Palm Oil Market Analysis Report Forecasts Revenue And Volume Growth At Global, Regional And Country Levels 2012-2022

In 2014, Global Palm Oil Market was valued at USD 61.09 billion. The market is poised for growth owing to the increasing demand from the various end-use industries. Government and other correlated organizations across many countries have taken measures to limit the trans-fat intake over the past few years. Protocols regarding increased utilization of palm oil in the form of biodiesel as well as fuel mixing with bio-based fuel has gained recognition in recent past.

Technologies and research & development initiatives to create viable means of production offer immense prospects for the industry participants. Meting out operations to deliver products with a high value offer huge opportunities for growth of global palm oil market over the forecast period.

Crude palm oil dominated the global palm oil market accounting for over 75% of the market in 2014. Growing application in surfactants, cosmetics, lubricants, edible oil and biodiesel was responsible for this high market share. Crude palm oil is also expected to experience the maximum growth rate, at a probable CAGR of 7.5% from 2015 to 2022. It is used extensively for the purpose of cooking. Crude palm oil has relatively lower prices as compared to its competitors which make it the best-chosen cooking oil, predominantly in South East Asia and West Africa.

Edible oil had the largest market share of over 65% in 2014. Rising health concern regarding high consumption of trans-fat has made consumers shift from vegetable oils and animal fats to edible oil which has relatively lower trans-fat content. Biodiesel is predicted to grow at a very high growth rate, at an expected CAGR of 8.8% from 2015 to 2022. Quick development of the global biofuel market with an aim of reducing dependence on conventional fuels is likely to drive the biodiesel demand.

Full Research Report on Global Palm oil Market Analysis: http://www.grandviewresearch.com/industry-analysis/palm-oil-market

Easy availability of significant raw materials along with the increased disposable income levels in India, South East Asia, and China is anticipated to benefit the overall Asia Pacific market over the forecast period. Asia Pacific ruled the market accounting for more than 60% of the market share in 2014.

India is accounted to be the major palm oil importers in the world. Central & South American market is anticipated to experience increased production capabilities. Companies have eyed these markets owing to their plentiful arable land and favorable climatic conditions.

Global palm oil market is integrated having few companies ruling the market and is characterized by increased threat of new market players. Key industry participants comprise of Wilmar International Ltd., ADM, London Sumatra, Sime Darby, Cargill Inc., Godrej Agrovet Ltd. and IOI Corp. These corporations have taken up measures to attain a competitive advantage and to diversify their product line.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/renewable-chemicals

Grand View Research has segmented the Global Palm Oil Market on the basis of product, application and region:

Global Palm Oil Derivatives Outlook (Volume, Million Tons; Revenue, USD Million, 2012 - 2022)

• Crude Palm Oil
• Palm Kernel Oil
• Palm Kernel Cake
• Others

Global Palm Oil Application Outlook (Volume, Million Tons; Revenue, USD Million, 2012 - 2022)

• Electrical & Electronics
• Automotive & Transportation
• Industrial Machinery
• Consumer Goods
• Construction
• Others

Global Palm Oil Regional Outlook (Volume, Million Tons; Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Middle East & Africa
• Central & South America

View Press Release this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-palm-oil-market                                 

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Application Delivery Controller (ADC) Market Analysis Report Provides Technology Trends, Regulatory Scenario And Expected Developments 2013-2024

Global ApplicationDelivery Controller (ADC) Market is expected to reach USD 4.34 billion by 2024, according to a new report by Grand View Research, Inc. The application delivery controller market is anticipated to witness a high growth over the forecast period. This may be accredited to the increasing globalization and distributed enterprise architecture, which requires networks that can deliver their business-critical applications faster, thereby ensuring security. The increase in the data center traffic and the growing ADC popularity, particularly in the consolidated data center segment, are expected to be the major factors spurring the ADC market growth over the forecast period.

The increasing adoption of the BYOD phenomenon has led to the widespread usage of tablets and smartphones particularly in large organizations as it significantly increases the scope and span of enterprises. This, in turn, has resulted in a rise in the ADC demand in order to balance and maintain the server load. In addition, emerging technologies, such as software-defined storage (SDS) and software-defined networking (SDN), are also anticipated to spur the ADC market growth over the coming years.

Full Research Report on Global Application Delivery Controller (ADC) Market Analysis: http://www.grandviewresearch.com/industry-analysis/application-delivery-controller-market

Further key findings from the report suggest:

• The virtual segment captured over 30% of the total revenue share in 2015 and is anticipated to exhibit growth exceeding 5.0% from 2016 to 2024. This can be attributed to the improved IT agility, performance, and cost benefits offered by them over the hardware-based ADCs as well as the increasing cloud-based data center traffic.
• The small & medium enterprise (SME) segment is expected to gain prominence over the forecast period exceeding a compound annual growth rate of 5% from 2016 to 2024. This is ascribed to the increasing adoption of web-enabled services and web-based apps for running their business as well as to the proliferation of internet-enabled devices.
• The IT & telecom segment accounted for a significant revenue share in 2015 capturing over 25% of the overall revenue share in the same year. The segment is expected to grow at a CAGR exceeding 5.5% from 2016 to 2024. This is majorly due to the integration of ADCs into enterprise IT systems to enhance efficiency.
• Asia Pacific is expected to emerge as the fastest growing segment accounting for more than 20% of the overall share in 2015. This growth is due to increasing investments in the IT infrastructure, primarily in China and India. Furthermore, the rising demand in this region can be ascribed to the high market penetration, owing to the webification of organizational applications along with the growing ADC application in server firewalls and network security systems.
• The key application delivery controller market purveyors comprise F5 Networks Inc., Citrix Systems, A10 Networks Inc., Array Networks, Inc., and Brocade Communications Systems, Inc. Companies, with their extensive distribution channels and worldwide presence, lay emphasis on adopting the best practices for developing solutions to achieve competitive advantage in this industry.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/network-security-software-and-services

Grand View Research has segmented the Global Application Delivery Controller Market on the basis of deployment, enterprise size, end-use, and region:

Application Delivery Controller Deployment Outlook (Revenue, USD Million; 2014 - 2024)

• Hardware-based ADCs
• Virtual ADCs

Application Delivery Controller Enterprise Size Outlook (Revenue, USD Million; 2014 - 2024)

• Small & Medium Enterprise
• Large Enterprise

Application Delivery Controller End-Use Outlook (Revenue, USD Million; 2014 - 2024)

• IT & Telecom
• BFSI
• Government
• Healthcare
• Retail
• Others

Application Delivery Controller Regional Outlook (Revenue, USD Million; 2014 - 2024)

• North America
• U.S.
• Canada
• Europe
• U.K
• Germany
• France
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• MEA
• Saudi Arabia
• UAE

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-application-delivery-controller-market                         

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Eyewear Market Study Report Provides An Analysis Of The Industry Trends In Each Of The Sub-Segments From 2014-2024

Global Eyewear Market size is expected to reach USD 184.03 billion by 2024, according to a new report by Grand View Research, Inc. The increase in aging population and growing acceptance of eyewear, backed by rising disposable incomes of people worldwide are expected to play an important role in market growth. Moreover, growing awareness regarding proper eye health among the consumers is projected to strengthen the growth prospects over the forecast period.

Vendors are increasingly adopting innovative distribution channels including strategies such as vertical integration for organizational growth. The internet retailing has gained increasing popularity amongst the consumers as it enables them to place online orders for eyewear at better prices as compared to the conventional brick and mortar stores.

The increasing awareness regarding refractive surgeries, such as PRK and LASIK that reduce or eliminate individual’s dependency on corrective eyeglasses is a major factor impeding the industry growth. Such procedures are being progressively made affordable for a large percentage of the population across the developing regions.

Full Research Report on Global Eyewear Market Analysis: http://www.grandviewresearch.com/industry-analysis/eyewear-industry

Further key findings from the report:

• Spectacles, which comprise frames and lenses, contributed to over 50% of the global eyewear market volume share in 2015 and are projected to witness stable growth owing to the high replacement rate of lenses and constantly changing prescriptions. Additionally, the introduction of progressive and high-index lenses has led to a surge in demand and is projected to continue over the next eight years.
• Contact lenses contributed to over 30% of the global market volume share in 2015 and are poised for steady growth throughout the next eight years on account of the high degree of awareness among users coupled with the growing demand for the cosmetic lenses among the younger population. Moreover, the introduction of innovative easy-to-wear, cosmetic, and daily disposable lenses has positively impacted the sales of such products.
• The European eyewear market was valued at close to USD 40 billion 2015 and is anticipated to witness steady growth throughout the forecast period.The presence of key eyeglasses vendors, such as Safilo Group S.p.A and Luxottica Group S.p.A in the region is anticipated to boost the regional eyeglasses sales volume in the coming years.The growth prospects for the Asia Pacific eyewear market seem very bullish owing to increase in purchasing power among consumers and wearer base expansion across the region.
• Market participants are emphasizing onsupply chain integration,product innovation, and mergers and acquisitions, to gain a foothold in the industry. Establishment of an effective distribution network is the key to achieving global market expansion. The key industry participants include Luxottica Group S.p.A, Safilo Group S.p.A, Fielmann AG, CooperVision Inc., and Bausch + Lomb Inc.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber

Grand View Research has segmented the global eyewear market on the basis of product and region:

Eyewear ProductOutlook (Volume, Million Units; Revenue, USD Million, 2014 - 2024)

·      Contact lenses

·      Spectacles

·      Spectacle frames

·      Spectacle lenses

·      Plano sunglasses

·      By product

§  Polarized

§  Non-polarized

·      By material,

§  CR-39

§  Polycarbonate

§  Polyurethane

§  Others

Eyewear Regional Outlook (Volume, Million Units; Revenue, USD Million, 2014 - 2024)

• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• Asia Pacific
• China
• Japan
• India
• South America
• Brazil
• MEA

View Press Release this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-eyewear-market                              

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Automotive Aftermarket Analysis by Replacement Part, Region And Segment Forecast Up To 2025

Global AutomotiveAftermarket is expected to reach USD 486.36 billion by 2025, according to a new report by Grand View Research, Inc. Digitalization of automotive repair & component sales complemented by advanced technology incorporations in the automobile aftermarket component manufacturing is expected to boost the market growth. The surging reception of semi-autonomous, electric vehicles, and hybrid & autonomous cars, in the years to come, is further expected to bolster the new component market growth. The market can be categorized, based on replacement parts, into tire, battery, brake parts, filters, body parts, lighting & electronic components, wheels, and exhaust components.

The increasing vehicle penetration is driven by the overall improvement of lifestyle in the developing countries, such as India and Brazil, and is expected to drive the growth of the automobile industry in the region. Similar surges in the automotive manufacturing sector across various regions along with the increasing stringent emissions norms are expected to drive the growth of automotive aftermarket component sales over the forecast period.

The Asia-Pacific regional market is expected to be the fastest growing market for automotive collision repair services over the forecast period, owing to its developing living standards and high vehicle production. It is also anticipated to be the fastest-growing market in automobile production. With the growing penetration and acceptance of gas and hybrid electric cars, specialized repair centers dedicated toward repair of particular vehicles are expected to increase.

The global automotive aftermarket is expected to witness tremendous growth due to an upsurge in the number of vehicle collisions along with the inclination of owners toward repair of their automobiles.

Full Research Report on Global Automotive Aftermarket:http://www.grandviewresearch.com/industry-analysis/aftermarket-automotive-parts-market

Further key findings from the report suggest:

• The automotive aftermarket is estimated to grow significantly over the forecast period, owing to an increase in the number of lightweight vehicles coupled with the increasing age of the light vehicle fleet
• North America has a higher technology adoption rate, which is anticipated to result in faster and higher adoption of hybrid electric automobiles in the region as compared to the other geographies
• The global automotive aftermarket is anticipated to witness a phase change attributable to the growing proportion of specialized automotive collision repair centers that are dedicated toward serving specific vehicles such as alternate fuel powered vehicles
• The key industry participants include Magneti Marelli S.p.A., Continental AG, 3M Company, Federal-Mogul Corporation, Delphi Automotive PLC, Robert Bosch GmbH, and Denso Corporation.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/automotive-and-transportation

Grand View Research has segmented the Global Automotive Aftermarket based on replacement part and region:

Automotive Aftermarket Replacement Part Outlook (Revenue, USD Billion, 2014 - 2025)

• Tire
• Battery
• Brake parts
• Filters
• Body parts
• Lighting & Electronic components
• Wheels
• Exhaust components
• Others

Automotive Aftermarket Regional Outlook (Revenue, USD Billion, 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Japan
• South America
• Brazil
• The Middle East & Africa

View Blog On this research report by Grand View Research: http://www.grandviewresearch.com/blog/automotive-aftermarket-industry-size-share                             

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Threat Intelligence Industry Outlook By Executive Summary, Market Variables, Trends And Scope 2014-2025

Global Threat Intelligence Market is anticipated to reach USD 12.6 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for threat intelligence is increasing owing to rise in cyber-crime, threat breaches and growing numbers of sophisticated attacks in leading security conscious sectors. Moreover, the breaches in most of the organizations have a financial or espionage motive which results in disruption of business and has become a major concern for them which is expected to contribute to demand of threat intelligence solutions and services immensely.

Threat intelligence incident forensics is expected to gain traction over the forecast period. The application of incident forensics initiates actionable security during breach through predictive and reactive analysis. Further, its application investigates the root causes of the breach and contains the damage of an attack. An organization lacking to incorporate advanced intelligence system might pose as a key determinant that significantly affects the mass adoption of incident forensics solution.

Organizations are preferring the use of cloud security as the cost incurred in the implementation of the on-premise solutions is high. The cloud-based security adoption is expected to increase in the near future owing to the growing adoption of cloud storage systems. The cloud-based deployment stops the unwanted traffic before it enters the network. Furthermore, it eliminates the requirement of on-premise equipment, which is expected to increase the demand for the product over the forecast period.

Full Research Report on Global Threat Intelligence Market Analysis: http://www.grandviewresearch.com/industry-analysis/threat-intelligence-market

Further key findings from the report suggest:

• The global threat intelligence market accounted for USD 3,028.9 million in 2016 and is expected to grow at a CAGR of 17.4% from 2017 to 2025
• The demand for incident forensics is estimated to reach USD 1,254.8 million by 2025 and is expected grow at a high rate over the forecast period.
• The cloud-based deployment in threat intelligence market is estimated to account USD 1,146.4 million in the year 2016.
• BFSI emerged as the largest application segment and is estimated to generate revenue over USD 3,282.0 million by 2025.
• Threat intelligence demand in manufacturing applications is anticipated to witness moderate growth over the forecast period.
• The Asia Pacific market is projected to witness substantial growth over the next decade owing to growing adoption of threat intelligence solutions on a large scale. The regional market is expected to grow at a CAGR of 21.1% from 2017 to 2025.
• Key players include IBM Corporation, Dell Inc., Symantec Corporation, Check Point Software Technologies Ltd., accounting for a majority share of the overall market in 2016.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/communication-services

Grand View Research has segmented the Global Threat Intelligence Market on the solution, services, deployment, application and region:

Solution Outlook (Revenue, USD Million, 2014 - 2025)

• Unified threat management
• SIEM
• IAM
• Incident Forensics
• Log Management
• Third Party risk management

Services Outlook (Revenue, USD Million, 2014 - 2025)

• Professional services
• Managed Service
• Subscription Services
• Training & Support

Deployment Outlook (Revenue, USD Million, 2014 - 2025)

• Cloud-based
• On-Premise

Application Outlook (Revenue, USD Million, 2014 - 2025)

• BFSI
• IT & Telecom
• Healthcare
• Retail
• Government & Defense
• Manufacturing
• Others

Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• MEA

View press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-threat-intelligence-market      

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Wearable Medical Device Market Is Segmented On The Basis Of Products And Region 2012-2022

Global Wearable Medical Device Market is expected to reach USD 27.8 billion by 2022, according to a new report by Grand View Research, Inc. Rising prevalence of conditions such as obesity and hypertension, as a result of sedentary lifestyle is anticipated to boost the demand for wearable medical devices. Moreover, increasing health awareness is further expected to augment the demand for these devices. 

Additionally, growing incidences of chronic conditions, such as diabetes, which require round-the-clock monitoring, are expected to increase the demand for wearable technology. Technological innovation is projected to be vital for growth of this industry over the forecast period. Smart watches, smart bands, and smart clothing are anticipated to be the key areas for development. Increasing penetration of smart cellular phones is expected to assist growth of this technology. However, patient privacy and security concerns along with complexity in engineering are expected to impede growth of the industry. 

Full Research Report on Global Wearable Medical Device Market Analysis: http://www.grandviewresearch.com/industry-analysis/wearable-medical-devices-market

Further key findings from the study suggest:

• Diagnostic wearable medical devices held substantial share in 2014 owing to increasing usage in remote patient monitoring as well as home healthcare
• Therapeutic wearable devices are anticipated to exhibit remunerative growth over the forecast period. Increasing penetration of products, such as insulin monitors, is assisting the growth of wearable equipment.
• Diagnostic devices such as vital sign monitors are expected to witness lucrative growth over the forecast period. Rising incidences of chronic diseases are expected to boost the demand for this equipment.
• Wearable medical devices have applications in sports & fitness monitoring, home healthcare, and remote patient monitoring. Home healthcare held significant shares of around 50.0% in 2014. Simplified usage of this equipment along with ability to synchronize with cellular phones as well as tablet devices assisted the growth of this segment.
• On the contrary, remote patient monitoring is projected to exhibit growth rate of over 25.00% in the next seven years. Increasing geriatric population base coupled with demand for continuous monitoring is expected to fuel the growth.
• Strap/clip/bracelet or watches held substantial shares of around 40.0% in 2014, and is expected to grow at a lucrative rate over the forecast period. Simplified engineering, aesthetically appealing products, and synchronization with mobile application are anticipated to drive this segment’s growth.
• North America dominated the overall market with approximately 40.0% of shares. This can be attributed to increasing per capita income as well as rising healthcare spending, and advanced healthcare infrastructure and presence of OEM in this region.
• Asia Pacific is projected to grow with a rapid rate of around 32.0% over the forecast period. Economic development coupled with improving healthcare systems is expected to help the industry grow in this region.
• Key companies of the wearable medical devices industry include Fitbit Inc., Garmin, Vital Connect, Omron Corp., Sotera Wireless, Jawbone, Pebble Technology Corp., Basis Science, Inc., Withings, Intelesens Ltd., Covidien Plc, LifeWatch AG, Polar Electro, Philips Electronics, and Everist Genomics 

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the Global Wearable Medical Device Market on the basis of products and region:

Global Wearable Medical Devices Product Outlook (USD million), 2012 - 2022

• Diagnostic devices

·         Vital sign monitors

§  Heart rate monitors

§  Activity monitors

§  Electrocardiographs

§  Pulse oximeters

§  Spirometers

§  Blood pressure monitors

§  Other devices

·         Sleep monitoring devices

§  Sleep trackers

§  Wrist actigraphs

§  Polysomnographs

§  Other devices

·         Electrocardiographs Fetal & Obstetric Devices

·         Neuromonitoring devices

§  Electroencephalographs (EEG)

§  Electromyographs (EMG)

§  Other devices

·         Therapeutic devices

·         Pain management device

§  Neurostimulation device

§  Other devices

·         Insulin monitoring device

§  Insulin pumps

§  Other devices

·         Rehabilitation device

§  Accelerometers

§  Sensing devices

§  Ultrasound platforms

§  Others

·         Respiratory therapy device

§  Ventilators

§  PAP

§  Portable oxygen concentrators

§  Other devices

Global Wearable Medical Devices Application Outlook (USD million), 2012 - 2022

• Sports & Faintness
• Remote Patient Monitoring
• Home healthcare

Global Wearable Medical Devices Site Outlook (USD million), 2012 - 2022

• Handheld
• Headband
• Strap, clip, bracelet and watches
• Shoe sensors
• Others

Wearable Medical Devices Region Outlook (USD million), 2012 – 2020

• North America
• U.S.
• Mexico

• Europe
• UK
• Germany
• France
• Asia Pacific
• Japan
• China
• India
• Latin America
• Brazil
• Mexico
• MEA
• South Africa
• Saudi Arabia

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-wearable-medical-device-market                     

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

VR Market Qualitative Analysis By Industry Overview, Trends, Market Drivers And Restraints 2014-2025

Global Virtual Reality (VR)Market is expected to reach USD 48.5 billion by 2025, according to a new report conducted by Grand View Research, Inc. VR technology based Gesture Tracking Devices (GTD) devices find commercial applications in high-performance computers and VR gaming applications. The VR Head Mount Devices (HMD) technology offers a cost-effective and reliable solution to experience immersive virtual experience by means of a smartphone. The consumer electronics application segment would dominate the sector in terms of market size over the forecast period. The growing adoption of medical and consumer electronics based VR applications is anticipated to revolutionize the market by 2025.

Non-mobile VR headsets have their own integrated screens, for example, Oculus Rift, whereas mobile VR headsets use smartphones as the screen, for example, Google Cardboard. Numerous large corporations, such as HTC Corporation and Sony Corporation, are venturing into space. The introduction of commercial VR headsets is expected to accelerate market growth over the next two years.

The market can be categorized based on components into hardware and software verticals. The hardware segment dominated the virtual reality market in terms of the overall market share in 2016. The rising demand for smartphone devices is anticipated to complement the growing VR hardware device sales. The increasing penetration of devices, such as smartphones and tablets, is expected to drive the software segment over the forecast period. The increasing demand for VR applications in the gaming and entertainment segments is expected contribute to the market growth.

Full Research Report on Global Virtual Reality Market Analysis: http://www.grandviewresearch.com/industry-analysis/virtual-reality-vr-market

Further key findings from the report suggest:

• The semi and fully immersive segment dominated the VR market in 2016 in terms of the overall market share. Immersive VR devices aid users to achieve maximum isolation from the real world dimension into the virtual world.
• The GTD VR hardware includes sensors, processors, and displays. Furthermore, several companies are working on enhancing the quality of sensors and processors used in VR devices.
• In the entertainment and healthcare segments, VR applications can save time and reduce operational costs.
• The North American region dominated the marketplace, accounting for the largest global market share (in terms of revenue) in 2016.
• The key industry participants include CyberGlove Systems LLC, Barco, Alphabet Inc., HTC Corporation, Oculus VR LLC, and Leap Motion, Inc.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/display-technologies

Grand View Research has segmented the Global Virtual Reality Market based on device, component, technology, application, and region:

VR Device Outlook (Revenue, USD Million; 2014 - 2025)

• Head-Mounted Display (HMD)
• Gesture Tracking Devices (GTD)
• Projectors & Display Walls (PDW)

VR Component Outlook (Revenue, USD Million; 2014 - 2025)

• Hardware
• Software

VR Technology Outlook (Revenue, USD Million; 2014 - 2025)

• Non-Immersive
• Semi & Fully Immersive

VR Application Outlook (Revenue, USD Million; 2014 - 2025)

• Aerospace & Defense
• Commercial
• Consumer Electronics
• Industrial
• Medical
• Other

VR Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• Japan
• India
• South America
• Brazil
• The Middle East & Africa (MEA)

View press release of this research report by Grand View Research:http://www.grandviewresearch.com/press-release/global-virtual-reality-vr-market        

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com