Head Mounted Display (HMD) Market (Helmet Mounted, Wearable Glass) Worth $12.28 Billion by 2020 – New Report by MarketsandMarkets
(PRWEB) May 29, 2014 -- According to a new market research report "Head Mounted Display (HMD) Market by Products (Helmet Mounted, Wearable Glass), Components (Micro display, Camera, control unit, Tracker, Accessories), Applications (Defense, industrial, Video Gaming) & Geography - Global Analysis and Forecast to 2020", is expected to reach up to $12.28 Billion by 2020, at an estimated CAGR of 57% from 2014 to 2020.
Browse 65 market data tables and 113 figures spread through 300 pages and in-depth TOC on "Head Mounted Display (HMD) Market" - http://www.marketsandmarkets.com/Market-Reports/head-mounted-display-hmd-market-729.html.
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Global head mounted display market is a fast developing market, which includes two product segments, namely helmet mounted display and eyewear/wearable display.
HMD is known for its state-of-the-art display capabilities. Consumers/customers use HMD to experience the high quality display. On the other hand, HMD also provides additional facilities such as access to internet, smart phone access, GPS, navigation, and so on. The overall head mounted display market is segmented into four major areas, product, component, application, and geography. All the major areas are further segmented into sub segments - product is segmented into helmet mounted display and wearable glass, while components are segmented into micro display, camera, control unit, tracker, accessories, accessibility devices, and battery. Geography is segmented into Americas, Europe, APAC, and ROW. Applications are segmented into defense, industrial, video gaming, and so on. The global Head Mounted Display (HMD) Market is expected to reach up to $12.28 billion by 2020, at an estimated CAGR of 57% from 2014 to 2020.
The major driving factors for the global HMD system market are technological advancement, rise of video gaming industry, decreased cost of micro display, and government's interest in training of defense staff in simulators. In the report, different components are discussed such as Micro-Display, Camera, Combined Mirror, Control Unit, Helmet, Goggles, Head Tracker, Battery, Accessibility Device, Controller, Accessories and others.
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Geographical split for the Global Head Mounted Display (HMD) Market is included in the report. It presents the market share of different geographies of the global HMD market. This report divides the overall market on the basis of the four major geographical segments, namely Americas, Europe, APAC, and ROW. Americas is the market leader in the overall HMD market, followed by others like Europe and APAC.
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