The solution of Virtual Reality Services for future

Virtual reality provides an immersive 3D visual experience to the users. It creates a virtual environment with the help of high-performance PCs and other equipment, such as headsets and gloves. The primary factors that drive the market are the growing media and entertainment sector, huge investment in virtual reality services, developments of technology, and rising digitization. Further, APAC is dominating the growth of the market owing to technological advancements in various APAC countries and huge investments by the government.

The huge investments in virtual reality are driving the growth of the virtual reality services market. However, the high service cost may restrain the growth of the virtual reality services market. Furthermore, the growing use of virtual reality services in aerospace and defense for training and simulation is anticipated to witness massive demand during the forecast period.

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Key companies

Chetu Inc., Credencys Solutions Inc, ETHOSH, GRAMERCY TECH, HQSoftware, MAP Systems, Program-Ace, QUYTECH, The Intellify, Zco Corporation

The global virtual reality services market is segmented on the basis of service and end user. On the basis of service, the market is segmented up to consulting and training, implementation and integration, and operation and maintenance. On the basis of end user, the market is segmented as consumer, healthcare, aerospace and defense, automotive, education, and others.