Global Virtual Reality Market Summary, Competitive Analysis and Forecast to 2028
Summary
Global Virtual Reality industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Virtual reality (VR) refers to a computer-generated simulation of a three-dimensional environment that can be interacted with by a person using special electronic equipment, such as a headset with a screen or gloves fitted with sensors. Virtual reality can create a realistic and immersive experience that simulates the sensation of being in a different place or world, allowing the user to interact with objects or characters within the simulated environment.
- The global virtual reality market had total revenues of $11.8 million in 2023, representing a compound annual growth rate (CAGR) of 17.4% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 11% between 2018 and 2023, to reach a total of 0 million units in 2023.
- North America accounted for 35.5% of the global share in the virtual reality market followed by Asia-Pacific (32.7%) and Europe (22.5%) in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the virtual reality market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global virtual reality market
- Leading company profiles reveal details of key virtual reality market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global virtual reality market with five year forecasts
- What was the size of the Global virtual reality market by value in 2023?
- What will be the size of the Global virtual reality market in 2028?
- What factors are affecting the strength of competition in the Global virtual reality market?
- How has the market performed over the last five years?
- What are the main segments that make up the global's virtual reality market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players?
- 7.3. What strategies do the leading players follow?
- 7.4. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. Meta Platforms, Inc.
- 8.2. Sony Corporation
- 8.3. Da Peng VR
- 8.4. Beijing ByteDance Technology Co Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Global virtual reality market value: $ billion, 2018-23
- Table 2: Global virtual reality market volume: million units, 2018-23
- Table 3: Global virtual reality market category segmentation: % share, by value, 2018-2023
- Table 4: Global virtual reality market category segmentation: $ billion, 2018-2023
- Table 5: Global virtual reality market geography segmentation: $ billion, 2023
- Table 6: Global virtual reality market value forecast: $ billion, 2023-28
- Table 7: Global virtual reality market volume forecast: million units, 2023-28
- Table 8: Global virtual reality market share: % share, by volume, 2023
- Table 9: Meta Platforms, Inc.: key facts
- Table 10: Meta Platforms, Inc.: Annual Financial Ratios
- Table 11: Meta Platforms, Inc.: Key Employees
- Table 12: Meta Platforms, Inc.: Key Employees Continued
- Table 13: Sony Corporation: key facts
- Table 14: Sony Corporation: Annual Financial Ratios
- Table 15: Sony Corporation: Key Employees
- Table 16: Sony Corporation: Key Employees Continued
- Table 17: Sony Corporation: Key Employees Continued
- Table 18: Da Peng VR: key facts
- Table 19: Da Peng VR: Key Employees
- Table 20: Beijing ByteDance Technology Co Ltd: key facts
- Table 21: Beijing ByteDance Technology Co Ltd: Key Employees
- Table 22: Global exchange rate, 2019-22
- List of Figures
- Figure 1: Global virtual reality market value: $ billion, 2018-23
- Figure 2: Global virtual reality market volume: million units, 2018-23
- Figure 3: Global virtual reality market category segmentation: $ billion, 2018-2023
- Figure 4: Global virtual reality market geography segmentation: % share, by value, 2023
- Figure 5: Global virtual reality market value forecast: $ billion, 2023-28
- Figure 6: Global virtual reality market volume forecast: million units, 2023-28
- Figure 7: Forces driving competition in the global virtual reality market, 2023
- Figure 8: Drivers of buyer power in the global virtual reality market, 2023
- Figure 9: Drivers of supplier power in the global virtual reality market, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the global virtual reality market, 2023
- Figure 11: Factors influencing the threat of substitutes in the global virtual reality market, 2023
- Figure 12: Drivers of degree of rivalry in the global virtual reality market, 2023
- Figure 13: Global virtual reality market share: % share, by volume, 2023
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