Virtual Reality Market in India (2018-2023)

The adoption of virtual reality (VR) in industries like automotive, medical, aerospace and defense, gaming, retail, education, and entertainment are being driven by its benefits in training, conferencing, and communication. In India, the rate of adoption of innovative VR applications such as a head-up display and head-mounted display is rising, leading to generation of considerable funding. In 2013, the Indian VR market generated funds worth INR 7.04 Bn, while in 2017 the market had generated funds worth INR 122.44 Bn, thus rising at a compound annual growth rate (CAGR) of 104.24% for that period.

Key growth drivers of the market:
o The Indian government has initiated several development programs, which are supporting the VR market. Also, organizations like IDG Ventures India (IDGVI) and Axilor Ventures are participating in the development of the VR market in India with the help of investments through Frontier Tech Innovators Program. As a result, various kinds of VR equipment have become easily accessible and affordable for Indians, thus driving the growth of the market.
o VR has recently found extensive usage in India in the fields of military, telecommunications, entertainment, and medicine for training, developing easy mobile application, designing games, and enabling easy surgery simulation, phobia treatment, and robotic surgery. Increasing use of VR applications in different industries is driving growth of the market across India.


Key deterrents to the growth of the market:
Although the Indian VR market operates with the help of several large, small, domestic and international enterprises, the technological infrastructure of the country lags behind that of the advanced economies like China, the United States of America (U.S.A), and Japan. Also, the Indian parents are often not ready to let their children use VR applications extensively through games, movies, or other forms of entertainment, or even education for they fear that it might develop addiction among kids. As a result, use of VR applications in India is limited to specific play stations at supermarkets, or in the form of headgears sold with smartphones.

Companies covered:

o IndiaNIC Infotech Limited
o Juego Studio Private Limited
o Meraki Virtual Reality Studio
o Merxius Software Private Limited
o Quy Technology Private Limited
o SmartVizx Private Limited
o Tata Elixsi
o Xenium Digital Private Limited
o Yudiz Solution Private Limited
o Zatun



Customizations available
With the given market data, we offer customizations according to specific needs. Write to us at [email protected], or connect with us here.



Chapter 1: Executive summary

Chapter 2: Socio-economic indicators

Chapter 3: Introduction
3.1. Virtual reality market - definition and structure

Chapter 4: Global virtual reality market
4.1. Market overview
4.2. Market size and growth forecast - value-wise (2017-2023e)
4.3. Country-wise virtual reality implementation (2018)
o China
o France
o USA
o UK
o Nordics (Sweden, Norway, Finland)
o Germany
4.4. Virtual reality deployment split (2018)
o Experimenters
o Implementers

Chapter 5: Virtual reality market in India
5.1. Market overview
5.2. Virtual reality market funding scenario (2013-2017)
5.3. Key trends of the market
5.5. Virtual reality market applications
o Automotive
o Medical
o Aerospace and defense
o Others
5.6. Virtual reality business hubs in India - city-wise concentration of start-ups (2017)

Chapter 6: Key growth drivers of the market

Chapter 7: Key deterrents to the growth of the market

Chapter 8: Competitive landscape
8.1. Porter's five forces analysis
8.2. IndiaNIC Infotech Limited
o Corporate information
o Business description
o Products and services
o Key people
o Financial snapshot (total income, net profit/loss)
o Key ratios
o Business segments, geographical segments

*Note: Similar information areas will be covered for the remaining competitors

8.3. Juego Studio Private Limited
8.4. Meraki Virtual Reality Studio
8.5. Merxius Software Private Limited
8.6. Quy Technology Private Limited
8.7. SmartVizx Private Limited
8.8. Tata Elixsi
8.9. Xenium Digital Private Limited
8.10. Yudiz Solution Private Limited
8.11. Zatun

Chapter 9: Recent developments

Appendix
1. Research methodology
2. About Research On Global Markets

Global Heavy Duty Conveyor Belts Market Research Report 2019-2023

Published Date : Jul 2019

Heavy Duty Conveyor Belts include Multiply Fabric Conveyer Belts, Steel Cord Conveyor Belts, Solid Woven Conveyor Belts and more. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Heavy Duty Conveyor Belts Report by Mate...

Global Choroidal Neovascularization Market Research Report 2019-2023

Published Date : Jul 2019

Neovascularization is the natural formation of new blood vessels, usually in the form of functional microvascular networks, capable of perfusion by red blood cells, that form to serve as collateral circulation in response to local poor perfusion or ischemia. In the context of China-US trade war and ...

Global Cupferron Market Research Report 2019-2023

Published Date : Jul 2019

Cupferron, the ammonium salt of N-nitroso-N-phenylhydroxylamine, is a common reagent for the complexation of metal ions. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Cupferron Report by Material, and Geography - Glo...

Global Cyclospora Diagnostic Testing Market Research Report 2019-2023

Published Date : Jul 2019

Cyclospora infection is diagnosed by examining stool specimens. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Cyclospora Diagnostic Testing Report by Material, and Geography - Global Forecast to 2023 is a professiona...

Global DNA Vaccines Market Research Report 2019-2023

Published Date : Jul 2019

DNA vaccination is a technique for protecting an animal against disease by injecting it with genetically engineered DNA so cells directly produce an antigen, resulting in a protective immunological response. In the context of China-US trade war and global economic volatility and uncertainty, it will...

Global Chemiluminiscence Imaging Market Research Report 2019-2023

Published Date : Jul 2019

Chemiluminescence is the most popular Western blot detection method because of its high level of sensitivity, and imaging systems geared toward use with the technique are available to further optimize speed, sensitivity, signal stability, and ease of use. In the context of China-US trade war and glo...

Global Cardiovascular Therapy Market Research Report 2019-2023

Published Date : Jul 2019

Cardiac Therapy is a effective, non-invasive treatment for Angina Symptoms of Chest Pain, Shortness of Breath & Fatigue. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Cardiovascular Therapy Report by Material, and Ge...

Global Connected Agriculture Market Research Report 2019-2023

Published Date : Jul 2019

Connected agriculture technology is the advanced version of information and mobile communication technology. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Connected Agriculture Report by Material, and Geography - Glo...

Global Corn Wet Milling Market Research Report 2019-2023

Published Date : Jul 2019

Corn wet milling and dry milling are the predominant methods of processing and each method produces distinct co-products. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Corn Wet Milling Report by Material, and Geograp...

Global Data Centre Cooling Solutions Market Research Report 2019-2023

Published Date : Jul 2019

The companies within Systemair develop and deliver reliable data centre cooling concepts. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Data Centre Cooling Solutions Report by Material, and Geography - Global Forecas...

 

Select License :

  • Single User : $950

Happy To Assist You

Assist you at Worldwide Market Reports

We will be happy to help you find what you need. Please call us or write to us:

Worldwide Market Reports Benefits

Custom Research Solution

Talk to our research consultant to design an exclusive report as per your research needs.

Customer Fulfilment

We aim to fulfil client's research demands with tailored research solutions.

Quick Turnaround Time Reports

We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

360-degree Approach

We cover each industry from supply and demand side with an aim to provide a most holistic research study.