3 Key Insights on $16 Bn Opportunity in Asia Pacific Virtual Reality Market REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Buy Now Driven By Advancements in Technology, the Growing use of VR in Healthcare, and a Surge in Online Education, the Virtual Reality Market in the Asia Pacific is Forecasted to Reach Around $16 Bn by 2030 says Ken Research Study. Undoubtedly, there is a growing prominence of Virtual Reality in various end-user industries/activities necessitated by multiple driving factors, including long-term objectives to enhance online education, and training opportunities in the healthcare and aerospace Industries. Geographically, among all the regions, Asia Pacific is found to be the largest market for Virtual Reality. According to Ken Research estimates, the Asia Pacific Virtual Reality Market – which grew from around US$2 Bn in 2019 to nearly US$4 Bn in 2022 – is expected to grow further into a nearly US$16 Bn opportunity by 2030. Enhancements Achieved in Immersive Quality and Visualization Standards Helped the APAC Virtual Reality Market to Grow in Key End-User Industries The Asia Pacific Virtual Reality Market witnessed growth during the forecasted period, primarily due to enhancements in its immersive quality and improved standards of visualization that helped key end-user industries such as Gaming and Entertainment, Education, etc. to launch innovative products and solutions. Although the COVID-19 lockdown caused disruptions in the supply chain in terms of irregular deliveries of devices, components, equipment, and other relevant hardware in the initial phase of the pandemic, the market has rebounded and is forecast to cross $16 Bn by 2030 from ~$4 Bn in 2022, witnessing a CAGR of ~20% during this period. Relatively Cheaper Availability of Internet Data in the Asia Pacific is Helping the VR Market to Grow in the Region An Immersive VR Experience with 360-degree video features requires a lot of internet data. VR head-mounted displays (HMD), gesture tracking devices (GTD), and projects and display walls (PDW) also consume internet data to run. For instance, HMD requires a minimum of 20 Mbps for streaming. For resolution comparable to HD TV, it requires an even higher bandwidth of 80-100 Mbps. However, if the user wants the best 360-degree video experience 600Mbps is essential. In the Asia Pacific, China is a major consumer of VR. India is also a large emerging market in the region. The price of internet data is significantly low in China and India as compared to the global market standards. It is helping these markets to adopt VR technology and solutions faster. Display Latency in Virtual Reality Hampers the Experience of the User Display Latency may be termed as the lag between when the signal is sent and when the signal is shown. It is the difference between the real-time and actual response time. A high value of display latency results in a delayed response of the VR system, resulting in a hampered experience for the user. Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDcx Latency in VR can be reduced by providing a high bandwidth network that may not be available in many countries. To have a proper VR experience and low latency, a user would require a bandwidth of 2.35 Gbps which could be a challenge in the Asia Pacific Virtual Reality market. For more information on the research report, refer to below link: Potential Investors in Virtual Reality Companies Read Also – 5 Key Insights on $50 Bn Opportunity in Global Printed Signage Market 3 Key Insights on Competitive Landscape in Global NaaS Market Follow Us – LinkedIn | Instagram | Facebook | Twitter | YouTube Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Tags: AMD Radeon Virtual Reality Market, APAC Virtual Reality Companies, Asia Pacific Augmented Reality Market, Asia Pacific Content Virtual Reality Market, Asia Pacific Fully Immersive VR Market, Asia Pacific Gesture Tracking Devices Market, Asia Pacific Google Cardboard VR Market, Asia Pacific Hardware Virtual Reality Market, Asia Pacific Head Mounted Displays Market, Asia Pacific HTC Corp VR Market Revenue, Asia Pacific Intel Optane Memory Market, Asia Pacific Meta Platforms VR Market, Asia Pacific Microsoft VR Market Share Asia Pacific NVIDIA VR Market Share, Asia Pacific Non Immersive VR Market, Asia Pacific Projectors and Display Walls Market, Asia Pacific Qualcomm Snapdragon XR Platform, Asia Pacific Qualcomm VR Market, Asia Pacific Samsung VR Market Analysis, Asia Pacific Semi Immersive VR Market, Asia Pacific Services Virtual Reality Market, Asia Pacific Software Virtual Reality Market, Asia Pacific Sony VR Market Growth Rate, Asia Pacific Virtual Reality Demand, Asia Pacific Virtual Reality Developers, Asia Pacific Virtual Reality Hardware Market, Asia Pacific Virtual Reality Industry, Asia Pacific Virtual Reality Market, Asia Pacific Virtual Reality Sector, Asia Pacific Virtual Reality Services Market, Asia Pacific Virtual Reality Software Market, Asia Pacific VR Access Platform Developers, Asia Pacific VR Content Creation Market, Asia Pacific VR Content Development Studios, Asia Pacific VR Industry, Asia Pacific VR Market, Asia Pacific VR Market End Users Industry, Asia Pacific VR Software Solutions Developers, Asia-Pacific VR in healthcare Market, Business Opportunities in Asia Pacific VR Market, China Virtual Reality Market, Competitors in Virtual Reality Market, India Virtual Reality Market, Investing in Asia Pacific VR Startups Industry, Investments in AR & VR Startups Companies, Japan Virtual Reality Market, Leading Players in Virtual Reality Market, Major Companies in Virtual Reality Market, Potential Investors in Virtual Reality Companies, Singapore Virtual Reality Market, South Korea Virtual Reality Market, Starting a virtual reality business, Taiwan Virtual Reality Market, Top Asian Virtual Reality-Augmented Reality Leaders, Top Companies in Virtual Reality Market, Venture Capital Firms Investing in VR Sector, Virtual Reality Industry Challenges, Virtual Reality Market, Virtual Reality Market Key Players, Virtual Reality Market Trends, VR Components Manufacturers in Asia Pacific, VR Services Providers in Asia Pacific