The semiconductor and wearable electronics market in North America has matured enough so that it can drive growth of the regional head-mounted display market. North American information technology, electronics, semiconductor, and automation companies are introducing innovative HMD technologies in order to maintain a competitive edge in the industry. Furthermore, some of the major players in the IT industry and social networking sites are focused on investing in head-mounted displays. For instance, in 2014, Facebook acquired Oculus VR to enter the consumer electronics segment.
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