US Virtual Reality Headset Sales would Continue to be Driven by Gaming and Entertainment Sectors
Rising popularity of virtual reality (VR) gaming,
increasing investments into VR research & development and introduction of standalone
VR headsets to fuel the United States virtual reality headset market through
2023
According
to TechSci Research report, “United
States Virtual Reality Headset Market By Platform, By Type, By End User, By
Sales Channel, Competition Forecast & Opportunities, 2016 – 2023’’,
demand for VR headsets in the US is anticipated to
witness significant growth, with the market projected to exhibit a 28% CAGR during
2018 - 2023. Increasing adoption of virtual reality (VR) in gaming and
entertainment sectors, declining prices of VR headsets, and growing investments
in the research & development of augmented reality (AR) and VR infused
headsets are some of the key factors expected to drive the market over the
coming years. Sony Corporation of
America, Samsung Electronics America, Inc., HTC Vive Tech Corporation, Oculus
VR, LLC., and Google LLC are the major companies operating in the country’s
virtual reality headset market.
Browse 36
market data Figures and Tables spread through 86 Pages and an
in-depth TOC on "United
States Virtual Reality Headset Market"
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Gaming sector is
expected to contribute major revenue to the VR headset market, owing to
increasing popularity of mobile VR games and launch of gaming focused VR
headsets. Circumscribed VR headsets are expected to dominate the market, owing
to their early introduction in the market, high visual capabilities and
presence of dedicated VR headsets, such as PlayStation VR, Samsung Gear VR,
etc. Backed by high per capita income and presence of leading states with huge demand
for VR headsets, including California and Washington, Mid-West is likely to emerge
as the largest demand generating region for VR headsets in the United States
over the course of next five years.
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“Rising
internet penetration and growing popularity of VR content in the United States,
combined with increasing number of VR headset offerings including Sony’s
PlayStation VR and Samsung’s Gear VR, and surging number of VR games is driving
the VR headset market in the country. Moreover, VR technology is in its nascent
phase and is expected to witness traction in industries other than gaming and
entertainment over the next five years, with more diverse applications
including product designing, training & demonstration, etc., expected to
boost productivity of sectors, such as manufacturing and education, among
others. Additionally, growing market competition and launch of standalone VR
headsets are further boosting the sale of VR headsets in the US.”, said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm
“United States
Virtual
Reality Headset Market By Platform, By Type, By End User, By Sales Channel,
Competition Forecast & Opportunities, 2016 – 2023’’ has
evaluated the future growth potential of the United States virtual reality
headset market and provides statistics and information on market size, shares
and trends. The report will suffice in providing the intending clients with
cutting-edge market intelligence and help them in taking sound investment
decisions. Besides, the report also identifies and analyzes emerging trends
along with essential drivers and key challenges faced by the United States
virtual reality headset market.
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