4K VR Displays Market size is poised to cross USD 19 billion by the end of 2036, expanding around 34% CAGR during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of 4K VR displays was about USD 10 Billion. The major element to dominate this market expansion is the growing demand for video games. There were roughly 3 billion gamers in the world in the year 2023. Furthermore, globally, this number is projected to be 4 billion players in the year 2024. Hence, the demand for VR displays is also set to rise. Furthermore, a significantly higher resolution than what is currently available on upcoming head-mounted displays is required for the displays to provide a completely immersive virtual reality experience. Hence, gameplay in 4K resolution enables greater clarity. Both the feeling of control and immersion may increase as a result.
Additionally, it is anticipated that 4K VR devices are going to grow more affordable and available to a wider variety of users as technology progresses and manufacturing increases. The broad adoption of VR technology across a range of applications and sectors will probably be fueled by this cost decrease.
Author Credits: Abhishek Verma
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