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Emerging Applications and Industries Driving the Head-mounted Display Market

The Head-mounted Display (HMD) Market size is projected to reach USD 36.5 billion by 2026, at a CAGR of 46.0% during the forecast period

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Emerging Applications and Industries Driving the Head-mounted Display Market

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  1. MarketsandMarkets Presents The Head-Mounted Display Market is expected to grow from USD 5.5 billion in 2021 to USD 36.5 billion by 2026, at a CAGR of 46.0%. The market growth can be attributed to several factors, such as surge in investments by major players in development of HMDs, increased adoption of AR and VR technologies due to COVID-19, availability of low- cost HMDs, and technological advancements and growing digitalization.

  2. MarketsandMarkets Presents Integrated HMDs to account for the largest share of Head-Mounted Display Market in 2020 Integrated HMD, also called optical HMD (OHMD), is the most expensive and sophisticated type of HMD. It is an independent computing device, as it can deliver VR and AR experiences to users without any external hardware such as a PC or smartphone. Microsoft Corporation (US), Magic Leap, Inc. (US), and Osterhout Design Group (US) are among the companies that provide integrated HMDs. With the growing advent of HMDs and advancements in them, it is expected that integrated HMDs will play a key role in the development of the overall HMD market.

  3. MarketsandMarkets Presents Augmented reality technology to grow at the fastest rate during the forecast period The use of mobile phones for 3D navigation with a real-time overlay of computer graphics has numerous applications in the gaming sector and other industries; this is expected to drive the growth of the AR segment. Increasing importance of AR HMDs or smart glasses in the enterprise and industry application is also expected to drive this segment. AR headsets can provide employees with a host of tools, such as training videos, visualized data, and access to multiple desktop screens for performing various activities. Download PDF Sample @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=729

  4. MarketsandMarkets Presents Americas is leading the Market Head-Mounted Display Market in 2020 Americas held the largest share in the Head-Mounted Display Market in 2020. The increased acceptance of AR and VR devices by enterprise users to improve productivity and accuracy has been the key factor driving the growth of the HMD Market in Americas. The use of AR and VR technologies in consumer electronics also propels the growth of the market.

  5. MarketsandMarkets Presents Key Players Some of the key companies operating 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), and Vuzix (US) and so on. Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/head- mounted-display-hmd-market-729.html

  6. MarketsandMarkets Presents About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

  7. MarketsandMarkets Presents Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com Content Source: https://www.marketsandmarkets.com/PressReleases/head-mounted- display.asp

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