Virtual Reality Hardware Market 2019 Competitive Analysis, by
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Global virtual reality hardware market: Key Trends
The prominent players in the global virtual reality hardware market are Google, Microsoft, Facebook Technologies, LLC., Sony Interactive Entertainment Europe Limited, SAMSUNG ELECTRONICS CO., LTD., HTC Corporation, EON Reality Inc., and VUZIX, among others.
Global virtual reality hardware market: Overview
Video game is one of the major applications of VR technology. VR is considered as one of the hottest topics in gaming trends, and grabbed the attention of the potential market. VR acted as a game changer in the gaming sector and improved user experience. The number of gamers worldwide has increased which is attributed to increased demand for virtual reality-based games. 360 degrees vision, excellent sound, full immersion and increased realism to the gamer is been delivered in gaming by VR. Moreover, the user can interact with the 3D creatures that appear on the screen. Early adoption of its head-mounted displays in gaming has driven the virtual reality market growth. The use of gesture-tracking devices provides additional features. Driven by technological advancements, it is now possible to transform most of the computer games into a virtual reality format allowing users to experience new and better interaction. Companies are continuously launching new games and content.
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Global virtual reality hardware market: Market Potential
One of the major factors consumers hesitate is the price of the equipment. Other factors such as, VR headsets with wire for connectivity which emerges as the obstacle in a natural movement, display latency and high energy consumption affect the overall performance of VR devices, which in turn are expected to impede the growth of this market.
Global virtual reality hardware market: Regional Outlook
Asia Pacific is estimated to witness the highest CAGR during the forecast period. Increase in number of start-ups, adoption of the latest technologies, for applications such as gaming and entertainment in emerging economies like China is anticipated to present a lucrative growth scenario for the VR market in this region. China is expected to account for a prominent share in the region. For instance, Palapple is developing its own VR products and has also created a project called VResidence, which offers a number of virtual reality real estate products, including an online platform for second-hand property.
**Global virtual reality hardware market: Table Of Content
COMPETETIVE LANDSCAPE
Key Players & Their Competitive Positioning (2018)
Key Strategies Assessment
New Product Launches
Merger & Acquisitions
Agreements, Collaborations, & Partnerships
Expansions
Other Strategies
COMPANY PROFILES (Business Overview, Products offered, Financial Performance*, Recent Developments)
Microsoft
Facebook Technologies, LLC.
Sony Interactive Entertainment Europe Limited.
SAMSUNG ELECTRONICS CO., LTD.
HTC Corporation
EON Reality Inc.
VUZIX
Other Prominent Players
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