New Market Research Reports Title “Virtual Reality In Gaming Market Analysis Size and Segment Forecasts to 2022” Has Been Added to GrandViewResearch.com Report Database
The global virtual reality in gaming market size is expected to reach USD 9.55 billion by 2022, according to a new report by Grand View Research, Inc. Increasing disposable income and changing lifestyle are expected to drive virtual reality in gaming industry growth over the forecast period. Rising investments by tech giants in such advanced state-of-the-art technology has led to increased popularity for VR.
The gaming world has incorporated advanced technology more rapidly than other entertainment industries. Virtual reality creates a simulated environment using VR hardware and software, and provides an experience of real-life game play environment to the user. Virtual reality is primarily experienced through sound and sight. It involves the use of data suits, VR headsets, and earphones that are fitted with sensors. Virtual reality can be divided into simulation of real environment for education and training and the development of an imagined environment for a story or a game.
VR goggles and headsets form a major part of the setup and offer potential opportunity for the industry participants. Manufacturers are increasingly focusing on developing devices that are lighter, smaller, more comfortable, and available at affordable prices.
Further key findings from the report suggest:
Grand View Research has segmented the global virtual reality in gaming market on the basis of component, console type, and region:
Virtual Reality in Gaming Component Outlook (Revenue, USD Billion, 2012 – 2022)
Virtual Reality in Gaming Console Type Outlook (Revenue, USD Billion, 2012 – 2022)
Virtual Reality in Gaming Regional Outlook (Revenue, USD Billion, 2012 – 2022)
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