Global Head-Mounted Display (HMD) Market Ecosystem By Connectivity; By Components; By Product Type; By HMD Type; By region; By Application (Consumer, Commercial, Medical, Education, Enterprise & Industry, Others); By Region and Forecast - 2027

A head-mounted display (HMD) is a display device used by putting it over the head as a helmet. It has a small screen display in front of each eye. It has a transparent display that effortlessly presents information directly in front of the user’s eyes without hindering the view of the outside world. The analysts at AllTheResearch forecasted the Global Head-Mounted Display (HMD) market to grow at a CAGR of 25.48% during the period 2018 to 2027.

The Head-Mounted Display (HMD) market ecosystem has been segmented into virtual reality (VR) and augmented reality (AR). The virtual reality (VR) technology holds the largest share of the Head-Mounted Display (HMD) market. An immersive experience has been created for users by VR headset manufacturers with products like Samsung Gear and Oculus Rift. The increasing number of players entering the Head-Mounted Display (HMD) market is making these products affordable, which is one of the major reasons for the wide adoption of VR headsets.

Augmented reality (AR) Head-Mounted Display (HMD) is likely to grow at the highest CAGR during the forecast period. The growing importance of AR Head-Mounted Display (HMD), also known as smart glasses, in industrial applications is expected to drive the market. AR headsets are used for training videos, pictured data, 3D gaming mode, etc. Moreover, they can be used for teaching complicated maintenance processes for factory equipment, covering animation-based instructions and reference materials directly onto the physical gear.

A display system is an important component in HMDs, which displays information in the user’s visibility area. The small display helps in showcasing the images of the virtual environment in front of the user’s eye. Displays of Head-Mounted Display (HMD) are small, but they have large memory size and can be easily viewed under optical augmentation. They have the capacity to display high-resolution images according to the application and have high video frame rate compatibility.

COVID-19 Impact Analysis & Opportunities in Head-Mounted Display (HMD) Market:

The outbreak of COVID-19 has bought along with a global recession, which has impacted several industries. Along with this impact, COVID Pandemic has also generated a few new business opportunities for the Head-Mounted Display (HMD) market ecosystem. The overall competitive landscape and market dynamics of Head-Mounted Display (HMD) has been disrupted due to this pandemic. All these disruptions and impacts have been analyzed quantifiably in this report, which is backed by market trends, events, and revenue shift analysis. COVID impact analysis also covers strategic adjustments for Tier 1, 2, and 3 players of the Head-Mounted Display (HMD) Market.

Ecosystem Snapshot: Global Head-Mounted Display (HMD) Market Overview

The Head-Mounted Display (HMD) market has two types of products, known as the head, mounted, and eyewear. The eyewear market is to grow at the highest CAGR between 2018 and 2023. The adoption of eyewear is rising, as it provides information about the surrounding without interrupting the wearer’s normal field of view. It also helps the user by displaying driving directions, e-mails, and other notifications. Recently, the display and eyewear of the smart wearable have become lighter in weight, flexible, and smart in appearance. These smart wearable display glasses have good configuration, which provides synchronization of HMD glasses with smartphones or Bluetooth devices.

HMDs account for over 60% of the global revenue share in 2018. Wearable eyeglasses are anticipated to witness significant growth during the forecast period and are projected to surpass helmet-mounted displays. Several developers and manufacturers such as Google, Epson, Vuzix, Sony, and Microsoft have aggressively brought various offerings to take advantage of the growth prospects in wearable glasses.

AR-VR: Segmentation of Global Head-Mounted Display (HMD) Market Ecosystem

Technology	Components	Connectivity	Product Type	Application	HMD Type
Augmented reality	Processor and memory	Wired	Head-mounted	Consumer	Slide-on HMD
Virtual reality	Controller	Wireless	Eyewear	Commercial	Discrete HMD
	Sensor			Enterprise & industry	Integrated HMD
	Camera			Engineering & design
	Display			Military, defence, and aerospace
	Lens			Medical
	Case and connector			Education
	Others			Others

Global Head-Mounted Display (HMD) Market Ecosystem

In 2018, the North America Head-Mounted Display (HMD) market contributed over 35% to global revenue and it is expected that North America will maintain a constant growth rate throughout the forecast period. Head-Mounted Display (HMD) in North America is mostly used in medical, defense, and safety services. In Europe, the head-mounted display industry is likely to grow at a significant CAGR because of innovations in display technologies.

The Asia Pacific will emerge as a productive region because of low production cost, low maintenance cost, and easy availability of cheap labor with ample capability in the field. APAC is expected to hold the largest share of the Head-Mounted Display (HMD) market during the forecast period. China, Japan, Australia, and India are increasing the adoption of AR and VR technologies, which is the major reason for the growth of the Head-Mounted Display (HMD) market in the APAC region. The fast-growing consumer electronics market in APAC is expected to create ample opportunities for Head-Mounted Display (HMD) in this region. The Chinese VR market has seen huge investments, partnerships, and new ventures, wherein both local and international players have the capabilities for low-cost and mass-scale manufacturing.

Market Statistics Glimpse: Global Head-Mounted Display (HMD) Ecosystem

There are many trends that are having an impact on the market forecast. These, when evaluated from a company’s perspective, can drive growth. Our numerous consulting projects have generated sizeable synergies across all regions and all sizes of companies.

The Major Players Operating in The Global Head-Mounted Display (HMD) Market Ecosystem are as Follows:

Company	Ecosystem Positioning	Total Revenue	Industry	Region
Samsung	Product Provider	~$208.5 billion	Electronic	Global
Sony	Product Provider	~$80 billion	Electronic	Global
Oculus VR	Product Provider	~ $3.6 billion	Electronic	Global
HTC	Product Provider	~$0.79 billion	Electronic	Global
Microsoft	Product Provider	~ $125.8 billion	Electronic	Global

Very few markets have the interconnectivity with other market's head-mounted display. Our interconnectivity module focuses on the key nodes of heterogeneous markets in detail. Data analytics, Cloud Logistics, Machine learning, and computer vision markets are some of our key researched markets.

Head-Mounted Display Market Ecosystem Major Interconnectivity

A Glance on Global Head-Mounted Display Ecosystem Trends:

Trends	Technology	Component	Connectivity	Product Type	Application	HMD Type	Impact
Increasing focus on larger field-of-view for HMD products will drive the camera market of AR-VR products		Camera					1.98%
The requirement for robust HMDs for the defense and industrial sector will drive the demand for metals in the material part of AR-VR market			Wireless		Military, defense, and aerospace		1.56%
HMDs and Smart Glass will dominate the market for AR-VR for the healthcare end-use industry					Healthcare	Slide-on HMD	0.66%

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