The global VR all-in-one headset market is experiencing significant growth due to rising R&D expenditures across the globe. Standalone virtual reality headsets, also known as untethered VR or wireless VR, are becoming increasingly popular. A headset that provides a more powerful VR experience than smartphone-based VR without the need to operate a PC or smartphone. Major players in the market include Meta (previously known as Facebook), HTC, Samsung, Microsoft and Alphabet/Google.
One notable move in the market is Bytedance’s acquisition of Pico Interactive. ByteDance, the parent company of popular social media platform TikTok, acquired Pico Interactive for more than $1 billion in September 2021. The acquisition will allow ByteDance to expand into the virtual reality market.
Another important player in the market is Meta, which is reportedly developing four new virtual reality headsets. These headsets are part of Meta’s Metaverse mission and will be released between now and the end of 2024. The first headset he will debut in September 2022.
From a market segmentation perspective, the VR all-in-one headset market can be segmented by application, price range, sales channel, field of view, and resolution. Applications for VR headsets range from consumer electronics and healthcare, to gaming and entertainment, education, real estate, and military. Moreover, the market is further segmented based on headset price range, sales channel, field of view, and resolution.
The market opportunity for the VR all-in-one headset industry is driven by the growth of technology and R&D for the metaverse. Virtual reality games are also growing in popularity among millennials in both developed and developing countries. These trends present favorable conditions for the growth and investment of the VR all-in-one headset market.
Overall, the global VR all-in-one headset market is witnessing rapid growth, offering plenty of opportunities for industry players. The market is expected to continue its upward trajectory due to technological advances and growing demand for immersive experiences.
source:
– Advanced Market Analysis to 2028, Global VR All-in-One Headset Market Insights
