The global virtual reality content creation industry was estimated at $431.3 million in 2018 and is expected to hit $46.54 billion by 2026, registering a CAGR of 77.1% during the estimated period. Key market players include Blippar, 360 Labs, Matterport, Koncept VR, SubVRsive, Panedia Pty Ltd., WeMakeVR, VIAR (Viar360), Pixvana Inc., and Scapic. An increase …
Tag Archives: Virtual Reality Content Creation Market
At a Booming 77.10% Growth Rate: VR Content Creation Market Generating Revenue of $46.5 Billion by 2026
Penetration of HMDs in healthcare and architectural applications, and use of virtual reality in training, as well as simulation among aerospace & defense and transportation sector, are anticipated to create multiple opportunities for the key market players in the industry. Surge in demand for head-mounted display (HMDs) in gaming & entertainment sector, availability of cost-effective …