The global virtual reality market is expected to grow at a CAGR of around 30% during the forecast period. The market is driven by factors such as increasing demand for immersive technologies, growing adoption of VR in commercial and industrial applications, and rising investments in VR technology.
NoImmersive Technology segment accounted for the largest share of the global virtual reality market in 2018. This segment is expected to continue its dominance throughout the forecast period owing to its low cost and ease of use. SemImmersive Technologies are expected to witness significant growth during the forecast period due to their ability to provide a more immersive experience than NoImmersive Technologies. Fully Immersive Technologies are also anticipated to grow significantly over the next few years owing to their high-quality graphics and sound effects that make them more realistic than other types of VR technologies.
-The VR market is expected to grow from $5.2 billion in 2016 to $162 billion by 2020.
-VR headsets are becoming more affordable and accessible, with the Oculus Rift priced at $599 and the HTC Vive priced at $799.
-VR is being used for a variety of purposes, including education, healthcare, engineering, design and entertainment. For example, students can use VR to learn about historical events or medical students can use it for training on surgery procedures -VR has been used in therapy sessions for people with PTSD or phobias. It has also been used as a tool for treating addiction disorders such as alcoholism or smoking cessation -Virtual Reality is being used in engineering projects such as designing cars or airplanes without having to build physical prototypes first.
Industry Growth Insights published a new data on “Virtual Reality Market”. The research report is titled “Virtual Reality Market research by Types (Non-Immersive Technology, Semi-Immersive and Fully Immersive Technologies), By Applications (Consumer, Commercial, Aerospace and Defense, Medical, Industrial, Others), By Players/Companies Oculus VR, Sony, Samsung Electronics, HTC, EON Reality, Google, Microsoft, Vuzix, Cyberglove Systems, Sensics, Leap Motion, Sixense Entertainment”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Virtual Reality Market Research Report
By Type
Non-Immersive Technology, Semi-Immersive and Fully Immersive Technologies
By Application
Consumer, Commercial, Aerospace and Defense, Medical, Industrial, Others
By Companies
Oculus VR, Sony, Samsung Electronics, HTC, EON Reality, Google, Microsoft, Vuzix, Cyberglove Systems, Sensics, Leap Motion, Sixense Entertainment
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Virtual Reality Market Report Segments:
The global Virtual Reality market is segmented on the basis of:
Types
Non-Immersive Technology, Semi-Immersive and Fully Immersive Technologies
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer, Commercial, Aerospace and Defense, Medical, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Oculus VR
- Sony
- Samsung Electronics
- HTC
- EON Reality
- Google
- Microsoft
- Vuzix
- Cyberglove Systems
- Sensics
- Leap Motion
- Sixense Entertainment
Highlights of The Virtual Reality Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Non-Immersive Technology
- Semi-Immersive and Fully Immersive Technologies
- By Application:
- Consumer
- Commercial
- Aerospace and Defense
- Medical
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Virtual Reality Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Virtual reality is a technology that allows users to experience a simulated environment, typically one in which they are able to move around and interact with objects.
Some of the major players in the virtual reality market are Oculus VR, Sony, Samsung Electronics, HTC, EON Reality, Google, Microsoft, Vuzix, Cyberglove Systems, Sensics, Leap Motion, Sixense Entertainment.
The virtual reality market is expected to register a CAGR of 30%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Virtual Reality Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Virtual Reality Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Virtual Reality Market - Supply Chain
4.5. Global Virtual Reality Market Forecast
4.5.1. Virtual Reality Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Virtual Reality Market Size (000 Units) and Y-o-Y Growth
4.5.3. Virtual Reality Market Absolute $ Opportunity
5. Global Virtual Reality Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Virtual Reality Market Size and Volume Forecast by Type
5.3.1. Non-Immersive Technology
5.3.2. Semi-Immersive and Fully Immersive Technologies
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Virtual Reality Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Virtual Reality Market Size and Volume Forecast by Application
6.3.1. Consumer
6.3.2. Commercial
6.3.3. Aerospace and Defense
6.3.4. Medical
6.3.5. Industrial
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Virtual Reality Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Virtual Reality Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Virtual Reality Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Virtual Reality Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Virtual Reality Demand Share Forecast, 2019-2026
9. North America Virtual Reality Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Virtual Reality Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Virtual Reality Market Size and Volume Forecast by Application
9.4.1. Consumer
9.4.2. Commercial
9.4.3. Aerospace and Defense
9.4.4. Medical
9.4.5. Industrial
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Virtual Reality Market Size and Volume Forecast by Type
9.7.1. Non-Immersive Technology
9.7.2. Semi-Immersive and Fully Immersive Technologies
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Virtual Reality Demand Share Forecast, 2019-2026
10. Latin America Virtual Reality Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Virtual Reality Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Virtual Reality Market Size and Volume Forecast by Application
10.4.1. Consumer
10.4.2. Commercial
10.4.3. Aerospace and Defense
10.4.4. Medical
10.4.5. Industrial
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Virtual Reality Market Size and Volume Forecast by Type
10.7.1. Non-Immersive Technology
10.7.2. Semi-Immersive and Fully Immersive Technologies
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Virtual Reality Demand Share Forecast, 2019-2026
11. Europe Virtual Reality Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Virtual Reality Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Virtual Reality Market Size and Volume Forecast by Application
11.4.1. Consumer
11.4.2. Commercial
11.4.3. Aerospace and Defense
11.4.4. Medical
11.4.5. Industrial
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Virtual Reality Market Size and Volume Forecast by Type
11.7.1. Non-Immersive Technology
11.7.2. Semi-Immersive and Fully Immersive Technologies
11.8. Basis Point Sare (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Virtual Reality Demand Share, 2019-2026
12. Asia Pacific Virtual Reality Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Virtual Reality Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Virtual Reality Market Size and Volume Forecast by Application
12.4.1. Consumer
12.4.2. Commercial
12.4.3. Aerospace and Defense
12.4.4. Medical
12.4.5. Industrial
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Virtual Reality Market Size and Volume Forecast by Type
12.7.1. Non-Immersive Technology
12.7.2. Semi-Immersive and Fully Immersive Technologies
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Virtual Reality Demand Share, 2019-2026
13. Middle East & Africa Virtual Reality Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Virtual Reality Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Virtual Reality Market Size and Volume Forecast by Application
13.4.1. Consumer
13.4.2. Commercial
13.4.3. Aerospace and Defense
13.4.4. Medical
13.4.5. Industrial
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Virtual Reality Market Size and Volume Forecast by Type
13.7.1. Non-Immersive Technology
13.7.2. Semi-Immersive and Fully Immersive Technologies
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Virtual Reality Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Virtual Reality Market: Market Share Analysis
14.2. Virtual Reality Distributors and Customers
14.3. Virtual Reality Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Oculus VR
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sony
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Samsung Electronics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. HTC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. EON Reality
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Google
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Microsoft
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Vuzix
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cyberglove Systems
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sensics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Leap Motion
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sixense Entertainment
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
