reports technology
Published on : Dec 29, 2023
The "Virtual Reality Technologies: Global Markets" report has been added to ResearchAndMarkets.com's offering.
The VR market is poised for significant growth, which can be attributed to the growth of the mobile industry, decreasing costs of hardware and software, and rising penetration of industries such as retail, healthcare, e-commerce and automotive. VR standards have been established to ensure a more immersive experience.
In this report, the global VR technologies market is segmented by component, device type, technology, application and region. Components include hardware and software. The hardware segment was valued at $9.7 billion in 2022. It is estimated the VR market for hardware will grow at a CAGR of 23.6% and is forecast to reach $33.6 billion by the end of 2028.
Device types include head-mounted displays (HMDs), projectors and display walls, gesture-control devices and others. Technologies include semi- and fully immersive technology and non-immersive technology. Applications include consumer, commercial, enterprise, healthcare, aerospace and defense, and others.
In this report, the VR market is segmented by region into North America, Europe, Asia-Pacific and RoW. The Asia-Pacific region accounts for the largest share of the global VR technologies market. In 2022, the Asia-Pacific VR market was valued at $6.6 billion. It is projected to be the fastest growing market for VR during the forecast period, growing at a CAGR of 27.5% to reach $27.4 billion by the end of 2028.
This report's scope includes a detailed study of the global and regional markets of VR technology by component, device type, technology and application. The report examines each of these market segments, determines its current market size, and estimates its future market size and compound annual growth rate (CAGR).
The report also provides detailed profiles of the significant VR players and their strategies to enhance their market presence.
The Report Includes
Key Attributes:
Report Attribute | Details |
No. of Pages | 134 |
Forecast Period | 2023 - 2028 |
Estimated Market Value (USD) in 2023 | $21.1 Billion |
Forecasted Market Value (USD) by 2028 | $66.9 Billion |
Compound Annual Growth Rate | 26.0% |
Regions Covered | Global |
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
Chapter 4 Market Dynamics
Chapter 5 Market Breakdown by Component
Chapter 6 Market Breakdown by Device Type
Chapter 7 Market Breakdown by Technology
Chapter 8 Market Breakdown by Application
Chapter 9 Market Breakdown by Region
Chapter 10 Sustainability in Virtual Reality Market: An Esg Perspective
Chapter 11 Patent Analysis
Chapter 12 M&A and Venture Funding Outlook
Chapter 13 Competitive Landscape
Chapter 14 Company Profiles