Bright Future is Ahead for Virtual and Augmented Reality Market

Virtual and Augmented Reality Market

Augmented reality is the integration of digital and real environment in real time, whereas virtual reality creates a digital environment to provide real lifelike experience to the user. From providing a virtual tour of the house to prospect buyers, watching a football game in immersive augmented reality or interacting with doctors remotely are some of the examples which shows the potential of the virtual and augmented reality market. Moreover, increasing technical advancement such as development of head mounted displays and smart glasses, declining product price or creating new application space either business or consumer increase the market globally. Moreover, expected deployment of next-generation 5G networks, characterized by high stability and high bandwidth is expected to play a crucial role in the growth of virtual and augmented reality market. The live streaming, social video viewing and tourism segments will accelerate growth of the augmented and virtual reality market globally.

Request Sample Copy of this Report @ https://www.coherentmarketinsights.com/insight/request-sample/1106

The adoption of technology in digital entertainment and media segment accelerates the virtual and augmented reality market. 

The digital entertainment segment plays a major role for the growth of the global virtual and augmented reality market. The film producers, professional sports leagues and associations have showed significant interest in adopting the technology. For example: In 2015, the NBA golden state warriors experimented with NextVR technology to stream their regular-session for individuals using Samsung Gear headsets. With this, the music and adult segment have also adopted the augmented and virtual technology to produce a 3D content which accelerates their viewers globally. The adoption of virtual reality and augmented reality technology by news industry is a new space which uplift the market. For example: In 2015, the New York Times have officially announced that they have a virtual reality project collaboration with google which provides a subscription to millions of VR cardboard viewers. The New York Times news magazines released a virtual reality film which shows children’s eradicated due to war. Hence this showed the new path to the other news providers to increase and retain their viewers which fuels the augmented and virtual reality market in this segment. Moreover, the On-demand series providers have also adopted the virtual reality technology. For example: In 2016, the HBO adopted the virtual reality 360 degree content for famous series game of thrones.

Key Companies- Global Augmented and Virtual Reality Market.

Some of the major companies in the global augmented and virtual reality market are Blippar Inc., Cyberglove Systems LLC., Daqri LLC, EON Reality, Inc., Google Inc., Infinity Augmented Reality Inc., Magic Leap, Inc., Meta Company, Metaio GmbH, Microsoft Corporation, Oculus VR, LLC, Osterhout Design Group (ODG), Qualcomm Inc., Samsung Electronics Co., Ltd., Vuzix Corporation.

Request For Customization As per Your Need @ https://www.coherentmarketinsights.com/insight/request-customization/1106

You may be interested

Researchers Develop Novel Method to Fight Sepsis
Healthcare
Healthcare

Researchers Develop Novel Method to Fight Sepsis

Mohit Joshi - October 15, 2018

Researchers developed a novel method to fight sepsis, according to a study published on September 11, 2018. This study was conducted by the researchers at the Washington…

Digital Health Market Expansion to be Persistent During 2026
Business
Business

Digital Health Market Expansion to be Persistent During 2026

Albert R - October 12, 2018

"The Digital Health Market is expected to have a highly positive outlook for the next five years 2018-2026 according to a recently released Digital Health Market research…

Medical Grade Hydrogel Market Poised to Take Off by 2026
Business
Business

Medical Grade Hydrogel Market Poised to Take Off by 2026

Albert R - October 12, 2018

"The Medical Grade Hydrogel Market is expected to have a highly positive outlook for the next five years 2018-2026 according to a recently released Medical Grade Hydrogel…

Most from this category