Increasing the investment of major players in the virtual reality is the driving factor for the growth of the global virtual reality market. The growing use of head-mounted displays in the gaming and entertainment sector boost the growth of the market. On the other hand, concerns related to health due to the lack of movement and low resolution may hamper the growth of the global virtual reality market. High cost associated with virtual reality devices. Moreover, increasing adoption of the HMDs in Aerospace & Defence and Healthcare may create an opportunity for the growth of the global virtual reality market.