Head Mounted Display Market Size & Value Forecast with Trends to 2030


The Global Convenience Food Market size was valued at around USD 528 billion in 2023 and is expected to reach around USD 852.6 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.45% during the forecast period, i.e. 2024-2030.

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Market Overview:

This report presents an extensive evaluation of the Head Mounted Display Market, focusing on historical data from 2019 to 2022 while offering detailed forecasts for the period between 2024 to 2030. The analysis encompasses various aspects, including market Size, Share, Growth, Analysis, Trends and competitive insights.

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Table of Contents (Head Mounted Display Market)

  1. Executive Summary
  2. Market Definition Research Methodology
  3. Market Dynamics: Drivers, Challenge, Trend and Opportunities
  4. Segment Analysis and Geographical Breakdown
  5. Competitive Landscape Strategic Initiatives
  6. Regulatory Environment Policy Factors
  7. Growth Forecast Model (2024–2030)
  8. Appendix: Company Profiles, Data Sources, Methodology

What’s covered in the report?

Global Head Mounted Display (HMD) Market Trend:

Evolution of Display Technology in Head-Mounted Displays: The display technologies for head mounted displays have been continuously evolving. The market has undergone a transition from LCD to LED, and further to OLED and OLED microdisplays. The new display technologies such as QD-OLED i.e. the conjunction of Quantum Dots and OLED displays provide improved brightness, advanced color contrast, and greater lifespan is also nearing the horizon. During 2021-24, the companies offering head mounted displays have moved toward OLED technology. OLED-based microdisplay have found applications across consumer and defense applications. Leading display manufacturers such as LG Display, Sony, and Samsung Display have been continuously working on innovation of displays for hmd displays offering advanced picture resolution. Sony has been at the forefront of offering micro OLED displays.

In 2024, Sony launched a spatial content creation system, which includes hmd display that had 4K OLED Microdisplays. The 4K OLED Microdisplay will provide high image quality to the users.  The company is also one of the preferred suppliers of micro OLED displays to Apple Vision pro head mounted display. With the commercialization of the products of Samsung Display and LG Display, Sony is expected to see the other two companies supplying micro OLED displays to Apple.  Also, OLEDWorks was offered a contract worth USD 9 million by the US Army to develop OLED microdisplays for consumer and military applications.

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Leading players of Head Mounted Display Market including:

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Head Mounted Display Market Segmentation:

By Type

  • Discrete
  • Slide-On
  • Integrated

By Technology

  • Augmented Reality (AR)
  • Virtual Reality (VR)
  • Mixed Reality (MR)

By Component

  • Hardware
    • Processor and Memory
    • Controller
    • Sensor
    • Camera
    • Display
    • Lens
    • Case and Connector
    • Battery
    • Others
  • Software
  • Services

By Product Type

  • Head Mounted
  • Eyewear

By Connectivity

  • Wired
  • Wireless

By End User

  • Consumers
    • Video Games
    • Life Events
    • Video Entertainment
  • Enterprises
    • Aerospace and Defense
    • Healthcare
    • Construction
    • Automotive
    • Energy
    • Retail
    • Education
    • Others

In 2024, the global head mounted display market was dominated by the consumer segment, grabbing a market share of over 50%.

By Region

  • North America
  • South America
  • Europe
  • The Middle East Africa
  • Asia-Pacific

In 2024, North America dominated the global head mounted display market with the market share exceeding 50%.

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Key Highlights of MarkNtel Advisors' Research Methodology

  • MarkNtel Advisors uses a robust methodology for accurate market analysis.
  • Research objectives are clearly defined with tailored methodologies for clients.
  • A representative sample is selected to ensure reliable data collection.
  • Data analysis includes cleaning, statistical evaluations, and validation checks.
  • Predictive modeling forecasts trends, and reports include strategic recommendations.

About MarkNtel Advisors:

We are a leading market research firm providing research, consulting, and data-driven intelligence to clients across diverse industries globally. Our reports are tailored to help businesses identify lucrative opportunities and mitigate potential risks using actionable insights.

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