Canada Immersive Simulation Market Size & Outlook
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Canada immersive simulation market highlights
- The Canada immersive simulation market generated a revenue of USD 771.6 million in 2024 and is expected to reach USD 3,859.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 32.1% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2024.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Immersive simulation market data book summary
| Market revenue in 2024 | USD 771.6 million |
| Market revenue in 2030 | USD 3,859.8 million |
| Growth rate | 32.1% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, Canada accounted for 8.1% of the global immersive simulation market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. immersive simulation market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 765.0 million by 2030.
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Immersive Simulation Market Scope
Immersive Simulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Magic Leap, Inc. | View profile | - | - | - |
| Ultraleap | View profile | 101-250 | Bristol, Bristol, City of, United Kingdom, Europe | https://www.ultraleap.com |
| Autodesk Inc | View profile | 13700 | One Market Street, Suite 400, San Francisco, CA, United States, 94105 | https://www.autodesk.com |
| EON Reality | View profile | 101-250 | Irvine, California, United States, North America | http://www.eonreality.com |
| Lockheed Martin Corp | View profile | 122000 | 6801 Rockledge Drive, Bethesda, MD, United States, 20817 | https://www.lockheedmartin.com |
| Meta Platforms Inc Class A | View profile | 69329 | 1 Meta Way, Menlo Park, CA, United States, 94025 | https://about.meta.com |
| Siemens Healthineers AG ADR | View profile | 71400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | https://www.siemens-healthineers.com |
| NVIDIA Corp | View profile | 29600 | 2788 San Tomas Expressway, Santa Clara, CA, United States, 95051 | https://www.nvidia.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
Canada immersive simulation 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 simulation market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 59.45% in 2024. Horizon Databook has segmented the Canada immersive simulation market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Canada immersive simulation market databook
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Our clientele includes a mix of immersive simulation 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 Canada immersive simulation market , including forecasts for subscribers. This country databook contains high-level insights into Canada immersive simulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada Component - Immersive Simulation Market size, 2024 - 2030 (US$M)
Canada Immersive Simulation Market Outlook Share, 2024 & 2030 (US$M)
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