Middle East and Africa virtual reality market is projected to register a CAGR of 43.2% in the forecast period of 2020 to 2027. The new market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.
Market Segmentation:
Middle East and Africa Virtual Reality Market, By Component (Hardware and Software), Device Type (Head-Mounted Displays, Projectors & Display Walls and Gesture-Tracking Devices), Technology (Fully Immersive, Non-Immersive and Semi Immersive), Vertical (Entertainment & Media, Healthcare, Industrial, Commercial, Aerospace & Defense, Automotive, Education and Others), Country (South Africa, UAE, Egypt, Saudi Arabia, Israel and Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Some of the major factors contributing to the growth of the Middle East and Africa virtual reality market are:
- Rising need of virtual reality in medical sector
- Rising number of VR companies in the region
Market Players
The key market players for Middle East and Africa virtual reality market are listed below:
- Sony Corporation
- Lenovo
- Autodesk Inc.
- Nintendo
- Sixense Enterprises Inc.
- HTC Corporation
- Google (a subsidiary of Alphabet Inc.)
- Barco
- HP Development Company, L.P.
- Microsoft
- SAMSUNG ELECTRONICS CO., LTD.