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The future of the virtual reality headset market looks promising with opportunities in the gaming & entertainment, real estate, healthcare, retail, and military market. The virtual reality (VR) headset market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $36.5 billion by 2025 with a CAGR of 31% to 33% from 2020 to 2025. The major drivers for this market are increasing penetration of virtual reality content in gaming, sports, and entertainment and growing demand for VR headset in health care and retail sectors.
Emerging trends, which have a direct impact on the dynamics of the virtual reality headset industry, include the introduction of attractive, sleek, and convenient VR headsets and the development of artificial intelligence incorporated VR headsets.
A total of 101 figures / charts and 94 tables are provided in this 190 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of virtual reality headset market report download the report brochure.
VR headset technologies have evolved through number of stages as presented in figure below:
Evolution of VR Headset Technologies