Global Head Mounted Display Market are, Size, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027


Posted September 23, 2021 by jainavani702

Global Head Mounted Display Market are, Size, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027
 
The global head-mounted display market is growing at a CAGR of nearly 35.0% during the forecast period. The major factors that are augmenting the growth of the market include rising adoption in consumer applications and increasing adoption of augmented reality (AR) and virtual reality (VR) technology. Head-mounted displays are regarded as highly immersive display devices that are significantly targeted towards e-learning, video games, and other kinds of digital entertainment. This immersive display device is normally used for watching movies and playing games as it can offer a more realistic and entirely immersive in-game environment to the user.
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During the gameplay, head motion tracking is enabled, which makes the game even more realistic. Therefore, the users are playing PC games with head-mounted displays that will show a higher enjoyment level compared to the users playing computer games with conventional setup. As a result, the head-mounted display supports boosting the users’ enjoyment while making the game more interesting to play. Therefore, the rising launches of VR games have been witnessed over the years. For instance, in March 2021, Sony declared that it will launch a new slate of PlayStation VR games, which includes a VR adaptation of Doom 3, I Expect You To Die 2: The Spy And The Liar, Fracked, After the Fall, Song in the Smoke, and Zenith: The Last City - The Fracture.
All these games declared to be available for PlayStation 5, however, some are expected to be released on PlayStation 4 as well. Additionally, in February 2021, Sony declared a new generation of PlayStation VR for its PlayStation 5 console. This headset declared to be available with a higher-resolution screen, redesigned controller, a single cord rather than the original cable box, and other upgrades. These new launches of VR games are supporting to drive market growth. Further, rising funding opportunity in head mounted displays are estimated to offer an opportunity
for market growth. However, the high cost of head mounted devices and certain health side issues, including headache, is expected to hinder the adoption of head mounted displays.
A Full Report of Global IoT Sensors Market is Available at: Head Mounted Display Market Trends, Share, Analysis and Forecast 2021-2027 (omrglobal.com)

Market Segmentation
• Global Head Mounted Display Market, By Application
• Entertainment
• Commercial
• Medical
• Military and Defense
• Education
• Industrial
• Others
• Global Head Mounted Display Market, By Technology
• Virtual Reality (VR)
• Augmented Reality (AR)

Company Profiles
• Acer Inc.
• Cinoptics
• Collins Aerospace (Raytheon Technologies)
• Elbit Systems Ltd.
• Excelitas Technologies Corp.
• Facebook, Inc.
• HTC Corp.
• Kopin Corp.
• Magic Leap Inc.
• Seiko Epson Corp.

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Issued By AVANI JAIN
Country India
Categories Business
Tags global head mounted display
Last Updated September 23, 2021