Market Share of VR in Gaming Industry
Virtual reality in gaming is a consolidated market, owing to the presence of many large players. The market is consolidated with the key players adopting strategies, such as product innovation, to stay ahead of the competition. Some of the players in the market are Oculus VR (Facebook Technologies LLC), HTC Vive, Nintendo Co Limited, and Microsoft Corporation.
In January 2022, Nintendo announced that the company would release its Switch OLED model in mainland China. The Switch OLED launched internationally in 2021, and now the company plans to launch it in China.
Virtual Reality in Gaming Market Leaders
-
Oculus VR (Facebook Technologies LLC)
-
HTC Vive
-
Nintendo Co Limited
-
Microsoft Corporation
-
Valve Corporation
*Disclaimer: Major Players sorted in no particular order
