Market Research Technology & Media Market Research Telecommunications & Wireless Market Research Wireless Market Research 5G & 6G Market Research

Virtual Reality Market Outlook and Forecasts 2022 – 2028

Best Price Guarantee Length Publisher Published Date SKU
from $3,500 160 Pages Mind Commerce March, 2022 CCJQ17009499
Best Price Guarantee
Price from $3,500
Length 160 Pages
Publisher Mind Commerce
Published Date March, 2022
SKU CCJQ17009499

Virtual Reality Market Outlook and Forecasts 2022 – 2028

The virtual reality market is poised to experience a massive transformation over the next five years driven by advances in devices, apps, components, content, and broadband communication. The anticipated price decline for consumer headsets will also spur VR market growth, causing app and content development to reach an inflection point. Robust growth of VR headsets will be seen in both high-end and mid-tier adoptions. Fully immersive VR systems are anticipated to experience substantial growth.

This report assesses the virtual reality market including analysis of VR ecosystem and role of value chain partners, evaluation of VR intellectual property, and analysis of VR devices, apps, and content. The report also provides an assessment of key VR companies and solutions, analysis of emerging business models and more. In terms of virtual reality market hardware, this VR market report covers fully immersive headgear, semi-immersive large screens, and non-immersive desktops and other smaller screens.

Select Findings:
• Active VR user will grow at 52.1% CAGR
• Enterprise applications will lead the market
• Nearly 2 billion VR unit will be deployed by 2028
• Global VR market poised to reach $109.9B by 2028
• Fully immersive technology will grow at 40.5% CAGR
• 5G and edge computing will play a critical role in VR adoption

Companies in Report:
• 3D Systems Simbionix
• Analog Devices Inc.
• Avegant Corp.
• BARCO
• Cyber Glove Systems
• Cypress Semiconductor Corp
• EON Reality Inc.
• FOVE Inc.
• Google Inc.
• HTC Corporation
• Huawei Technologies
• Integrated Device Technology Inc
• Intel Corporation
• Leap Motion Inc.
• LG Corporation
• Magic Leap
• Maxim Integrated
• Meta
• Microsoft Corporation
• NextVR
• NGRAIN Corporation (mCloud)
• Niantic Inc.
• Nokia
• NVidia Corporation
• NXP
• Qualcomm Inc.
• Rohm Semiconductor
• Samsung Electronics Co. Ltd.
• Semtech Corporation
• Sixense Entertainment Inc.
• SK Telecom
• Sony Corporation
• StreamVR
• Texas Instruments
• Unity Technologies
• VIRTALIS
• Virtual Reality Company
• VREAL
• Vuzix Corporation
• Wevr
• WorldViz
• Zeiss VR One
• ZTE Corporation


1.0 Executive Summary
2.0 Introduction
2.1 Defining Virtual Reality
2.1.1 Virtual Reality Systems
2.1.2 Virtual Reality System Architecture
2.2 Virtual Reality Market Drivers
2.2.1 Increasing Popularity of Immersive Vision
2.2.2 Usability to Increase Adoption of VR Devices
2.2.3 VR Functions Embedded in Devices
2.2.4 Application in Training and Simulation
2.2.5 Increasing Affordability of Devices and Components
2.2.5.1 HMD Device Pricing
2.2.5.2 VR Content Pricing
2.2.6 VR in Enterprise and Industrial Settings
2.3 Virtual Reality Market Challenges
2.3.1 Adverse Impact on User Health
2.3.2 Fully Immersive VR is Costly
2.3.3 Ensuring Usability in Design and Tracking
2.3.4 High Energy Consumption
2.4 Virtual Reality Market Opportunities
2.4.1 VR Investment Trends
2.4.2 VR Mergers and Acquisitions
2.4.3 VR Complements Mixed Reality
2.4.4 VR in Defense and Homeland Security
2.4.5 VR and Telepresence Apps
2.4.6 VR meets Immersive Social Platforms
2.4.7 VR in Drone Operation and Telerobotics
2.4.8 VR in Pornography Industry
2.4.9 VR Accelerates 3D TV and Printing
2.4.10 VR in Life Saving Applications
2.4.11 VR Opportunities for Network Operators
2.4.12 5G to take Haptic VR Experience Mainstream
2.5 Virtual Reality Patent Analysis
2.6 Virtual Reality Market Ecosystem
2.7 Virtual Reality Business Models
2.7.1 Subscription Services
2.7.2 Pay-Per-Experience Model
2.8 Value Chain Analysis
2.8.1 Device Manufacturers
2.8.2 Component Manufacturers
2.8.3 Software Solution Providers
2.8.4 VR Service Suit Providers
2.8.5 VR Content Providers
2.8.6 End Users
3.0 Virtual Reality Technology and Application Analysis
3.1 VR Technology
3.1.1 Non-Immersive Technology
3.1.2 Semi-Immersive Technology
3.1.3 Fully Immersive Technology
3.2 Virtual Reality Devices
3.2.1 Head Mounted Displays
3.2.2 Gesture Tracking Devices
3.2.2.1 Haptic Gloves
3.2.2.2 Haptic Suits
3.2.2.3 Other VR Devices
3.2.3 Projectors and Display Walls
3.2.4 Heads-Up Displays
3.3 Virtual Reality Hardware Components
3.3.1 Sensors
3.3.1.1 Accelerometers
3.3.1.2 Proximity Sensor
3.3.1.3 Magnetometers
3.3.1.4 GPS System
3.3.1.5 Gyroscopes
3.3.1.6 3D Image Sensor
3.3.2 Semiconductor Component
3.3.2.1 Haptic Controller and Integrated Circuits
3.3.2.2 Graphic Processing Units
3.3.2.3 VR Displays
3.3.2.4 Central Processing Units
3.3.2.5 Memory
3.3.2.6 Tracking System
3.3.2.7 Process Acceleration Cards
3.3.2.8 Input Devices
3.3.2.9 USB Connector
3.3.3 Audio Hardware
3.4 Virtual Reality Software Market
3.4.1 Virtual Reality Applications
3.4.2 Software Component
3.4.2.1 Reality Engine
3.4.2.2 Software Development Kits
3.4.2.3 3D Modeling
3.4.2.4 2D Graphics
3.4.2.5 Digital Sound Editing
3.5 Virtual Reality Services Market
3.5.1 Simulation Services
3.5.2 Application Store Services
3.5.3 Deployment and Management Services
3.6 Virtual Reality Content Marketing
3.6.1 Games and Entertainment
3.6.2 Virtual Reality, Video, and an Emphasis on Instructional Content
3.6.3 Virtual Reality Theme Parks: An Immersive Experience
3.6.4 Virtual Reality Content Developer Engagement
3.7 Virtual Reality Platforms
3.8 Virtual Reality Market Applications
3.8.1 VR Consumer Applications
3.8.2 VR Enterprise Applications
3.8.3 VR Industrial Applications
3.9 Regional Virtual Reality Markets
3.10 Virtual Reality and 5G
3.11 Virtual Reality Revenue Expectations
4.0 Virtual Reality Company Analysis
4.1 Oculus VR, LLC (Meta)
4.2 Sony Corporation
4.3 Samsung Electronics Co. Ltd.
4.4 HTC Corporation
4.5 EON Reality Inc.
4.6 Google Inc.
4.7 Microsoft Corporation
4.8 Vuzix Corporation
4.9 Cyber Glove Systems
4.10 Sensics Inc.
4.11 Leap Motion Inc.
4.12 Sixense Entertainment Inc.
4.13 Avegant Corp.
4.14 FOVE Inc.
4.15 Open Source Virtual Reality (OSVR)
4.16 Zeiss VR One
4.17 Intel Corporation
4.18 Alcatel Mobile
4.19 ZTE Corporation
4.20 Unity Technologies
4.21 Magic Leap
4.22 NVidia Corporation
4.23 BARCO
4.24 MYO
4.25 NGRAIN Corporation
4.26 WorldViz
4.27 Wevr
4.28 NextVR
4.29 Osterhout Design Group
4.30 Niantic Inc.
4.31 Virtual Reality Company
4.32 VIRTALIS
4.33 Meta (previously Facebook)
4.34 Huawei Technologies
4.35 Qualcomm Inc.
4.36 SK Telecom
4.37 LG Corporation
4.38 Nokia StarGazing VR Application
4.39 VREAL
4.40 StreamVR
4.41 Analog Devices Inc.
4.42 Atmel Corporation
4.43 Cypress Semiconductor Corp
4.44 NXP
4.45 Integrated Device Technology Inc
4.46 Maxim Integrated
4.47 NKK Switches
4.48 Rohm Semiconductor
4.49 Semtech Corporation
4.50 Texas Instruments
5.0 Virtual Reality Market Analysis and Forecast 2022 – 2028
5.1 Global Virtual Reality Market 2022 – 2028
5.1.1 Global Virtual Reality Market by Technology
5.1.2 Global Virtual Reality Market by Segment
5.1.2.1 Global Virtual Reality Market by Device
5.1.2.1.1 Global Virtual Reality Market by Gesture Tracking Device
5.1.2.2 Global Virtual Reality Market by Hardware Component
5.1.2.2.1 Global Virtual Reality Market by Sensor Type
5.1.2.2.2 Global Virtual Reality Market by Semiconductor Component
5.1.2.3 Global Virtual Reality Market by VR Software
5.1.2.3.1 Global Virtual Reality Market by Software Component
5.1.2.4 Global Virtual Reality Market by Service
5.1.2.5 Global Virtual Reality Market by VR Content
5.1.3 Global Virtual Reality Market by Business Model
5.1.4 Global Virtual Reality Market by Consumer, Enterprise, Industrial and Government Segments
5.1.4.1 Global Virtual Reality Market by Consumer Application
5.1.4.2 Global Virtual Reality Market by Enterprise Application
5.1.4.3 Global Virtual Reality Market by Industrial Application
5.1.4.4 Global Virtual Reality Market by Government Application
5.1.5 Global Virtual Reality Market by Deployment Type
5.1.6 Global MEC Enabled Virtual Reality Infrastructure Market
5.1.7 Global Edge Computing Enabled Virtual Reality Hardware Market
5.1.8 Global Virtual Reality Market by Region
5.1.8.1 North America Virtual Reality Market by Country
5.1.8.2 APAC Virtual Reality Market by Country
5.1.8.3 Europe Virtual Reality Market by Country
5.1.8.4 MEA Virtual Reality Market by Country
5.1.8.5 Latin America Virtual Reality Market by Country
5.2 Global VR Unit Deployment 2022 – 2028
5.2.1 Global VR Unit Deployment by Segment
5.2.1.1 Global VR Unit Deployment by VR Device
5.2.1.1.1 Global VR Unit Deployment by Gesture Tracking Device
5.2.1.2 Global VR Unit Deployment by VR Component
5.2.1.2.1 Global VR Unit Deployment by Hardware Component
5.2.1.2.1.1 Global VR Unit Deployment by Sensor
5.2.1.2.1.2 Global VR Unit Deployment by Semiconductor Component
5.2.1.2.2 Global VR Unit Deployment by Software Component
5.2.1.3 Global VR Unit Deployment by VR App
5.2.2 Global VR Unit Deployment by Application
5.2.2.1 Global VR Unit Deployment by Consumer Application
5.2.2.2 Global VR Unit Deployment by Enterprise Application
5.2.2.3 Global VR Unit Deployment by Industrial Application
5.2.2.4 Global VR Unit Deployment by Government Application
5.2.3 Global VR Unit Deployment by Region
5.2.3.1 North America VR Unit Deployment by Country
5.2.3.2 APAC VR Unit Deployment by Country
5.2.3.3 Europe VR Unit Deployment by Country
5.2.3.4 MEA VR Unit Deployment by Country
5.2.3.5 Latin America VR Unit Deployment by Country
5.3 Global Virtual Reality User Forecasts 2022 – 2028
5.3.1 Global Virtual Reality Users by Devices and Applications
5.3.2 Global Virtual Reality Users by Technology
5.3.3 Global Virtual Reality by Consumer, Enterprise, Industrial and Government Users
5.3.4 Global Virtual Reality Users by Region
5.3.4.1 North America Virtual Reality Users by Country
5.3.4.2 APAC Virtual Reality Users by Country
5.3.4.3 Europe Virtual Reality Users by Country
5.3.4.4 Middle East and Africa Virtual Reality Users by Country
5.3.4.5 Latin America Virtual Reality Users by Country
6.0 Conclusions and Recommendations
6.1 Advertisers and Media Companies
6.2 Artificial Intelligence Providers
6.3 Automotive Companies
6.4 Broadband Infrastructure Providers
6.5 Communication Service Providers
6.6 Computing Companies
6.7 Data Analytics Providers
6.8 Immersive Technology (AR, VR, and MR) Providers
6.9 Networking Equipment Providers
6.10 Networking Security Providers
6.11 Semiconductor Companies
6.12 IoT Suppliers and Service Providers
6.13 Software Providers
6.14 Smart City System Integrators
6.15 Social Media Companies
6.16 Enterprise and Government
Figures
Figure 1: VR System Development Costs
Figure 2: VR System Architecture
Figure 3: VR Investment by Use Cases by 2025
Figure 4: VR Investment by Investor Type
Figure 5: VR Market Segments
Figure 6: VR Technology Platform
Figure 7: Virtual Reality Sensory Displays
Figure 8: VR Content Developer Engagement Ratio
Figure 9: 5G Deployment
Figure 10: IMT 2020 URLLC Requirement
Figure 11: Virtual Reality and 5G
Figure 12: Virtual Reality ARPU
Figure 13: Global Virtual Reality Market 2022 – 2028
Figure 14: Global VR Unit Deployment 2022 – 2028
Figure 15: Global VR User 2022 – 2028
Tables
Table 1: HMD Pricing Lists
Table 2: VR Content Pricing Lists
Table 3: VR Mergers and Acquisitions
Table 4: Head Mounted Display Manufacturers
Table 5: VR Gloves Manufacturers
Table 6: VR Haptic Suit Manufacturers
Table 7: GTD Product Manufacturers
Table 8: Projectors and Display Wall Manufacturers
Table 9: HUD Manufacturers
Table 10: MEMS Accelerometers Manufacturers
Table 11: Proximity Sensor Manufacturers
Table 12: Magnetometers Manufactures
Table 13: GPS System Manufactures
Table 14: MEMS Gyroscopes Manufactures
Table 15: 3D Image Sensor Manufactures
Table 16: Capacitive Sensing Controller and ICs Manufacturers
Table 17: Virtual Reality GPU Manufacturers
Table 18: Virtual Reality Display Manufacturers
Table 19: Virtual Reality CPU Manufacturers
Table 20: Memory Chip Manufacturers
Table 21: Virtual Reality Tracking System Manufacturers
Table 22: Process Acceleration Cards Manufacturers
Table 23: Virtual Reality Input Device Manufacturers
Table 24: USB Connector Manufacturers
Table 25: Virtual Reality 3D Audio Device Manufacturers
Table 26: Virtual Reality Software and Component Provider
Table 27: Global Virtual Reality Market by Technology 2022 – 2028
Table 28: Global Virtual Reality Market by Segment 2022 – 2028
Table 29: Global Virtual Reality Market by Device 2022 – 2028
Table 30: Global Virtual Reality Market by Gesture Tracking Device 2022 – 2028
Table 31: Global Virtual Reality Market by Hardware Component 2022 – 2028
Table 32: Global Virtual Reality Market by Sensor 2022 – 2028
Table 33: Global Virtual Reality Market by Semiconductor Component 2022 – 2028
Table 34: Global Virtual Reality Market by VR Software 2022 – 2028
Table 35: Global Virtual Reality Market by Software Component 2022 – 2028
Table 36: Global Virtual Reality Market by Service 2022 – 2028
Table 37: Global Virtual Reality Market by VR Content 2022 – 2028
Table 38: Global Virtual Reality Market by Business Model 2022 – 2028
Table 39: Global Virtual Reality Market by Application 2022 – 2028
Table 40: Global Virtual Reality Market by Consumer Application 2022 – 2028
Table 41: Global Virtual Reality Market by Enterprise Application 2022 – 2028
Table 42: Global Virtual Reality Market by Industrial Application 2022 – 2028
Table 43: Global Virtual Reality Market by Government Application 2022 – 2028
Table 44: Global Virtual Reality Market by Deployment 2022 – 2028
Table 45: Global MEC Enabled Virtual Reality Infrastructure Market 2022 – 2028
Table 46: Global MEC Enabled Virtual Reality Hardware Market 2022 – 2028
Table 47: Global Virtual Reality Market by Region 2022 – 2028
Table 48: North America Virtual Reality Market by Country 2022 – 2028
Table 49: APAC Virtual Reality Market by Country 2022 – 2028
Table 50: Europe Virtual Reality Market by Country 2022 – 2028
Table 51: MEA Virtual Reality Market by Country 2022 – 2028
Table 52: Latin America Virtual Reality Market by Country 2022 – 2028
Table 53: Global VR Unit Deployment by Segment 2022 – 2028
Table 54: Global VR Unit Deployment by VR Device 2022 – 2028
Table 55: Global VR Unit Deployment by Gesture Tracking Device 2022 – 2028
Table 56: Global VR Unit Deployment by VR Component 2022 – 2028
Table 57: Global VR Unit Deployment by Hardware Component 2022 – 2028
Table 58: Global VR Unit Deployment by Sensor 2022 – 2028
Table 59: Global VR Unit Deployment by Semiconductor Component 2022 – 2028
Table 60: Global VR Unit Deployment by Software Component 2022 – 2028
Table 61: Global VR Unit Deployment by VR App 2022 – 2028
Table 62: Global VR Unit Deployment by Application 2022 – 2028
Table 63: Global VR Unit Deployment by Consumer Application 2022 – 2028
Table 64: Global VR Unit Deployment by Enterprise Application 2022 – 2028
Table 65: Global VR Unit Deployment by Industrial Application 2022 – 2028
Table 66: Global VR Unit Deployment by Government Application 2022 – 2028
Table 67: Global VR Unit Deployment by Region 2022 – 2028
Table 68: North America VR Unit Deployment by Country 2022 – 2028
Table 69: APAC VR Unit Deployment by Country 2022 – 2028
Table 70: Europe VR Unit Deployment by Country 2022 – 2028
Table 71: MEA VR Unit Deployment by Country 2022 – 2028
Table 72: Latin America VR Unit Deployment by Country 2022 – 2028
Table 73: Global VR User by Segment 2022 – 2028
Table 74: Global VR User by Technology 2022 – 2028
Table 75: Global VR User by Application 2022 – 2028
Table 76: Global VR User by Region 2022 – 2028
Table 77: North America VR User by Country 2022 – 2028
Table 78: APAC VR User by Country 2022 – 2028
Table 79: Europe VR User by Country 2022 – 2028
Table 80: MEA VR User by Country 2022 – 2028
Table 81: Latin America VR User by Country 2022 – 2028

$3,500
$4,000
$7,000
$6,500

Research Assistance

US: 800.298.5699
Int'l: +1.240.747.3093
Live help
Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Other tasks

Cookie Settings