Virtual Reality (VR) is computer generated simulation of a 3D image or environment that can be interacted with in a physical environment with aid of special electronic equipment which might include a head-mounted displays or gloves attached with sensors. VR requires presenting human senses with aid of computer generated virtual environment that is further explored in some fashion. VR technology has been into existence from past three decades and the developments in this technology have accelerated recently from last one decade.
Competitive Landscape: Oculus VR LLC, Google, Inc., Microsoft Corporation, Vuzix Corporation, Marxent Labs, Worldviz, Magic Leap, Sony Corporation, Samsung, and HTC.
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Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Virtual Reality Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation.
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