4K VR Displays Industry - Regional Synopsis
North American Market Forecasts
North America industry is likely to dominate majority revenue share of 30% by 2037, The growth of the market is set to be influenced by growing video streamers. More than 39% of American users reported watching internet videos daily as of October 2022, with over 52% of users between the ages of 18 and 34 reporting such activity. Furthermore, virtual reality (VR) technologies have a thriving ecosystem in the US. There are numerous VR startups, content producers, and well-established businesses that create and market VR apps. Therefore, this factor is also projected to dominate the market growth.
APAC Market Analysis
The Asia Pacific 4K VR displays market is also predicted to have notable growth in the coming years. Among this region, China is expected to observe a significant rise. The Chinese government is investing in the VR space in an attempt to control the global 4K VR Displays market. For virtual reality technologies, the Chinese market is sizable and expanding quickly. Furthermore, this region also has a huge consumer base for electronic items which is further estimated to encourage the market growth.
