Global Virtual Retinal Display Market to Grow at a CAGR of 3.64% During the Period 2016 - 2020; Finds New Report
Market Research Reports, Inc. has announced the addition of “Global Virtual Retinal Display Market 2016 - 2020” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 11/30/2016 --Report forecast the global virtual retinal display market to grow at a CAGR of 3.64% during the period 2016-2020.
VRD, also called as retinal scan display (RSD), is a display technology that uses power laser beam as a light source, which is projected onto the retina of the user. The VRD scans the images on the retina of the user to display images in real-time.
The report covers the present scenario and the growth prospects of the global virtual retinal display market for 2016-2020. To calculate the market size, the report considers the revenue generated from the shipment of VRD devices for VR and augmented reality (AR) applications.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, presence of wide range of application areas of AR and VR such as marketing and advertising, tourism, gaming, sports, and entertainment, healthcare, education and training, e-commerce, real estate, and military to drive growth in the global virtual retinal display market.
Further, the report states that the awareness of and knowledge about VRD is limited to a small customer base, as Avegant Glyph is the only product that has been commercialized yet. VRD will take a lot of time to gain attention among VR and AR device manufacturers. Also, it is priced high when compared to other VR devices, which again will hinder its adoption and popularity.
Global Virtual Retinal Display Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global virtual retinal display market: Avegant and MicroVision.
Market driver
- Advantages over other display technologies
- For a full, detailed list, view our report
Market challenge
- Lack of awareness of VRD
- For a full, detailed list, view our report
Market trend
- Increase in crowdfunding
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 57 pages and 25 Exhibits "Global Virtual Retinal Display Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, VR, AR, and VRD, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Will VRD be useful?, Appendix.
For more information Visit at: http://www.marketresearchreports.com/technavio/global-virtual-retinal-display-market-2016-2020
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