Global Virtual Reality Market is expected to reach $22 Billion by 2025 with a CAGR of 29%

GEORGETOWN, Texas - May 13, 2021 - PRLog -- The Virtual Reality Market 2021-2030 is segmented based on By Device Type

• Head-Mounted Display (HMD)
• Gesture-Tracking Device (GTD)
• Projectors & Display Wall (PDW

The Virtual Reality Market 2021-2030 is segmented based on By Component

• Hardware
• Software
• Content

The Virtual Reality Market 2021-2030 is segmented based on By Technology

• Semi & Fully Immersive
• Non-Immersive

Complete analysis of By End-Use Industry segment is also covered including:

• Aerospace & Defense
• Consumer
• Commercial
• Enterprise
• Healthcare
• Others

Regions covered in Virtual Reality Market 2021-2030 include:

• Asia-Pacific
• Europe
• The Middle East and Africa
• North America
• South America

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The main factors aiding the growth of the market during the forecast period.

• Penetration of HMDs in the gaming and entertainment sector post-COVID-19.
• High investments in the VR market.
• Availability of affordable VR devices.

There are few key trends identified, which may impact the growth of the market.

• Penetration of HMDs in healthcare and architectural applications.
• Use of VR in aerospace & defense for training and simulation.
• Increasing demand for VR HMDs in the healthcare sector attributed to the COVID-19 pandemic.
• Advancement of technology and growing digitization.
• Growing adoption of HMDs in different industries.

Factors hindering the growth of the market would include:

• Health concerns relating to low resolution and lack of movement.
• Trade restrictions between the US and China
• Display latency and energy consumption affect the overall performance of VR devices
• Developing user-friendly VR systems

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The report provides insights in the following areas:

• Market Size: Accurate market size and CAGR forecasts for the period 2021-2030
• Market Attractiveness: Analysis of data and identify emerging markets.
• Market penetration Rate: The report analyses the penetration rate of the market based on By Device Type, By Component, By Technology, By End-use Industry, and Region.
• Product Development/Innovation: Comprehensive insights on upcoming products, research and development activities, and product launches in the Companion Virtual Reality Market 2021-2030
• Competitive Landscape: Comparison and analysis of strategies adopted by prominent players operating in Virtual Reality Market 2021-2030 and provided an understanding of the global competitive scenario.

Report Customization Options

We offer customization according to your requirements, below are a few of the customization option examples.

• Country/Regional Analysis: Additional data can be provided at the country level.
• Competitive Analysis: Profiling of additional vendors.
• Segmental Analysis: Addition market segments can be provided.