C&M: Global industry for head-mounted displays to be driven by increasing adoption of head-mounted displays in the Consumer Electronics sector
Global Head-mounted Displays Market 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-18 08:33:01
The Global Head-mounted Displays market is to grow at a CAGR of 68.2 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing adoption of head-mounted displays in the Consumer Electronics sector. The Global Head-mounted Displays market has also been witnessing the increasing number of augmented reality products. However, the high ownership cost of head-mounted displays could pose a challenge to the growth of this market.
Augmented reality refers to the virtual view of a physical environment, which is done by augmenting reality through computer-generated sensory inputs. These inputs, later fed into the computer, are in the form of sound, video, graphics, or GPS data (GPS data maps the real-world environment). Head-mounted displays, head-up displays, and Google glasses are some examples of augmented reality products. The increase in the number of augmented reality products is one of the major factors contributing to the growth of this market.
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