Every business in the world was hampered by the COVID-19 pandemic. General sales of VR gaming devices and gadgets suffered a significant decline during the early stages of the pandemic. The gaming industry's hardware production scale was severely harmed by the collapse of industrial divisions. Due to the lack of functionality, the investment picture and other commercial techniques were also placed on hold for the time being.
Nonetheless, the overall gaming industry is expected to grow at a significant CAGR over the projection period. The major figures revealed a significant increase in online game sales and playing time during and after the shutdown. For example, Verizon Communication US reported a 75 percent increase in gaming traffic during peak hours in March 2020.
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