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Virtual Reality Headset Market To Register Hike At 21.5% CAGR By 2025 Due To Shifting Trends Towards Virtual Experience in Media, Entertainment And Gaming Sector | Million Insights

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Virtual Reality Headset Market To Register Hike At 21.5% CAGR By 2025 Due To Shifting Trends Towards Virtual Experience in Media, Entertainment And Gaming Sector | Million Insights

April 06
07:45 2021
Virtual Reality Headset Market To Register Hike At 21.5% CAGR By 2025 Due To Shifting Trends Towards Virtual Experience in Media, Entertainment And Gaming Sector | Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global VR headsets industry offers in-depth assessment of the growth, size, competitive landscape and other aspects in different geographical regions. Furthermore, it sheds light on the market contribution, recent developments and successful marketing strategies of leading companies.

The global Virtual Reality (VR) Headsets Market size is anticipated to value USD 19.78 billion until 2025. It is also expected to register a CAGR of 21.5% over the forecasted years, 2019 to 2025. The shifting trend towards enhancing virtual experience across applications like retail, entertainment, media and gaming is anticipated to fuel up the demand for VR headsets.

The product segment of standalone PC-connected VR headsets held a dominant share across the global market in 2018 due to their cost-effective nature. It is also anticipated to account for the fastest growth over the forecasted period, 2019 to 2025. Also, the demand for smartphone-enabled and pc-enabled VR headsets is expected to surge over the upcoming years owing to their benefits like application-based pricing and ease of usage.

To download the sample PDF of “Virtual Reality (VR) Headsets Market Report” please click here: https://www.millioninsights.com/industry-reports/global-virtual-reality-vr-headset-market/request-sample

Global Virtual Reality (VR) headset market

The segment of gaming dominated the global market on account of their feature of providing enhanced user experience provided by the VR headsets coupled with surging infiltration of gaming consoles across the globe. While the retail application segment is projected to account for substantial growth in the upcoming years owing to their rising popularity among retailers for amplifying the shopping experience.

In 2018, Asia Pacific held the largest share across the global market owing to the increasing usage of VR-technology based devices prevailing among the millennial population. Europe and North America are showing more adoption of VR based products and devices owing to their popularity across many organizations.

The VR headset market includes key players such as Google Inc., Microsoft Corporation; Sony Corporation; Facebook Inc.; and HTC Corporation. They are investing hugely in product development and innovation to gain a competitive advantage and to widen their geographical reach.

To browse report summary & detailed TOC, please click the link below:
https://www.millioninsights.com/industry-reports/global-virtual-reality-vr-headset-market

Global VR headset market share

Further key findings from the report suggest:

• The segment of standalone PC-connected accounted for largest share across the global market in 2018.

• The application segment of gaming dominated the global market in 2018.

• In 2018, Asia Pacific held the largest share across the global market.

• The key players in this market are Google Inc., Microsoft Corporation; Sony Corporation; Facebook, Inc.; and HTC Corporation.

Million Insights has segmented the global virtual reality headsets market on the basis of product type, end device, application type and region:

VR Headset End Device Outlook (Revenue, USD Million, 2014 – 2025)
    • Low-end device
    • Mid-range device
    • High-end device

VR Headset Product Type Outlook (Revenue, USD Million, 2014 – 2025)
    • Standalone
    • Smartphone-enabled
    • Standalone PC-connected

VR Headset Application Type Outlook (Revenue, USD Million, 2014 – 2025)
    • Gaming
    • Media & Entertainment
    • Healthcare
    • Retail
    • Manufacturing
    • Education
    • Telecommunications
    • Others

VR Headset Regional Outlook (Revenue, USD Million, 2014 – 2025)
    • North America
        • U.S.
        • Canada
        • Mexico
    • Europe
        • U.K.
        • Germany
        • France
    • Asia Pacific
        • China
        • India
        • Japan
    • South America
        • Brazil
    • Middle East & Africa

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About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

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