Rapid Industrialization to Spur Virtual Reality (VR) Market Expansion Will Reach USD 26.89 Billion by 2022
October 15, 2018 at 17:42 PM EDT
Sarasota, FL -- (SBWIRE) -- 10/15/2018 -- As estimated in this report, the global virtual reality (VR) market stood at US$ 2.02 billion in 2016. Witnessing a tremendous rise during the period from 2017 to 2022, the revenue in this market is expected to reach US$ 26.89 billion by the end of the forecast period. The main types available in this virtual reality (VR) market are head-mounted display, gesture control devices, and projectors & displays walls. Among the three, the demand for head-mounted displays is relatively higher and the trend is anticipated to remain so over the next few years, notes the research report.
