Virtual Reality - Global Market Outlook (2017-2026)

Virtual Reality - Global Market Outlook (2017-2026)

  • Published: September 2018
  • ID: SMRC17599

According to Stratistics MRC, the Global Virtual Reality Market is accounted for $4.52 billion in 2017 and is expected to reach $212.06 billion by 2026 growing at a CAGR of 53.3% from 2017 to 2026. Rising demand for the use of head-mounted displays in the gaming & entertainment sector, decrease in production costs of display devices, increase in demand for immersive virtual reality and use of VR for training and simulation in the defense sector are some key factors fueling the market growth. However, factors such as high cost of devices and lack of technical expertise are restraining the growth of Market.

Virtual Reality (VR) is transforming the way we relate with the objects and environment around us. Virtual presents a 3D computer generated environment which a person can explore and interact with and the person becomes a part of the near-reality world. Virtual reality is gaining popularity across various sectors such as healthcare, entertainment, real-estate, education, etc. Virtual Reality is being used to offer training to doctors and employees to avoid any mistakes. Digital meetings and conferences in a real-time are becoming possible with Virtual Reality. It is making it more expedient for architects to evaluate designs and see how the structure will look in real.

Amongst Application, Gaming & Entertainment segment held significant market share during the forecast period due to the high penetration of this sector in the gaming industry. In addition, the penetration of head-mounted displays in the gaming and entertainment industries is driving the market growth. By geography, North America dominated the market due to the growth in IT infrastructure and the rise in penetration of smartphones is. Wide research and development activities and presence of key market players, especially in the U.S. are also contributing to the growth of the market in North America.

Some of the key players in Virtual Reality market include Zappar Ltd, Virtuix, Total Immersion, Inc., Sphero, Sony Corporation, Samsung Electronics Co. Ltd, Qualcomm Technologies, Inc., Nintendo Co., Ltd, ,Microsoft Corporation, Meta Inc., Marxent Lab LLC, Layar (Blippar Group), Improbable, Holition, Hewlett-Packard Development Company. L.P, Gravity Jack, Google Inc., Facebook Inc., Blippar, Atheer, Inc. and Apple Inc.

Technologies Covered:
• Semi-Immersive & Fully Immersive Technologies
• Non-Immersive Technology

Applications Covered:
• Commercial
• Industrial
• Consumer
• Medical
• Aerospace & Defense
• Other Applications

Device Types Covered:
• Projectors & Display Walls
• Head-Mounted Displays (HMDs)
• Gesture Control Devices

Components Covered:
• Software Components and Services
• Hardware Components

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary      
         
2 Preface        
 2.1 Abstract       
 2.2 Stake Holders      
 2.3 Research Scope      
 2.4 Research Methodology     
  2.4.1 Data Mining     
  2.4.2 Data Analysis     
  2.4.3 Data Validation     
  2.4.4 Research Approach     
 2.5 Research Sources      
  2.5.1 Primary Research Sources    
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions     
         
3 Market Trend Analysis      
 3.1 Introduction      
 3.2 Drivers       
 3.3 Restraints      
 3.4 Opportunities      
 3.5 Threats       
 3.6 Technology Analysis     
 3.7 Application Analysis     
 3.8 Emerging Markets      
 3.9 Futuristic Market Scenario     
         
4 Porters Five Force Analysis      
 4.1 Bargaining power of suppliers    
 4.2 Bargaining power of buyers     
 4.3 Threat of substitutes                         
 4.4 Threat of new entrants     
 4.5 Competitive rivalry      
         
5 Global Virtual Reality Market, By Technology 
                       
 5.1 Introduction      
 5.2 Semi-Immersive & Fully Immersive Technologies   
 5.3 Non-Immersive Technology     
          
6 Global Virtual Reality Market, By Application    
 6.1 Introduction      
 6.2 Commercial      
  6.2.1 Education & Training    
  6.2.2 Retail      
  6.2.3 Tourism                          
 6.3 Industrial      
 6.4 Consumer      
  6.4.1 Gaming & Entertainment    
   6.4.1.1 Sports     
 6.5 Medical       
  6.5.1 Fitness Management    
  6.5.2 Medical Training     
  6.5.3 Pharmacy Management    
  6.5.4 Surgery      
 6.6 Aerospace & Defense     
 6.7 Other Applications       
  6.7.1 Geospatial Mining     
  6.7.2 Enterprise Solutions    
  6.7.3 Automotive     
  6.7.4 Architecture and Building Design   
         
7 Global Virtual Reality Market, By Device Type    
 7.1 Introduction      
 7.2 Projectors & Display Walls      
 7.3 Head-Mounted Displays (HMDs)    
 7.4 Gesture Control Devices     
  7.4.1 Data Gloves     
  7.4.2 Other Gesture Control Devices   
         
8 Global Virtual Reality Market, By Component    
 8.1 Introduction      
 8.2 Software Components and Services    
  8.2.1 Cloud-Based Solutions    
  8.2.2 Software Development Kits    
 8.3 Hardware Components     
  8.3.1 Sensors      
   8.3.1.1 Accelerometers    
   8.3.1.2 Global Positioning Systems   
   8.3.1.3 Gyroscopes    
   8.3.1.4 Magnetometers    
   8.3.1.5 Proximity Sensors    
  8.3.2 Semiconductor Components    
   8.3.2.1 Integrated Circuits    
   8.3.2.2 Controllers/Processors   
  8.3.3 Displays      
         
9 Global Virtual Reality Market, By Geography     
 9.1 Introduction      
 9.2 North America      
  9.2.1 US      
  9.2.2 Canada      
  9.2.3 Mexico      
 9.3 Europe       
  9.3.1 Germany      
  9.3.2 UK      
  9.3.3 Italy      
  9.3.4 France      
  9.3.5 Spain      
  9.3.6 Rest of Europe     
 9.4 Asia Pacific      
  9.4.1 Japan      
  9.4.2 China      
  9.4.3 India      
  9.4.4 Australia      
  9.4.5 New Zealand     
  9.4.6 South Korea     
  9.4.7 Rest of Asia Pacific     
 9.5 South America      
  9.5.1 Argentina     
  9.5.2 Brazil      
  9.5.3 Chile      
  9.5.4 Rest of South America    
 9.6 Middle East & Africa     
  9.6.1 Saudi Arabia     
  9.6.2 UAE      
  9.6.3 Qatar      
  9.6.4 South Africa     
  9.6.5 Rest of Middle East & Africa    
         
10 Key Developments       
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures 
 10.2 Acquisitions & Mergers     
 10.3 New Product Launch     
 10.4 Expansions      
 10.5 Other Key Strategies     
         
11 Company Profiling       
 11.1 Zappar Ltd      
 11.2 Virtuix       
 11.3 Total Immersion, Inc.     
 11.4 Sphero       
 11.5 Sony Corporation      
 11.6 Samsung Electronics Co. Ltd     
 11.7 Qualcomm Technologies, Inc.     
 11.8 Nintendo Co., Ltd      
 11.9 Microsoft Corporation     
 11.10 Meta Inc.       
 11.11 Marxent Lab LLC      
 11.12 Layar (Blippar Group)     
 11.13 Improbable      
 11.14 Holition       
 11.15 Hewlett-Packard Development Company. L.P   
 11.16 Gravity Jack      
 11.17 Google Inc.      
 11.18 Facebook Inc.      
 11.19 Blippar       
 11.20 Atheer, Inc.      
 11.21 Apple Inc.        


List of Tables        
1 Global Virtual Reality Market Outlook, By Region (2016-2026) (US $MN)  
2 Global Virtual Reality Market Outlook, By Technology (2016-2026) (US $MN)  
4 Global Virtual Reality Market Outlook, By Semi-Immersive & Fully Immersive Technologies (2016-2026) (US $MN)
5 Global Virtual Reality Market Outlook, By Non-Immersive Technology (2016-2026) (US $MN)
7 Global Virtual Reality Market Outlook, By Application (2016-2026) (US $MN)  
9 Global Virtual Reality Market Outlook, By Commercial (2016-2026) (US $MN)  
10 Global Virtual Reality Market Outlook, By Education & Training (2016-2026) (US $MN) 
11 Global Virtual Reality Market Outlook, By Retail (2016-2026) (US $MN)  
12 Global Virtual Reality Market Outlook, By Tourism (2016-2026) (US $MN)  
13 Global Virtual Reality Market Outlook, By Industrial (2016-2026) (US $MN)  
14 Global Virtual Reality Market Outlook, By Consumer (2016-2026) (US $MN)  
15 Global Virtual Reality Market Outlook, By Gaming & Entertainment (2016-2026) (US $MN) 
16 Global Virtual Reality Market Outlook, By Medical (2016-2026) (US $MN)  
17 Global Virtual Reality Market Outlook, By Fitness Management (2016-2026) (US $MN) 
18 Global Virtual Reality Market Outlook, By Medical Training (2016-2026) (US $MN) 
19 Global Virtual Reality Market Outlook, By Pharmacy Management (2016-2026) (US $MN) 
20 Global Virtual Reality Market Outlook, By Surgery (2016-2026) (US $MN)  
21 Global Virtual Reality Market Outlook, By Aerospace & Defense (2016-2026) (US $MN) 
22 Global Virtual Reality Market Outlook, By Other Applications (2016-2026) (US $MN) 
23 Global Virtual Reality Market Outlook, By Geospatial Mining (2016-2026) (US $MN) 
24 Global Virtual Reality Market Outlook, By Enterprise Solutions (2016-2026) (US $MN) 
25 Global Virtual Reality Market Outlook, By Automotive (2016-2026) (US $MN)  
26 Global Virtual Reality Market Outlook, By Architecture and Building Design (2016-2026) (US $MN)
29 Global Virtual Reality Market Outlook, By Device Type (2016-2026) (US $MN)  
31 Global Virtual Reality Market Outlook, By Projectors & Display Walls (2016-2026) (US $MN)
32 Global Virtual Reality Market Outlook, By Head-Mounted Displays (HMDs) (2016-2026) (US $MN)
33 Global Virtual Reality Market Outlook, By Gesture Control Devices (2016-2026) (US $MN) 
34 Global Virtual Reality Market Outlook, By Data Gloves (2016-2026) (US $MN)  
35 Global Virtual Reality Market Outlook, By Other Gesture Control Devices (2016-2026) (US $MN)
37 Global Virtual Reality Market Outlook, By Component (2016-2026) (US $MN)  
39 Global Virtual Reality Market Outlook, By Software Components and Services (2016-2026) (US $MN)
40 Global Virtual Reality Market Outlook, By Cloud-Based Solutions (2016-2026) (US $MN) 
41 Global Virtual Reality Market Outlook, By Software Development Kits (2016-2026) (US $MN)
42 Global Virtual Reality Market Outlook, By Hardware Components (2016-2026) (US $MN) 
43 Global Virtual Reality Market Outlook, By Sensors (2016-2026) (US $MN)  
44 Global Virtual Reality Market Outlook, By Semiconductor Components (2016-2026) (US $MN)

NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above

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