Virtual reality is a COMPUTER-created 3D environment that immerses end users in an artificial environment rather than the real world.VR is primarily used to enhance the customer experience of the gaming and entertainment industries, but all USES of VR require logistical compilation and exponential growth in data usage.Therefore, high speed and lots of data are needed to get the best VR experience, which can be provided through 5G network connections.5G networks have the requisite bandwidth, low latency and high speed to achieve a seamless VR experience.
5GVR Market contains market size and forecasts of 5G in VR in Global, including the following market information:
- Global 5G in VR Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global top five companies in 2021 (%)
The global 5G in VR market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
- The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
- Software Segment to Reach $ Million by 2028, with a % CAGR in next six years.
- The global key manufacturers of 5G in VR include Qualcomm Inc, Facebook(Oculus), Huawei, ZTE Corporation, Samsung, Google, SK Telecom and Microsoft Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
- We surveyed the 5G in VR companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global 5G in VR Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global 5G in VR Market Segment Percentages, by Type, 2021 (%)
- Software
- Services
- Hardware
Global 5G in VR Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global 5G in VR Market Segment Percentages, by Application, 2021 (%)
- Consumer level
- Enterprise level
- Industrial level
Global 5G in VR Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global 5G in VR Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies 5G in VR revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies 5G in VR revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Qualcomm Inc
- Facebook(Oculus)
- Huawei
- ZTE Corporation
- Samsung
- Google
- SK Telecom
- Microsoft Corporation