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Global Virtual Reality (VR) Market Research and Forecast 2018-2023

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“Technological advancements in VR & AR gaming is driving the growth of virtual reality market.”

Orion Market Research (OMR), recently published a market research report on the global virtual reality market. According to the OMR analysis, the global virtual reality market is growing at a significant CAGR of 33% during 2018-2023. The global virtual reality market has witnessed a significant growth due to increasing demand for interactive and attractive gaming consoles. The global virtual reality market is segmented on the basis of system, component, platform, and geography. The report provides detailed and insightful chapters on market overview, key findings, strategic recommendations, market estimations, market determinants, key company analysis, market insights, company profiling, market segmentation, geographical analysis and analyst insights.

Virtual Reality has changed the processes of automobile industry by incorporating safety, design, and purchasing processes. It enables engineers, designers, and manufacturers to analyze the performance and look of the vehicle without looking for the multiple models. Moreover, the exterior environment can be virtually simulated to conduct safety tests on vehicles, with no need of spending the time and energy to run the actual tests. Some of the major players operating in the market such as General Motors, Volvo, Hyundai, and Ford are using virtual reality for designing and sales.

Additionally, virtual reality technology is applied in many fields of the healthcare sector, which include diagnosis, surgery, treatment, counseling, and rehab. It is used in paramedics, to train doctors, and other medical conditions, in order to gain a relative approach by working on a virtual body. Virtual human anatomy models and hypothetical virtual environment provides an understanding to healthcare professionals and medical students. Therefore, virtual reality training enables medical professionals with the better hands-on, online training, which offers them to provide risk-free patient care.

The report covers
Comprehensive research methodology of global virtual reality market
In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global virtual reality market
Insights about market determinants which are stimulating the global virtual reality market
Detailed and extensive market segments with regional distribution of researched revenues
Extensive profiles and recent developments of market player.

About Orion Market Research

Orion Market Research (OMR) is an Indian research company known for its crisp and concise reports. The company is equipped with an experienced team and young brigade of analysts. The company provides quality syndicated research reports, customized research reports, Company profiling, consulting and other research-based services. OMR provide global and regional market reports of various domains such as healthcare, energy, IT, chemicals, and automobiles. OMR provide a 360-degree view of the market with parametric analysis, key market insights, key findings, statistical forecasts, competitive landscape, extensive segmentation, key trends, strategic recommendations and detailed company profiles.

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