Market Overview:
The global virtual reality headset market reached a value of US$ 6.2 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 28% during 2021-2026. 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 headset is basically a head-mounted device that delivers virtual reality for the individual wearing the device. Virtual reality (VR) headsets are extensively used with video game but they are also widely used in many other applications, such as simulators and trainers. They consist of a stereoscopic head-mounted display (that provides separate images for each eye), stereo sound, and head motion tracking sensors. Gaming represents one of the biggest application sectors for VR headsets. Apart from gaming, these devices are also widely being employed in military, consumer electronics, automobiles, real estate, healthcare, etc.
Virtual Reality Headset Market Trends:
The increasing penetration of smartphones represents a major factor driving the demand of virtual reality headsets as most VR headsets depend upon a smartphone to display content and utilize numerous specially developed applications for the same. Moreover, virtual reality games are gaining popularity amongst millennials in both the developed and developing economies which has led to an increase in the demand for virtual reality applications. Additionaly, virtual reality is also extensively being used by the defense sector across various applications such as flight and battlefield simulations, medical training, vehicle simulation, and virtual boot camps. Furthermore, rising utilization of digital entertainment and digital media is also projected to drive the demand for VR headsets. For instance, movie makers, professional sports leagues and associations, music industry, adult entertainment industry, etc. are also increasingly adopting virtual reality technology to drive their customer base. Apart from this, various manufacturers are incorporating additional features like buttons, NFC chips and Bluetooth connectivity in the assembled virtual reality headset kits. Furthermore, the production of virtual reality headsets is economical for both the manufacturers and consumers, as the parts used in the manufacturing of these devices are available at low cost and their production does not require heavy machinery.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global virtual reality headset market, along with forecasts at the global and regional level from 2021-2026. Our report has categorized the market based on product, material and end user
Breakup by Product:
- 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:
- 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 |
2020 |
| Historical Period |
2015-2020 |
| Forecast Period |
2021-2026 |
| 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$ 2299
Five User License: US$ 3399
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$), 2015 - 2020
Figure 3: Global: Virtual Reality Headset Market: Breakup by Product (in %), 2020
Figure 4: Global: Virtual Reality Headset Market: Breakup by Material (in %), 2020
Figure 5: Global: Virtual Reality Headset Market: Breakup by End-User (in %), 2020
Figure 6: Global: Virtual Reality Headset Market: Breakup by Region (in %), 2020
Figure 7: Global: Virtual Reality Headset Market Forecast: Sales Value (Billion US$), 2021-2026
Figure 8: Global: Virtual Reality Headset Market Industry: SWOT Analysis
Figure 9: Global: Virtual Reality Headset Market Industry: Value Chain Analysis
Figure 10: Global: Virtual Reality Headset Market Industry: Porter’s Five Forces Analysis
Figure 11: Global: Virtual Reality Headset (PC Based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Virtual Reality Headset (PC Based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Virtual Reality Headset (Console Based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Virtual Reality Headset (Console Based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Virtual Reality Headset (Smartphone Based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Virtual Reality Headset (Smartphone Based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Virtual Reality Headset (Standalone) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Virtual Reality Headset (Standalone) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Virtual Reality Headset (Plastic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Virtual Reality Headset (Plastic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Virtual Reality Headset (Paper) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Virtual Reality Headset (Paper) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Virtual Reality Headset (Other Materials) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Virtual Reality Headset (Other Materials) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Virtual Reality Headset (Consumer Electronics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Virtual Reality Headset (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Virtual Reality Headset (Healthcare) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Virtual Reality Headset (Healthcare) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Virtual Reality Headset (Games and Entertainment) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Virtual Reality Headset (Games and Entertainment) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Virtual Reality Headset (Automobile) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Virtual Reality Headset (Automobile) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Global: Virtual Reality Headset (Education) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Global: Virtual Reality Headset (Education) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Global: Virtual Reality Headset (Real Estate) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Global: Virtual Reality Headset (Real Estate) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Global: Virtual Reality Headset (Military) Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Global: Virtual Reality Headset (Military) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: North America: Virtual Reality Headset Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: North America: Virtual Reality Headset Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Europe: Virtual Reality Headset Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Europe: Virtual Reality Headset Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Asia Pacific: Virtual Reality Headset Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Asia Pacific: Virtual Reality Headset Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Middle East and Africa: Virtual Reality Headset Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Middle East and Africa: Virtual Reality Headset Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Latin America: Virtual Reality Headset Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Latin America: Virtual Reality Headset Market Forecast: Sales Value (in Million US$), 2021-2026
List of Tables
Table 1: Global: Virtual Reality Headset Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Virtual Reality Headset Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 3: Global: Virtual Reality Headset Market Forecast: Breakup by Material (in Million US$), 2021-2026
Table 4: Global: Virtual Reality Headset Market Forecast: Breakup by End-User (in Million US$), 2021-2026
Table 5: Global: Virtual Reality Headset Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Virtual Reality Headset Market Structure
Table 7: Global: Virtual Reality Headset Market: Key Players