Virtual Reality Cardboard Market 2015-2019 - Industry Analysis

Market outlook of the virtual reality cardboard market

Virtual reality (VR) cardboards include Google cardboards and other VR headsets that are based on the design specified by Google. A VR headset can be made up of cardboard, plastic, wood, or aluminium and requires the user to place a smart device in the headset to experience VR. The global market for VR cardboards is expected to post a profound market growth rate of approximately 152% by 2019. The recent increase in the number of apps being developed for VR headsets is expected to account for this market’s remarkable growth rate during the forecast period.

In this market study, Technavio’s market research analysts estimate factors like the low cost of VR headsets to drive market growth in the next five years. The assembly parts used to manufacture VR cardboards are cost effective and do not require heavy machinery or huge manufacturing plants to produce these VR cardboards. This low cost of VR cardboards is expected to foster its adoption during the forecast period.

Geographical segmentation of the VR cardboard market

• APAC
• EMEA
• Americas