Global Virtual Reality (VR) In Gaming Market Analysis and Forecast 2025 by Device (Gaming Console, Desktop, Smartphone)
View as PDF
OrbisResearch.com has published new research report on "Virtual Reality (VR) In Gaming Market Analysis By Component, By Device (Gaming Console, Desktop, Smartphone), By Country (U. S., Canada, Germany, UK, China, India, Japan, Brazil, Mexico), And Segment Forecasts 2025" to its database. --
The global virtual reality (VR) in gaming market size is expected to reach USD 45.09 billion by 2025, according to a new report by Grand View Research, Inc. Increasing competitiveness among key players such as Microsoft Corp., Sony Corp., and Nintendo Co. Ltd. to launch VR-compatible consoles has triggered industry growth.
Browse the report: http://www.orbisresearch.com/reports/index/virtual-reality-vr-in-gaming-market-analysis-by-component-by-device-gaming-console-desktop-smartphone-by-country-u-s-canada-germany-uk-china-india-japan-brazil-mexico-and-segment-forecasts-2014-2025
Virtual reality technology can enable gamers to indulge in an imaginary setting where the gamer's physical presence is simulated to be a part of the three-dimensional environment. With VR equipment and accessories, the user can view, move around, and even interact with the objects within the game. Several start-ups are developing prototypes for using the virtual reality technology in video games, which is expected to impact the growth favorably over the years to come.
Gaming consoles are expected to emerge as the most favored devices for playing games equipped with VR technology on account of the presence of efficient processors as compared to desktops and smartphones which may not match the immersive simulation experience provided by a console dedicated to playing games.
Request a sample of the report: http://www.orbisresearch.com/contacts/request-sample/267245
Lack of awareness about VR technology in games, high initial investment, compatibility issues of virtual reality devices with consoles, spatial discomfort and the risk of other physical and mental ailments may pose a challenge to the otherwise growing industry for VR technology in video games.
Further key findings from the report suggest:
Growing at a CAGR of around 30% during the forecast period, by 2025, the hardware segment is expected to account for a majority of the revenue a share.
In 2015, the estimated size of the software segment was around USD 2 billion.
Demand for VR accessories such as head mounted displays, motion sensing devices, treadmills, gloves, masks, backpacks, and bodysuits is expected to witness robust growth.
Buy the report@http://www.orbisresearch.com/contact/purchase/267245
Demand for virtual reality hardware is expected to increase drastically once the consumer versions are readily available.
Smartphones are expected to be the fastest growing device segment during the forecast period.
In 2015, the U.S. VR in gaming market accounted for the largest revenue share; however, China is expected to emerge as a key regional market by 2025.
The Latin America and the MEA regions are projected to experience the fastest growth which may be attributed to rising awareness and demand for the technology in the coming years.
As the technology is fairly new, a significant proportion of VR accessories and wearables are currently in the development stage; the Head Mounted Displays (HMDs) launched by Oculus VR, LLC, and HTC Corporation in 2015 and 2016 are popular among consumers.
Leap Motion Inc., Razer Inc. VirZoom Inc., and Virtuix are prominent companies developing wearables such as motion sensing devices, treadmill, and gloves.
Major Points From Table Of Contents:
Chapter One: Methodology and Scope
Chapter Two: Executive Summary
Chapter Three: Virtual Reality In Gaming Industry Outlook
Chapter Four: Component Type Estimates & Trend Analysis
Chapter Five: Device Estimates & Trend Analysis
Chapter Six: Regional Estimates & Trend Analysis
Chapter Seven: Competitive Landscape
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Name: Hector Costello
Organization: Orbis Research
Address: 4144N Central Expressway, Suite 600, Dallas, Texas - 75204, U.S.A.
Phone: +1 (214) 884-6817
Source URL: http://marketersmedia.com/global-virtual-reality-vr-in-gaming-market-analysis-and-forecast-2025-by-device-gaming-console-desktop-smartphone/188386
For more information, please visit http://www.orbisresearch.com/reports/index/virtual-reality-vr-in-gaming-market-analysis-by-component-by-device-gaming-console-desktop-smartphone-by-country-u-s-canada-germany-uk-china-india-japan-brazil-mexico-and-segment-forecasts-2014-2025
Release ID: 188386
Recent Press Releases By The Same User
Agarwood Essential Oil Market Expected to Grow at CAGR 4.2% During 2016 to 2022 (Fri 2nd Jun 17)
Cyber Weapon Market by Type, Product, Application, Region, Outlook and Forecast to 2022 (Fri 2nd Jun 17)
Landscaping and Gardening Expert Trevor McClintock Launches New Locally Optimized Website (Fri 2nd Jun 17)
Sleep apnea devices Market is Evolving At A CAGR of 7.5% by 2022 (Fri 2nd Jun 17)
Agriculture Technology Market 2017 Global Analysis, Opportunities and Forecast to 2022 (Fri 2nd Jun 17)
Global VR Helmet Market by Manufacturers, Technology, Type and Application, Forecast to 2022 (Fri 2nd Jun 17)