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Market trend
Use of inside-out tracking technology in VR headsets
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

Latest Release | Global Virtual Reality Market: Industry Analysis & Outlook (2017-2021) - Facebook, Google, Microsoft Corporation, HTC Corporation

Researchmoz added Most up-to-date research on "Global Virtual Reality Market: Industry Analysis & Outlook (2017-2021)" to its huge collection of research reports.

Virtual Reality (VR) is a computer technology used to create an artificial environment for users in such a form that seems as a real environment. Virtual reality means near-reality which generates realistic images, sounds and other sentiments that stimulate user presence in the virtual environment.

In simpler form, virtual reality is a 3D image that explores interactively at a computer and the image can be manipulated with the help of keys to give directions or zoom in or out. Augmented reality (AR) is also a form of VR which layers virtual information over live camera feed into headset or smartphone or tablet device. There is a difference between AR and VR. Augmented Reality is a method by which a real environment is supplemented by computer touch inputs, such as graphics, sound or video. Augmented reality improves real life with artificial images and adds graphics, while virtual reality replaces the real world with artificial ones. In AR, the user can interact with the real world, but in VR users cannot interact with the real world.

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The VR platform is divided into two components including software and hardware. The software segment mainly contains content that is displayed through the HMD, which is a hardware component of the VR. Virtual reality has many applications in the real world. Today, virtual reality sets with 360-degree interactive environments are seen as the latest breakthrough in modern technology, while they can significantly affect how consumers work, entertain, make purchases and participate in social activities.

The growth of the market will mainly be driven by increasing VR users, rising disposable income, increasing investment, increasing GDP, rising smart phones users, use of VR for gaming. Key trends of this market include rising technological advancement, expanding applications, the launch of new products and increasing hardware investment. However, the growth of the market will also be hindered by inadequate content offering, limited use, expensive products and security issues.

The report “Global Virtual Reality Market: Industry Analysis & Outlook (2017-2021)” analyzes the development of this market. The major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report. The four major players: Facebook, Google, Microsoft Corporation and HTC Corporation are being profiled along with their key financials and strategies for growth. The report contains a comprehensive analysis of the global VR market.

Table of Content

1. Market Overview1.1 Introduction
1.2 History of VR
1.3 Working of VR
1.4 Components of VR
1.5 Technology
1.6 Applications

2. Global Virtual Reality Market
2.1 Global VR Market Forecast by Value
2.2 Global VR Market by Component
2.2.1 Global Content VR Market Forecast by Value
2.2.2 Global Hardware VR Market Forecast by Value
2.3 Global Hardware VR Market
2.3.1 Global Hardware VR Market by Category
2.3.2 Global VR Input System Market Forecast by Value
2.3.3 Global VR HMD Market Forecast by Value
2.4 Global VR HMD Market
2.4.1 Global VR HMD Market Forecast by Volume
2.4.2 Global VR HMD Mobile Market by Volume
2.4.3 Global VR HMD PC Market by Volume
2.4.4 Global VR HMD Console Market by Volume
2.5 Global VR Market by End User Segment
2.6 Prices of VR HMDs by Segment

3. Market Dynamics
3.1 Growth Drivers
3.1.1 Increasing VR User Base
3.1.2 Increasing Investment in VR Technology
3.1.3 Increasing GDP Per Capita
3.1.4 Increasing Number of Smartphone Users
3.1.5 Accelerating Demand for Internet of Things (IoT)
3.1.6 Use of VR for Gaming
3.2 Key Trends & Developments
3.2.1 Rising Technological Advancements
3.2.2 Increasing Demand with Wider Application Base
3.2.3 Increasing Investment in Hardware
3.2.4 Demand for Wearables on Rise
3.2.5 Launch of New Products
3.3 Key Challenges
3.3.1 Too Expensive
3.3.2 Inadequate Content Offering
3.3.3 Limited Adoption of VR Technology
3.3.4 Security Issues

4. Competitive Landscape
4.1 Global VR Market
4.1.1 Revenue and Market Cap Comparison
4.1.2 VR Sales Comparison by Product
4.1.3 VR Product Price Comparison by Company
4.2 Mainstream VR Headsets Comparison

5. Company Profiles
5.1 Facebook, Inc.
5.1.1 Business Overview
5.1.2 Financial Overview
5.1.3 Business Strategies
5.2 Google, Inc.
5.2.1 Business Overview
5.2.2 Financial Overview
5.2.3 Business Strategies
5.3 Microsoft Corporation
5.3.1 Business Overview
5.3.2 Financial Overview
5.3.3 Business Strategies
5.4 HTC Corporation
5.4.1 Business Overview
5.4.2 Financial Overview
5.4.3 Business Strategies

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