From GlobeNewswire: 2024-06-07 03:30:00

Custom Market Insights has released a report on the Virtual Reality In Gaming Market, projecting a growth from USD 22,418.6 million in 2023 to USD 103,244.7 million by 2033, with a CAGR of 16.5%. Factors driving this growth include technological advancements, demand for immersive experiences, expanding gaming audience, and rise of location-based VR entertainment venues. The market is also seeing integration with other industries, strategic partnerships, and demand for social VR experiences. Meta and Microsoft are among the key players in this market, with collaborations aimed at enhancing VR experiences and expanding functionalities. The COVID-19 pandemic has both positively and negatively impacted the market, with supply chain disruptions, consumer spending constraints, focus on affordable solutions, content expansion, and accelerated online distribution channels being key factors. Marketing and promotional campaigns are crucial for market recovery. Key questions answered in the report include market size, growth rate, driving factors, top companies, market categories, fastest-growing segments, and essential players in the value chain.



Read more at GlobeNewswire: [Latest] Global Virtual Reality In Gaming Market Size/Share