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The location-based virtual reality (VR) market will register a CAGR of almost 36% by 2023NEW YORK, May 20, 2019 /PRNewswire/ -- About this market A VR project is a combination of several different components. Hence, there are several cost factors to be considered while developing VR content. They include the costs incurred during the creation and distribution of VR content and the cost of hardware and software. The high pricing of content development will hinder the growth of the global location-based VR market as the high content prices can lead to high ticket prices for consumers availing location-based VR services. For the detailed list of factors that will drive and challenge the growth of the location-based virtual reality (VR) market during the 2019-2023, view our report. Competitive Landscape The market appears to be fragmented and with the presence of several companies including The VOID LLC and VRstudios the competitive environment is quite intense. Factors such as the increase in the implementation of VR technology and growing investments in VR technology, will provide considerable growth opportunities to location-based virtual reality (VR) manufactures. Exit Reality, HTC Corp., IMAX Corp., The VOID LLC, and VRstudios Inc are some of the major companies covered in this report. Download the full report: https://www.reportbuyer.com/product/5777299/?utm_source=PRN About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/the-location-based-virtual-reality-vr-market-will-register-a-cagr-of-almost-36-by-2023-300853414.html SOURCE ReportBuyer |