Virtual Reality Market - Global Forecast to 2022

Jul 19, 2016 - Markets and Markets - 172 pages - USD $5,650
Report Summary Table of Contents Request Details Related
Virtual Reality Market by Component (Hardware and Software), Technology (Non-Immersive, Semi- & Fully Immersive), Device Type (Head-Mounted Display, Gesture Control Device), Application and Geography - Global Forecast to 2022

"Increasing adoption of head-mounted displays in gaming and entertainment to drive the virtual reality market"

The virtual reality market size, in terms of value, is expected to grow from USD 1.37 billion in 2015 to USD 33.90 billion by 2022, at a CAGR of 57.8% between 2016 and 2022. Virtual reality manufacturers witnessed an increased shipment of devices for various applications such as consumer and commercial among others. The growing demand for smartphones and the growth of mobile VR in the near future would drive the virtual reality market.

"The virtual reality market for head-mounted displays to grow at a high rate during the forecast period"

The head-mounted displays have a high potential for growth, owing to their easy availability and high demand in gaming applications. "Asia-Pacific expected to be the fastest-growing region"

The presence of companies such as the Sony Corporation (Japan), HTC Corporation (Taiwan), and Samsung Electronics Co., Ltd. (South Korea) has helped the growth of the VR market in the APAC region. The growing consumer and commercial markets with increased investments in the APAC region such as Japan, India, and China would help the growth of the virtual reality market in APAC.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of profile of primary participants is given below:
  • By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
  • By Designation: C-Level Executives - 35%, Directors - 25%, and Others - 40%
  • By Region: North America - 45%, Europe - 20%, APAC - 30%, and RoW - 5%
The key players in the virtual reality market profiled in the report are as follows:

1. Oculus VR, LLC (U.S.)

2. Sony Corporation (Japan)

3. HTC Corporation (Taiwan)

4. Samsung Electronics Co., Ltd. (South Korea)

5. EON Reality Inc. (U.S.)

6. Google Inc. (U.S.)

7. Microsoft Corporation (U.S.)

8. Vuzix Corporation (U.S.)

9. CyberGlove Systems, Inc. (U.S.)

10. Sensics, Inc. (U.S.)

11. Leap Motion, Inc. (U.S.)

12. Sixense Entertainment, Inc. (U.S.)

The report would help the market leaders/new entrants in this market in the following ways:

1. This report segments the virtual reality market comprehensively and provides the closest approximations of the overall market size and that of the subsegments across different verticals and regions.

2. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

3. This report would help stakeholders to understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product developments and launches, partnerships, and mergers & acquisitions in the virtual reality market.

Order Today!
FORMAT: Single User PDF - Delivered by Email $5,650 USD
LICENSE: Single User
DELIVERY: By Email - 1 Business Day

The Fast Market Research Advantage
Only the Best
All of our research is sourced from the most trusted and established global analysts and consultancies

Client Focused
From start-ups to multinationals, we focus on providing the right research to our diverse client base

Shop Securely
Our US-based customer service team and eCommerce systems adhere to the highest data security standards

Industry-leading Customer Support
Individualized assistance from our expert staff is never more than an email or phone call away

We are committed to providing the best research at the lowest cost. We will match any published price for the same report, guaranteed!

Once you’ve found the right report, click ‘order now’ and complete the checkout process using any major credit card, check or wire/bank transfer.

Need multi-user or enterprise license pricing? Contact us for a custom quote!
MC, Visa, AMEX, Diners, Discovery, JCB

About the Publisher
MarketsandMarkets (M&M) is a global market research and consulting company based in the U.S. The company publishes high-level strategically analyzed reports for over ten industry verticals and serves as a business intelligence partner to Fortune 500 companies across the world.