According to the latest report by IMARC Group, titled ” Virtual reality (VR) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″, the global Virtual reality (VR) Market size exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the global virtual reality market to grow at a CAGR of around 31% during 2021-2026. Virtual reality (VR) refers to a digitally generated simulation that facilitates interaction in an artificial 3D environment. It involves specialized goggles with display screens, gloves, and bodysuits equipped with sensors that provide a realistic experience. VR merges software, hardware, and sensory inputs to achieve a sense of presence through fully, non-, and semi-immersive films. This technology is widely employed in instructive training of engineers, armed forces, pilots, field workers, and technicians across different industries, such as gaming, retail, healthcare, entertainment, travel, aerospace, etc.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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Market Trends:
The rising penetration of industry 5.0 trends and the extensive adoption of VR in the gaming and entertainment sectors are primarily driving the virtual reality market. Moreover, continuous innovations by sports-based game developers, such as inclusion of sensor-enabled tennis racquets for playing a computer-controlled game simulation in an enclosed space, are also augmenting the market growth. Furthermore, VR provides a first-hand experience of in-traffic driving scenarios to learners on-road and familiarizes them with the accelerator, steering wheel, and brakes of the vehicle, which is also propelling the market growth.
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Key Market Segmentation:
Competitive Landscape with Key Player:
- CyberGlove Systems Inc.
- Eon Reality Inc.
- Google LLC (Alphabet Inc.)
- HTC Corporation
- Microsoft Corporation
- Oculus VR LLC (Facebook Inc.)
- Samsung Electronics Co. Ltd.
- Sixense Enterprises Inc.
- Sony Corporation
- StarVR Corp (Acer Inc.)
- Ultraleap Ltd.
- Unity Software Inc.
Breakup by Device Type:
- Head-Mounted Display
- Gesture-Tracking Device
- Projectors and Display Wall
Breakup by Technology:
- Semi and Fully Immersive
- Non-Immersive
Breakup by Component:
- Hardware
- Software
Breakup by Application:
- Aerospace and Defense
- Consumer
- Commercial
- Enterprise
- Healthcare
- Others
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
Key Highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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.
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About Us:
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.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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According to the latest report by IMARC Group, titled “Premium Denim Jeans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global premium denim jeans market size exhibited moderate growth during 2015-2020.
Looking forward, IMARC Group expects the global premium denim jeans market to grow at a CAGR of around 5% during 2021-2026.
A pair of jeans represent one of the most commonly worn items in an individuals’ closet.
It is classified into different types based on numerous factors, amongst which price acts as a major factor for differentiating premium denim jeans from its affordable counterparts.
Premium denim jeans enhance the overall aesthetic appeal of an individual, owing to which its sales are boosting across the globe.As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally-our estimates about the latest market trends and forecast values after considering the impact of this pandemic.
These observations will be integrated into the report.Request for a free sample copy of this report: https://www.imarcgroup.com/premium-denim-jeans-market/requestsampleMarket Trends:Rapid urbanization, in confluence with inflating disposable income, represents one of the significant factors bolstering the global premium denim jeans market growth.
According to the latest report by IMARC Group, titled “ “Workspace as a Service Market Share: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” The global Workspace as a Service market grew at a CAGR of around 12% during 2014-2019 and expects the market to continue its strong growth during the next five years.Workspace as a service (WaaS) is a type of virtual desktop that provides access to office applications and data to employees at any time regardless of their geographical location.
Employees can access WaaS platforms using various devices, such as desktop computers, laptops, tablets and smartphones.
These solutions include all the office-related facilities, like backup capabilities, productivity apps such as Office 365, and anti-virus and accounting software.
WaaS is the latest step in transforming office applications from on-premises (software, servers and workstations) to cloud-based as a service solution.
It is generally adopted by small businesses that cannot afford internal resources and infrastructure to handle IT services on their own.As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.Global Workspace as a Service Market Trends:In recent years, several organizations are adopting WaaS solutions as they offer various benefits, such as enhancing work-life balance, providing consistency of environment, and enabling employees to be more productive and capable of accessing critical applications and data.
They also reduce operating costs and eliminate IT hassles, including cloud storage, backup and offsite replication, dedicated business servers and 24/7 support.
According to IMARC Group’s latest report, titled “Prepaid Electricity Metering Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global prepaid electricity metering market exhibited strong growth during 2015-2020.
Looking forward, IMARC Group expects the market to grow at a CAGR of 8.1% during 2021-2026.As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic.
These observations will be integrated into the report.Request for a free sample copy of this report: https://www.imarcgroup.com/prepaid-electricity-metering-market/requestsamplePrepaid electricity metering is an electromechanical meter that enables the user to pay for electricity in advance.
The meter needs to be recharged before utilizing energy, allowing the consumer to get a set amount of energy.
It works on the line of mobile phone or DTH recharge service in which the electricity is automatically cut off once the energy is consumed.
Nowadays, prepaid electricity metering has gained traction as it offers enhanced security and control, providing the option to keep track of the electricity consumed.Market Trends and Drivers:The global prepaid electricity metering market is primarily driven by the growing need for efficient utilization of electricity.
The global thermal energy storage market is currently witnessing strong growth.
Looking forward, IMARC Group expects the market to register a CAGR of 9.5% during 2020-2025.
Thermal energy storage (TES) is a technology that assists in storing thermal energy using a heating or cooling storage medium.
It also aids in providing better reliability, reducing overall costs and minimizing carbon dioxide (CO2) emissions.
Owing to these advantages, TES is widely utilized in concentrating solar power (CSP) plants for generating electrical power.Request for a free sample copy of this report: https://www.imarcgroup.com/thermal-energy-storage-market/requestsampleThe growing consumption of electricity and the rising frequency of power cuts have escalated the need for continuous power supply across the globe.
This, along with the increasing demand for TES systems in heating, ventilation, and air conditioning (HVAC), is driving the TES market growth.
According to IMARC Group’s latest report, titled “E-Beam Wafer Inspection System Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the e-beam wafer inspection system to continue its moderate growth during the next five years.
It identifies the defects in wafers and scans small sections of a die to determine specific, hard-to-detect, systematic and random defects.
The technique is widely used in manufacturing compact gadgets, smartphones, laptops, and tablets.
E-beam wafer inspection system is also deployed in lithographic qualification, wafer dispositioning, and reticle quality optimization.Request Free Sample Report:https://www.imarcgroup.com/e-beam-wafer-inspection-system-market/requestsampleMarket TrendsThe expanding consumer electronics sector has led to the rising adoption of semiconductors in manufacturing specialized devices and consumer electronics, thereby augmenting the demand for e-beam wafer inspection system.
Additionally, the emergence of advanced automobile components, such as airbag controls, global positioning systems (GPS), anti-lock braking systems (ABS), and digital display devices, is also driving the market for the inspection system.
They also aid in upgrading automated driving and collision detection technologies, thereby positively influencing the market growth.
According to the recent report by IMARC Group, titled “Hormone Replacement Therapy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global hormone replacement therapy market size market reached a value of US$ 8.16 Billion in 2020.
It helps in balancing the estrogen or progesterone levels in women nearing menopause.
This therapy is available in different forms, including gels, implants, skin and mouth patches, and injections.
However, HRT may cause some side effects such as nausea, bloating, indigestion, headaches, and cramps.Get a sample copy of this Report: https://www.imarcgroup.com/hormone-replacement-therapy-market/requestsample As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.Global Hormone Replacement Therapy Market Trends:One of the major growth-inducing factors of the market is the rising cases of hormonal imbalance disorders in the neonatal and geriatric populations around the globe.
Moreover, the increasing cases of hypogonadism due to poor health and obesity among the geriatric population have created a high demand for HRT in developed regions like North America.
A number of women are gaining awareness regarding HRT and its effective results, which has effectively increased its demand in most countries.
