4 Premium Insights
4.1 Attractive Market Opportunities in Virtual Reality Market
Figure 12 Growing Consumer Applications of Virtual Reality to Drive Market Growth During Forecast Period
4.2 Virtual Reality Market in Apac, by Application and Country
Figure 13 Consumer Application and China to Hold Largest Shares of Virtual Reality Market in Apac by 2025
4.3 Virtual Reality Market: Developed Vs. Developing Markets, 2020 and 2025 (USD Million)
Figure 14 China to Register Highest CAGR by 2025
4.4 Virtual Reality Market, by Application
Figure 15 China to Grow at Fastest CAGR During Forecast Period
6 Virtual Reality Market, by Technology
6.1 Introduction
6.2 Virtual Reality Technology
Figure 20 Semi- & Fully Immersive Technologies to Dominate Virtual Reality Market During Forecast Period
Table 1 VR Market, by Technology, 2016-2019 (USD Million)
Table 2 VR Market, by Technology, 2020-2025 (USD Million)
6.2.1 Non-Immersive Technology
6.2.1.1 Usage of Non-Immersive Technology in VR Software Development Set to Drive the Market
Table 3 VR Market for Nonimmersive Technology, by Offering, 2016-2019 (USD Million)
Table 4 VR Market for Non-Immersive Technology, by Offering, 2020-2025 (USD Million)
6.2.2 Semi-Immersive and Fully Immersive Technology
6.2.2.1 Fully Immersive Technology to Be the Major Driver Owing to Demand in VR Hmds
Table 5 VR Market for Semi- and Fully Immersive Technologies, by Offering, 2016-2019 (USD Million)
Table 6 VR Market for Semi- and Fully Immersive Technologies, by Offering, 2020-2025 (USD Million)
7 Virtual Reality Market, by Offering
7.1 Introduction
Figure 21 VR Market for Hardware to Register Higher CAGR During Forecast Period
Table 7 VR Market, by Offering, 2016-2019 (USD Million)
Table 8 VR Market, by Offering, 2020-2025 (USD Million)
7.2 Hardware
Figure 22 Virtual Reality Market for Displays and Projectors to Record Highest CAGR During Forecast Period
Table 9 VR Market, Hardware, 2016-2019 (USD Million)
Table 10 VR Market, Hardware, 2020-2025 (USD Million)
7.2.1 Sensors
7.2.1.1 Accelerometer
7.2.1.2 Gyroscope
7.2.1.3 Magnetometer
7.2.1.4 Proximity Sensor
7.2.2 Semiconductor Components
7.2.2.1 Controller and Processor
7.2.2.2 Integrated Circuits
7.2.3 Displays and Projectors
7.2.4 Position Trackers
7.2.5 Cameras
7.2.6 Others
7.2.7 Impact of Covid-19 on Hardware Market
7.3 Software
7.3.1 Sdk’S Will Play Crucial Role in VR Software Market
7.3.1.1 Software Development Kits
7.3.1.2 Cloud-Based Services
Figure 23 VR Software Market for Commercial Application to Record Highest CAGR During Forecast Period
Table 11 VR Market for Software, by Application, 2016-2019 (USD Million)
Table 12 VR Market for Software, by Application, 2020-2025 (USD Million)
7.4 VR Content Creation
7.4.1 VR Content Creation is the Key to Strengthen VR Technology and Growth of VR Hardware Devices
7.5 Impact of Covid-19 on Software Market
8 Virtual Reality Market, by Device Type
8.1 Introduction
8.2 Virtual Reality Devices
Figure 24 Virtual Reality Market for Gesture-Tracking Devices to Register Highest CAGR During Forecast Period
Table 13 Virtual Reality Market, Device Type, 2016-2019 (USD Million)
Table 14 Virtual Reality Market, Device Type, 2020-2025 (USD Million)
Figure 25 Virtual Reality Market for Gesture-Tracking Devices to Exhibit Highest CAGR During Forecast Period in Terms of Market Shipments
Table 15 Virtual Reality Market, Device Type, 2016-2019 (Thousand Units)
Table 16 Virtual Reality Market, Device Type, 2020-2025 (Thousand Units)
8.2.1 Head-Mounted Displays
8.2.1.1 Use of Hmds in Gaming and Entertainment is the Major Driver for Growth of VR Hardware Devices
Table 17 Virtual Reality Hmd Market, by Application, 2016-2019 (USD Million)
Table 18 Virtual Reality Hmd Market, by Application, 2020-2025 (USD Million)
8.2.1.2 Covid-19 Impact on VR Hmd Market
8.2.2 Gesture-Tracking Devices
8.2.2.1 Gesture-Tracking Devices to Play a Crucial Role in Healthcare and Gaming Applications
8.2.2.1.1 Data Gloves
8.2.2.1.2 Others
Table 19 Virtual Reality Market for Gesture-Tracking Devices, by Application, 2016-2019 (USD Million)
Table 20 Virtual Reality Market for Gesture-Tracking Devices, by Application, 2020-2025 (USD Million)
8.2.2.2 Impact of Covid-19 on Gesture-Tracking Devices Market
8.2.3 Projectors & Display Walls
8.2.3.1 Projectors & Display Walls Are New Growth Avenues in VR Hardware Market
Table 21 Virtual Reality Market for Projectors & Display Walls, by Application, 2016-2019 (USD Million)
Table 22 Virtual Reality Market for Projectors & Display Walls, by Application, 2020-2025 (USD Million)
9 Virtual Reality Market, by Application
9.1 Introduction
9.2 Virtual Reality Applications
Figure 26 VR Market for Healthcare to Register Highest CAGR Between 2020 and 2025
Table 23 Virtual Reality Market, by Application, 2016-2019 (USD Million)
Table 24 Virtual Reality Market, by Application, 2020-2025 (USD Million)
9.2.1 Consumer
9.2.1.1 Gaming and Entertainment Applications Are Major Drivers for VR Market Growth
Table 25 Virtual Reality Market for Consumer Applications, by Device Type, 2016-2019 (USD Million)
Table 26 Virtual Reality Market for Consumer Applications, by Device Type, 2020-2025 (USD Million)
Table 27 Virtual Reality Market for Consumer Applications, by Region, 2016-2019 (USD Million)
Table 28 Virtual Reality Market for Consumer Applications, by Region, 2020-2025 (USD Million)
Table 29 Virtual Reality Market for Consumer Applications in North America, by Country, 2016-2019 (USD Million)
Table 30 Virtual Reality Market for Consumer Applications in North America, by Country, 2020-2025 (USD Million)
Table 31 Virtual Reality Market for Consumer Applications in Europe, by Country, 2016-2019 (USD Million)
Table 32 Virtual Reality Market for Consumer Applications in Europe, by Country, 2020-2025 (USD Million)
Table 33 Virtual Reality Market for Consumer Applications in Apac, by Country, 2016-2019 (USD Million)
Table 34 Virtual Reality Market for Consumer Applications in Apac, by Country, 2020-2025 (USD Million)
Table 35 Virtual Reality Market for Consumer Applications in Row, by Region, 2016-2019 (USD Million)
Table 36 Virtual Reality Market for Consumer Applications in Row, by Region, 2020-2025 (USD Million)
9.2.1.1.1 Gaming and Entertainment
9.2.1.1.2 Sports
9.2.1.2 Use Cases in Consumer
9.2.2 Commercial
9.2.2.1 Retail and E-Commerce to Drive Commercial Application in VR Market
Table 37 Virtual Reality Market for Commercial Applications, by Device Type, 2016-2019 (USD Million)
Table 38 Virtual Reality Market for Commercial Applications, by Device Type, 2020-2025 (USD Million)
Table 39 Virtual Reality Market for Commercial Applications, by Region, 2016-2019 (USD Million)
Table 40 Virtual Reality Market for Commercial Applications, by Region, 2020-2025 (USD Million)
Table 41 Virtual Reality Market for Commercial Applications in North America, by Country, 2016-2019 (USD Million)
Table 42 Virtual Reality Market for Commercial Applications in North America, by Country, 2020-2025 (USD Million)
Table 43 Virtual Reality Market for Commercial Applications in Europe, by Country, 2016-2019 (USD Million)
Table 44 Virtual Reality Market for Commercial Applications in Europe, by Country, 2020-2025 (USD Million)
Table 45 Virtual Reality Market for Commercial Applications in Apac, by Country, 2016-2019 (USD Million)
Table 46 Virtual Reality Market for Commercial Applications in Apac, by Country, 2020-2025 (USD Million)
Table 47 Virtual Reality Market for Commercial Applications in Row, by Region, 2016-2019 (USD Million)
Table 48 Virtual Reality Market for Commercial Applications in Row, by Region, 2020-2025 (USD Million)
9.2.2.1.1 Retail & Ecommerce
9.2.2.1.2 Education and Training
9.2.2.1.3 Travel and Tourism
9.2.2.1.4 Advertising
9.2.2.2 Use-Cases in Commercial
9.2.3 Enterprise (Manufacturing)
9.2.3.1 Increased Use of VR Technology and Devices in Industrial Facilities to Drive Enterprise Application in VR Market
Table 49 Virtual Reality Market for Enterprise Applications, by Device Type, 2016-2019 (USD Million)
Table 50 Virtual Reality Market for Enterprise Applications, by Device Type, 2020-2025 (USD Million)
Table 51 Virtual Reality Market for Enterprise Applications, by Region, 2016-2019 (USD Million)
Table 52 Virtual Reality Market for Enterprise Applications, by Region, 2020-2025 (USD Million)
Table 53 Virtual Reality Market for Enterprise Applications in North America, by Country, 2016-2019 (USD Million)
Table 54 Virtual Reality Market for Enterprise Applications in North America, by Country, 2020-2025 (USD Million)
Table 55 Virtual Reality Market for Enterprise Applications in Europe, by Country, 2016-2019 (USD Million)
Table 56 Virtual Reality Market for Enterprise Applications in Europe, by Country, 2020-2025 (USD Million)
Table 57 Virtual Reality Market for Enterprise Applications in Apac, by Country, 2016-2019 (USD Million)
Table 58 Virtual Reality Market for Enterprise Applications in Apac, by Country, 2020-2025 (USD Million)
Table 59 Virtual Reality Market for Enterprise Applications in Row, by Region, 2016-2019 (USD Million)
Table 60 Virtual Reality Market for Enterprise Applications in Row, by Region, 2020-2025 (USD Million)
9.2.3.2 Use Cases in Enterprise (Manufacturing)
9.2.4 Healthcare
9.2.4.1 Patient Care Management and Medical Training & Education Are Major Applications Driving the Growth of VR in Healthcare
Table 61 Virtual Reality Market for Healthcare Applications, by Device Type, 2016-2019 (USD Million)
Table 62 Virtual Reality Market for Healthcare Applications, by Device Type, 2020-2025 (USD Million)
Table 63 Virtual Reality Market for Healthcare Applications, by Region, 2016-2019 (USD Million)
Table 64 Virtual Reality Market for Healthcare Applications, by Region, 2020-2025 (USD Million)
Table 65 Virtual Reality Market for Healthcare Applications in North America, by Country, 2016-2019 (USD Million)
Table 66 Virtual Reality Market for Healthcare Applications in North America, by Country, 2020-2025 (USD Million)
Table 67 Virtual Reality Market for Healthcare Applications in Europe, by Country, 2016-2019 (USD Million)
Table 68 Virtual Reality Market for Healthcare Applications in Europe, by Country, 2020-2025 (USD Million)
Table 69 Virtual Reality Market for Healthcare Applications in Apac, by Country, 2016-2019 (USD Million)
Table 70 Virtual Reality Market for Healthcare Applications in Apac, by Country, 2020-2025 (USD Million)
Table 71 Virtual Reality Market for Healthcare Applications in Row, by Region, 2016-2019 (USD Million)
Table 72 Virtual Reality Market for Healthcare Applications in Row, by Region, 2020-2025 (USD Million)
9.2.4.1.1 Surgery
9.2.4.1.2 Patient Care Management
9.2.4.1.3 Fitness Management
9.2.4.1.4 Pharmacy Management
9.2.4.1.5 Medical Training and Education
9.2.4.2 Use-Cases in Healthcare
9.2.5 Aerospace & Defense
9.2.5.1 Simulation Training to Be Major Growth Factor of VR in Aerospace & Defense
Table 73 Virtual Reality Market for Aerospace & Defense Applications, by Device Type, 2016-2019 (USD Million)
Table 74 Virtual Reality Market for Aerospace & Defense Applications, by Device Type, 2020-2025 (USD Million)
Table 75 Virtual Reality Market for Aerospace & Defense Applications, by Region, 2016-2019 (USD Million)
Table 76 Virtual Reality Market for Aerospace & Defense Applications, by Region, 2020-2025 (USD Million)
Table 77 Virtual Reality Market for Aerospace & Defense Applications in North America, by Country, 2016-2019 (USD Million)
Table 78 Virtual Reality Market for Aerospace & Defense Applications, by Country, 2020-2025 (USD Million)
Table 79 Virtual Reality Market for Aerospace & Defense Applications in Europe, by Country, 2016-2019 (USD Million)
Table 80 Virtual Reality Market for Aerospace & Defense Applications in Europe, by Country, 2020-2025 (USD Million)
Table 81 Virtual Reality Market for Aerospace & Defense Applications in Apac, by Country, 2016-2019 (USD Million)
Table 82 Virtual Reality Market for Aerospace & Defense Applications in Apac, by Country, 2020-2025 (USD Million)
Table 83 Virtual Reality Market for Aerospace & Defense Applications in Row, by Region, 2016-2019 (USD Million)
Table 84 Virtual Reality Market for Aerospace & Defense Applications in Row, by Region, 2020-2025 (USD Million)
9.2.5.2 Use Case in Aerospace & Defense
9.2.6 Others
Table 85 Virtual Reality Market for Other Applications, by Device Type, 2016-2019 (USD Million)
Table 86 Virtual Reality Market for Other Applications, by Device Type, 2020-2025 (USD Million)
Table 87 Virtual Reality Market for Other Applications, by Region, 2016-2019 (USD Million)
Table 88 Virtual Reality Market for Other Applications, by Region, 2020-2025 (USD Million)
Table 89 Virtual Reality Market for Other Applications in North America, by Country, 2016-2019 (USD Million)
Table 90 Virtual Reality Market for Other Applications in North America, by Country, 2020-2025 (USD Million)
Table 91 Virtual Reality Market for Other Applications in Europe, by Country, 2016-2019 (USD Million)
Table 92 Virtual Reality Market for Other Applications in Europe, by Country, 2020-2025 (USD Million)
Table 93 Virtual Reality Market for Other Applications in Apac, by Country, 2016-2019 (USD Million)
Table 94 Virtual Reality Market for Other Applications in Apac, by Country, 2020-2025 (USD Million)
Table 95 Virtual Reality Market for Other Applications in Row, by Region, 2016-2019 (USD Million)
Table 96 Virtual Reality Market for Other Applications in Row, by Region, 2020-2025 (USD Million)
9.2.6.1 Automotive
9.2.6.2 Real Estate (Architecture and Building Design)
9.2.6.3 Geospatial Mining
9.2.6.4 Use Cases in Other Applications
9.2.7 Covid-19 Impact on Major Applications
Figure 27 Covid-19 Impact on Consumer Application
Figure 28 Covid-19 Impact on Enterprise Application
Figure 29 Covid-19 Impact on Healthcare Application
10 Geographical Analysis
10.1 Introduction
Figure 30 Geographic Snapshot: VR Market in Apac to Witness Highest Growth During Forecast Period
Figure 31 Us to Hold Largest Size of VR Market from 2020 to 2025
Table 97 VR Market, by Region, 2016-2019 (USD Million)
Table 98 VR Market, by Region, 2020-2025 (USD Million)
10.2 North America
Figure 32 North America: Snapshot of VR Market
Table 99 VR Market in North America, by Application, 2016-2019 (USD Million)
Table 100 VR Market in North America, by Application, 2020-2025 (USD Million)
Table 101 VR Market in North America, by Country, 2016-2019 (USD Million)
Table 102 VR Market in North America, by Country, 2020-2025 (USD Million)
10.2.1 Us
10.2.1.1 Strong Presence of VR Companies in the Us Likely to Drive the Market
10.2.2 Canada
10.2.2.1 Increasing Investment in Cutting-Edge Technologies to Fuel VR Market Growth in Canada
10.2.3 Mexico
10.2.3.1 Evolving Industries in Mexico to Drive the Market Growth
10.3 Europe
Figure 33 Europe: Snapshot of VR Market
Table 103 VR Market in Europe, by Application, 2016-2019 (USD Million)
Table 104 VR Market in Europe, by Application, 2020-2025 (USD Million)
Table 105 VR Market in Europe, by Country, 2016-2019 (USD Million)
Table 106 VR Market in Europe, by Country, 2020-2025 (USD Million)
10.3.1 Germany
10.3.1.1 High Adoption of New Technologies in Manufacturing to Drive the Market in Germany
10.3.2 France
10.3.2.1 High Adoption in Retail to Enhance Growth of VR Market in France
10.3.3 Uk
10.3.3.1 Continuous Focus on Digitalization Likely to Drive Growth of VR Market in Uk
10.3.4 Rest of Europe
10.3.4.1 Inflow of Products and Technology from Uk, Germany, and France Would Propel VR Market Growth in Rest of Europe
10.4 Apac
Figure 34 Apac: Snapshot of VR Market
Table 107 VR Market in Apac, by Application, 2016-2019 (USD Million)
Table 108 VR Market in Apac, by Application, 2020-2025 (USD Million)
Table 109 VR Market in Apac, by Country, 2016-2019 (USD Million)
Table 110 VR Market in Apac, by Country, 2020-2025 (USD Million)
10.4.1 China
10.4.1.1 High Number of Local Players Producing VR Devices to Drive Growth of VR Market in China
10.4.2 India
10.4.2.1 Increasing Awareness of Advanced Technology to Play Crucial Role in the Growth of VR Market in India
10.4.3 Japan
10.4.3.1 High Growth of Healthcare Sector in Japan to Fuel Growth of VR Market
10.4.4 South Korea
10.4.4.1 Digital Revolution in Industrial Sector in South Korea Would Drive Growth of VR Market
10.4.5 Rest of Apac
10.4.5.1 High Consumer Spending in Rest of Apac Would Boost the VR Market
10.5 Row
Table 111 VR Market in Row, by Application, 2016-2019 (USD Million)
Table 112 VR Market in Row, by Application, 2020-2025 (USD Million)
Table 113 VR Market in Row, by Region, 2016-2019 (USD Million)
Table 114 VR Market in Row, by Region, 2020-2025 (USD Million)
10.5.1 Middle East & Africa
10.5.1.1 Oil & Gas and Mining to Fuel Growth of VR Devices in the Middle East and Africa
10.5.2 South America
10.5.2.1 Growing Consumer Market to Drive Growth of VR Market in South America
10.6 Covid-19 Impact on Major Regions
Figure 35 Pre-Covid-19 Vs. Post-Covid-19 Comparison for North American Virtual Reality Market
Figure 36 Pre-Covid-19 Vs. Post-Covid-19 Comparison for Apac Virtual Reality Market
11 Competitive Landscape
11.1 Introduction
Figure 37 Companies Adopted Product Launches & Developments As Key Growth Strategies from 2017 to 2020
11.2 Ranking for Virtual Reality Market Players
Figure 38 Ranking of Top 5 Players in Virtual Reality Market
11.3 Competitive Scenario
11.3.1 Product Launches & Developments
Table 115 Product Launches & Developments: Virtual Reality Market, 2017 to 2020
11.3.2 Partnerships
Table 116 Partnerships: Virtual Reality Market, 2017-2020
11.3.3 Agreements, Collaborations, and Capital Funding
Table 117 Agreements, Collaborations, and Capital Funding: Virtual Reality, 2017-2020
11.3.4 Acquisitions and Expansions
Table 118 Acquisitions and Expansions: Virtual Reality Market, 2017-2020
11.4 Competitive Leadership Mapping
11.4.1 Visionary Leaders
11.4.2 Dynamic Differentiators
11.4.3 Innovators
11.4.4 Emerging Companies
Figure 39 Virtual Reality Market (Global) Competitive Leadership Mapping, 2019
13 Adjacent Market
13.1 Augmented Reality Market - Global Tables
13.1.1 Market Definition
13.1.2 Limitations
13.1.2.1 Inclusions and Exclusions
Figure 46 Augmented Reality Market, 2016-2024 (USD Billion)
Table 119 Augmented Reality Market, by Offering, 2016-2024 (USD Million)
Table 120 Augmented Reality Market, by Application, 2016-2024 (USD Million)
Table 121 Augmented Reality Market, by Region, 2016-2024 (USD Million)