Global Virtual Reality Software Market 2022 – 2026

Market Highlights

Virtual reality in healthcare is expanding providing many benefits like surgery simulation, robotic surgery, and skills training. The main advantage of VR in healthcare is that it assists healthcare professionals during a cquiring new skills and training on new operating procedures which may be practiced in a safe environment. Within the field of diagnostics, computer game helps medical practitioners to get better insights as compared to MRI scans and other methods, thereby eliminating the necessity for invasive procedures or surgeries, unless absolutely required. Samsung Electronics, Facebook Inc., Google LLC, Microsoft Corporation, and Sony Corporation are the main players operating the worldwide VR market.

VR Industry Growth remote platforms are widely getting used for sales meetings, schools, and universities. This, as a result, allows the market to garner tremendous traction worldwide. Consistent with marketing research Future (MRFR), the worldwide computer game software market is predicted to grow at double-digit CAGR over 11% throughout the forecast period (2018 – 2023). Besides, the growing penetration of cloud computing and smart, connected devices act together of the most driving factors for the market growth.

Major Players:

Players leading the worldwide computer game software market include Microsoft Corporation (US), Google Inc. (US), Blippar Inc. (UK), Metaio Gmbh (Germany), Pixologic Inc. (US), Qualcomm Incorporated (US), WorldViz. (US), Oculus VR, LLC (US), Starbreeze Studios (Sweden), HTC Corporation (Taiwan), Razer Inc. (Singapore), and BAE Systems AB (Sweden), among others.

Additionally, the proliferation of the web of things (IoT) and improving cloud computing delivery in business applications boost the expansion of the VR software market to the extent. Stringent compliance, regulatory requirements, and increased deployment of web and cloud-based applications positively impact market growth. Increasing enterprise budgets for the virtual meeting also are driving greater interest in investment opportunities during this high-growth sector.

Conversely, security compliances and growing cyber-attacks are significant factors estimated to impede the expansion of the market. Also, the shortage of technical expertise poses challenges to the expansion of the VR software market up to some extent. Nevertheless, the proliferation of the BYOD trend and therefore the Internet of things (IoT) connected devices would support the market throughout the assessment period.

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Global computer game Software Market – Competitive Analysis

Fiercely competitive, the VR software market appears fragmented thanks to the presence of several well-established players. To realize a bigger competitive share, industry players incorporate strategic initiatives like collaboration, mergers & acquisitions, expansion, and merchandise & technology launch. Matured players invest substantially in R&D to develop the technology and to upgrade their existing portfolio. They also invest in expanding their global footprints, transforming the business landscape within the future. Top companies strive to return up with advanced solutions to take care of themselves within the market competition.

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Virtual Reality Market: By Form Factor (Rack & tower servers, Blade servers), Business Type (Data centers and Enterprise customers), and Processor (X 86 servers, Non-X86 servers), Operating System (Linux and Others) – Global Forecast till 2027

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