Head-mounted Display Market Forecast Report 2021: USD 36.09 Billion Market Growth Opportunity by 2025| Technavio
NEW YORK, June 16, 2022 /PRNewswire/ -- The head-mounted display market share is expected to increase by USD 36.09 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 45.79% as per the latest market report by Technavio. The head-mounted display market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. BAE Systems Plc, CINOPTICS, Collins Aerospace, Elbit Systems Ltd., Fujitsu Ltd., HTC Corp., Microsoft Corp., Samsung Electronics Co. Ltd., Seiko Epson Corp., and Sony Group Corp. are among some of the major market participants.
Head-mounted Display Market 2021-2025: Scope
Head-mounted Display Market 2021-2025: Drivers & Challenges
The emergence of industry 4.0 is notably driving the global head-mounted display market growth. The emergence of Industry 4.0 represents the fourth industrial revolution in the manufacturing industry. The connected ecosystem using IoT will be instrumental in helping manufacturers and consumers provide improved communication and monitoring systems and increased automation, along with self-diagnosis and new levels of analysis, for a productive future. Industry 4.0 is the current transformation of industries, characterized by automation, cloud, cyber-physical systems, robots, big data, artificial intelligence (AI), and (semi-) autonomous techniques.
However, the limited battery life is the major challenge impeding the global head-mounted display market growth. One of the drawbacks of Head-mounted displays is their limited battery life. The average battery life of Head-mounted displays ranges between four and six hours of typical usage. Thus, there is a constant need to charge the device for longer hours of use. Users would need to constantly charge the device, which may even mean abandoning an operation mid-way. Finding a balance between the cost and efficiency of devices is a challenge for enterprises. Head-mounted displays are extensively deployed in industries for operations that run for long periods of time.
Head-mounted Display Market 2021-2025: Segmentation Analysis
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Get ready to achieve excellent business outcomes from this exclusive Head-mounted Display Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as -
The competitive scenario provided in the Head-mounted Display Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Head-mounted Display Market Forecast Report - Buy Now!
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Application
6 Market Segmentation by End-user
7 Customer landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
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