Virtual Reality VR Gaming Market Size, Trends, Forecast 2022-2027



Some offer room-scale VR capabilities while others are designed to be used in a seated or stationary position. In addition to entertainment, VR games can be used for various types of training and for virtual reality therapy. In its current meaning, "virtual reality" generally has been taken to creating immersion and presence with the player by creating a new visual stimulus that obscures to real world view. This definition distinguishes VR from augmented reality where additional visual information is added atop the real world view.

September 2020 – Microsoft Corporation acquired media and gaming organization ZeniMax Media to accelerate Microsoft gaming business growth. As the gaming industry is growing, the company aims to create and empower new technology in the industry. SEGA announced that they were working on the SEGA VR headset which would be available for the general public to purchase. This headset was meant to be used for arcade games and the Mega Drive console. It had a visor-like look due to the influence of popular films, such as, RoboCop. LCD displays were placed in the visor, as well as stereo headphones and sensors for tracking head movement.

The Guardian’s offering, Underworld, explores London’s subterranean web of Victorian sewers and lost waterways in the shoes of an urban explorer. The third big gun in the VR race is Sony’s PlayStation VR headset, which launched in October 2016 as an accessory for the PlayStation 4 games console. Both the PlayStation 4 and new PlayStation 4 Pro are compatible with the headsets, but the pro will run VR games at higher screen resolutions and frame rates. Ntil recently, virtual reality had been something of a fantasy for storytellers and technologists. As long ago as 1935, American VR science fiction writer Stanley G Weinbaum described something like virtual reality in a short story called Pygmalion’s Spectacles.

The VR gaming space is increasing the business value with the help of this new disruptive technology. Moreover, the awareness of VR is steadily growing among users or players. After the release of the VR headset on the market, a massive change and revolution started in the gaming industry. Using a VR headset like Oculus Rift people are excited to experience the 3D creatures in the computer-generated virtual environment. Similarly, the strict country lockdown and social distancing norms across the globe boosted the adoption of virtual reality gaming as a potential indoor engaging activity.

The violent and illegal game content might addict the gamer to committing the crime in real life. The growing immersive and interactive games are further expected to damage players’ wellbeing. VR game development has served significant markets throughout the world and still shows high growth possibilities. As virtual reality technology gained prominence, the use of VR devices like the Samsung Gear VR, Oculus VR, and HTC Vive, have also become popular. Equipped with tracking and sensory technologies and hand controllers, the virtual reality devices made playing games highly engaging and reciprocal.

VR gaming has been dreamed about almost as long as video games -- and especially 3D games -- have existed. Prior to the development of compact technology, VR gaming used projector rooms or multiple screens. VR gaming control may involve a standard keyboard and mouse, game controllers or motion capture methods. More complex VR rooms may include treadmill floors or similar methods to further the user’s sense of freedom of movement and feelings of immersion within the virtual environment. In other VR gaming setups, the user may be confined to a limited area surrounding a computer but have free range of motion within the area.

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