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#Virtual reality headset software#
#Virtual reality headset free#

The concept of live virtual entertainment is evolving worldwide. As the technology offers an immersive and real-world environment to the users, its demand for live music concerts, live events, or sports is growing significantly. Today, people are preferring at-home entertainment by adopting technology to access live events or shows. Growing Live Virtual Entertainment to Drive Market Growth Thus, the trending applications of virtual reality are expected to boost the virtual reality market expansion.

In February 2022, Memic Innovative Surgery and VirtaMed collaboratively developed Memic’s Hominis surgical virtual reality system for surgeons’ training.

It also helps by providing surgical training to develop required skills. The assisted robotic VR is helping the healthcare providers by assisting during surgeries. Its stimulated experience of reflecting the real-world environment is expected to surge the demand in the healthcare industry. The technology has showcased potential in improving the healthcare provisions, patient care system, planned surgeries, and medical training, among others. Growing Potential in Healthcare Industry to Fuel Market ExpansionĪs per the virtual reality statistics and industry experts’ analysis, the healthcare industry is expected to witness significant disruption across the industry with VR applications.

#Virtual reality headset free#

Request a Free sample to learn more about this report. Thus, amid the pandemic, the VR demand in commercial industries has increased significantly, and its advancements have surged its potential for future applications. For instance, in the initial phase of 2020, the Kansas City University Center for Medical Education Innovation integrated immersive technology for medical student's training using fully immersive simulations. The demand for VR technology increased in industries apart from healthcare, such as education, gaming, entertainment, manufacturing, retail, military, and defense, among others. However, in many industrial applications, the technology emerged with a true potential to support the pandemic crisis. Thus, initially, in 2020, owing to the limited stock of virtual reality products and services, the market witnessed a small dip in its year-on-year trend, and this has impacted the overall global market. The temporary shutdown of industries, limited number of in-house staff, sealed country borders, and more have significantly impacted the supply of components and the delivery of final products. The production and manufacturing plants of components, devices, equipment, and other hardware products have been severely impacted owing to the coronavirus outbreak worldwide. Vast VR Application Across Industries Amid COVID-19 Pandemic to Boost Market Growth The new partnership is agreed upon under a new subsidiary, Nikon Creates Corporation, which aims to enhance the content creation space.

In April 2022, Nikon Corporation announced a collaboration with Microsoft Corporation to develop and design 3D content and virtual reality solutions.

The key market players are extensively focused on offering advanced hardware and content to improve customer experience. Also, the advancement in the 5G technology and infrastructure is driving the virtual reality market growth.

The industries are adopting this immersive technology to conduct virtual training, assistance, marketing, engineering and maintenance, designing, and simulation activities with their employees and workers. Virtual reality provides simulated experience to the customers and offers vast applications to industries such as retail, healthcare, automotive, gaming, and entertainment, among others.

#Virtual reality headset software#

The study includes devices and software such as Quest 2, Google Cardboard, Microsoft HoloLens 2, PlayStation Headset and Move Motion Controller, Unity Virtual Reality Development Software, among others. The global COVID-19 pandemic has been unprecedented and staggering, with experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. Based on our analysis, the global market exhibited a decline of 42.2% in 2020 as compared to 2019.

The global virtual reality market size was valued at USD 11.64 billion in 2021 and is projected to grow from USD 16.67 billion in 2022 to USD 227.34 billion by 2029, exhibiting a CAGR of 45.2% during the forecast period.