Global Virtual Retinal Display Market 2018-2023: Huge Opportunities in the Entertainment & Gaming Industry
DUBLIN, Aug. 20, 2018 /PRNewswire/ --
The "Global Virtual Retinal Display Market - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
Growing Trend for Augmented Reality & Virtual Reality in the Market
Virtual reality and augmented reality are latest trends which are expected to dominate the market. The use of Virtual Retinal Display in AR and VR systems is growing as a better quality in the projection of images is achievable. Occulus VR has planned on releasing VRD for the products it is expected to release such as Occulus AR/VR etc. AR/VR is already being deemed as a disruptive technology which is expected to change the state of the markets. Gaming is also expected to be revolutionized by the advent of AR/VR technology and the implementation of retinal displays for such purposes serves many advantages such as better picture clarity, brightness, etc. It is expected that about 1 billion users will be using AR VR technology by 2020.
Entertainment & Gaming Industry is Expected to Be One of the Primary Recipients of the Technology
Gaming industry has been increasingly depending on the use of AR/VR technology to enrich the consumer experience. Many of the AR/VR technologies have better display in VRD technology, owing to various advantages companies such as Avegant have introduced glyph which can be compatible with gaming consoles, smartphones and computers. Companies such as Oculus VR have also been planning on releasing head mountable displays and deliberately avoid usage of LCD screens and employ the use of VRD technology which increases their usage in the gaming environment.
North America Has Been Found to Have High Adoption for Business Process Management
North America is has been a hub for technological innovations. The growth of many smart devices which are compatible with the use of technology such as Google Glass and Oculus rift are used to a higher extent in this region compared to the other regions. This region also has several major players in the market as many of the companies such as Microsoft and Google have been in the North America market. Companies such as Sony and Samsung are growing their presence in this region, which is expected to influence the market. Moreover, the startup Magic leap, which is based in the United States, is making huge developments in AR technology. Many new products are concentrated in the region such as Google glass, Glyph, Oculus rift etc.
Developments in the Market
- March 2018 - A startup named Magic Leap has been received large funding of USD 461 million by an entity led by Saudi Arabia's sovereign investment arm.
Key Topics Covered
1. Introduction
1.1 Study Deliverables
1.2 Key Findings of The Study
1.3 Research Methodology
2. Executive Summary
3. Market Overview
3.1 Overview
3.2 Porters Five Force Analysis
3.2.1 Threat of New Entrants
3.2.2 Bargaining Power of Consumers
3.2.3 Bargaining Power of Suppliers
3.2.4 Threat of Substitute Products and Services
3.2.5 Intensity of Competitive Rivalry
4. Market Dynamics
4.1 Drivers
4.2 Restraints
5. Global Virtual Retinal Display Market Segmentation
5.1 By Industry
5.1.1 Medical
5.1.2 Sports
5.1.3 Aerospace
5.1.4 Gaming and Entertainment
5.1.5 Others
5.2 By Region
5.2.1 North America
5.2.2 Europe
5.2.3 Asia Pacific
5.2.4 Latin America
5.2.5 Middle East and Africa
6. Vendor Market Share Analysis
7. Competitive Intelligence - Company Profiles
7.1 Avegant Corporation
7.2 Google Inc.
7.3 Human Interface Technology Laboratory
7.4 Texas Instruments
7.5 Microvision Inc.
7.6 Vuzix Corp
7.7 HTC Corp.
7.8 Sony Corp.
7.9 Rockwell Collins Inc.
7.10 Innovega Inc.
7.11 Occulus VR
7.12 Magic Leap
7.13 Brother Industries Ltd.
8. Investment Analysis
8.1 Recent Mergers & Acquisitions
8.2 Investment Scenario & Opportunities
9. Future of Global Virtual Retinal Display Market
For more information about this report visit https://www.researchandmarkets.com/research/f87qkd/global_virtual?w=5
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SOURCE Research and Markets
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