According to the latest report by IMARC Group, titled “Europe Virtual Reality Gaming Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the virtual reality gaming market size in Europe reached a strong growth in 2020. On account of these factors, the market is expected to continue its robust growth during 2021-2026. Virtual reality (VR) gaming is generally played using various VR devices and accessories, such as helmets or headsets, sensor-equipped gloves and hand controllers. It involves the utilization of advanced technologies to create a simulated environment that offers a first-person perspective (FTP) experience of the game. These games can be widely played using specialized standalone systems, laptops, personal computers (PCs) and gaming consoles.
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The market in Europe is primarily driven by continual technological advancements in gaming technology. Coupled with the widespread integration of mixed reality (MR) and 3D animation technologies with VR games to offer realistic sounds, images and sensations to the players, this is creating a positive outlook for the market. Along with this, the rising popularity of realistic gaming experiences, including 360-degree viewing angles and flexible movements, is also gaining prominence among the masses, especially young adults. Furthermore, increasing investments by leading players in extensive research and development (R&D) activities to upgrade VR gaming systems and accessories are contributing to the market growth further across the region.
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Key Market Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Zeiss International
- Largan Precision
Breakup by Segment:
Breakup by Device:
- Personal Computers
- Gaming Consoles
- Mobile Devices
Breakup by Age Group:
Breakup by Types of Games:
- Mystery Thriller
- Science Fiction
Key highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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