UAE Immersive Entertainment Market Size & Outlook
UAE immersive entertainment market, 2018-2030 (US$M)
Related Markets
UAE immersive entertainment market highlights
- The UAE immersive entertainment market generated a revenue of USD 330.7 million in 2023 and is expected to reach USD 1,575.8 million by 2030.
- The UAE market is expected to grow at a CAGR of 25% from 2024 to 2030.
- In terms of segment, virtual reality (vr) was the largest revenue generating technology type in 2023.
- Mixed Reality (MR) is the most lucrative technology type segment registering the fastest growth during the forecast period.
Immersive entertainment market data book summary
| Market revenue in 2023 | USD 330.7 million |
| Market revenue in 2030 | USD 1,575.8 million |
| Growth rate | 25% (CAGR from 2023 to 2030) |
| Largest segment | Virtual reality (vr) |
| Fastest growing segment | Mixed Reality (MR) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Virtual Reality (VR), Augmented Reality (AR), Mixed Reality (MR) |
| Key market players worldwide | Meta Platforms Inc Class A, Microsoft Corp, HTC, Barco NV, Magic Leap, Samsung Electronics Co Ltd, Apple Inc, Sony Group Corp ADR, Qualcomm Inc, Unity Software Inc Ordinary Shares |
Other key industry trends
- In terms of revenue, UAE accounted for 0.3% of the global immersive entertainment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa immersive entertainment market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2,472.5 million by 2030.
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Immersive Entertainment Market Scope
Immersive Entertainment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE immersive entertainment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to immersive entertainment market will help companies and investors design strategic landscapes.
Virtual reality (vr) was the largest segment with a revenue share of 46.05% in 2023. Horizon Databook has segmented the UAE immersive entertainment market based on virtual reality (vr), augmented reality (ar), mixed reality (mr) covering the revenue growth of each sub-segment from 2018 to 2030.
The country is actively diversifying its economy, focusing on technology and innovation along with collaboration with key market players. For instance, in June 2023, VUZ (360MEA FZE), a social app company, became the first immersive entertainment application of the newly released Apple Vision Pro.
The amalgamation of VUZ's advanced technology and Apple's Vision Pro ensures users encounter an unprecedented level of immersive realism, which is anticipated to fuel the immersive entertainment market growth in the coming years.
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Target buyers of UAE immersive entertainment market databook
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Our clientele includes a mix of immersive entertainment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE immersive entertainment market , including forecasts for subscribers. This country databook contains high-level insights into UAE immersive entertainment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE immersive entertainment market size, by technology type, 2018-2030 (US$M)
UAE Immersive Entertainment Market Outlook Share, 2023 & 2030 (US$M)
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