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VR and AR gaming market: Maintaining a strong outlook

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VR adoption is accelerating thanks to the Oculus Quest. Though still small, VR is a growing and sustainable platform for developers. Four months after launch, Quest accounted for 20% of Oculus software sales; seven months after launch, Quest is now nearly 40%. What makes Oculus interesting is how much it has grown the market in the past year, if you look purely at software revenue. The top 20 grossing VR games across all the platforms, are all over $4 million in revenue, with the top seven clearing $10 million. A common factor is spotted within the list: natively-built VR titles clearly lead PC ports and IP-driven launches even when they’re as well known as Fallout or Skyrim. The first platinum-selling VR games Beat Saber and Job Simulator are perfect examples of this. In the top 20, there are quite a few exclusives which suggests that each platform has a big enough consumer base to support hit games and, much like on console, exclusive games are important for the ecosystem. The item pricing plans, marketing stations that were preferred, product portfolio of most players, and promote presence of each and every company is also shared in the listed articles.Additionally, the listed AR Gaming market report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2019 to 2029. Last but not least, the next frontier of gaming isn’t so much native 4K or even 8K support.

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Article Summary
VR adoption is accelerating thanks to the Oculus Quest. Though still small, VR is a growing and sustainable platform for developers. People tend to focus on headsets sales, which remains largely speculative as only Sony ever publicly discloses numbers. What makes Oculus interesting is how much it has grown the market in the past year, if you look purely at software revenue. Oculus hasn’t announced how many Quests are out there, but given that It’s probably a much smaller install base, It’s impressive to see it drive nearly $60 million in software revenue for 2019. Based on the data we’ve collected, these are the top 20 grossing VR games across all the platforms, all at over $4 million in revenue, with the top seven clearing $10 million: Look at a common factor in the winners: natively-built VR titles clearly lead PC ports and IP-driven launches even when they’re as well known as Fallout or Skyrim .
Article Summary
According to a report published by TMR market, the AR Gaming economy is expected to witness a CAGR growth of XX% within the forecast period (2019-2029) and reach at a value of ~US$ at the ending of 2029. This AR Gaming market report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2019 to 2029. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information.
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The next frontier of gaming isn’t so much native 4K or even 8K support. Panasonic , for example, showed off a pair of steampunk glasses, while a company called Nreal showed off AR glasses that plug into your phone for gaming support. That makes it theperfect gaming PC if we can even call it that now to sit alongside the TVin your lounge room.
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Augmented reality technology, applications and management tools may already be on the market, but experts said enterprise adoption will likely be gradual. J.P. Gownder, vice president and principal analyst at Forrester Research, said there are still technical and organizational challenges for IT administrators rolling out an augmented reality program in a sensible manner. "
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The Virtual Reality in Gaming Market report is a collection of pragmatic information, quantitative and qualitative estimation by industry experts, the contribution from industry connoisseurs and industry accomplices across the value chain. Get full access to this report at: https://www.marketinsightsreports.com/reports/07081350785/global-virtual-reality-in-gaming-market-size-status-and-forecast-2019-2025?source=broadcastoffer&Mode=12 The research includes historic data from 2014 to 2018 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.