Virtual Reality Market - Trends & Forecasts to 2014-2020

DUBLIN, Sept. 14, 2015 — (PRNewswire) —

Research and Markets( http://www.researchandmarkets.com/research/s2tpw3/virtual_reality) has announced the addition of the "Virtual Reality Market by Technology, Device, Component, Application, Geography - Trends & Forecasts to 2014-2020" report to their offering.

600769

Virtual Reality Market by Technology (Semi & Fully Immersive), Device (HMD, gesture Tracking), Component (Sensor, Display, Software), Application (Gaming, Entertainment, and Industrial), Geography - Trends & Forecasts to 2014-2020.

This market is expected to grow rapidly in the coming years; the market is projected to reach $15.89 Billion by 2020 at a considerable CAGR of 63.18% between 2015 and 2020.

Virtual reality can be segmented on the basis of the level of immersion experienced by the user in the virtual environment. There are two technology types of virtual reality, namely, semi-immersive and fully immersive. In the semi-immersive virtual technology, the user can experience the real world as well as the virtual environment; the users perceive a strong involvement in the virtual environment. The fully-immersive VRT enables users to completely experience and interact with the virtual environment.

The fully-immersive technology occupies the largest share in the market. In this report, virtual devices such as head mounted displays, gesture tracking devices, and projectors and display walls are considered. The HMD is a significant device that is majorly used in this market owing to its capability to provide a fully-immersive experience and its suitability for multiple applications. There are some common components that are embedded in virtual reality systems which include semiconductor components, sensors, displays, and software. The software market is projected to grow rapidly in the coming years given the increasing growth of different applications such as gaming, entertainment, retail and marketing, and others.

This report describes market trends, drivers, and challenges for the market and forecasts the market size for the period between 2015 and 2020 on the basis of technology, device, component, application, and geography. The company profiles include the company overview, financial overview, products & services, and the recent developments. This report covers regions such as North America, Europe, APAC, and RoW (Rest of the World).

The growth of the virtual reality market is driven by the availability of advanced virtual reality devices such as HMDs and the increasing demand for virtual reality in the gaming and entertainment applications. The North American region held the largest share in this market, followed by the APAC region.

Some of the major companies present in the market are Oculus VR, Inc. (U.S.), Samsung Electronics Co., Ltd (Korea), Eon Reality, Inc. (U.S.), Vuzix Corporation (U.S.), Sensics, Inc. (U.S.), Leap Motion, Inc. (U.S.), Sixense Entertainment, Inc. (U.S.), Cyberglove Systems LLC (U.S.), Microsoft Corporation (U.S.), and Barco N.V. (Belgium) among others.

For more information visit http://www.researchandmarkets.com/research/s2tpw3/virtual_reality

Media Contact: Laura Wood , +353-1-481-1716, Email Contact

To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/virtual-reality-market---trends--forecasts-to-2014-2020-300142146.html

SOURCE Research and Markets

Contact:
Research and Markets
Web: http://www.researchandmarkets.com

Featured Video
Jobs
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Principal Engineer for Autodesk at San Francisco, California
Equipment Engineer, Raxium for Google at Fremont, California
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Mechanical Engineer 2 for Lam Research at Fremont, California
Business Technology Analyst for Surface Water Management at Everett, Washington
Upcoming Events
World Architecture Festival 2024 at Marina Bay Sands Singapore - Nov 6 - 8, 2024
Dimensions User Conference 2024 at The Venetian Resort Las Vegas NV - Nov 11 - 13, 2024
Greenbuild 2024 at Pennsylvania Convention Center Philadelphia PA - Nov 12 - 15, 2024
Digital Construction North (DCN) 2024 at Manchester Central. Manchester United Kingdom - Nov 13, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise