Market Overview:
The global virtual reality headset market size reached US$ 7.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 26.8 Billion by 2027, exhibiting at a CAGR of 23.27% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A virtual reality (VR) headset is a heads-up display (HUD) device that enables users to interact with a simulated artificial three-dimensional (3D) environment and experience a first-person view (FPV). It is integrated with stereoscopic head-mounted goggles with display screens, stereo sound, and head motion tracking sensors to deliver an immersive and interactive audiovisual experience. Nowadays, it is widely employed in consumer electronics, military equipment, automobiles, real estate, and healthcare applications.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Virtual Reality Headset Market Trends:
Rising sales of smartphones represent one of the key factors catalyzing the demand for VR headsets. In line with this, VR games are gaining immense traction among the millennial population, which is strengthening the growth of the market. Apart from this, VR is extensively used in the defense sector for flight and battlefield simulations, medical training, vehicle simulation, and virtual boot camps. Additionally, the rising adoption of technologically advanced digital entertainment devices in filmmaking, professional sports leagues, and associations is offering lucrative growth opportunities to manufacturers. Besides this, driving institutions are utilizing VR technology to provide learners with a first-hand experience of road and traffic-driving scenarios. Furthermore, leading manufacturers are incorporating additional features, including buttons, near field communication (NFC) chips, and Bluetooth connectivity, in the assembled VR headset kits to expand their market reach and consumer base. Moreover, increasing investments by the market players in research and development (R&D) activities and enhancing the business through strategic acquisitions are projected to augment the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global virtual reality headset market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on product, material and end user
Breakup by Product:
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- PC Based
- Console Based
- Smartphone Based
- Standalone
Breakup by Material:
Breakup by End-User:
- Consumer Electronics
- Healthcare
- Games and Entertainment
- Automobile
- Education
- Real Estate
- Military
Breakup by Region:
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- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market along with the profiles of the key players.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Product, Material, End-User, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global virtual reality headset market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global virtual reality headset industry?
- What has been the impact of COVID-19 on the global virtual reality headset industry?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the end-user?
- What are the various stages in the value chain of the global virtual reality headset industry?
- What are the key driving factors and challenges in the global virtual reality headset industry?
- What is the structure of the global virtual reality headset industry and who are the key players?
- What is the degree of competition in the global virtual reality headset industry?
- What are the profit margins in the global virtual reality headset industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Virtual Reality Headset Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product
5.5 Market Breakup by Material
5.6 Market Breakup by End-User
5.7 Market Breakup by Region
5.8 Market Forecast
6 Market Breakup by Product
6.1 PC Based
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Console Based
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Smartphone Based
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Standalone
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Material
7.1 Plastic
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Paper
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End-User
8.1 Consumer Electronics
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Healthcare
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Games and Entertainment
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Automobile
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Education
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Real Estate
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Military
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Region
9.1 Europe
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 North America
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porter's Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
List of Figures
Figure 1: Global: Virtual Reality Headset Market: Major Drivers and Challenges
Figure 2: Global: Virtual Reality Headset Market: Sales Value (in Billion US$), 2016 - 2021
Figure 3: Global: Virtual Reality Headset Market: Breakup by Product (in %), 2021
Figure 4: Global: Virtual Reality Headset Market: Breakup by Material (in %), 2021
Figure 5: Global: Virtual Reality Headset Market: Breakup by End-User (in %), 2021
Figure 6: Global: Virtual Reality Headset Market: Breakup by Region (in %), 2021
Figure 7: Global: Virtual Reality Headset Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 8: Global: Virtual Reality Headset Industry: SWOT Analysis
Figure 9: Global: Virtual Reality Headset Industry: Value Chain Analysis
Figure 10: Global: Virtual Reality Headset Industry: Porter’s Five Forces Analysis
Figure 11: Global: Virtual Reality Headset (PC Based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Virtual Reality Headset (PC Based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Virtual Reality Headset (Console Based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Virtual Reality Headset (Console Based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Virtual Reality Headset (Smartphone Based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Virtual Reality Headset (Smartphone Based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Virtual Reality Headset (Standalone) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Virtual Reality Headset (Standalone) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Virtual Reality Headset (Plastic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Virtual Reality Headset (Plastic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Virtual Reality Headset (Paper) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Virtual Reality Headset (Paper) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Virtual Reality Headset (Other Materials) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Virtual Reality Headset (Other Materials) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Virtual Reality Headset (Consumer Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Virtual Reality Headset (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Virtual Reality Headset (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Virtual Reality Headset (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Virtual Reality Headset (Games and Entertainment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Virtual Reality Headset (Games and Entertainment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Virtual Reality Headset (Automobile) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Virtual Reality Headset (Automobile) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Virtual Reality Headset (Education) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Virtual Reality Headset (Education) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Virtual Reality Headset (Real Estate) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Virtual Reality Headset (Real Estate) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Virtual Reality Headset (Military) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Virtual Reality Headset (Military) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: North America: Virtual Reality Headset Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: North America: Virtual Reality Headset Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Europe: Virtual Reality Headset Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Europe: Virtual Reality Headset Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Asia Pacific: Virtual Reality Headset Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Asia Pacific: Virtual Reality Headset Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Middle East and Africa: Virtual Reality Headset Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Middle East and Africa: Virtual Reality Headset Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Latin America: Virtual Reality Headset Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Latin America: Virtual Reality Headset Market Forecast: Sales Value (in Million US$), 2022-2027
List of Tables
Table 1: Global: Virtual Reality Headset Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Virtual Reality Headset Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Virtual Reality Headset Market Forecast: Breakup by Material (in Million US$), 2022-2027
Table 4: Global: Virtual Reality Headset Market Forecast: Breakup by End-User (in Million US$), 2022-2027
Table 5: Global: Virtual Reality Headset Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Virtual Reality Headset Market Structure
Table 7: Global: Virtual Reality Headset Market: Key Players