Virtual Reality [New] Shipments of augmented reality (AR) and virtual reality (VR) headsets are projected to experience a year-over-year decline of 10.5% in Q1 2020, followed by a decline of 24.1% in the second quarter of the year. China, the world second largest economy, is forecast to reach an estimated Virtual Reality (VR) In Healthcare market size of US$ 369.4 Million in the year 2027 trailing a CAGR of 29.6% through 2027. The U.S. accounts for Over 30.1% of Global Virtual Reality (VR) In Healthcare Market Size in 2020, While China is Forecast to Grow at a 29.6% CAGR for the Period of 2020-2027. The global virtual reality in gaming market size is expected to reach USD 92.31 billion by 2027, expanding at a CAGR of 30.2% over the forecast period. Global Augmented and Virtual Reality (AR VR) market - Report defines the vital growth factors, opportunities and market segment of top players during the forecast period from 2019 to 2025. Virtual Reality in gaming market size is expected to reach USD 45 billion by 2025. The global AR and VR Software Market is expected to witness a promising growth in the next few years. The market for Augmented Reality (AR) and Virtual Reality (VR) immersive collaboration solutions will exceed US$ 400 million by 2025, up from less than US$ 12 million in 2019. In 2025, the global automotive AR and VR market is forecast to reach about 673 billion U.S. dollars, with a CAGR of 175.7 percent from 2018 to 2025. Worldwide spending on commercial virtual reality is expected to grow to $7.1 billion this year, up $4.5 billion in 2019. In 2019, the virtual reality hardware market is valued at 4.4 billion U.S. dollars and forecast to reach ten billion U.S. dollars by 2022. The global Augmented Reality and Virtual Reality Platform market is anticipated to rise at a considerable rate during the forecast period, between 2020 and 2026. Virtual Reality is a fast-growing industry, it was estimated that over 200 million headsets will have been sold by end of 2020, with the market value for both VR hardware and software reaching well over $20 billion by then. Worldwide shipments of Augmented Reality (AR) and Virtual Reality (VR) headsets are forecast to decline in the first half of 2020 due to supply chain disruptions caused by the COVID-19 outbreak. IDTechEx's most recent report Augmented, Mixed and Virtual Reality 2020-2030, predicts this market to be worth over $30 billion by 2030 and highlights how VR and AR products are at the forefront of technological change. 5G is predicted to generate more than $140 billion in revenue from augmented reality (AR) and virtual reality (VR) application between 2021 and 2028. The global VR for the healthcare market was estimated at $260M in 2018 and could reach $3.4 B by 2027. By 2019, AR, VR, and mixed reality solutions will be evaluated and adopted in 20% of large-enterprise businesses and the revenue of Augmented Reality devices and content will hit a whopping $36.4 billion in 2023. The virtual reality market was worth $5.12 billion in 2017, and by 2023, the market will reach $34.08 billion. The virtual reality headset market is set for a global resurgence in 2020, as analysts expect new headsets launched this year will appeal to a wider range of users. While augmented and virtual reality solutions are expected to remain the top investment, artificial intelligence solutions may reach the second level in the coming years according to analysts. The augmented reality (AR) and VR market is growing steadily and is expected to reach a market size of $209.2 billion by 2022. Global Augmented and Virtual Reality in Healthcare Market was valued at USD 510.36 million in 2016 and is projected to reach USD 8,313.29 million by 2025, growing at a CAGR of 36.35% from 2017 to 2025. See full forecast Last updated: 09 August 2020 Hi, Would you like a quick online demo of our service from an experienced member of our team? Yes No
