The head mounted display market (HMD) will grow at a compound annual growth rate [CAGR} through 2019, according to ReportsnReports (www.reportsnreports.com).

Core virtual reality works well with the interactive world of games as currently no technology can give a fully immersive, 360 degree 3D experience, says the research group. Cost also has a considerable impact on the adoption of HMDs. Currently, the industrial sector is witnessing high adoption of these devices, but adoption among individual consumers is difficult unless low-cost micro displays are integrated in this technology to bring down their overall price, says ReportsnReports.

However, demand for Light-weight HMDs and need for enhanced safety and convenience are major head mounted display market growth drivers. Customization of HMDs and integration of HMDs in multiple tasks are market challenges while VR gaming and possibility of different human interfaces with AR are trends, says ReportsnReports.

The HMD industry is expected to reach up to $12.28 Billion by 2020, at an estimated CAGR of 57% from 2014 to 2020. The major driving factors for the global HMD system market are technological advancement, rise of video gaming industry, decreased cost of micro display, and government's interest in training of defense staff in simulators.