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Location-based Virtual Reality (VR) Market Predictable to Witness Sustainable Evolution over 2027

The market mainly elaborates the definitions, classifications, market overview, and the industry chain analysis. The report also covers market size, share, trends, and growth analysis on the basis of different parameters. It profoundly displays the current market investigation situation and the upcoming situation in the coming years.


Key Drivers of the Location-based Virtual Reality (VR) Market:


The rising adoption of VR devices for entertainment and implementation of VR technology, which is used in VR devices such as motion controllers for gaming applications, is the major driver that is surging the growth of the global location-based virtual reality market. Moreover, the increasing adoption of virtual reality technology among users is projected to reduce the price of VR devices and components such as VR handset, camera, and joysticks, which in turn, will boost the market growth in the upcoming years.


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The increasing popularity of 360-degree content is further accelerating market growth. Rapid advancement and development in VR technology such as 3D, 4D, and 5D, followed by advancement in VR and 360-degree content, are further propelling the growth of the location-based Virtual Reality (VR) market size. Furthermore, the increasing high expending power, coupled with rising disposable income among users, is also encouraging the growth of the market. On the other hand, the high VR content development costs will restraint the growth of the global location-based virtual reality market.


Top list of key players in the Location-based Virtual Reality (VR) Market:



  • The VOID LLC

  • VRstudios, Inc.

  • IMAX Corporation

  • Exit Reality Corporation

  • Zero Latency Pty. Ltd.

  • SpaceVR

  • Survious, Inc.

  • SpringboardVR

  • Hologate

  • Sandbox VR, Inc.

  • Dreamscape Immersive


Segmentation of the Location-based Virtual Reality (VR) Market:


The report covers all the regions and countries of the world, which shows a regional development status, including the market size, volume, and value, as well as price data. Besides, the report also covers various segment data of the market.


Breakup by Type:



  • Hardware

    • Head-Mounted Display

    • Head-up Displays

    • Glasses

    • Sensor

    • Camera



  • Software


Breakup by Application:



  • VR Arcades

  • VR Theme Parks

  • VR Cinemas


Breakup by Region:



  • North America

    • United States of America

    • Canada



  • Asia Pacific

    • China

    • Japan

    • India

    • Rest of APAC



  • Europe

    • United Kingdom

    • Germany

    • France

    • Spain

    • Rest of Europe



  • RoW

    • Brazil

    • South Africa

    • Saudi Arabia

    • UAE

    • Rest of the world (remaining countries of the LAMEA region)




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About GMI Research:


GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.


Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.


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