Virtual Reality For Consumer Industry with Highest growth in the near future by leading key players
Market
Highlights
The study reveals that North America
region dominates the Virtual Reality For
Consumer Market. With the
technological advancement in virtual reality which is integrated with gesture
control, graphics processing units, hand tracking, haptics, latency
technologies, and others are extensively used in manufacturing the new virtual
reality products. These products such as head-mounted displays (HMDs), VR
accessories, and VR content are generating maximum revenue in virtual reality
for consumer market.
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The North America region is experiencing
higher demand of virtual reality products among consumers as these products are gaining popularity due to the advanced
and latest technologies. The prominent companies such as Microsoft
Corporation (U.S), nDreams, Ltd. (U.S), NextVR, Inc. (U.S), Nvidia Corporation
(U.S), Pixvana, Inc. (U.S), are providing virtual reality for consumer
solutions to improve signal processing functions. Due to the changing market
trends & emerging opportunities technologies, virtual reality for consumer
market is estimated to grow rapidly with a huge demand in the market.
The global virtual
reality for consumer market is expected to reach USD 20 billion at a CAGR of
over 19% by the end of the forecast period.
Taste the market data and market
information presented through more than 30 market data tables and figures
spread over 100 numbers of pages of the project report. Avail the in-depth
table of content TOC & market synopsis on “The Global Virtual Reality for
Consumer Market Research Report -Forecast to 2023”.
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Global Virtual Reality
for Consumer Market Segmentation
The global virtual reality for consumer market is
segmented into component, technology, deployment application, stimulations,
and region. The components are segmented into hardware (head-mounted displays,
VR accessories), software and solutions. The technology is segmented into 3D audio, 3D depth sensors, 4K
and 8K video, adaptive streaming, computer vision and others. The stimulations are segmented into gesture control, hand
tracking, optical tracking, positional tracking and others. The region includes
North America, Europe, Asia Pacific, and rest of the world.
The prominent players in the global virtual reality for
consumer market: Alibaba
Group Holding Limited (China), AltspaceVR (U.S), Amazon.com, Inc. (U.S), Binary
VR Inc. (U.S), Bitmovin (Austria), Facebook (U.S), Google LLC (U.S), HTC Corporation
(Taiwan), Leap Motion, Inc. (U.S), Microsoft Corporation (U.S), nDreams, Ltd.
(U.S), NextVR, Inc. (U.S), Nvidia Corporation (U.S), Pixvana, Inc. (U.S), Sony
Corporation (Japan) and among others.
Market Research
Analysis:
The global virtual reality for consumer
market is studied on the basis of four regions: the Americas, Europe, Asia
Pacific, and Rest of world. North America region is dominating the global
virtual reality for consumer market. The virtual reality for consumer market is
witnessing a high growth due to huge demand for OLED displays, optical
tracking, and positional tracking which is widely used in virtual reality
for consumer solutions. Europe is expected to gain huge growth of virtual
reality for consumer market during the forecast period. Asia Pacific is
expected to witness the highest CAGR in the coming years as the companies
like Alibaba Group Holding Limited (China), Sony Corporation
(Japan) and others are investing in providing innovative virtual reality
solution to the consumers.
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