Virtual reality (VR) in the gaming market size to increase by USD 17,853.41 million: 40% growth to originate from APAC - Technavio - PR Newswire

1 year ago 45

, /PRNewswire/ -- The Virtual Reality (VR) successful Gaming Market by Application, Component and Geography - Forecast and Analysis 2023-2027 study has been published by Technavio. Market maturation is estimated to accelerate astatine a CAGR of 28.39% and registry an incremental maturation of USD 17,853.41 million during the forecast period. The study provides a broad investigation of maturation opportunities astatine determination levels, caller merchandise launches, the latest trends, and the post-pandemic betterment of the planetary market. Download a PDF Sample Report

Regional Analysis

Technavio has announced its latest marketplace  probe   study  titled Global VR Gaming Market 2023-2027

Technavio has announced its latest marketplace probe study titled Global VR Gaming Market 2023-2027

By region, the planetary virtual world (VR) successful the gaming marketplace is segmented into North America, APAC, Europe, South America, and the Middle East and Africa. APAC is estimated to lend 40% to the maturation of the planetary marketplace implicit the forecast period. The beingness of a ample fig of section and planetary players that make VR bundle and hardware is driving the maturation of the determination market.

Company Profiles

The virtual world (VR) successful gaming marketplace study includes accusation connected the cardinal products and caller developments of starring vendors, including:

  • Electronic Arts Inc.: The institution offers ZEISS VR ONE Connect bridges the spread betwixt PC-connected VR gaming and mobile VR by connecting the smartphone successful the mobile VR headset to a gaming PC.
  • Fallen Planet Studios Ltd: The institution offers VR gaming specified arsenic Star Wars Squadrons which has a diegetic interface, first-person position and power input options.
  • HTC Corp.: The institution offers VR gaming named AFFECTED The Manor implicit variation with 4 alternate endings.
  • Magic Leap Inc.: The institution offers VR games specified arsenic Arizona Sunshine, Job simulator, The Lab, The Brookhaven experiment, Budget cuts and Space pirate trainer.
  • Meta Platforms Inc.: The institution offers VR games specified arsenic Magic Leap 2 which is suitable for regular use, the highest compute show capabilities successful CPU GPU, precision power and multiplayer mode.
  • Microsoft Corp.
  • Nintendo Co. Ltd.
  • NVIDIA Corp.
  • Qualcomm Inc.
  • Razer Inc.
  • Samsung Electronics Co. Ltd.
  • Ubisoft Entertainment
  • Unity Software Inc.
  • Advanced Micro Devices Inc.
  • To summation entree to much vendor profiles disposable with Technavio, buy the report!

Market Dynamics

The marketplace is driven by factors specified arsenic the expanding adoption of VR successful the interactive location amusement industry, the instauration of integer downloading successful gaming consoles, and the rising adoption of AR games. However, privateness concerns implicit gamers' accusation are hindering the marketplace growth.

Competitive Analysis

The competitory script categorizes companies based connected assorted show indicators. Some of the factors considered see the fiscal show of companies implicit the past fewer years, maturation strategies, merchandise innovations, caller merchandise launches, investments, and maturation successful marketplace share, among others. Request a Sample

Market Segmentation

  • By application, the marketplace is segmented into consoles, PCs, and mobile devices. The consoles conception accounted for the largest stock of the marketplace during the forecasted period.
  • By geography, the marketplace is segmented into North America, APAC, Europe, South America, and the Middle East and Africa. 40% of the maturation volition originate from APAC.

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The smart philharmonic instruments market size is projected to turn by USD 15.73 cardinal from 2021 to 2026, and the market's maturation momentum volition accelerate astatine a CAGR of 4.43%. The study extensively covers smart philharmonic instruments market segmentation by exertion (connected instruments and wearables), end-user (professionals and hobbyists), and geography (North America, APAC, Europe, South America, and MEA).

The virtual world (VR) gaming market size is projected to turn by USD 23.02 billion from 2021 to 2026, and the market's maturation momentum volition accelerate astatine a CAGR of 14.06%. The technological advances successful the semiconductor manufacture is notably driving the virtual world (VR) successful gaming market growth, though factors specified arsenic expanding information information and privateness concerns whitethorn impede the marketplace growth.

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What are the cardinal information covered successful this virtual world (VR) gaming marketplace report?

  • CAGR of the marketplace during the forecast period
  • Detailed accusation connected factors that volition thrust the maturation of the cloud information warehouse marketplace betwixt 2023 and 2027
  • Precise estimation of the size of the virtual world (VR) successful the gaming market size and its publication to the marketplace successful absorption connected the genitor market
  • Accurate predictions about upcoming trends and changes successful user behavior
  • Growth of virtual world (VR) successful the gaming market industry crossed APAC, North America, Europe, the Middle East and Africa, and South America
  • A thorough investigation of the market's competitory scenery and elaborate accusation astir vendors
  • Comprehensive investigation of factors that volition situation the maturation of virtual world (VR) successful gaming market vendors

VR Gaming Market Scope

Report Coverage

Details

Page number

163

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate astatine a CAGR of 28.39%

Market maturation 2023-2027

USD 17,853.41 million

Market structure

Fragmented

YoY maturation 2022-2023 (%)

24.74

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing marketplace contribution

APAC astatine 40%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Alphabet Inc., bHaptics Inc., Carl Zeiss AG, Electronic Arts Inc., Fallen Planet Studios Ltd, HTC Corp., Magic Leap Inc., Meta Platforms Inc., Microsoft Corp., Nintendo Co. Ltd., NVIDIA Corp., Qualcomm Inc., Razer Inc., Samsung Electronics Co. Ltd., Sony Group Corp., Ubisoft Entertainment, Unity Software Inc., Virtuix Inc., Wookey Technologies Inc., and Advanced Micro Devices Inc.

Market dynamics

Parent Market Analysis; Market maturation inducers and obstacles; Fast-growing and slow-growing conception investigation for the forecast period

Customization purview

If our study has not included the information that you are looking for, you tin scope retired to our analysts and get segments customized.

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Table of contents:

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart connected Market Overview
    • Exhibit 02: Executive Summary – Data Table connected Market Overview
    • Exhibit 03: Executive Summary – Chart connected Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart connected Market by Geography
    • Exhibit 05: Executive Summary – Chart connected Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart connected Market Segmentation by Component
    • Exhibit 07: Executive Summary – Chart connected Incremental Growth
    • Exhibit 08: Executive Summary – Data Table connected Incremental Growth
    • Exhibit 09: Executive Summary – Chart connected Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included successful the marketplace definition
  • 3.2 Market conception analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart connected Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table connected Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart connected Global Market: Year-over-year maturation 2022-2027 (%)
    • Exhibit 17: Data Table connected Global Market: Year-over-year maturation 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global VR gaming marketplace 2017 - 2021 
    • Exhibit 18: Historic Market Size – Data Table connected Global VR gaming marketplace 2017 - 2021 ($ million)
  • 4.2 Application Segment Analysis 2017 - 2021
    • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
  • 4.3 Component Segment Analysis 2017 - 2021 
    • Exhibit 20: Historic Market Size – Component Segment 2017 - 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 - 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 - 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces investigation - Comparison betwixt 2022 and 2027
  • 5.2 Bargaining powerfulness of buyers 
    • Exhibit 24: Chart connected Bargaining powerfulness of buyers – Impact of cardinal factors 2022 and 2027
  • 5.3 Bargaining powerfulness of suppliers 
    • Exhibit 25: Bargaining powerfulness of suppliers – Impact of cardinal factors successful 2022 and 2027
  • 5.4 Threat of caller entrants 
    • Exhibit 26: Threat of caller entrants – Impact of cardinal factors successful 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of cardinal factors successful 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of cardinal factors successful 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart connected Market information - Five forces 2022 and 2027

6 Market Segmentation by Application

  • 6.1 Market segments 
    • Exhibit 30: Chart connected Application - Market stock 2022-2027 (%)
    • Exhibit 31: Data Table connected Application - Market stock 2022-2027 (%)
  • 6.2 Comparison by Application 
    • Exhibit 32: Chart connected Comparison by Application
    • Exhibit 33: Data Table connected Comparison by Application
  • 6.3 Consoles - Market size and forecast 2022-2027
    • Exhibit 34: Chart connected Consoles - Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table connected Consoles - Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart connected Consoles - Year-over-year maturation 2022-2027 (%)
    • Exhibit 37: Data Table connected Consoles - Year-over-year maturation 2022-2027 (%)
  • 6.4 PCs - Market size and forecast 2022-2027
    • Exhibit 38: Chart connected PCs - Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table connected PCs - Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart connected PCs - Year-over-year maturation 2022-2027 (%)
    • Exhibit 41: Data Table connected PCs - Year-over-year maturation 2022-2027 (%)
  • 6.5 Mobile devices - Market size and forecast 2022-2027
    • Exhibit 42: Chart connected Mobile devices - Market size and forecast 2022-2027 ($ million)
    • Exhibit 43: Data Table connected Mobile devices - Market size and forecast 2022-2027 ($ million)
    • Exhibit 44: Chart connected Mobile devices - Year-over-year maturation 2022-2027 (%)
    • Exhibit 45: Data Table connected Mobile devices - Year-over-year maturation 2022-2027 (%)
  • 6.6 Market accidental by Application 
    • Exhibit 46: Market accidental by Application ($ million)

7 Market Segmentation by Component

  • 7.1 Market segments 
    • Exhibit 47: Chart connected Component - Market stock 2022-2027 (%)
    • Exhibit 48: Data Table connected Component - Market stock 2022-2027 (%)
  • 7.2 Comparison by Component 
    • Exhibit 49: Chart connected Comparison by Component
    • Exhibit 50: Data Table connected Comparison by Component
  • 7.3 Hardware - Market size and forecast 2022-2027
    • Exhibit 51: Chart connected Hardware - Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Data Table connected Hardware - Market size and forecast 2022-2027 ($ million)
    • Exhibit 53: Chart connected Hardware - Year-over-year maturation 2022-2027 (%)
    • Exhibit 54: Data Table connected Hardware - Year-over-year maturation 2022-2027 (%)
  • 7.4 Software - Market size and forecast 2022-2027
    • Exhibit 55: Chart connected Software - Market size and forecast 2022-2027 ($ million)
    • Exhibit 56: Data Table connected Software - Market size and forecast 2022-2027 ($ million)
    • Exhibit 57: Chart connected Software - Year-over-year maturation 2022-2027 (%)
    • Exhibit 58: Data Table connected Software - Year-over-year maturation 2022-2027 (%)
  • 7.5 Market accidental by Component 
    • Exhibit 59: Market accidental by Component ($ million)

8 Customer Landscape

  • 8.1 Customer scenery overview 
    • Exhibit 60: Analysis of terms sensitivity, lifecycle, lawsuit acquisition basket, adoption rates, and acquisition criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 61: Chart connected Market stock by geography 2022-2027 (%)
    • Exhibit 62: Data Table connected Market stock by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 63: Chart connected Geographic comparison
    • Exhibit 64: Data Table connected Geographic comparison
  • 9.3 APAC - Market size and forecast 2022-2027
    • Exhibit 65: Chart connected APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 66: Data Table connected APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 67: Chart connected APAC - Year-over-year maturation 2022-2027 (%)
    • Exhibit 68: Data Table connected APAC - Year-over-year maturation 2022-2027 (%)
  • 9.4 North America - Market size and forecast 2022-2027
    • Exhibit 69: Chart connected North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 70: Data Table connected North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 71: Chart connected North America - Year-over-year maturation 2022-2027 (%)
    • Exhibit 72: Data Table connected North America - Year-over-year maturation 2022-2027 (%)
  • 9.5 Europe - Market size and forecast 2022-2027
    • Exhibit 73: Chart connected Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 74: Data Table connected Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 75: Chart connected Europe - Year-over-year maturation 2022-2027 (%)
    • Exhibit 76: Data Table connected Europe - Year-over-year maturation 2022-2027 (%)
  • 9.6 Middle East and Africa - Market size and forecast 2022-2027 
    • Exhibit 77: Chart connected Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Data Table connected Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 79: Chart connected Middle East and Africa - Year-over-year maturation 2022-2027 (%)
    • Exhibit 80: Data Table connected Middle East and Africa - Year-over-year maturation 2022-2027 (%)
  • 9.7 South America - Market size and forecast 2022-2027
    • Exhibit 81: Chart connected South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Data Table connected South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 83: Chart connected South America - Year-over-year maturation 2022-2027 (%)
    • Exhibit 84: Data Table connected South America - Year-over-year maturation 2022-2027 (%)
  • 9.8 US - Market size and forecast 2022-2027
    • Exhibit 85: Chart connected US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Data Table connected US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 87: Chart connected US - Year-over-year maturation 2022-2027 (%)
    • Exhibit 88: Data Table connected US - Year-over-year maturation 2022-2027 (%)
  • 9.9 China - Market size and forecast 2022-2027
    • Exhibit 89: Chart connected China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Data Table connected China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 91: Chart connected China - Year-over-year maturation 2022-2027 (%)
    • Exhibit 92: Data Table connected China - Year-over-year maturation 2022-2027 (%)
  • 9.10 Germany - Market size and forecast 2022-2027
    • Exhibit 93: Chart connected Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Data Table connected Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 95: Chart connected Germany - Year-over-year maturation 2022-2027 (%)
    • Exhibit 96: Data Table connected Germany - Year-over-year maturation 2022-2027 (%)
  • 9.11 Japan - Market size and forecast 2022-2027
    • Exhibit 97: Chart connected Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Data Table connected Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 99: Chart connected Japan - Year-over-year maturation 2022-2027 (%)
    • Exhibit 100: Data Table connected Japan - Year-over-year maturation 2022-2027 (%)
  • 9.12 UK - Market size and forecast 2022-2027
    • Exhibit 101: Chart connected UK - Market size and forecast 2022-2027 ($ million)
    • Exhibit 102: Data Table connected UK - Market size and forecast 2022-2027 ($ million)
    • Exhibit 103: Chart connected UK - Year-over-year maturation 2022-2027 (%)
    • Exhibit 104: Data Table connected UK - Year-over-year maturation 2022-2027 (%)
  • 9.13 Market accidental by geography 
    • Exhibit 105: Market accidental by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 106: Impact of drivers and challenges successful 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape 
    • Exhibit 107: Overview connected Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 108: Overview connected factors of disruption
  • 11.4 Industry risks 
    • Exhibit 109: Impact of cardinal risks connected business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 110: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 111: Matrix connected vendor presumption and classification
  • 12.3 Advanced Micro Devices Inc. 
    • Exhibit 112: Advanced Micro Devices Inc. - Overview
    • Exhibit 113: Advanced Micro Devices Inc. - Business segments
    • Exhibit 114: Advanced Micro Devices Inc. - Key news
    • Exhibit 115: Advanced Micro Devices Inc. - Key offerings
    • Exhibit 116: Advanced Micro Devices Inc. - Segment focus
  • 12.4 Alphabet Inc. 
    • Exhibit 117: Alphabet Inc. - Overview
    • Exhibit 118: Alphabet Inc. - Business segments
    • Exhibit 119: Alphabet Inc. - Key news
    • Exhibit 120: Alphabet Inc. - Key offerings
    • Exhibit 121: Alphabet Inc. - Segment focus
  • 12.5 bHaptics Inc. 
    • Exhibit 122: bHaptics Inc. - Overview
    • Exhibit 123: bHaptics Inc. - Product / Service
    • Exhibit 124: bHaptics Inc. - Key offerings
  • 12.6 Carl Zeiss AG 
    • Exhibit 125: Carl Zeiss AG - Overview
    • Exhibit 126: Carl Zeiss AG - Business segments
    • Exhibit 127: Carl Zeiss AG - Key offerings
    • Exhibit 128: Carl Zeiss AG - Segment focus
  • 12.7 Electronic Arts Inc. 
    • Exhibit 129: Electronic Arts Inc. - Overview
    • Exhibit 130: Electronic Arts Inc. - Product / Service
    • Exhibit 131: Electronic Arts Inc. - Key offerings
  • 12.8 Fallen Planet Studios Ltd 
    • Exhibit 132: Fallen Planet Studios Ltd - Overview
    • Exhibit 133: Fallen Planet Studios Ltd - Product / Service
    • Exhibit 134: Fallen Planet Studios Ltd - Key offerings
  • 12.9 HTC Corp. 
    • Exhibit 135: HTC Corp. - Overview
    • Exhibit 136: HTC Corp. - Product / Service
    • Exhibit 137: HTC Corp. - Key offerings
  • 12.10 Magic Leap Inc. 
    • Exhibit 138: Magic Leap Inc. - Overview
    • Exhibit 139: Magic Leap Inc. - Product / Service
    • Exhibit 140: Magic Leap Inc. - Key offerings
  • 12.11 Meta Platforms Inc. 
    • Exhibit 141: Meta Platforms Inc. - Overview
    • Exhibit 142: Meta Platforms Inc. - Product / Service
    • Exhibit 143: Meta Platforms Inc. - Key offerings
  • 12.12 Microsoft Corp. 
    • Exhibit 144: Microsoft Corp. - Overview
    • Exhibit 145: Microsoft Corp. - Business segments
    • Exhibit 146: Microsoft Corp. - Key news
    • Exhibit 147: Microsoft Corp. - Key offerings
    • Exhibit 148: Microsoft Corp. - Segment focus
  • 12.13 Nintendo Co. Ltd. 
    • Exhibit 149: Nintendo Co. Ltd. - Overview
    • Exhibit 150: Nintendo Co. Ltd. - Business segments
    • Exhibit 151: Nintendo Co. Ltd. - Key offerings
    • Exhibit 152: Nintendo Co. Ltd. - Segment focus
  • 12.14 NVIDIA Corp. 
    • Exhibit 153: NVIDIA Corp. - Overview
    • Exhibit 154: NVIDIA Corp. - Business segments
    • Exhibit 155: NVIDIA Corp. - Key news
    • Exhibit 156: NVIDIA Corp. - Key offerings
    • Exhibit 157: NVIDIA Corp. - Segment focus
  • 12.15 Qualcomm Inc. 
    • Exhibit 158: Qualcomm Inc. - Overview
    • Exhibit 159: Qualcomm Inc. - Business segments
    • Exhibit 160: Qualcomm Inc. - Key news
    • Exhibit 161: Qualcomm Inc. - Key offerings
    • Exhibit 162: Qualcomm Inc. - Segment focus
  • 12.16 Razer Inc. 
    • Exhibit 163: Razer Inc. - Overview
    • Exhibit 164: Razer Inc. - Business segments
    • Exhibit 165: Razer Inc. - Key offerings
    • Exhibit 166: Razer Inc. - Segment focus
  • 12.17 Samsung Electronics Co. Ltd. 
    • Exhibit 167: Samsung Electronics Co. Ltd. - Overview
    • Exhibit 168: Samsung Electronics Co. Ltd. - Business segments
    • Exhibit 169: Samsung Electronics Co. Ltd. - Key news
    • Exhibit 170: Samsung Electronics Co. Ltd. - Key offerings
    • Exhibit 171: Samsung Electronics Co. Ltd. - Segment focus

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 172: Inclusions checklist
    • Exhibit 173: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 174: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 175: Research methodology
    • Exhibit 176: Validation techniques employed for marketplace sizing
    • Exhibit 177: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 178: List of abbreviations

About Us

Technavio is simply a starring planetary exertion probe and advisory company. Their probe and investigation absorption connected emerging marketplace trends and provides actionable insights to assistance businesses place marketplace opportunities and make effectual strategies to optimize their marketplace positions. With implicit 500 specialized analysts, Technavio's study room consists of much than 17,000 reports and counting, covering 800 technologies, spanning crossed 50 countries. Their lawsuit basal consists of enterprises of each sizes, including much than 100 Fortune 500 companies. This increasing lawsuit basal relies connected Technavio's broad coverage, extended research, and actionable marketplace insights to place opportunities successful existing and imaginable markets and measure their competitory positions wrong changing marketplace scenarios.

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Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

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