The global head-mounted display market is growing at a CAGR of nearly 35.0% during the forecast period. The major factors that are augmenting the growth of the market include rising adoption in consumer applications and increasing adoption of augmented reality (AR) and virtual reality (VR) technology. Head-mounted displays are regarded as highly immersive display devices that are significantly targeted towards e-learning, video games, and other kinds of digital entertainment. This immersive display device is normally used for watching movies and playing games as it can offer a more realistic and entirely immersive in-game environment to the user.
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The global head mounted display market is analyzed based on geographical regions such as North America, Europe, Asia Pacific and the Rest of the World. In 2020, North America held the largest share in the market owing to the rising military projects for head mounted displays and a significant rise in the popularity of VR headset games in the region. The Defense Advanced Research Projects Agency (DARPA) is focusing on the future of wearable computers and other technologies that can support warfighters in overwhelming acts of multi-tasking. Therefore, it has started programs for the development of head-mounted displays to support soldiers to monitor information with unparalleled ease and efficiency.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Head Mounted Display Market-Segmentation
By Application
- Entertainment
- Commercial
- Medical
- Military and Defense
- Education
- Industrial
- Others
By Technology
- Virtual Reality
- Augmented Reality
Global Head Mounted Display Market Report Segment by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global head mounted display market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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