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Head Mounted Display (HMD) Market Share

Report ID: GMI7647
Published Date: Dec 2023
Report Format: PDF

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Head Mounted Display Market Share

Players operating in the market focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product development & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. Industry players also heavily invest in R&D to introduce innovative and technologically advanced solutions in the market.

Head Mounted Display Market Companies

Major players operating in the head mounted display industry are:

Sony Corporation
HTC
Samsung
Panasonic Holding Corporation
Lenovo
Varjo
Microsoft

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

Head mounted display industry was valued at over USD 18 billion in 2023 and is anticipated to grow at a CAGR of around 22% between 2024 & 2032, driven by their wider popularity among gaming enthusiasts and entertainment seekers.

The aerospace & defence segment accounted for a market share of over 25% in 2023 and is expected to grow at a lucrative pace through 2032, fuelled by the need of head mounted displays to enhance situational awareness, training, and mission effectiveness.

North America head mounted display (HMD) market held a revenue share of over 30% in 2023 and is expected to grow significantly through 2032, driven by technological advancements and increased product adoption in the gaming, healthcare, and defence sectors.

Sony Corporation, HTC, Samsung and Panasonic Holding Corporation are some of the major industry contenders.