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Tag search results for: "virtual reality market growth"
Market HighlightsMarket Research Future (MRFR), in its latest study on the global VR Market 2020, reveals multiple factors that determine dynamics of the market in the review period. A detailed study of the impact of COVID 19 on the virtual reality market is explained in the report. As per MRFR analysis, the Virtual Reality Market can rise at 37.4% CAGR across the forecast period 2017–2027. The Virtual Reality Market value can touch USD 101.2 Bn by 2027. The rise of the demand for virtual reality system in the expandin... more
Market HighlightsMarket Research Future (MRFR), in its latest study on the global Virtual Reality Market 2020, reveals multiple factors that determine dynamics of the market in the review period. A detailed study of the impact of COVID 19 on the virtual reality market is explained in the report. As per MRFR analysis, the Virtual Reality Market can rise at 37.4% CAGR across the forecast period 2017–2027. The Virtual Reality Market value can touch USD 101.2 Bn by 2027. The rise of the demand for virtual reality system in... more
Market AnalysisMarket Research Future (MRFR) projects the global virtual reality market to reach USD 101.2 billion, registering a 37.4% CAGR from 2017–2027 (forecast period). Wide Adoption of VR Technology Drives the Market GrowthThe growing demand for virtual technology, driven by the increasing use of head-mounted (HMD) displays in the gaming and entertainment industries, is propelling the virtual reality market forward. The use of animation techniques to implement virtual reality is gaining traction in theme pa... more
Regional AnalysisThe North American Market Will Continue to WinNorth America has always been the market leader and may continue to be so during the assessment period. The existence of numerous important players, such as Google, Microsoft, Facebook Inc., and others, as well as the expanding industrial sector, supports VR Industry Growth.Furthermore, growing VR applications in the consumer electronics and gaming & entertainment industries drive the size of the North American VR industry. During the assessment period, the Unite... more
Virtual reality (VR) is a computer-generated simulation that can be
accessed with the assistance of head-up displays and gloves to provide
immersive experiences. The software can be used in creating worlds to be
experienced by users using associated hardware. The global virtual
reality marketreport by Market Research Future (MRFR) comprises an
in-depth analysis of the industry with projections for revenue and growth
during the forecast period (2020-2027). The COVID-19 impact on the industry has
also been included in the report... more
Market AnalysisMarket Research Future (MRFR) projects the global VR Market to reach USD 101.2 billion, registering a 37.4% CAGR from 2017–2027 (forecast period). Wide Adoption of VR Technology Drives the Market GrowthThe growing demand for virtual technology, driven by the increasing use of head-mounted (HMD) displays in the gaming and entertainment industries, is propelling the virtual reality market forward. The use of animation techniques to implement virtual reality is gaining traction in theme parks that prov... more
Market ScopeThe global virtual reality software market is making significant strides. Over the past few years, VR technology has evolved dramatically, presenting high-end custom immersive presentations for the companies in the world. The VR software platform empowers sales teams, educators, and trainers to present enticing content to their audience, resulting in increased engagement and retention while avoiding burnout and fatigue.The COVID-19 outbreak had a positive impact on the virtual reality market with people downloading and pr... more
