Virtual Reality Market Poised to Show Significant Growth, Predicts Renub Research in Its Report Available at MarketPublishers.com

06 Jul 2016 • by Natalie Aster

LONDON – The world’s virtual reality marketplace is set to grow considerably in the upcoming years. It is expected to be 8 times bigger by 2020 than it is now.

The application segment will dominate the marketplace over the hardware segment. In 2016, healthcare sector takes the lead. Competition from other sectors like live events and videogames is currently on the rise, the healthcare sector may be dethroned by 2020.

Technological advancements and rising investment in the field of virtual reality are some of the major forces driving the market space. However, prices for virtual reality hardware pose a challenge to this marketplace.

There are some leading companies in the global virtual reality arena, and HTC is the number one player.

In-demand research report “Virtual Reality Market Hardware & Software Global Analysis” drawn up by Renub Research offers a comprehensive guide to the world’s virtual reality marketplace. The study provides a 360-degree view of this market and covers shares of this marketplace in detail.

It pays special attention to the hardware segment and limelights its performance over the period 2014-2020, thus comprising historical and current data and future projections. The report casts light on the software segment, as well. The research study looks at factors that drive growth and delves deep into challenges this space faces.

Profiles of key companies like Sony, Facebook, HTC, and more can be covered in the report.

Report Highlights:

  • all-inclusive overview of the marketplace;
  • deep insights into performance of this market;
  • investigation of all segments;
  • data on top companies;
  • exploration of challenges and drivers of this space;
  • future outlook;
  • and more.

More topical studies by Renub Research now available at its page. 

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Natalie Aster
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