Vietnam Augmented Reality & Virtual
Reality market is expected to grow at a steady rate in the forecast period, 2023-2027.
The rising youth population and increasing demand for mobile gaming
applications are contributing significantly to the market growth. High-end
investments by the market players and the growing adoption of the augmented
reality and virtual reality technology across prominent industry verticals are
influencing the growth of the augmented reality & virtual reality market
growth. The use of augmented and virtual reality technology for training and
skill-development purposes in educational institutions and training centers is
expected to accelerate the demand of the market in the next five years. The use
of technology helps to create an immersive and interactive environment for
consumers and can easily replicate real-life scenarios. The high demand for the
augmented reality technology in the healthcare sector to prevent the use of the
human body which is unethical and can harm the human body and can provide the
valid tools to train the medical professionals is expected to boost the growth
of the augmented reality & virtual reality market in the next five years.
Organizations and institutions are using the technology in collaborative
seminars, meetings, lectures, training to provide the enhance the consumer
experience and provide their data more efficiently is expected to propel the
market growth in the forecast period.
Vietnam Augmented Reality & Virtual
Reality market is segmented into product type, organization size, offering,
application, end user, regional distribution, and company. Based on the product
type, the market can be divided into the head-mounted display, head-up display,
smart glass, and handheld device applications. The head-mounted display segment
is expected to account for a major market share in the forecast period, 2023-2027.
The surge in the use of head-mounted displays in enterprise and consumer
applications is contributing to the market growth. The introduction of
different variety of head-mounted displays such as hybrid, tethered, and
self-contained HMDs and the growing application of HMD in aerospace, military,
research, medical field, amongst others are contributing to the market
growth.
The major players operating in the Vietnam
Augmented Reality & Virtual Reality market are Xtreme
Studio, Hyperlink InfoSystem, Savvycom Software, Omaha Media Group LLC, Siclo, Amaris,
InspiLab, Elinext, Wizeline, Ventuso LLC, Waverley Software, Co-Well Asia, Marvy
Co., and others. Major companies are developing advanced technologies and
launching new services to stay competitive in the market. Other competitive
strategies include mergers & acquisitions and new service developments.
Objective of the Study:
- To analyze the historical growth of the market size of Vietnam
Augmented Reality & Virtual Reality market from 2017 to 2020.
- To estimate and forecast the market size of Vietnam Augmented
Reality & Virtual Reality market from 2021 to 2027 and growth rate
until 2027.
- To classify and forecast Vietnam Augmented Reality & Virtual
Reality market based on product type, organization size, offering,
application, end user, regional distribution, and company.
- To identify dominant region or segment in the Vietnam Augmented
Reality & Virtual Reality.
- To identify drivers and challenges for Vietnam Augmented Reality
& Virtual Reality.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in Vietnam Augmented Reality
& Virtual Reality.
- To identify and analyze the profile of leading players operating in
Vietnam Augmented Reality & Virtual Reality.
- To identify key sustainable strategies adopted by market players in
Vietnam Augmented Reality & Virtual Reality market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of service providers across the globe. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the service providers which could not be
identified due to the limitations of secondary research. TechSci Research
analyzed the service providers, distribution channels and presence of all major
players across the globe.
TechSci
Research calculated the market size of Vietnam Augmented Reality & Virtual Reality market using a
bottom-up approach, wherein data for various end-user segments was recorded and
forecast for the future years. TechSci Research sourced these values from the
industry experts and company representatives and externally validated through
analyzing historical data of these product types and applications for getting
an appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Augmented Reality & Virtual Reality service
provider companies
- Market research and consulting firms
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums, and alliances related to Augmented
Reality & Virtual Reality.
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as service
providers, suppliers and partners, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
|
Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historic Data
|
2017 –
2020
|
|
Estimated Year
|
2022
|
|
Forecast Period
|
2023
– 2027
|
|
Quantitative Units
|
Revenue in USD Million, Volume in Units and CAGR for 2017-2021
and 2022E-2027F
|
|
Report coverage
|
Revenue
forecast, volume forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments covered
|
·
Product Type
·
Organization Size
·
Offering
·
Application
·
End User
|
|
Regional scope
|
Northern;
Central; Southern
|
|
Key companies profiled
|
Xtreme Studio, Hyperlink InfoSystem, Savvycom Software, Omaha
Media Group LLC, Siclo, Amaris, InspiLab, Elinext, Wizeline, Ventuso LLC,
Waverley Software, Co-Well Asia, Marvy Co.
|
|
Customization scope
|
10%
free report customization with purchase. Addition or alteration to regional
& segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
|
Report Scope:
In this report, Vietnam Augmented
Reality & Virtual Reality market has been segmented into following
categories, in addition to the industry trends which have also been detailed
below:
·
Vietnam Augmented Reality & Virtual
Reality Market, By Product Type:
- Head-Mounted
Display
- Head-Up
Display
- Smart
Glass
- Handheld
Device Applications
- Vietnam Augmented Reality & Virtual Reality Market, By
Organization Size:
- Large
Enterprises
- Small-
& Medium-sized Enterprises
- Vietnam Augmented Reality & Virtual Reality Market, By
Offering:
- Vietnam Augmented Reality & Virtual Reality Market, By
Application:
- Vietnam Augmented Reality & Virtual Reality Market, By
End User:
- Entertainment
- Manufacturing
- Healthcare
- Defense
- Consumer
Electronics
- Automotive
- Others
- Vietnam Augmented Reality & Virtual Reality Market, By Region:
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in Vietnam Augmented Reality & Virtual Reality market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
Vietnam Augmented Reality & Virtual Reality market is an upcoming
report to be released soon. If you wish an early delivery of this report or
want to confirm the date of release, please contact us at [email protected]