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Virtual Reality (VR) is computer generated simulation of a 3D image or environment that can be interacted with in a physical environment with aid of special electronic equipment which might include a head-mounted displays or gloves attached with sensors. VR requires presenting human senses with aid of computer generated virtual environment that is further explored in some fashion. VR technology has been into existence from past three decades and the developments in this technology have accelerated recently from last one decade. Considering the sales of VR headsets such as Google Cardboard, Gear V2 and others it is expected that early adopters will have more role to play for some more time.
Some of the important players in virtual reality market are Oculus VR LLC, Google, Inc., Microsoft Corporation, Vuzix Corporation, Marxent Labs, Worldviz, Magic Leap, Sony Corporation, Samsung, and HTC.