Global Virtual Reality Services Market Top Major Players 2024, Forecast To 2033
22 Jan, 2024
The virtual reality services market has experienced rapid growth, increasing from $10.02 billion in 2023 to $11.22 billion in 2024, with a 12.0% CAGR. Historical drivers include demand in gaming, corporate adoption, and reduced costs. Forecasts indicate sustained rapid growth, reaching $18.54 billion by 2028, with a 13.4% CAGR. Anticipated factors include 5G technology integration, enterprise applications, healthcare use, and immersive social experiences.
Global Virtual Reality Services Market Key Driver
Virtual reality services in telehealth drive the significant growth of the virtual reality services market. The COVID-19 pandemic has led to an increased demand for advanced skills among healthcare professionals, facilitated by VR-powered tools. VR applications designed for coronavirus pathology scenarios enable medical practitioners to apply learned principles effectively. Platforms like XRHealth support hospitals in treating COVID-19 patients in quarantine and monitoring them after returning home. The growing necessity of virtual reality services in telehealth is expected to drive substantial growth in the virtual reality services market.
Get A Free Sample Of The Global Virtual Reality Services Market ReportGlobal Virtual Reality Services Market Segments
The virtual reality services market covered in this report is segmented –
1) By Type: Hardware, Software
2) By Basis of Service: Consulting, Training, Implementation, Integration, Operation, Maintenance
3) By Application: Healthcare, Education, Real Estate, Advertising, Travel, Gaming, Entertainment, Other Applications
By Geography: The regions covered in the virtual reality services market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions
Asia-Pacific was the largest region in the virtual reality services market in 2023. North America was the second largest region in the virtual reality services market. The regions covered in the virtual reality services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Virtual Reality Services Industry Players
Skywell Software LLC, LittlStar's, Creative Solutions, Gramercy Tech LLC, HQSoftware LLC, Program-Ace LLC, Groove Jones LLC, Xicom Technologies Ltd., Zco Corporation, The Intellify, Quy Technology Pvt. Ltd., Fluper Ltd., JPLoft Solution, Credencys Solutions Inc., HorizonCore Infosoft Pvt. Ltd., Quytech Company, Hedgehog lab Ltd., IndiaNIC Infotech Limited, Chetu Inc., Vakoms LLC, Delta Reality, Dyfuzja Software Development Co., Cortex Inc., Chocolate Milk & Donuts LLC, NARSUN Studios, Setapp Inc., Oodles Technologies Pvt. Ltd., Infotrum LLC, Sumeru Inc., NewGenApps, HTC Corporation, Sony Group Corporation, Oculus VR LLC, Google LLC, Samsung Electronics Co. Ltd., Lenovo Group Ltd., Meta Platforms Inc., NVIDIA Corporation, Apple Inc., Amazon Inc., Unity Technologies Inc., Unreal Engine 3D, Autodesk Inc., Eon Reality Inc., 3D Systems Corporation, Dassault Systèmes SE, Pico Interactive Inc., StarVR Corporation, FOVE Inc.
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Virtual Reality Services Market Overview
Virtual reality (VR) is an artificial environment created with software that is presented to the user in such a way that the user stops believing and accepting it as a real environment.
Virtual Reality Services Global Market Report 2023 provides data on the global virtual reality services market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The virtual reality services market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.