Press Release / Technology / Virtual Reality in Gaming Industry to 2023: Market Capacity, Generation, Investment Trends, Regulations and Opportunities

Virtual Reality in Gaming Industry to 2023: Market Capacity, Generation, Investment Trends, Regulations and Opportunities

Market Scenario:
Virtual reality gaming is a form of application which uses three-dimensional artificial environment and interact with that three-dimensional environment during a game. The artificial environments are created with virtual reality software.The factors contributing to the growth of the Virtual Reality Gaming Market are the use of three-dimensional environment, developing compact and comfortable virtual reality gaming devices, increasing demand for latest technologies in the gaming industry, rise in disposable income and constant innovation by virtual reality manufacturers. However, factors such as lack of awareness about the technology, limitations of hardware and software among the virtual reality devices and compatibility issues are hindering the growth of the virtual reality in gaming market.
The most popular form of virtual reality is three-dimensional image that is explored on a computer. Hence, virtual reality in gaming refers to the use of sound and graphics technology in games where the gamers use HMDs (head mounted displays), glasses or gloves. It also provides simulation of real time environment for various purposes through games. The products such as gloves and head mounted displays, sensors are used so that it can track the movement made by the user and the data is sent back to the system which in return helps to analyze the data.
Geographically, North-America accounted for the largest market share in the global virtual reality in gaming market, whereas Asia-Pacific is expected to grow at a fast pace over the forecast period, 2017-2023.
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The global virtual reality in gaming market is expected to reach approximately USD 14.6 billion by the end of 2023 with 30.5% CAGR during forecast period 2017-2023.
Major Key Players:

Arts Inc (U.S.),
Google (U.S.),
Newzoo (Netheralnds),
HTC Corporation (Taiwan),
Oculus VR, LLC (U.S.),
Kaneva (U.S.),
SAMSUNG (South Korea),
Sony Corporation (Japan),
ZEISS International (Germany),
LEAP MOTION, INC. (U.S.),
VirZOOM, Inc (U.S.).

 Segments:
For the purpose of this study, Market Research Future has segmented the market of virtual reality in gaming into hardware, software, application and region.
Hardware-

Devices
Glasses
Gloves
Headsets
Others

Software Compatibility

MMOs
Smartphones
Casual Web games
Box PC
Tablets
Consoles
Others

 Region:

North-America
Europe
Asia-Pacific
RoW

Regional Analysis-
Regionally, North-America accounted for the largest market share, owing to decreasing average prices of the devices, increasing competition among developers, increasing consumer preference for smart gadgets and increasing demand for new technologies in the gaming industry by the youngsters.
However, Asia-Pacific region is expected to grow over the forecast period, 2017-2023. The reason is attributed to technological developments, need for better picture quality and growing demand for electronic gadgets.
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Intended Audience:

Manufacturers
Distributors
Research firms
Software Developers
Vendors
Semiconductor Manufacturers
Technology Investors

Table Of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Network
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.1 Introduction
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
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List Of Tables
Table 1 Virtual Reality In Gaming Market, By Compatibility
Table 2 Virtual Reality In Gaming Market, By Hardware
Table 3 Virtual Reality In Gaming Market, By Software
Table 4 Virtual Reality In Gaming Market, By Geography
Table 5 North America Virtual Reality In Gaming Market, By Compatibility
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List Of Figures
Figure 1 Research Methodology
Figure 2 Virtual Reality In Gaming Market, By Compatibility (%)
Figure 3 Virtual Reality In Gaming Market, By Hardware (%)
Figure 4 Virtual Reality In Gaming Market, By Software (%)
Figure 5 Virtual Reality In Gaming Market, By Regions (%)
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