Tuesday, May 4, 2021

Location Based VR Market Outlook to 2027: Emerging Trends And Will Generate New Growth Opportunities Status

Location Based VR Market - Snapshot

Transparency Market Research has published a new research report on the global location based VR market. According to this report, the global market was valued at US$12,234 mn back in the year 2017. The research report also states the global market is expected to achieve a highly promising CAGR of 15.25% during the projection period of 2019 to 2027.

Get sample copy of at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=66836

Europe and Asia Pacific to Show Promising Growth

In terms of regional segmentation, the global location based VR market is currently led by the regional market of North America. The region has been the chief contributor for the market growth because of the considerable adoption of these location based VR solutions. In addition to this, increasing awareness as well as early availability of technology, and constant technological developments has also helped in pushing the growth of the North America market.

The competitive landscape of the global location based VR market is a fragmented one with the presence of several key players. These leading companies are constantly trying to develop more advanced and high-end products. In addition to this, the companies are focusing on aggressive marketing strategies such as mergers and acquisitions for staying ahead of the competition. Some of the leading companies in the global location based VR market include names such as ScienceSoft USA Corporation, Oculus VR, NEXT NOW Inc., MOFABLES, Intel Corporation, Huawei Technologies Co. Ltd., HTC Corporation, HQSoftware, Google LLC, Craftars, Cortex, BidOn Games Studio, and Appentus Technologies among others.

Increasing Investments to Fuel Market Growth

There are several factors that are helping to drive the growth of the global location based VR market. One of the key driving factor for the market growth has been the emergence of several startups catering to several location based VR solutions. Moreover, these companies are targeting a high-end growth and certain end-use application in the previous few 4 to 5 years. Furthermore, the growth of the global market is fueled by increasing funding and investments to develop highly advanced products and solutions.

The global location based VR market has been segmented as below:

Component

  • Hardware (Thousand Units)
    • Head Mounted Display
    • Head up Display
    • Glasses
    • Sensor/ Input
    • Camera
  • Software

End-use

  • Amusement Park
  • Themed Attraction
  • 4D Films
  • Automotive
  • Retail & Transport
  • Healthcare

Application

  • Entertainment
  • Media
  • Training/ Simulation
  • Navigation
  • Sales
  • Medical 

Technology Type

  • 2 Dimensional (3D)
  • 3 Dimensional (2D)
  • Cloud Merged Reality (CMR)

Have any query? Inquiry about report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=66836

About Us 

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. 

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports thrive to provide clients to serve their overall research requirement.    

Contact

90 State Street, Albany
NY 12207, United States
DL: +1-518-618-1030
Website: https://www.transparencymarketresearch.com/
Email: sales@transparencymarketresearch.com

 

No comments:

Post a Comment