VR or Virtual Reality is usually defined as the simulation generated by a computer whereby an individual can interact within the 3-dimensional artificial environment with the help of electronic devices including GTD or gesture-tracking devices and HMD or head-mounted devices. A highly immersive artificial world is given by VR that could appear quite real, using the latest AI technology. At present, the VR marketplace is not merely for the section of hardware that comprises of the high-tech PC, consoles, smart electronic devices, VR headsets, and smartphones. For remaining in the VR world, you require a 3D environment that is being generated by the particular software segment. We have been writing this article after ready the post shared by Insider Monkey on Yahoo. According to their post”
“In 2019, the global VR market was valued at $11.52 billion. The VR industry is projected to reach $87.97 billion by 2025 at a compound annual growth rate (CAGR) of 48.7%. North America is the biggest market for the virtual reality segment which accounted for 44.2% of the global market share as the region has the highest number of start-ups committed to bringing advanced VR technologies to different industries. Major factors driving VR market growth include the evolving demand for entertainment and medical services, technological advancements, and the increasing penetration of VRs in the consumer electronics industry.”
Let’s start our list of the 10 Largest VR Companies in accordance with the post shared by Insider Monkey in which they reviewed the 15 best VR companies. Our list starts with HTC Corporation which is engaged in designing, manufacturing, assembling and selling of virtual reality and smartphone devices in Taiwan and the rest of the world. The headquarter of the company is in Taiwan and there are more than 3,500 employees in the company. The Vive of HT is amongst the biggest VR headset manufacturers in the entire world. The headsets of the company give fantastic user experiences, from games including pool or ping pong to experience different categories with interesting features including 110 fields of view, high-definition graphics, HD haptic feedback, SteamVR tracking, and intuitive control.
The next company on the list is NVIDIA. The headquarter of the company is in Santa Clare, CA and there are 13,775 employees. This company is amongst the best manufacturing and designing companies for computer graphics processors, multimedia software. The visual computing leader, NVIDIA, is present at the forefront of the latest VR platform. From product design to gaming to film experience and others, NVIDIA is providing outstanding solutions for VR comprising industry-leading NVIDIA drivers, Turing GPUs, SDKs to fulfill the needs of developers, gamers, and professionals. There are other companies on the list that can be viewed and read directly in 15 Biggest VR Companies In The World.