Head-Mounted Display Market size worth $ 141.18 Billion, Globally, by 2028 at 38.78% CAGR: Verified Market Research®

·5 min read

The key factors driving the market include an increase in investments by major players in HMD development, higher acceptance of AR and VR technologies as a result of COVID-19, the availability of low-cost HMDs, and technological developments.

Jersey City, New Jersey, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Head-Mounted Display Market” By Product Type(Head-mounted and Eyewear), By Component(Processors and Memory, Displays, Lenses, Sensors, Controllers, Cameras), By Connectivity(Wired and Wireless), and By Geography. According to Verified Market Research, the Global Head-Mounted Display Market size was valued at USD 12.11 Billion in 2020 and is projected to reach USD 141.18 Billion by 2028, growing at a CAGR of 38.78% from 2021 to 2028.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=3807

Browse in-depth TOC onHead-Mounted Display Market

202 - Pages

126 – Tables

37 – Figures

Global Head-Mounted Display Market Overview

There has been considerable growth in investments in the development of HMDs, as well as their use in diverse applications around the world. Huge investments have been made in the HMD industry, and investors have been eager to invest in firms that have proven the usefulness of their innovations and products in recent years. Facebook Corporation, Intel Corporation, Qualcomm, Inc., Alphabet, Inc., Comcast Ventures, and Samsung Group are all substantially investing in the HMD industry. Several research institutes are also researching the AR application market for a variety of products and applications.

Private companies and venture investors, as well as governments, sponsor research institutes. Because of the benefits of AR, industries such as consumer electronics, aerospace and defense, healthcare, retail, and advertising are adopting it. Mobile head-mounted displays accounted for 78 percent of global HMD sales in 2016. In 2016, five million virtual reality headsets were sold worldwide. This figure is expected to climb to 68 million units by 2020. The Head-Mounted Display Market is being driven by several factors, including the lowered process of microdisplays and the rising demand for helmet-mounted displays in a variety of applications. The growing demand for mobile-based AR applications is a major driver driving the growth of the Head-Mounted Display Market. Furthermore, the introduction of lightweight wearable technology has resulted in a slew of innovations in the field of Head-Mounted Displays. Following the debut of lightweight displays, leading manufacturers began positioning them as consumer products, which contributed to the expansion of the Head-Mounted Display Market.

Key Developments in Head-Mounted Display Market

• In April 2021, The US Army awarded Microsoft a USD 22 billion contract for the production of Augmented Reality Gear. Under the terms of the contract, it would begin producing Integrated Augmentation Systems over 10 years.

• In March 2021, Sony revealed its new VR controllers, which are unique from the ball-on-a-stick controllers used in the PS4. Sony has also indicated that the controllers would include adjustable triggers, haptic feedback, and finger contact recognition, among other things.

The major players in the market are Sony (Japan), Google (US), Microsoft (US), Oculus (US), HTC (Taiwan), Seiko Epson (Japan), Samsung (South Korea), Lenovo (China), Magic Leap (US), Vuzix (US).

Verified Market Research has segmented the Global Head-Mounted Display Market On the basis of Product Type, Component, Connectivity, and Geography`.

  • Head-Mounted Display Market, By Product Type

    • Head-mounted

    • Eyewear

  • Head-Mounted Display Market, By Component

    • Processors and Memory

    • Displays

    • Lenses

    • Sensors

    • Controllers

    • Cameras

  • Head-Mounted Display Market, By Connectivity

    • Wired

    • Wireless

  • Head-Mounted Display Market by Geography

    • North America

      • U.S

      • Canada

      • Mexico

    • Europe

      • Germany

      • France

      • U.K

      • Rest of Europe

    • Asia Pacific

      • China

      • Japan

      • India

      • Rest of Asia Pacific

    • ROW

      • Middle East & Africa

      • Latin America

Browse Related Reports:

Automotive Display Market By Application (Centre stack, digital instrument cluster, head-up display, rear entertainment), By Display Size (<5”, 5” to 10”, >10”), By Display Technology (LCD, TFT-LCD, and OLED), By Autonomous Driving (Semi-Autonomous, and Autonomous), By Electric Vehicle (BEV, FCEV, HEV, and PHEV), By Vehicle Class (Economy, Mid-segment, and Luxury cars), By Geography, Forecast, 2020-2027

Screenless Display Market By Application (Holographic Projections, Head-mounted displays, and Head-up displays), By Type (Electric visual image, Retinal display, and the Synaptic interface), By Geography, Forecast, 2020-2027

Display Market By Display Type (Flat Panel Display, Transparent Panel Display, Flexible & Foldable Panel Display, and 3D Display), By Technology (OLED, LED, Micro-LED, Direct-View LED, LCD and Others), By Product (Smartphone, Television, PC Monitor & Laptop, Automotive Display, and Others), By Industry (Consumer, Transportation, Retail, Hospitality, & BFSI, Education, Healthcare, Military, Defense, and Aerospace, and Others), By Geography, Forecast, 2020-2027

3D Display Market By Product (Volumetric display, Stereoscopic display, HMD), By Technology (Digital Light Processing (DLP), Plasma Display Panel (PDP), Organic Light-Emitting Diode (OLED), Light Emitting Diode (LED)), By Application (Projector, Smartphone, Television, and Others), By Geography, Forecast, 2020-2027

Top 9 interactive flat panel display brands opening new dimensions of science

Visualize Head-Mounted Display Market using Verified Market Intelligence:-:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals, and critical revenue decisions.

Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.

CONTACT: Mr. Edwyne Fernandes Verified Market Research® US: +1 (650)-781-4080 UK: +44 (753)-715-0008 APAC: +61 (488)-85-9400 US Toll Free: +1 (800)-782-1768 Email: sales@verifiedmarketresearch.com Web: https://www.verifiedmarketresearch.com/ BI Enabled Platform: https://www.verifiedmarketresearch.com/vmintelligence/ Follow Us: LinkedIn | Twitter


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting