Standalone Virtual Reality HMDs Expected to Grow at 42% Five-Year CAGR

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In a new Virtual Reality Industry Report, Greenlight Insights offers 5-year market forecasts, industry analysis, and a summary of Facebook, Google, Microsoft, HTC, Valve, and Sony.

SAN FRANCISCO, November 20, 2017  According to Greenlight Insights, the Global Virtual Reality (VR) Standalone headset market is expected to grow with a CAGR of 42.0% during the forecast period. The introduction of several standalone head-mounted displays (HMDs) by major OEMs and the increasing development of consumer and enterprise VR applications are some factors favoring the market growth. Adding to this, increased purchasing activity is fostering increased economies of scale, enabling HMD prices to plummet. As a result, consumers are benefiting and are now being presented with good-better-best options to meet their varying price-performance requirements.

Read the full report: https://www.greenlightinsights.com/reports/2017-virtual-reality-industry-report

Facebook, Google, HTC, and several other major OEMs have recently announced standalone  HMDs, including Oculus Go and Vive Focus. As of now, these VR companies are specifically concentrating on developing robust portfolios of hardware and software platforms that work for in-home and out-of-home use, as well as consumer and enterprise use cases. On geography basis, China and Developed Asia-Pacific is expected to grab the largest share in global market. Moreover, China is appearing as the prominent revenue generator to the market globally. It is likely to keep its commanding position during the forecast period.

Some of the key players in the global Virtual Reality (VR) Head-Mounted Display market include Facebook, Microsoft, HTC, Sony, Acer, Dell, HP, and Google.

About the 2017 Virtual Reality Industry Report

The 2017 Virtual Reality Industry Report is Greenlight Insights semi-annual forecast and analysis about the worldwide virtual reality technology and content market. Analysis is drawn from data on hundreds of companies from public and proprietary sources, and extensive quantitative research conducted by Greenlight Insights.

This report is the 6th industry report published by Greenlight Insights, and 4th published in partnership with Road to VR. Imbued in Road to VR’s reporting since 2011 and Greenlight Insights’ data-driven methodology, this report is a distillation of years of experience and insights into an comprehensive analysis of the virtual reality landscape, with the goal of informing forward-looking strategies. This report represents an independent, expert perspective of how the market will grow in scale and evolve over time.

Segments Covered:

Regions Covered:

  1. North America
  2. Latin America
  3. Western Europe
  4. Central & Eastern Europe
  5. Middle East & Africa
  6. Developed APAC
  7. Emerging APAC

The report is available now at https://www.greenlightinsights.com/industry-analysis/2017-virtual-reality-industry-report.

About Greenlight Insights

Greenlight Insights is the world’s leader in virtual and augmented market intelligence, and provides information solutions to global technology, entertainment, and marketing professionals to help them make strategic decisions about the future of immersive technology. Visit www.greenlightinsights.com for more information and follow @AskGreenlight on Twitter.  

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