Global Virtual Reality market will reach USD 32.38 billion by 2025

reogma|Global Virtual Reality market will reach USD 32.38 billion by 2025

The global virtual reality market was valued at USD 10.32 billion in the year 2019 and is estimated to reach USD 12.48 billion by the year 2020.

It is expected to grow at the CAGR of 21.6% within the time horizon of 2020-2025 because of growing smartphones penetration rate, growing adoption of VR in gaming market, existing pandemic outbreak of COVID-19 disease, and increase in investment for the VR technology.

Its market value will reach USD 32.38 billion by the end of the year 2025.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Trends
  • Industry Challenges
  • Technology Trends
  • Pricing Trends
  • Regulatory Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Distribution Chain Analysis
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

Virtual reality is the computer interference that provides 3-D dimensional visual experience to the users. It uses the sensory devices, specifically designed headsets, and glasses to create the stimulated environment and visual immersion.

It projects 3D computer generated environment in which user can interact with person as a part of the near-reality world. This type of technology is used in the sector gaming & entertainment industry, educational sector, architecture, tourism, and other sectors. The global virtual reality market is concerned with the development, distribution and sale of hardware and software for virtual reality.

Based on components and application, the global virtual reality market comprised of following segments:

reogma|Global Virtual Reality market will reach USD 32.38 billion by 2025


This report is 13 mins read | Subscribe now to read further.

Access all reports on site for only US$9.99/mo


Leave a Reply

Next Post

Global Smart Mirror market will reach USD 5.95 billion by 2025

Sun Jul 5 , 2020
The global virtual reality market was valued at USD 10.32 billion in the year 2019 and is estimated to reach USD 12.48 billion by the year 2020. It is expected to grow at the CAGR of 21.6% within the time horizon of 2020-2025 because of growing smartphones penetration rate, growing […]
reogma|Global Virtual Reality market will reach USD 32.38 billion by 2025reogma|Global Virtual Reality market will reach USD 32.38 billion by 2025

Tags

Tags

Newsletter Signup

Subscribe to our newsletter below and never miss the latest product or an exclusive offer.