The VR display screen market worldwide is expected to grow with a CAGR of 20% during the forecast period from 2019 to 2027. VR display screen market worldwide is observing a robust growth and driven by virtual reality market. Virtual reality is primarily used in entertainment for video gaming and 3D cinema. VR display offers a cost-effective tool to study and replicate interactions in a controlled environment. The VR screen displays that project information like images, videos and texts. Further, VR display screen gives a real-time experience to the users. Due to all these factors, we are expecting a huge growth in VR display screen market during the forecast period.
The global VR content creation market is growing competently, and accounted for US$ 365.0 Mn in 2018 at a CAGR of 67.0% throughout the forecast period 2019 to 2027. The virtual reality content creation is a software tool with an advanced version of content-based applications due to its wide scope of use among various end-users including media and entertainment, and gaming among others. The tools used for content creation are being broadly recognized as an open-source platform to create immersive experience content.
Globally, the voice biometrics market is expected to grow with a CAGR of 23.5% during the forecast period from 2019 to 2027. The market is driven by the rising need among the organizations to establish efficient and secure methods for data protection and safety. The organizations are swiftly shifting towards the digital business models, and embracing the enterprise mobility solutions and BYOD policies to improve operational efficiency. As a result, employees are using their personal devices to access sensitive business information. However, this could also make the organizations more vulnerable to the cyber-attacks due to lack of security measures.
The global voice assistant application market was valued at US$ 1.20 Bn in 2018 and is expected to witness significant growth, expanding at a CAGR of 18.5% during the forecast period from 2019 to 2027. Voice assistants are software programs that are liable for responding to the voice commands for performing wide range of tasks. Voice assistants come in small packages and are able to perform a variety of functions after hearing a wake command or word. These assistants can answer questions, turn on and off lights, place online orders, play music, etc. As voice assistants are becoming more robust, their utility in both business as well as personal realms is expected to grow in the years to come.
The vitamin D therapy market is set to reach US$ 4,721.9 Mn by 2027 from US$ 1,919.4 Mn in 2018 showcasing spectacular growth at a compounded annual growth rate (CAGR) of 10.6% during the forecast period from 2019 to 2027. As per the research findings of International Osteoporosis Foundation (IOF), one in three women and one in five men above the age of 50 years is prone to suffer with fracture during their lifetime. Malnourishment, increasing consumption of alcohol & tobacco and hormonal imbalance are causing bone and skin disorders associated with vitamin D deficiency.
The virtual private server market worldwide is expected to grow with a CAGR of 16% during the forecast period from 2019 to 2027, starting from US$ 2.0 Bn in 2018. VPS is also known as virtual dedicated servers act as virtual machines and the user is accountable for managing and monitoring the server. Increase in need among enterprises for a higher control over server rather than using shared servers is driving the need of VPS private servers.
Globally, the virtual PBX market is expected to grow with a CAGR of 15.1% during the forecast period from 2019 to 2027. The increasing demand for enterprise mobility solutions is driving the demand for virtual PBX market. As the adoption of the mobile devices among the enterprises is rising and employee started using their own devices to access organization data, organizations are looking for new ways to establish a well structured and maintained mobile infrastructure.
Globally, the virtual fitting room market is expected to grow with a CAGR of 20.5% during the forecast period from 2019 to 2027. The market is driven by the increasing focus of retailers on providing personalized shopping experience to the customers. As the competition among the online and offline retailer are increasing and business models are changing, the companies started to focus more on enhancing customer experience.
Globally, the video wall market is expected to grow with a CAGR of 19.8% during the forecast period from 2019 to 2027 and was accounted to have a market of US$ 4.20 billion in the year 2017. A video wall is defined as a sum of the various displays video screen, which might be LEDs or LCDs to form a single logical screen. These screens are used in various industries for advertising, event management, and others for displaying their content.
The global video streaming market was valued at US$ 38.11 Bn in 2018 and is projected to witness noteworthy growth, expanding at a CAGR of 17.7% during the forecast period from 2019 to 2027. Advancements in technology have made anything-anytime-anywhere a scalable and definite reality for content consumption. It has added an extra convenience to video consumption through live streaming or video on demand. Earlier, consumption of video content has been in the form of television and cinema. Videos were taken and transmitted in an analog form and consumption of the content was made convenient in physical form through a disc rental and delivery services through mail.
Globally, the video on-demand market is expected to grow with a CAGR of 9.2% during the forecast period from 2019 to 2027. The market is driven by the increasing adoption of the smartphones and internet across the globe. Over the past decade, the total number of smartphone users and internet users has increased significantly. In 2018, the total number of the smartphone users and internet users were estimated to be approximately 3.3 billion and 3.9 billion respectively, and the number is further estimated to increase during the forward period.
Globally, the vibrating screen market is expected to grow with a CAGR of 8.2% during the forecast period from 2019 to 2027, starting from 2018. However, the market is expected to reach a market value of US$ 2.25 Bn in 2027. The vibrating screen are defined as a device which is made with a screening surface vibrated mechanically at high speeds and which is used for screening coal, ore, or other fine dry materials including crops.
The global veterinary equipment and disposables market is growing productively, was valued at US$ 1,318.4 Mn in 2018 and expected to reach US$ 2,374.4 Mn by 2027. Increasing utilization of electric and manual tools for diagnosis & testing, surgical cases, injuries, reproduction and for ultrasound procedures or blood and fertility tests will drive the overall market growth. High-tech evolution in the diagnostic industry would drive market growth.
The vehicle cameras market worldwide is expected to grow with a CAGR of 10.30% during the forecast period from 2019 to 2027, starting from US$ 9.30 Bn in 2018. Vehicle cameras are useful in various instances such as to prevent theft, to avoid collisions, blind spot detection, driver monitor system and others. Every year nearly 1.25 Mn people die in road crashes, with additional 20-50 Mn being injured. These cameras are attached at different positions in the vehicle such as on the dashboard, front/rear bumper and on the windshield to give a 360-degree view of the vehicle’s surroundings.
The global vegan beauty product market garnered market share of US$ 1018.9 Mn in 2018 and projected to witness significant growth, growing with a CAGR of 5.5% across the forecast period from 2019 to 2027. Rising awareness about cruelty free beauty is increasing the demand of vegan beauty products across the globe. As a result, many companies are moving towards the production of vegan products.
The global varicose veins treatment devices market is increasing proficiently, expected to grow at a CAGR of 6.5%. Worldwide, the increasing burden of varicose veins along with improved therapeutic treatment options will drive the market growth. Around 40 million people in the U.S. suffer from varicose veins. Growing awareness about new sclerotherapy procedures, laser technology, and minimally invasive procedures to overcome the limitations by traditional procedures will increase the demand for advanced devices.
Globally, the valet robot market is expected to grow with a CAGR of more than 15% during the forecast period from 2019 to 2027. Globally, robots have been introduced to conduct various regular tasks such as security, cleaning and many more. As the demand for additional help increases, the adoption of robots in also increasing with time. Advancements with the help of artificial intelligence have made its easy to develop and modify machines in a way that is needed. In this case, machines a.k.a robots are used to perform the activity of valet parking in public areas. Increasing implementation of artificial intelligence in every step of life, valet parking is also witnessing the effect of automation and AI.
The global vagus nerve stimulator market is growing competently, expected to grow at a CAGR of 7.4%. Globally, increasing open and minimally invasive neurological surgeries along with VNS therapies has significantly increased the revenue of vagus nerve stimulator devices. Increasing population globally, costs of medical expenditure for stroke and dementia, burden of dyskinesia and neurological tremors and new technology expansion will enhance the growth of the global vagus nerve stimulator market.
User Activity Monitoring (UAM) accounted for the market value of US$ 1,363.3 Mn in 2018, and expected to grow with promising CAGR of 14.5% across the forecast period from 2019 to 2027. User Activity Monitoring tools enable organization to monitor and gather employee's real-time user actions as well as behavior data on business networks, connected devices, and other monitored workstations.
The USB type C market worldwide is expected to grow with a CAGR of 25.7% during the forecast period from 2019 to 2027, starting from US$ 380.0 Mn in 2018. USB Type-C connectors are designed to help manufacturers provide a sleek & slim design for mobile devices and enable robust enough connections for industrial applications. These connectors have reversible interface and can accept a plug from any direction. This offers easy and reliable connection to electronic appliances and devices. USB-C supports wide range of different protocols and is rearward compatible to HDMI, DisplayPort, VGA and various others with the help of adapters.