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Global Virtual Reality Market Summary, Competitive Analysis and Forecast to 2028

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    Report

  • 46 Pages
  • February 2024
  • Region: Global
  • MarketLine
  • ID: 5835264
Global Virtual Reality industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Virtual reality (VR) refers to a computer-generated simulation of a three-dimensional environment that can be interacted with by a person using special electronic equipment, such as a headset with a screen or gloves fitted with sensors. Virtual reality can create a realistic and immersive experience that simulates the sensation of being in a different place or world, allowing the user to interact with objects or characters within the simulated environment.
  • The global virtual reality market had total revenues of $11.8 million in 2023, representing a compound annual growth rate (CAGR) of 17.4% between 2018 and 2023.
  • Market consumption volume increased with a CAGR of 11% between 2018 and 2023, to reach a total of 0 million units in 2023.
  • North America accounted for 35.5% of the global share in the virtual reality market followed by Asia-Pacific (32.7%) and Europe (22.5%) in 2023.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the virtual reality market in the global
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global virtual reality market
  • Leading company profiles reveal details of key virtual reality market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Global virtual reality market with five year forecasts

Reasons to Buy

  • What was the size of the Global virtual reality market by value in 2023?
  • What will be the size of the Global virtual reality market in 2028?
  • What factors are affecting the strength of competition in the Global virtual reality market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the global's virtual reality market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What are the strengths of the leading players?
8 Company Profiles
8.1. Meta Platforms, Inc.
8.2. Sony Corporation
8.3. Da Peng VR
8.4. Beijing ByteDance Technology Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher
List of Tables
Table 1: Global virtual reality market value: $ billion, 2018-23
Table 2: Global virtual reality market volume: million units, 2018-23
Table 3: Global virtual reality market category segmentation: % share, by value, 2018-2023
Table 4: Global virtual reality market category segmentation: $ billion, 2018-2023
Table 5: Global virtual reality market geography segmentation: $ billion, 2023
Table 6: Global virtual reality market value forecast: $ billion, 2023-28
Table 7: Global virtual reality market volume forecast: million units, 2023-28
Table 8: Global virtual reality market share: % share, by volume, 2023
Table 9: Meta Platforms, Inc.: key facts
Table 10: Meta Platforms, Inc.: Annual Financial Ratios
Table 11: Meta Platforms, Inc.: Key Employees
Table 12: Meta Platforms, Inc.: Key Employees Continued
Table 13: Sony Corporation: key facts
Table 14: Sony Corporation: Annual Financial Ratios
Table 15: Sony Corporation: Key Employees
Table 16: Sony Corporation: Key Employees Continued
Table 17: Sony Corporation: Key Employees Continued
Table 18: Da Peng VR: key facts
Table 19: Da Peng VR: Key Employees
Table 20: Beijing ByteDance Technology Co Ltd: key facts
Table 21: Beijing ByteDance Technology Co Ltd: Key Employees
Table 22: Global exchange rate, 2019-22
List of Figures
Figure 1: Global virtual reality market value: $ billion, 2018-23
Figure 2: Global virtual reality market volume: million units, 2018-23
Figure 3: Global virtual reality market category segmentation: $ billion, 2018-2023
Figure 4: Global virtual reality market geography segmentation: % share, by value, 2023
Figure 5: Global virtual reality market value forecast: $ billion, 2023-28
Figure 6: Global virtual reality market volume forecast: million units, 2023-28
Figure 7: Forces driving competition in the global virtual reality market, 2023
Figure 8: Drivers of buyer power in the global virtual reality market, 2023
Figure 9: Drivers of supplier power in the global virtual reality market, 2023
Figure 10: Factors influencing the likelihood of new entrants in the global virtual reality market, 2023
Figure 11: Factors influencing the threat of substitutes in the global virtual reality market, 2023
Figure 12: Drivers of degree of rivalry in the global virtual reality market, 2023
Figure 13: Global virtual reality market share: % share, by volume, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Meta Platforms, Inc.
  • Sony Corporation
  • Da Peng VR
  • Beijing ByteDance Technology Co Ltd