TECH SUPPLIER Feb 2022 - Market Perspective - Doc # AP48731621
Asia/Pacific (Excluding Japan) Virtual Reality Gaming Market, 2021
This IDC Market Perspective provides an update on the Asia/Pacific excluding Japan (APEJ) virtual reality gaming market for 2021. This study addresses the current trends of virtual reality (VR) gaming in APEJ and provides a projection on the future trends of the virtual reality gaming market, in consideration of various assumptions.
"After being stagnant for quite some time, the virtual reality gaming market in APEJ is receiving a second wind thanks to an increase in VR hardware adoption, enrichment in content, and the recent hype on the metaverse concept. IDC expects that the VR gaming market in APEJ will grow exponentially due to the strong development in VR hardware and application in the PRC and the influence of the metaverse development globally," said Yexi Liao, IDC research analyst for Gaming and VR/AR.
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