NEW YORK: NEW YORK, Jan. 22, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global virtual reality (VR) market size is estimated to grow by USD 133.17 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 38% during the forecast period. Recent developments in virtual reality technologies is driving market growth, with a trend towards integration of AI and ML with virtual reality technology. However, high cost of hardware poses a challenge. Key market players include 3D Systems Corp., Acer Inc., Advanced Micro Devices Inc., Alphabet Inc., Apple Inc., Baidu Inc., DPVR, FOVE Inc., HTC Corp., Lenovo Group Ltd., Meta Platforms Inc., Microsoft Corp, Osso VR Inc., Pico Technology Ltd., Samsung Electronics Co. Ltd., Sony Group Corp., Unity Technologies Inc., Valve Corp., Varjo Technologies Oy, and Virtuix Inc..