VRMarket.cyou

by Reiwaing
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The perfect domain for digital natives!

VRMarket.cyou is for sale!

– VR Market –

Selling on DAN.com

#WeCyou

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Renewal price $1.28/yr

 

 

The Virtual Reality (VR) market was valued at USD 11.52 billion in 2019 and is expected to reach USD 87.97 billion by 2025, at a CAGR of 48.7% over the forecast period 2020 – 2025. … Numerous players are emerging in this market with the hopes of navigating it toward mainstream adoption.

 

COVID-19 has highly impacted the work culture across the industries. The lockdown has significantly raised the demand for virtual technology. The increasing adoption of virtual meets, conferences, exhibitions, gatherings are spurring the demand for immersive solutions. For instance, LAVAL hosted its exhibition online with the help of VR glasses and 3D graphics. The company offered participants from multiple locations to meet and showcase their products virtually at the exhibition.
Industries such as automotive, manufacturing, and entertainment are also adopting the technology to cater to the business requirement. The virtual simulator can support designing the product from a remote location. The COVID-19 is expected to further boost the demand for online lectures and other learning practices. Thus, the pandemic is expected to reboot the technology adoption and likely to surge the market growth.

The global augmented reality (AR) and virtual reality (VR) market is forecast to reach 72.8 billion U.S. dollars in 2024. This would be an increase of 54 percent five-year CAGR over spending.

 

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Reiwaing

 

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