Global Head Mounted Display Market 2021-2026 with Google, Microsoft., Samsung Electronics, Sony, and BAE Systems Dominating
DUBLIN, June 10, 2021 /PRNewswire/ -- The "Head Mounted Display Market 2020-2026" report has been added to ResearchAndMarkets.com's offering.
The global head-mounted display market is growing at a CAGR of nearly 35.0% during the forecast period.
The major factors that are augmenting the growth of the market include rising adoption in consumer applications and increasing adoption of augmented reality (AR) and virtual reality (VR) technology.
Head-mounted displays are regarded as highly immersive display devices that are significantly targeted towards e-learning, video games, and other kinds of digital entertainment. This immersive display device is normally used for watching movies and playing games as it can offer a more realistic and entirely immersive in-game environment to the user.
For instance, in March 2021, Sony declared that it will launch a new slate of PlayStation VR games, which includes a VR adaptation of Doom 3, I Expect You To Die 2: The Spy and The Liar, Fracked, After the Fall, Song in the Smoke, and Zenith: The Last City - The Fracture.
Further, rising funding opportunity in head mounted displays are estimated to offer an opportunity for market growth.
However, the high cost of head mounted devices and certain health side issues, including headache, is expected to hinder the adoption of head mounted displays.
The growth of AR applications has been led by the solutions that enable consumers to imagine and experience the product and service earlier buying it and visualize products.
The demand for AR technology will further accelerate owing to the rising innovations in AR headsets. For instance, in September 2019, Cambridge engineers, UK have developed a new AR head-mounted display that provides a realistic 3D viewing experience, without the commonly associated side effects of eyestrain or nausea.
Key Topics Covered:
For more information about this report visit https://www.researchandmarkets.com/r/karfp
For E.S.T Office Hours Call +1-917-300-0470
U.S. Fax: 646-607-1904
SOURCE Research and Markets
The Value of Interoperability Between Digital and Traditional Assets
Keynote Presentation by Zoom