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Global Virtual Reality Market: By Component: Hardware, Software, Content; By Technology: Non-immersive, Semi and Fully Immersive; By Device; By End Use: Education, Gaming, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Virtual Reality Market Outlook

The global virtual reality market reached a value of USD 18 billion in 2020 and is expected to grow at a CAGR of about 33% in the forecast period of 2021-2026.

 

Global Virtual Reality Market

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North America and Asia Pacific to Dominate the Global Virtual Reality Market

North America, Europe, and Asia Pacific are likely to dominate the global industry in the forecast period. United States is expected to be the dominate the North American market. This is because of the remarkable activity of major key players in the nation. The United States government has also been investing in virtual reality and has started to adopt this technology across fields like military.

Asia Pacific is also one of the leaders of virtual reality market. This is because of the technological developments in the developing economies. 5G connectivity is also increasingly being adopted in nations like Japan and China. Japanese government initiatives have also been favourable to virtual reality industry such as technological grants and funds to VR companies. Europe is also expected to witness significant growth in the coming years because of the technological advancements in the region. The United Kingdom government is also looking for virtual reality projects like virtual farmer market. Latin America and Africa will also register industry growth because of the increasing penetration of gaming and entertainment activities.

 

Virtual Reality: Industry Definition and Segmentation

Virtual reality refers to an artificial 3-dimensional visual environment that is created through computer simulation. The user is also allowed to interact with the interface through sensory equipment like gloves, glasses, and headsets. This technology is used in gaming and entertainment industry for better customer experience. The virtual reality is also finding its use in diverse sectors such as medical, education, and corporate training.

 

Global Virtual Reality Market By Device

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The components of virtual reality industry are classified as:

  • Hardware
  • Software
  • Content

The hardware component is further segmented into sensors and semiconductor components, among others.

By technology, the virtual reality is categorised into:

  • Non-immersive
  • Semi and Fully Immersive

On the basis of device, the industry is segmented into the following:

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

Based on the end use, the virtual reality is classified into:

  • Education
  • Gaming
  • Media and Entertainment
  • Healthcare
  • Military and Defence
  • Real Estate
  • Others

The regional markets for virtual reality can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Virtual Reality Market By Region

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Virtual Reality Market to be Driven by the End Use Industries

The coronavirus pandemic had led to decline in physical interactions and rapid growth of digital and virtual reality industry. The different industries are looking for virtual reality platforms for their working interface. Education and academia have increasingly adopted the virtual reality because of the closing down of educational institutions. Corporate and other trainings are also performed through virtual reality which is providing impetus to industry growth. Gaming and entertainment industry have been recognised the virtual reality potential earlier as the consumers base is swiftly increasing. Healthcare industry and military sectors are also recognising the virtual reality and investing for this technology. The arrival of 5G with faster information transfer will also propel the virtual reality market in the coming years.

 

Key Industry Players in the Global Virtual Reality Market

The report gives a detailed analysis of the following key players in the virtual reality market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Google LLC
  • Sony Corporation
  • HTC Corporation
  • Samsung Electronics Co., Ltd
  • Facebook Technologies, LLC
  • Microsoft Corporation
  • Vuzix Corporation
  • EON Reality, Inc
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Component, Technology, Device, End Use, Region
Breakup by Component Hardware, Software, Content
Breakup by Technology Non-immersive, Semi and Fully Immersive
Breakup by Device Gesture-Tracking Device (GTD), Projectors and Display Wall (PDW), Head Mounted Display (HMD), Others
Breakup by End Use Education, Gaming, Media and Entertainment, Healthcare, Military and Defence, Real Estate, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Google LLC, Sony Corporation, HTC Corporation, Samsung Electronics Co., Ltd, Facebook Technologies, LLC, Microsoft Corporation, Vuzix Corporation, EON Reality, Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Virtual Reality Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Virtual Reality Historical Market (2016-2020) 
    8.3    Global Virtual Reality Market Forecast (2021-2026)
    8.4    Global Virtual Reality Market by Component
        8.4.1    Hardware
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
            8.4.1.4    Breakup by Type
                8.4.1.4.1    Sensors
                    8.4.1.4.1.1    Market Share
                    8.4.1.4.1.2    Historical Trend (2016-2020)
                    8.4.1.4.1.3    Forecast Trend (2021-2026)
                8.4.1.4.2    Semiconductor Components
                    8.4.1.4.2.1    Market Share
                    8.4.1.4.2.2    Historical Trend (2016-2020)
                    8.4.1.4.2.3    Forecast Trend (2021-2026)
                8.4.1.4.3    Others
        8.4.2    Software
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Content
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
    8.5    Global Virtual Reality Market by Technology
        8.5.1    Non-immersive
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Semi and Fully Immersive
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
    8.6    Global Virtual Reality Market by Device
        8.6.1    Gesture-Tracking Device (GTD)
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Projectors and Display Wall (PDW)
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Head Mounted Display (HMD)
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Others
    8.7    Global Virtual Reality Market by End Use
        8.7.1    Education 
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Gaming
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    Media and Entertainment
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2016-2020)
            8.7.3.3    Forecast Trend (2021-2026)
        8.7.4    Healthcare
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2016-2020)
            8.7.4.3    Forecast Trend (2021-2026)
        8.7.5    Military and Defence
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2016-2020)
            8.7.5.3    Forecast Trend (2021-2026)
        8.7.6    Real Estate
            8.7.6.1    Market Share
            8.7.6.2    Historical Trend (2016-2020)
            8.7.6.3    Forecast Trend (2021-2026)
        8.7.7    Others
    8.8    Global Virtual Reality Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country Kingdom
            9.2.3.1    United 
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    Google LLC
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Sony Corporation
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    HTC Corporation
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    Samsung Electronics Co., Ltd
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Facebook Technologies, LLC
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Microsoft Corporation
            11.2.6.1    Company Overview
            11.2.6.2    Product Portfolio
            11.2.6.3    Demographic Reach and Achievements
            11.2.6.4    Certifications
        11.2.7    Vuzix Corporation
            11.2.7.1    Company Overview
            11.2.7.2    Product Portfolio
            11.2.7.3    Demographic Reach and Achievements
            11.2.7.4    Certifications
        11.2.8    EON Reality, Inc.
            11.2.8.1    Company Overview
            11.2.8.2    Product Portfolio
            11.2.8.3    Demographic Reach and Achievements
            11.2.8.4    Certifications
        11.2.9    Others
12    Industry Events and Developments


List of Figures and Tables

1.    Global Virtual Reality Market: Key Industry Highlights, 2016 and 2026
2.    Global Virtual Reality Historical Market: Breakup by Component (USD Billion), 2016-2020
3.    Global Virtual Reality Market Forecast: Breakup by Component (USD Billion), 2021-2026
4.    Global Virtual Reality Historical Market: Breakup by Technology (USD Billion), 2016-2020
5.    Global Virtual Reality Market Forecast: Breakup by Technology (USD Billion), 2021-2026
6.    Global Virtual Reality Historical Market: Breakup by Device (USD Billion), 2016-2020
7.    Global Virtual Reality Market Forecast: Breakup by Device (USD Billion), 2021-2026
8.    Global Virtual Reality Historical Market: Breakup by End Use (USD Billion), 2016-2020
9.    Global Virtual Reality Market Forecast: Breakup by End Use (USD Billion), 2021-2026
10.    Global Virtual Reality Historical Market: Breakup by Region (USD Billion), 2016-2020
11.    Global Virtual Reality Market Forecast: Breakup by Region (USD Billion), 2021-2026
12.    North America Virtual Reality Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    North America Virtual Reality Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Europe Virtual Reality Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Europe Virtual Reality Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Asia Pacific Virtual Reality Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Asia Pacific Virtual Reality Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Latin America Virtual Reality Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Latin America Virtual Reality Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Middle East and Africa Virtual Reality Historical Market: Breakup by Country (USD Billion), 2016-2020
21.    Middle East and Africa Virtual Reality Market Forecast: Breakup by Country (USD Billion), 2021-2026
22.    Global Virtual Reality Market Structure

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