Global Virtual Reality Software Supply, Demand and Key Producers, 2024-2030

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Published Date: 25 Jan 2024

Category: Service & Software

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The global Virtual Reality Software market size is expected to reach $ 2422.2 million by 2030, rising at a market growth of 5.9% CAGR during the forecast period (2024-2030).

The market for virtual reality software is led by North America followed by Europe and Asia Pacific as most of the companies offering VR technology are located in the U.S. Virtual reality has been rapidly adopted in this region owing to the extensive R&D and presence of several VR companies.

Virtual reality is an artificial environment that is created with software and presented to the user in such a way that the user suspends belief and accepts it as a real environment.

This report studies the global Virtual Reality Software demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Virtual Reality Software, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Virtual Reality Software that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Virtual Reality Software total market, 2019-2030, (USD Million)
Global Virtual Reality Software total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Virtual Reality Software total market, key domestic companies and share, (USD Million)
Global Virtual Reality Software revenue by player and market share 2019-2024, (USD Million)
Global Virtual Reality Software total market by Type, CAGR, 2019-2030, (USD Million)
Global Virtual Reality Software total market by Application, CAGR, 2019-2030, (USD Million).

This reports profiles major players in the global Virtual Reality Software market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Google, Microsoft, Blippar, Pixologic, Metaio, Qualcomm, Oculus VR, WorldViz and Starbreeze Studios, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Virtual Reality Software market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Virtual Reality Software Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Virtual Reality Software Market, Segmentation by Type
On-Premise
Cloud

Global Virtual Reality Software Market, Segmentation by Application
Aerospace & Defense
Gaming & Entertainment
Diagnostics & Surgeries
Tourism
Others

Companies Profiled:
Google
Microsoft
Blippar
Pixologic
Metaio
Qualcomm
Oculus VR
WorldViz
Starbreeze Studios
Razer
HTC

Key Questions Answered
1. How big is the global Virtual Reality Software market?
2. What is the demand of the global Virtual Reality Software market?
3. What is the year over year growth of the global Virtual Reality Software market?
4. What is the total value of the global Virtual Reality Software market?
5. Who are the major players in the global Virtual Reality Software market?

Table of Contents

1 Supply Summary
    1.1 Virtual Reality Software Introduction
    1.2 World Virtual Reality Software Market Size & Forecast (2019 & 2023 & 2030)
    1.3 World Virtual Reality Software Total Market by Region (by Headquarter Location)
        1.3.1 World Virtual Reality Software Market Size by Region (2019-2030), (by Headquarter Location)
        1.3.2 United States Virtual Reality Software Market Size (2019-2030)
        1.3.3 China Virtual Reality Software Market Size (2019-2030)
        1.3.4 Europe Virtual Reality Software Market Size (2019-2030)
        1.3.5 Japan Virtual Reality Software Market Size (2019-2030)
        1.3.6 South Korea Virtual Reality Software Market Size (2019-2030)
        1.3.7 ASEAN Virtual Reality Software Market Size (2019-2030)
        1.3.8 India Virtual Reality Software Market Size (2019-2030)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Virtual Reality Software Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Virtual Reality Software Major Market Trends

2 Demand Summary
    2.1 World Virtual Reality Software Consumption Value (2019-2030)
    2.2 World Virtual Reality Software Consumption Value by Region
        2.2.1 World Virtual Reality Software Consumption Value by Region (2019-2024)
        2.2.2 World Virtual Reality Software Consumption Value Forecast by Region (2025-2030)
    2.3 United States Virtual Reality Software Consumption Value (2019-2030)
    2.4 China Virtual Reality Software Consumption Value (2019-2030)
    2.5 Europe Virtual Reality Software Consumption Value (2019-2030)
    2.6 Japan Virtual Reality Software Consumption Value (2019-2030)
    2.7 South Korea Virtual Reality Software Consumption Value (2019-2030)
    2.8 ASEAN Virtual Reality Software Consumption Value (2019-2030)
    2.9 India Virtual Reality Software Consumption Value (2019-2030)

3 World Virtual Reality Software Companies Competitive Analysis
    3.1 World Virtual Reality Software Revenue by Player (2019-2024)
    3.2 Industry Rank and Concentration Rate (CR)
        3.2.1 Global Virtual Reality Software Industry Rank of Major Players
        3.2.2 Global Concentration Ratios (CR4) for Virtual Reality Software in 2023
        3.2.3 Global Concentration Ratios (CR8) for Virtual Reality Software in 2023
    3.3 Virtual Reality Software Company Evaluation Quadrant
    3.4 Virtual Reality Software Market: Overall Company Footprint Analysis
        3.4.1 Virtual Reality Software Market: Region Footprint
        3.4.2 Virtual Reality Software Market: Company Product Type Footprint
        3.4.3 Virtual Reality Software Market: Company Product Application Footprint
    3.5 Competitive Environment
        3.5.1 Historical Structure of the Industry
        3.5.2 Barriers of Market Entry
        3.5.3 Factors of Competition
    3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
    4.1 United States VS China: Virtual Reality Software Revenue Comparison (by Headquarter Location)
        4.1.1 United States VS China: Virtual Reality Software Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
        4.1.2 United States VS China: Virtual Reality Software Revenue Market Share Comparison (2019 & 2023 & 2030)
    4.2 United States Based Companies VS China Based Companies: Virtual Reality Software Consumption Value Comparison
        4.2.1 United States VS China: Virtual Reality Software Consumption Value Comparison (2019 & 2023 & 2030)
        4.2.2 United States VS China: Virtual Reality Software Consumption Value Market Share Comparison (2019 & 2023 & 2030)
    4.3 United States Based Virtual Reality Software Companies and Market Share, 2019-2024
        4.3.1 United States Based Virtual Reality Software Companies, Headquarters (States, Country)
        4.3.2 United States Based Companies Virtual Reality Software Revenue, (2019-2024)
    4.4 China Based Companies Virtual Reality Software Revenue and Market Share, 2019-2024
        4.4.1 China Based Virtual Reality Software Companies, Company Headquarters (Province, Country)
        4.4.2 China Based Companies Virtual Reality Software Revenue, (2019-2024)
    4.5 Rest of World Based Virtual Reality Software Companies and Market Share, 2019-2024
        4.5.1 Rest of World Based Virtual Reality Software Companies, Headquarters (States, Country)
        4.5.2 Rest of World Based Companies Virtual Reality Software Revenue, (2019-2024)

5 Market Analysis by Type
    5.1 World Virtual Reality Software Market Size Overview by Type: 2019 VS 2023 VS 2030
    5.2 Segment Introduction by Type
        5.2.1 On-Premise
        5.2.2 Cloud
    5.3 Market Segment by Type
        5.3.1 World Virtual Reality Software Market Size by Type (2019-2024)
        5.3.2 World Virtual Reality Software Market Size by Type (2025-2030)
        5.3.3 World Virtual Reality Software Market Size Market Share by Type (2019-2030)

6 Market Analysis by Application
    6.1 World Virtual Reality Software Market Size Overview by Application: 2019 VS 2023 VS 2030
    6.2 Segment Introduction by Application
        6.2.1 Aerospace & Defense
        6.2.2 Gaming & Entertainment
        6.2.3 Diagnostics & Surgeries
        6.2.4 Tourism
        6.2.5 Tourism
    6.3 Market Segment by Application
        6.3.1 World Virtual Reality Software Market Size by Application (2019-2024)
        6.3.2 World Virtual Reality Software Market Size by Application (2025-2030)
        6.3.3 World Virtual Reality Software Market Size by Application (2019-2030)

7 Company Profiles
    7.1 Google
        7.1.1 Google Details
        7.1.2 Google Major Business
        7.1.3 Google Virtual Reality Software Product and Services
        7.1.4 Google Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024)
        7.1.5 Google Recent Developments/Updates
        7.1.6 Google Competitive Strengths & Weaknesses
    7.2 Microsoft
        7.2.1 Microsoft Details
        7.2.2 Microsoft Major Business
        7.2.3 Microsoft Virtual Reality Software Product and Services
        7.2.4 Microsoft Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024)
        7.2.5 Microsoft Recent Developments/Updates
        7.2.6 Microsoft Competitive Strengths & Weaknesses
    7.3 Blippar
        7.3.1 Blippar Details
        7.3.2 Blippar Major Business
        7.3.3 Blippar Virtual Reality Software Product and Services
        7.3.4 Blippar Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024)
        7.3.5 Blippar Recent Developments/Updates
        7.3.6 Blippar Competitive Strengths & Weaknesses
    7.4 Pixologic
        7.4.1 Pixologic Details
        7.4.2 Pixologic Major Business
        7.4.3 Pixologic Virtual Reality Software Product and Services
        7.4.4 Pixologic Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024)
        7.4.5 Pixologic Recent Developments/Updates
        7.4.6 Pixologic Competitive Strengths & Weaknesses
    7.5 Metaio
        7.5.1 Metaio Details
        7.5.2 Metaio Major Business
        7.5.3 Metaio Virtual Reality Software Product and Services
        7.5.4 Metaio Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024)
        7.5.5 Metaio Recent Developments/Updates
        7.5.6 Metaio Competitive Strengths & Weaknesses
    7.6 Qualcomm
        7.6.1 Qualcomm Details
        7.6.2 Qualcomm Major Business
        7.6.3 Qualcomm Virtual Reality Software Product and Services
        7.6.4 Qualcomm Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024)
        7.6.5 Qualcomm Recent Developments/Updates
        7.6.6 Qualcomm Competitive Strengths & Weaknesses
    7.7 Oculus VR
        7.7.1 Oculus VR Details
        7.7.2 Oculus VR Major Business
        7.7.3 Oculus VR Virtual Reality Software Product and Services
        7.7.4 Oculus VR Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024)
        7.7.5 Oculus VR Recent Developments/Updates
        7.7.6 Oculus VR Competitive Strengths & Weaknesses
    7.8 WorldViz
        7.8.1 WorldViz Details
        7.8.2 WorldViz Major Business
        7.8.3 WorldViz Virtual Reality Software Product and Services
        7.8.4 WorldViz Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024)
        7.8.5 WorldViz Recent Developments/Updates
        7.8.6 WorldViz Competitive Strengths & Weaknesses
    7.9 Starbreeze Studios
        7.9.1 Starbreeze Studios Details
        7.9.2 Starbreeze Studios Major Business
        7.9.3 Starbreeze Studios Virtual Reality Software Product and Services
        7.9.4 Starbreeze Studios Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024)
        7.9.5 Starbreeze Studios Recent Developments/Updates
        7.9.6 Starbreeze Studios Competitive Strengths & Weaknesses
    7.10 Razer
        7.10.1 Razer Details
        7.10.2 Razer Major Business
        7.10.3 Razer Virtual Reality Software Product and Services
        7.10.4 Razer Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024)
        7.10.5 Razer Recent Developments/Updates
        7.10.6 Razer Competitive Strengths & Weaknesses
    7.11 HTC
        7.11.1 HTC Details
        7.11.2 HTC Major Business
        7.11.3 HTC Virtual Reality Software Product and Services
        7.11.4 HTC Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024)
        7.11.5 HTC Recent Developments/Updates
        7.11.6 HTC Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Virtual Reality Software Industry Chain
    8.2 Virtual Reality Software Upstream Analysis
    8.3 Virtual Reality Software Midstream Analysis
    8.4 Virtual Reality Software Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Virtual Reality Software Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
    Table 2. World Virtual Reality Software Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
    Table 3. World Virtual Reality Software Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
    Table 4. World Virtual Reality Software Revenue Market Share by Region (2019-2024), (by Headquarter Location)
    Table 5. World Virtual Reality Software Revenue Market Share by Region (2025-2030), (by Headquarter Location)
    Table 6. Major Market Trends
    Table 7. World Virtual Reality Software Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
    Table 8. World Virtual Reality Software Consumption Value by Region (2019-2024) & (USD Million)
    Table 9. World Virtual Reality Software Consumption Value Forecast by Region (2025-2030) & (USD Million)
    Table 10. World Virtual Reality Software Revenue by Player (2019-2024) & (USD Million)
    Table 11. Revenue Market Share of Key Virtual Reality Software Players in 2023
    Table 12. World Virtual Reality Software Industry Rank of Major Player, Based on Revenue in 2023
    Table 13. Global Virtual Reality Software Company Evaluation Quadrant
    Table 14. Head Office of Key Virtual Reality Software Player
    Table 15. Virtual Reality Software Market: Company Product Type Footprint
    Table 16. Virtual Reality Software Market: Company Product Application Footprint
    Table 17. Virtual Reality Software Mergers & Acquisitions Activity
    Table 18. United States VS China Virtual Reality Software Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
    Table 19. United States VS China Virtual Reality Software Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
    Table 20. United States Based Virtual Reality Software Companies, Headquarters (States, Country)
    Table 21. United States Based Companies Virtual Reality Software Revenue, (2019-2024) & (USD Million)
    Table 22. United States Based Companies Virtual Reality Software Revenue Market Share (2019-2024)
    Table 23. China Based Virtual Reality Software Companies, Headquarters (Province, Country)
    Table 24. China Based Companies Virtual Reality Software Revenue, (2019-2024) & (USD Million)
    Table 25. China Based Companies Virtual Reality Software Revenue Market Share (2019-2024)
    Table 26. Rest of World Based Virtual Reality Software Companies, Headquarters (States, Country)
    Table 27. Rest of World Based Companies Virtual Reality Software Revenue, (2019-2024) & (USD Million)
    Table 28. Rest of World Based Companies Virtual Reality Software Revenue Market Share (2019-2024)
    Table 29. World Virtual Reality Software Market Size by Type, (USD Million), 2019 & 2023 & 2030
    Table 30. World Virtual Reality Software Market Size by Type (2019-2024) & (USD Million)
    Table 31. World Virtual Reality Software Market Size by Type (2025-2030) & (USD Million)
    Table 32. World Virtual Reality Software Market Size by Application, (USD Million), 2019 & 2023 & 2030
    Table 33. World Virtual Reality Software Market Size by Application (2019-2024) & (USD Million)
    Table 34. World Virtual Reality Software Market Size by Application (2025-2030) & (USD Million)
    Table 35. Google Basic Information, Area Served and Competitors
    Table 36. Google Major Business
    Table 37. Google Virtual Reality Software Product and Services
    Table 38. Google Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 39. Google Recent Developments/Updates
    Table 40. Google Competitive Strengths & Weaknesses
    Table 41. Microsoft Basic Information, Area Served and Competitors
    Table 42. Microsoft Major Business
    Table 43. Microsoft Virtual Reality Software Product and Services
    Table 44. Microsoft Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 45. Microsoft Recent Developments/Updates
    Table 46. Microsoft Competitive Strengths & Weaknesses
    Table 47. Blippar Basic Information, Area Served and Competitors
    Table 48. Blippar Major Business
    Table 49. Blippar Virtual Reality Software Product and Services
    Table 50. Blippar Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 51. Blippar Recent Developments/Updates
    Table 52. Blippar Competitive Strengths & Weaknesses
    Table 53. Pixologic Basic Information, Area Served and Competitors
    Table 54. Pixologic Major Business
    Table 55. Pixologic Virtual Reality Software Product and Services
    Table 56. Pixologic Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 57. Pixologic Recent Developments/Updates
    Table 58. Pixologic Competitive Strengths & Weaknesses
    Table 59. Metaio Basic Information, Area Served and Competitors
    Table 60. Metaio Major Business
    Table 61. Metaio Virtual Reality Software Product and Services
    Table 62. Metaio Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 63. Metaio Recent Developments/Updates
    Table 64. Metaio Competitive Strengths & Weaknesses
    Table 65. Qualcomm Basic Information, Area Served and Competitors
    Table 66. Qualcomm Major Business
    Table 67. Qualcomm Virtual Reality Software Product and Services
    Table 68. Qualcomm Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 69. Qualcomm Recent Developments/Updates
    Table 70. Qualcomm Competitive Strengths & Weaknesses
    Table 71. Oculus VR Basic Information, Area Served and Competitors
    Table 72. Oculus VR Major Business
    Table 73. Oculus VR Virtual Reality Software Product and Services
    Table 74. Oculus VR Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 75. Oculus VR Recent Developments/Updates
    Table 76. Oculus VR Competitive Strengths & Weaknesses
    Table 77. WorldViz Basic Information, Area Served and Competitors
    Table 78. WorldViz Major Business
    Table 79. WorldViz Virtual Reality Software Product and Services
    Table 80. WorldViz Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 81. WorldViz Recent Developments/Updates
    Table 82. WorldViz Competitive Strengths & Weaknesses
    Table 83. Starbreeze Studios Basic Information, Area Served and Competitors
    Table 84. Starbreeze Studios Major Business
    Table 85. Starbreeze Studios Virtual Reality Software Product and Services
    Table 86. Starbreeze Studios Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 87. Starbreeze Studios Recent Developments/Updates
    Table 88. Starbreeze Studios Competitive Strengths & Weaknesses
    Table 89. Razer Basic Information, Area Served and Competitors
    Table 90. Razer Major Business
    Table 91. Razer Virtual Reality Software Product and Services
    Table 92. Razer Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 93. Razer Recent Developments/Updates
    Table 94. HTC Basic Information, Area Served and Competitors
    Table 95. HTC Major Business
    Table 96. HTC Virtual Reality Software Product and Services
    Table 97. HTC Virtual Reality Software Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 98. Global Key Players of Virtual Reality Software Upstream (Raw Materials)
    Table 99. Virtual Reality Software Typical Customers
List of Figure
    Figure 1. Virtual Reality Software Picture
    Figure 2. World Virtual Reality Software Total Market Size: 2019 & 2023 & 2030, (USD Million)
    Figure 3. World Virtual Reality Software Total Market Size (2019-2030) & (USD Million)
    Figure 4. World Virtual Reality Software Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
    Figure 5. World Virtual Reality Software Revenue Market Share by Region (2019-2030), (by Headquarter Location)
    Figure 6. United States Based Company Virtual Reality Software Revenue (2019-2030) & (USD Million)
    Figure 7. China Based Company Virtual Reality Software Revenue (2019-2030) & (USD Million)
    Figure 8. Europe Based Company Virtual Reality Software Revenue (2019-2030) & (USD Million)
    Figure 9. Japan Based Company Virtual Reality Software Revenue (2019-2030) & (USD Million)
    Figure 10. South Korea Based Company Virtual Reality Software Revenue (2019-2030) & (USD Million)
    Figure 11. ASEAN Based Company Virtual Reality Software Revenue (2019-2030) & (USD Million)
    Figure 12. India Based Company Virtual Reality Software Revenue (2019-2030) & (USD Million)
    Figure 13. Virtual Reality Software Market Drivers
    Figure 14. Factors Affecting Demand
    Figure 15. World Virtual Reality Software Consumption Value (2019-2030) & (USD Million)
    Figure 16. World Virtual Reality Software Consumption Value Market Share by Region (2019-2030)
    Figure 17. United States Virtual Reality Software Consumption Value (2019-2030) & (USD Million)
    Figure 18. China Virtual Reality Software Consumption Value (2019-2030) & (USD Million)
    Figure 19. Europe Virtual Reality Software Consumption Value (2019-2030) & (USD Million)
    Figure 20. Japan Virtual Reality Software Consumption Value (2019-2030) & (USD Million)
    Figure 21. South Korea Virtual Reality Software Consumption Value (2019-2030) & (USD Million)
    Figure 22. ASEAN Virtual Reality Software Consumption Value (2019-2030) & (USD Million)
    Figure 23. India Virtual Reality Software Consumption Value (2019-2030) & (USD Million)
    Figure 24. Producer Shipments of Virtual Reality Software by Player Revenue ($MM) and Market Share (%): 2023
    Figure 25. Global Four-firm Concentration Ratios (CR4) for Virtual Reality Software Markets in 2023
    Figure 26. Global Four-firm Concentration Ratios (CR8) for Virtual Reality Software Markets in 2023
    Figure 27. United States VS China: Virtual Reality Software Revenue Market Share Comparison (2019 & 2023 & 2030)
    Figure 28. United States VS China: Virtual Reality Software Consumption Value Market Share Comparison (2019 & 2023 & 2030)
    Figure 29. World Virtual Reality Software Market Size by Type, (USD Million), 2019 & 2023 & 2030
    Figure 30. World Virtual Reality Software Market Size Market Share by Type in 2023
    Figure 31. On-Premise
    Figure 32. Cloud
    Figure 33. World Virtual Reality Software Market Size Market Share by Type (2019-2030)
    Figure 34. World Virtual Reality Software Market Size by Application, (USD Million), 2019 & 2023 & 2030
    Figure 35. World Virtual Reality Software Market Size Market Share by Application in 2023
    Figure 36. Aerospace & Defense
    Figure 37. Gaming & Entertainment
    Figure 38. Diagnostics & Surgeries
    Figure 39. Tourism
    Figure 40. Others
    Figure 41. Virtual Reality Software Industrial Chain
    Figure 42. Methodology
    Figure 43. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

Google
Microsoft
Blippar
Pixologic
Metaio
Qualcomm
Oculus VR
WorldViz
Starbreeze Studios
Razer
HTC

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Augmented and Virtual Reality Software and Service

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