Global MVNO market size worth $89.25 bn by 2022 Mobile Virtual Network Operator Market Share | Page 2
Asia Pacific 3D gaming console market share is estimated to exhibit substantial growth from
2016 to 2023. Emerging countries such as China, Korea and India are anticipated to be the
most attractive regions. Europe is predicted to be the largest regional industry and is likely to
continue its dominance over the next seven years. U.S. gaming console market is forecast to
witness considerable growth prospects over the timeframe. Escalating adoption of these
products across the region is expected to justify growth.
Major players accumulating significant share include Nintendo, Oculus VR, Microsoft,
Kaneva and Linden Lab. Other prominent industry participants include Avatar Reality,
Electronic Art, Apple, Sony and Activision Publishing.
Oculus VR, a subsidiary of Facebook, is intensely focusing on developing virtual reality
concept to offer a potential avenue for multidimensional gameplay. Growing mergers &
acquisition and industry partnership alliances are projected to drive growth over the next
seven years. For instance, Sony signed a collaborative agreement with Unity Technologies
and YoYo Games in order to extend the PlayStation game developers access to additional
game engine tools without paying any auxiliary prices. The company is also predicted to
launch Morpheus VR headset by October, 2016.
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