Skip to main content

Virtual Reality and Augmented Reality in Markets


Virtual reality (VR) market segmented on the basis of technology, offering, device type, application, and regions. APAC region is anticipated to lead the virtual reality (VR) market in terms of revenue and is to witness the highest growth rate in the market by 2022. This is due to the increase in research and development centers in APAC and the growing acceptance of newer technologies in the some countries. China, India, and Japan are some of them. Virtual reality (VR) creates an artificial environment in the world and also It can create realistic images, sounds and other sensations that create a user's physical presence in a virtual or imaginary environment. Nowadays, the global virtual reality (VR) market was valued at approximately USD 2.02 billion in 2016 and is expected to reach approximately USD 26.89 billion by 2022. The key players in the VR include Oculus VR, LLC, Sony Corporation, HTC Corporation, Samsung Electronics Co., Ltd., EON Reality Inc., Google Inc., Microsoft Corporation, Vuzix Corporation, CyberGlove Systems Inc, Sensics, Inc., Leap Motion Inc., Marxent Labs LLC, WorldViz, Jaunt, Inc., Nokia, Cyberith GmbH, Virtalis Limited,  Sixense Entertainment etc. VR will be big, AR will be bigger and take longer

  Augmented Reality shipments will achieve 1 million by fall 2015 - for the most part for undertakings, trailed by an expansion to 10 million by 2016, 50-100 million shipments by 2018, and inevitably catch the standard customer space and cross 1 billion shipments at the turn of the decade. After 10 years, VR and AR should change the outlook of the world according to these reports. According to the reports, the augmented reality market was valued at USD 2.39 Billion in 2016 and is expected to reach USD 61.39 Billion by 2023. Nowadays the augmented reality plays an important role not only in the field of 3D technology, but also in medicine, education, technical field etc. Technical reports include that augmented reality smart glasses will go towards 1 billion shipments near the end of the decade.. Mobile VR will still produce the dominant “Explorer” (free up to $100) installed base for VR, with Google Daydream View moving things on from Cardboard days. A smaller installed base than expected in 2016 reduces the network effects that platforms need to scale, which could slow things by 6 to 12 months. Mobile VR is still going to be big, but it might take a little longer to get there. For more
Labels:
Location: Kozhikode, Kerala, India

Comments

Post a Comment

Popular posts from this blog

E-commerce business

E-commerce refers to the buying and selling of goods and services and the transmitting of funds or data, over an electronic network, which include  business-to-business, business -to-consumer, consumer-to-consumer or consumer-to-business. Business to business e-commerce is considered as vital to the global economy. B2B is focussed on sales of products, services, or information to other businesses. Business-to-consumer refers to commerce between a business and an individual consumer. Customer to customer (C2C) facilitates an environment, usually online, where customers can trade with each other. An end user or consumer makes a product or service that an organization uses to complete a business process or gain competitive advantage in the Consumer-to-Business. The C2B approach evolved from the growth of popular consumer-generated media and content across different consumer segments, include websites, blogs, podcasts, videos and social networks. E Commerce software include l...
Post a Comment
Read more

Quatar e commerce market

QATAR enjoys a favorable environment for e-commerce adoption.It includes population with high levels of disposable income; high Internet, mobile, and fixed connectivity; and increasing ICT maturity. However, several key inhibitors are stopping Qatar from realizing its full e-commerce potential E Commerce also Contributes to Achieving Qatar’s National Vision. Qatari economy is one of MENA’s fastest-growing economies and boasts the world’s highest gross domestic product (GDP). Certain factors have translated into the highest average annual e-commerce spend per user in the MENA region and an average value per online transaction higher than the Gulf Cooperation Council’s (GCC) average. The business-to-consumer market was USD 1.2 billion as extrapulated from the 2014 figure of USD 1.02 billion at %17 CAGR, making Qatar the 7th-largest B2Cmarket in the MENA region in the year of 2015. Currently, Qatar is the 7th largest B2C Market in MENA; with tremendous uplift potential. There the B...
Post a Comment
Read more

E commerce and its security considerations

Security issues and threats in an e-commerce environment are varied and can be caused intentionally. Security issues and threats related to an e-commerce environment can be categorized as many  types  controllable, partially controllable, and uncontrollable. Security threats on the Internet include Spoofing, Unauthorized disclosure, Unauthorized action, Data alteration etc. Spoofing is the copying of legitimate webpages by those with criminal intentions to create seemingly legitimate websites for the sole purpose of gathering private information like credit card numbers, social security numbers and so on. In Unauthorized disclosure   When transactions are conducted over the Internet on unsecured sites, hackers can intercept transmissions and gain access to our customer’s sensitive data. Anyone with a grudge against us can alter your site to deny access to customers in Unauthorized action and the other one id the data alteration. Here. Hackers can alter transacti...
Post a Comment
Read more