Technological advancements, growing awareness regarding the VR technologies, growing focus of the companies towards offering an immersive experience are some of the significant factors driving the growth of the virtual reality in the gaming market. However, the high costs of these accessories might hinder the growth of virtual reality in the gaming market. Companies operating in the market are significantly investing in R&D activities for the development of cutting edge solutions.
Virtual reality in gaming offers a real-time experience to the gamers by taking them into the screen. The companies offer various VR accessories such as headsets, suits, gloves, and gaming systems to improve the gamer's experience. The growing awareness of VR among people is one of the major factors supporting the growth of virtual reality in the gaming market. Some of the well-established companies hold a significant share of the market.
bHaptics, Inc., Facebook Technologies, LLC (Oculus), Google, HP Development Company, L.P., HTC Corporation, Nintendo Labo, SAMSUNG ELECTRONICS CO., LTD, Sony Corporation, TESLASUIT, Valve Corporation