Albany, NY -- (SBWIRE) -- 11/04/2016 -- The global virtual reality market to grow at a CAGR of 96.09% over the period 2014-2019. Virtual reality is a technology that allows a user to interact with a three-dimensional, computer-simulated environment. The main type of equipment used in virtual reality are visual devices, using either a computer screen or special stereoscopic displays; however, there are devices such as head-mounted display that provide sound for a wholesome experience. It is used in a wide variety of applications ranging from healthcare, gaming devices, public entertainment, prototype creation to military exercises.

A virtual reality system can be classified into the following:
- Non-immersive virtual reality system
- Semi-immersive virtual reality system
- Immersive virtual reality system

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The report includes the present scenario and the growth prospects of global virtual reality market for the period 2015-2019. Technavio's report, Global Virtual reality Market 2015-2019, 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 in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors
- Avegant
- Beijing ANTVR Technology
- Criffin
- EON Reality
- Google
- HTC
- ImmersiON-VRelia
- Leap Motion
- Oculus VR
- Razer
- Samsung
- Shoogee (Durovis Dive)
- Sony
- Virtalis
- Virtual Realities
- Vrizzmo
- WorldViz

Key market driver
- Increased awareness
- For a full, detailed list, view our report

Key market challenge
- Concerns regarding criminal acts
- For a full, detailed list, view our report

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Key questions answered in the report include:
- What will the market size be in 2019 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

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