Technavio Says the Increased Awareness of Virtual Reality Will Boost the Gaming Market in the APAC Region Through 2019

LONDON–(BUSINESSWIRE)–

Technavio has published a new report on the virtual reality in gaming market in the APAC region, which is expected to grow at a CAGR of almost 53% from 2015-2019.

About the Report

According to the latest report by Technavio, the number of vendors providing virtual reality headsets is increasing significantly. The participation of companies such as Oculus, Samsung, Sony, and Google in this segment will increase the awareness of VR technology among consumers.

“Additionally, major players in the smartphone segment such as Samsung and HTC have introduced VR headsets, which can be integrated with smartphones to provide an enhanced viewing and gaming experience,” says Faisal Ghaus, Vice President of Technavio.

The latest report by Technavio also highlights the depth-sensing cameras, which are expected to revolutionize the way an individual uses mobile device cameras in the future as these cameras have sensors that can scan objects in 3D.

“This innovative technology is expected to create new possibilities in gaming, photography, online trade, and several other applications,” adds Ghaus.

Market Scope and Calculation of Market Size

The new Technavio report covers the present scenario and growth prospects of the virtual reality in gaming market in the APAC region from 2015-2019. The report includes VR gaming applications for the consumers segment across various VR headset devices. The software content is created for PCs, consoles, and handheld devices.

Key Information Covered in the Report:

Key Vendors:
- Oculus VR
- Samsung
- Sony
- Google
- HTC
- Avegant
- ImmersiON-VRelia
Market Growth Drivers:
- Increased Awareness
- For a full detailed list, view our report.
Market Challenges:
- Lack of VR content
- For a full detailed list, view our report.
Market Trends:
- Smartphone- integrated VR Headsets
- For a full detailed list, view our report.