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Virtual reality market scrutinized in new research

Virtual reality market scrutinized in new research

Virtual Reality (VR) is about to become mainstream and could surpass US$ 40 Billion market by 2020. Virtual reality involves the creation of a virtual world that interacts with consumers.

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Description

This virtual world is designed in a way that it appears more realistic to the users, while they can’t differentiate between the real and virtual. The technology giants are making huge investments in the virtual reality market landscape, such as Facebook's US$ 2 Billion acquisition of Oculus virtual reality (VR) headset.

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Samsung through innovation with Oculus VR has also produced virtual reality devices for use, along with its top leading smartphones. The major growth driver of virtual reality market includes growing digitization, advancement of technology, increasing demand for head mounted displays in gaming and entertainment industries, and rising investment in virtual reality market among others.

However, high cost of devices and lack of technical expertise are the factors among others which are hindering the growth of Virtual Reality Market.

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 Key Highlights of the Report:  • The VR hardware component accounted for maximum share of the market in 2016. • The virtual reality market for software components is expected to grow at the highest rate during the forecasting period.

• The head-mounted display (HMD) captures maximum share of the virtual reality hardware market. • The video games application captured largest share of the virtual reality software market.

• The live events application is predicted to capture xx% share of the virtual reality software market by 2020. • During 2016, the PC segment accounted for the largest revenue share of the global VR content market.

• Mobile devices platform is likely to capture xx% share of the virtual reality market by 2020. • The big giants like Sony, Facebook, Google, and Samsung dominate virtual reality, with over 50% market share in 2016.

• Microsoft ranks as one of the lowest, with a xx% market share, but this is likely to change in the coming years. • Samsung's Gear VR is the biggest product in the smartphone-based VR market today.
 

RESEARCH report titled “Global Virtual Reality Market (Hardware and Software) and Forecast to 2020” provides a comprehensive assessment of the fast-evolving, high-growth Virtual Reality Market. This 124 Page report with 41 Figures and 8 Tables has been analyzed from 11 viewpoints: 1. Global Virtual Reality Market an…st (2014 - 2020) Make an Inquiry about this news
2. Global Virtual Reality Market and Forecast - By Component (2014 - 2020)
3. Global Virtual Reality Hardware Market and Forecast - By Segment (2014 - 2020)
4. Global Virtual Reality Software Market and Forecast -By Application (2016 - 2020)
5. Global Virtual Reality Market - Key Company Share (2016)
6. Global Virtual Reality Sales Volume - Key Company Sales (2016)
7. Global Virtual Reality Market and Forecast - By Platform (2016 - 2020)
8. Global Virtual Reality Mergers and Acquisitions
9. Recent Involvement in Virtual Reality by Technology Giants
10. Global Virtual Reality Market - Key Company Profile
11. Global Virtual Reality Market - Growth Drivers and Challenges Global Virtual Reality Market and Forecast - By Component • Hardware
• Software Global Virtual Reality Hardware Market and Forecast - By Segment • Head Mounted Display (HMD)
• Input System Global Virtual Reality Software Market and Forecast - By Application 1. Video Games
2. Video Entertainment
3. Live Events
4. Wellness
5. Tourism
6. Social
7. Healthcare
8. Engineering
9. Real Estate
10. Education
11. Retail
12. Others Global Virtual Reality Market and Forecast - By Platform 1. Mobile
2. Console
3. PC Global Virtual Reality Market - Key Company Profile 1. Sony
2. Microsoft
3. Facebook
4. HTC
5. Google
6. Samsung Electronics
7. GoPro

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Table of Contents

  1. Executive Summary
    2. Global Virtual Reality Market and Forecast (2014 - 2020)
    2.1 Global Virtual Reality Hardware Market and Forecast
    2.2 Global Virtual Reality Software Market and Forecast
    3. Global Virtual Reality Market Share and Forecast
    3.1 Global Virtual Reality Market Share and Forecast (2014 - 2020)
    3.2 Global Virtual Reality Market Share and Forecast - By Platform (2016 - 2020)
    3.3 Global Virtual Reality Hardware Market Share and Forecast (2014 - 2020)
    3.4 Global Virtual Reality Software Market Share and Forecast - By Application (2016 - 2020)
    4. Global Virtual Reality Market - Key Company Share (2016)
    5. Global Virtual Reality Sales Volume - Key Company Sales (2016)
    6. Global Virtual Reality Hardware Market and Forecast
    6.1 Global Virtual Reality Head Mounted Display (HMD) Market and Forecast (2014 - 2020)
    6.1.1 Global Head Mounted Display (HMD) Early Majority Market and Forecast
    6.1.2 Global Head Mounted Display (HMD) Early Adopters Market and Forecast
    6.1.3 Global Head Mounted Display (HMD) Innovators Market and Forecast
    6.2 Global Virtual Reality Input System Market and Forecast (2014 - 2020)
    6.2.1 Global Input System Early Majority Market and Forecast
    6.2.2 Global Input System Early Adopters Market and Forecast
    6.2.3 Global Input System Innovators Market and Forecast
    7. Global Virtual Reality Software Market and Forecast - By Application (2016 - 2020)
    7.1 Virtual Reality Video Games Application Market and Forecast
    7.2 Virtual Reality Video Entertainment Application Market and Forecast
    7.3 Virtual Reality Live Events Application Market and Forecast
    7.4 Virtual Reality Wellness Application Market and Forecast
    7.5 Virtual Reality Tourism Application Market and Forecast
    7.6 Virtual Reality Social Application Market and Forecast
    7.7 Virtual Reality Healthcare Application Market and Forecast
    7.8 Virtual Reality Engineering Application Market and Forecast
    7.9 Virtual Reality Real Estate Application Market and Forecast
    7.10 Virtual Reality Education Application Market and Forecast
    7.11 Virtual Reality Retail Application Market and Forecast
    7.12 Virtual Reality Others Application Market and Forecast
    8. Global Virtual Reality Market and Forecast - By Platform (2016 - 2020)
    8.1 Mobile
    8.2 Console
    8.3 PC
    9. Global Virtual Reality Mergers and Acquisitions
    10. Recent Involvement in Virtual Reality by Technology Giants
    11. Global Virtual Reality Market - Key Company Profile
    11.1 Sony
    11.1.1 Company Overview
    11.1.2 Virtual Reality Initiatives
    11.2 Microsoft
    11.2.1 Company Overview
    11.2.2 Virtual Reality Initiatives
    11.3 Facebook
    11.3.1 Company Overview
    11.3.2 Virtual Reality Initiatives
    11.4 HTC
    11.4.1 Company Overview
    11.4.2 Virtual Reality Initiatives
    11.5 Google
    11.5.1 Company Overview
    11.5.2 Virtual Reality Initiatives
    11.6 Samsung Electronics
    11.6.1 Company Overview
    11.6.2 Virtual Reality Initiatives
    11.7 GoPro
    11.7.1 Company Overview
    11.7.2 Virtual Reality Initiatives
    12. Global Virtual Reality Market - Growth Drivers
    12.1 Recent Initiatives Taken by Key Players Will Fuel the Market Growth
    12.2 VR Applications Hold Promising Solutions for Businesses
    12.3 Increasing Investment in Virtual Reality
    12.4 Technological Advancement
    13. Global Virtual Reality Market - Challenges
    13.1 Issues in Developing Better Tracking Systems and Building Virtual Spaces
    13.2 Expensive Hardware Restricts Virtual Reality Market Growth

Continued…

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