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LAMEA Head Mounted Display (HMD) Market Size, Share & Trends Analysis Report By Technology, By Connectivity, By Component (Displays, Controllers, Processors & Memories, Lenses, Cameras, Sensors and Others), By Application, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 151 Pages
  • January 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5925286
The Latin America, Middle East and Africa Head Mounted Display (HMD) Market would witness market growth of 31.4% CAGR during the forecast period (2023-2030).

The market is characterized by a slew of trends that reflect the industry's responsiveness to evolving consumer demands, technological breakthroughs, and market dynamics. Understanding these trends is paramount for stakeholders seeking to capitalize on the burgeoning opportunities within the HMD ecosystem. Manufacturers prioritize developing compact and lightweight HMDs as consumer expectations continue to evolve. Ergonomics significantly influences user comfort, and the industry is currently observing a collaborative endeavor to reduce the physical dimensions of head-mounted displays (HMDs) while maintaining optimal performance.

HMDs are increasingly integrating biometric sensors. These sensors monitor physiological parameters such as heart rate, eye movement, and facial expressions, providing valuable data for applications ranging from healthcare diagnostics to adaptive content delivery in gaming and entertainment. MR combines elements of both VR and AR, creating immersive experiences where digital and physical worlds coexist. Virtual reality (MR) applications rely heavily on HMDs, which enable users to interact with virtual objects in the real world. This is especially pertinent in architecture, design, and collaborative work environments.

Brazil has a rapidly growing gaming industry. With a large population and an increasing number of gamers, the demand for immersive gaming experiences will likely rise. This includes the demand for advanced gaming peripherals and accessories like head-mounted displays. As per the data from the Government of Canada, the Brazilian game industry is the largest in Latin America and the 10th largest in the world, generating over $3 billion CAD in 2021 (on track for $4.3 billion CAD in 2022). Mobile gaming represents nearly 50% of the industry, followed by consoles (29%) and PC (24%). Therefore, as the gaming sector expands in the LAMEA region, there will be increased demand for these devices in the region.

The Brazil market dominated the LAMEA Head Mounted Display (HMD) Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $821.5 million by 2030. The Argentina market is showcasing a CAGR of 32.2% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 31% during (2023 - 2030).

Based on Technology, the market is segmented into Virtual Reality (VR) and Augmented Reality (AR). Based on Connectivity, the market is segmented into Standalone HMD (Wireless) and Tethered HMD (Wired). Based on Component, the market is segmented into Displays, Controllers, Processors & Memories, Lenses, Cameras, Sensors and Others. Based on Application, the market is segmented into Consumer, Aerospace & Defense, Healthcare, Enterprise, Commercial, Automotive, Energy and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Meta Platforms, Inc. (Meta), Sony Corporation, Microsoft Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Magic Leap, Inc., Google LLC (Alphabet Inc.), DPVR, Seiko Epson Corporation, HTC Corporation, and Vuzix Corporation

Scope of the Study

Market Segments Covered in the Report:

By Technology
  • Virtual Reality (VR)
  • Augmented Reality (AR)
By Connectivity
  • Standalone HMD (Wireless)
  • Tethered HMD (Wired)
By Component
  • Displays
  • Controllers
  • Processors & Memories
  • Lenses
  • Cameras
  • Sensors
  • Others
By Application
  • Consumer
  • Aerospace & Defense
  • Healthcare
  • Enterprise
  • Commercial
  • Automotive
  • Energy
  • Others
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Meta Platforms, Inc. (Meta)
  • Sony Corporation
  • Microsoft Corporation
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • Magic Leap, Inc.
  • Google LLC (Alphabet Inc.)
  • DPVR
  • Seiko Epson Corporation
  • HTC Corporation
  • Vuzix Corporation

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Head Mounted Display (HMD) Market, by Technology
1.4.2 LAMEA Head Mounted Display (HMD) Market, by Connectivity
1.4.3 LAMEA Head Mounted Display (HMD) Market, by Component
1.4.4 LAMEA Head Mounted Display (HMD) Market, by Application
1.4.5 LAMEA Head Mounted Display (HMD) Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2022
4.2 Porter’s Five Forces Analysis
Chapter 5. LAMEA Head Mounted Display (HMD) Market by Technology
5.1 LAMEA Virtual Reality (VR) Market by Country
5.2 LAMEA Augmented Reality (AR) Market by Country
Chapter 6. LAMEA Head Mounted Display (HMD) Market by Connectivity
6.1 LAMEA Standalone HMD (Wireless) Market by Country
6.2 LAMEA Tethered HMD (Wired) Market by Country
Chapter 7. LAMEA Head Mounted Display (HMD) Market by Component
7.1 LAMEA Displays Market by Country
7.2 LAMEA Controllers Market by Country
7.3 LAMEA Processors & Memories Market by Country
7.4 LAMEA Lenses Market by Country
7.5 LAMEA Cameras Market by Country
7.6 LAMEA Sensors Market by Country
7.7 LAMEA Others Market by Country
Chapter 8. LAMEA Head Mounted Display (HMD) Market by Application
8.1 LAMEA Consumer Market by Country
8.2 LAMEA Aerospace & Defense Market by Country
8.3 LAMEA Healthcare Market by Country
8.4 LAMEA Enterprise Market by Country
8.5 LAMEA Commercial Market by Country
8.6 LAMEA Automotive Market by Country
8.7 LAMEA Energy Market by Country
8.8 LAMEA Others Market by Country
Chapter 9. LAMEA Head Mounted Display (HMD) Market by Country
9.1 Brazil Head Mounted Display (HMD) Market
9.1.1 Brazil Head Mounted Display (HMD) Market by Technology
9.1.2 Brazil Head Mounted Display (HMD) Market by Connectivity
9.1.3 Brazil Head Mounted Display (HMD) Market by Component
9.1.4 Brazil Head Mounted Display (HMD) Market by Application
9.2 Argentina Head Mounted Display (HMD) Market
9.2.1 Argentina Head Mounted Display (HMD) Market by Technology
9.2.2 Argentina Head Mounted Display (HMD) Market by Connectivity
9.2.3 Argentina Head Mounted Display (HMD) Market by Component
9.2.4 Argentina Head Mounted Display (HMD) Market by Application
9.3 UAE Head Mounted Display (HMD) Market
9.3.1 UAE Head Mounted Display (HMD) Market by Technology
9.3.2 UAE Head Mounted Display (HMD) Market by Connectivity
9.3.3 UAE Head Mounted Display (HMD) Market by Component
9.3.4 UAE Head Mounted Display (HMD) Market by Application
9.4 Saudi Arabia Head Mounted Display (HMD) Market
9.4.1 Saudi Arabia Head Mounted Display (HMD) Market by Technology
9.4.2 Saudi Arabia Head Mounted Display (HMD) Market by Connectivity
9.4.3 Saudi Arabia Head Mounted Display (HMD) Market by Component
9.4.4 Saudi Arabia Head Mounted Display (HMD) Market by Application
9.5 South Africa Head Mounted Display (HMD) Market
9.5.1 South Africa Head Mounted Display (HMD) Market by Technology
9.5.2 South Africa Head Mounted Display (HMD) Market by Connectivity
9.5.3 South Africa Head Mounted Display (HMD) Market by Component
9.5.4 South Africa Head Mounted Display (HMD) Market by Application
9.6 Nigeria Head Mounted Display (HMD) Market
9.6.1 Nigeria Head Mounted Display (HMD) Market by Technology
9.6.2 Nigeria Head Mounted Display (HMD) Market by Connectivity
9.6.3 Nigeria Head Mounted Display (HMD) Market by Component
9.6.4 Nigeria Head Mounted Display (HMD) Market by Application
9.7 Rest of LAMEA Head Mounted Display (HMD) Market
9.7.1 Rest of LAMEA Head Mounted Display (HMD) Market by Technology
9.7.2 Rest of LAMEA Head Mounted Display (HMD) Market by Connectivity
9.7.3 Rest of LAMEA Head Mounted Display (HMD) Market by Component
9.7.4 Rest of LAMEA Head Mounted Display (HMD) Market by Application
Chapter 10. Company Profiles
10.1 Meta Platforms, Inc. (Meta)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segment and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Product Launches and Product Expansions:
10.1.6 SWOT Analysis
10.2 Sony Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 SWOT Analysis
10.3 Microsoft Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 SWOT Analysis
10.4 Samsung Electronics Co., Ltd. (Samsung Group)
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 SWOT Analysis
10.5 Magic Leap, Inc.
10.5.1 Company Overview
10.5.2 SWOT Analysis
10.6 Google LLC (Alphabet Inc.)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 SWOT Analysis
10.7 DPVR
10.7.1 Company Overview
10.7.2 SWOT Analysis
10.8 Seiko Epson Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 SWOT Analysis
10.9 HTC Corporation
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expense
10.9.5 SWOT Analysis
10.10. Vuzix Corporation
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 Recent strategies and developments:
10.10.5.1 Partnerships, Collaborations, and Agreements:
10.10.6 SWOT Analysis

Companies Mentioned

  • Meta Platforms, Inc. (Meta)
  • Sony Corporation
  • Microsoft Corporation
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • Magic Leap, Inc.
  • Google LLC (Alphabet Inc.)
  • DPVR
  • Seiko Epson Corporation
  • HTC Corporation
  • Vuzix Corporation

Methodology

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