VR Content Creation Market By Component (Software, Services), By Content Type (Games, Videos, Images), By Application (Healthcare, Aerospace & Defense, Media & Entertainment, Gaming, Automotive, Others) - Growth, Future Prospects, And Competitive Analysis, 2019 - 2027
Key Market Insights
"Growing popularity of 5G & IoT technology will spur the market growth"
The global VR content creation market is growing competently and accounted for US$ 365.0 Mn in 2018 at a CAGR of 67.0% throughout the forecast period 2019 to 2027.
The virtual reality content creation is a software tool with an advanced version of content-based applications due to its wide scope of use among various end-users including media and entertainment, and gaming among others. The tools used for content creation are being broadly recognized as an open-source platform to create immersive experience content. These are user-friendly tools, which assist in developing content through 360-degree videos, images and games among others. Thereby, the rising adoption of virtual reality and its content creation tools is expected to bolster the VR content creation market growth significantly throughout the forecast period.
Content-Type Analysis
"Increased investment flows by major players will spur revenue growth during the forecast period"
The videos segment is the largest revenue contributing segment, with more than 1/3rd of the total market revenue generated worldwide and is expected to remain dominant. This is due to the increased usage of video in the gaming industry, the rise of 3D market, and it acts as an efficient tool for marketing among others. Companies such as Qualcomm and Facebook among others are investing rigorously in this technology. For instance, Facebook acquired Oculus VR a startup which makes virtual reality video games in a US$ 2 Bn deal.
Regional Analysis
Increasing adoption of technologically advanced solutions, the growing emphasis on digitalization and artificial intelligence holds the U.S. in dominant position
In 2018, North America was the largest value contributing region in the VR content creation market accounting for more than 40% of the global revenue. North America expected to continue its supremacy during the forecast period trailed by Europe. Owing to the availability of state-of-the-art infrastructure, rapid adoption of VR content creation devices, and increased spending on IT among others. This, in turn, will spur the VR content creation market growth.
On the contrary, the Asia Pacific region is set to register maximum growth during the forecast period. This is due to increased investment flows, rising consumer spendings on VR and support from public sectors among others in the developing economies such as China and India. In addition, the penetration of VR content creation in gaming will further boost the VR content creation market growth.
"Increased research and development with strong product portfolio in the developed regions"
Top manufacturers are focusing on developing advanced products for application in various industries. The developers are forming new alliances & partnering up for new product development, and improved R&D. This, in turn, will increase the expansion of the VR content creation market in the emerging nations in the near future.
List of Companies Covered:
- Blippar
- 360 Labs
- Matterport
- Koncept VR
- SubVRsive
- Panedia Pty Ltd.
- WeMakeVR
- VIAR (Viar360)
- Pixvana Inc.
- Scapic.
Key Industry Development:
- In September 2018, Veer VR launched a free of cost web-based VR content creation tool. It is a coding-free user-interactive creation tool which will allow the users to create VR photos, and take 360-degree videos among others. The platform already has more than 30 Mn users from more than 150 countries.
Historical & Forecast Period
This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2017 to 2027, considering 2018 as the base year for the research. CAGR (Compounded Annual Growth Rate) for each segment and sub-segment is calculated for the forecast period from 2019 to 2027.
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2017-2027 |
| Base Year | 2018 |
| Forecast Period | 2019-2027 |
| Historical Year | 2017 |
| Unit | USD Million |
| Segmentation |
Component Segment (2017–2027; US$ Mn) |
|
Content Type Segment (2017–2027; US$ Mn) |
|
|
Application Segment (2017–2027; US$ Mn) |
|
|
Geography Segment (2017–2027; US$ Mn) |
Market Segmentation
The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints and opportunities that give a better market understanding of the overall spinal fusion market. Additionally, the global report also comprises a graphical representation of a competitive landscape based on their market initiatives and strategies, product portfolio and business strengths.
Key questions answered in this report
- The worldwide market value of the VR content creation market in 2017 and 2018
- Estimated forecast and market projections up to 2027
- Which is the largest regional market for VR content creation?
- Which segment has highest penetration of VR content creation solutions?
- Which are the key trends driving the global VR content creation market growth?
- Who are the leading developers in the VR content creation market worldwide?
- What are the key strategies adopted by the leading VR content creation developers?
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Component
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global VR Content Creation (VRCC) Market
2.2. Global VRCC Market, by Component, 2018 (US$ Bn)
2.3. Global VRCC Market, by Content Type, 2018 (US$ Bn)
2.4. Global VRCC Market, by Application, 2018 (US$ Bn)
2.5. Global VRCC Market, by Geography, 2018 (US$ Bn)
3. Market Dynamics
3.1. Introduction
3.1.1. Global VRCC Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players
4. Global VR Content Creation (VRCC) Market, by Component , 2017-2027 (US$ Bn)
4.1. Overview
4.2. Software
4.3. Services
5. Global VR Content Creation (VRCC) Market, by Content Type, 2017-2027 (US$ Bn)
5.1. Overview
5.2. Games
5.3. Videos
5.4. Images
6. Global VR Content Creation (VRCC) Market, by Application, 2017-2027 (US$ Bn)
6.1. Overview
6.2. Healthcare
6.3. Aerospace & Defense
6.4. Media & Entertainment
6.5. Gaming
6.6. Automotive
6.7. Others (E-commerce & Retail)
7. North America VR Content Creation (VRCC) Market Analysis, 2017-2027 (US$ Bn)
7.1. Overview
7.1.1. North America VRCC Market Value and Growth, 2017-2027, (US$ Bn)
7.2. North America VRCC Market Value, By Component, 2017-2027 (US$ Bn)
7.2.1. Market Analysis
7.3. North America VRCC Market Value, By Content Type, 2017-2027 (US$ Bn)
7.3.1. Market Analysis
7.4. North America VRCC Market Value, By Application, 2017-2027 (US$ Bn)
7.4.1. Market Analysis
7.5. North America VRCC Market Value, By Region/Country, 2017-2027 (US$ Bn)
7.5.1. Market Analysis
7.5.2. U.S.
7.5.3. Rest of North America
8. Europe VR Content Creation (VRCC) Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.1.1. Europe VRCC Market Value and Growth, 2017-2027, (US$ Bn)
8.2. Europe VRCC Market Value, By Component, 2017-2027 (US$ Bn)
8.2.1. Market Analysis
8.3. Europe VRCC Market Value, By Content Type, 2017-2027 (US$ Bn)
8.3.1. Market Analysis
8.4. Europe VRCC Market Value, By Application, 2017-2027 (US$ Bn)
8.4.1. Market Analysis
8.5. Europe VRCC Market Value, By Region/Country, 2017-2027 (US$ Bn)
8.5.1. Market Analysis
8.5.2. U.K.
8.5.3. Germany
8.5.4. France
8.5.5. Rest of Europe
9. Asia Pacific VR Content Creation (VRCC) Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.1.1. Asia Pacific VRCC Market Value and Growth, 2017-2027, (US$ Bn)
9.2. Asia Pacific VRCC Market Value, By Component, 2017-2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Asia Pacific VRCC Market Value, By Content Type, 2017-2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Asia Pacific VRCC Market Value, By Application, 2017-2027 (US$ Bn)
9.4.1. Market Analysis
9.5. Asia Pacific VRCC Market Value, By Region/Country, 2017-2027 (US$ Bn)
9.5.1. Market Analysis
9.5.2. Japan
9.5.3. China
9.5.4. India
9.5.5. Rest of Asia Pacific
10. Rest of the World VR Content Creation (VRCC) Market Analysis, 2017-2027 (US$ Bn)
10.1. Overview
10.1.1. Rest of the World VRCC Market Value and Growth, 2017-2027, (US$ Bn)
10.2. Rest of the World VRCC Market Value, By Component, 2017-2027 (US$ Bn)
10.2.1. Market Analysis
10.3. Rest of the World VRCC Market Value, By Content Type, 2017-2027 (US$ Bn)
10.3.1. Market Analysis
10.4. Rest of the World VRCC Market Value, By Application, 2017-2027 (US$ Bn)
10.4.1. Market Analysis
10.5. Rest of the World VRCC Market Value, By Region, 2017-2027 (US$ Bn)
10.5.1. Market Analysis
10.5.2. Middle East & Africa
10.5.3. Latin America
11. Company Profiles
11.1. Blippar
11.2. 360 Labs
11.3. Matterport
11.4. Koncept VR
11.5. SubVRsive
11.6. Panedia Pty Ltd.
11.7. WeMakeVR
11.8. VIAR (Viar360)
11.9. Pixvana Inc.
11.10. Scapic.
* Here we are using VRCC as a short form of VR Content Creation
TABLE 1 Market Snapshot: Global VR Content Creation (VRCC) Market
TABLE 2 Global VRCC Market, by Component, 2017–2027 (US$ Bn)
TABLE 3 Global VRCC Market, by Content Type, 2017–2027 (US$ Bn)
TABLE 4 Global VRCC Market, by Application, 2017–2027 (US$ Bn)
TABLE 5 Global VRCC Market, by Geography, 2017–2027 (US$ Bn)
TABLE 6 North America VRCC Market, by Component, 2017–2027 (US$ Bn
TABLE 7 North America VRCC Market, by Content Type, 2017–2027 (US$ Bn)
TABLE 8 North America VRCC Market, by Application, 2017–2027 (US$ Bn
TABLE 9 North America VRCC Market, by Country, 2017–2027 (US$ Bn)
TABLE 10 Europe VRCC Market, by Component, 2017–2027 (US$ Bn
TABLE 11 Europe VRCC Market, by Content Type, 2017–2027 (US$ Bn)
TABLE 12 Europe VRCC Market, by Application, 2017–2027 (US$ Bn)
TABLE 13 Europe VRCC Market, by Country, 2017–2027 (US$ Bn)
TABLE 14 Asia Pacific VRCC Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 15 Asia Pacific VRCC Market, by Component, 2017–2027 (US$ Bn
TABLE 16 Asia Pacific VRCC Market, by Content Type, 2017–2027 (US$ Bn)
TABLE 17 Asia Pacific VRCC Market, by Application, 2017–2027 (US$ Bn)
TABLE 18 Asia Pacific VRCC Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 19 RoW VRCC Market, by Component, 2017–2027 (US$ Bn
TABLE 20 RoW VRCC Market, by Content Type, 2017–2027 (US$ Bn)
TABLE 21 RoW VRCC Market, by Application, 2017–2027 (US$ Bn)
TABLE 22 RoW VRCC Market, by Country/Region, 2017–2027 (US$ Bn)
FIG. 1 Global VR Content Creation (VRCC) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global VRCC Market Segmentation
FIG. 4 Global VRCC Market, by Component, 2018 (US$ Bn)
FIG. 5 Global VRCC Market, by Content Type, 2018 (US$ Bn)
FIG. 6 Global VRCC Market, by Application, 2018 (US$ Bn)
FIG. 7 Global VRCC Market, by Geography, 2018 (US$ Bn)
FIG. 8 Attractive Investment Proposition, by Geography, 2018
FIG. 9 Global Market Positioning of Key VRCC Market Vendors, 2018
FIG. 10 Global VRCC Market, by Software, Value, 2017–2027 (US$ Bn)
FIG. 11 Global VRCC Market, by Services, Value, 2017–2027 (US$ Bn)
FIG. 12 Global VRCC Market, by Games, Value, 2017–2027 (US$ Bn)
FIG. 13 Global VRCC Market, by Videos, Value, 2017–2027 (US$ Bn)
FIG. 14 Global VRCC Market, by Images, Value, 2017–2027 (US$ Bn)
FIG. 15 Global VRCC Market, by healthcare, 2017–2027 (US$ Bn)
FIG. 16 Global VRCC Market, by Aerospace & Defense, Value, 2017–2027 (US$ Bn)
FIG. 17 Global VRCC Market, by Media & Entertainment, Value, 2017–2027 (US$ Bn
FIG. 18 Global VRCC Market, by Gaming, Value, 2017–2027 (US$ Bn
FIG. 19 Global VRCC Market, by Automotive, Value, 2017–2027 (US$ Bn)
FIG. 20 Global VRCC Market, by Others (E-commerce & Retail), Value, 2017–2027 (US$ Bn)
FIG. 21 U.S. VRCC Market, 2017–2027 (US$ Bn)
FIG. 22 Canada VRCC Market, 2017–2027 (US$ Bn)
FIG. 23 U.K. VRCC Market, 2017–2027 (US$ Bn)
FIG. 24 Germany VRCC Market, 2017–2027 (US$ Bn)
FIG. 25 France VRCC Market, 2017–2027 (US$ Bn)
FIG. 26 Italy VRCC Market, 2017–2027 (US$ Bn)
FIG. 27 Rest of Europe VRCC Market, 2017–2027 (US$ Bn)
FIG. 28 Japan VRCC Market, 2017–2027 (US$ Bn)
FIG. 29 China VRCC Market, 2017–2027 (US$ Bn)
FIG. 30 India VRCC Market, 2017–2027 (US$ Bn)
FIG. 31 Rest of Asia Pacific VRCC Market, 2017–2027 (US$ Bn)
FIG. 32 Middle East & Africa VRCC Market, 2017–2027 (US$ Bn)
FIG. 33 Latin America VRCC Market, 2017–2027 (US$ Bn)
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