Global Immersive Technology Market Size & Outlook
Global immersive technology market, 2018-2030 (US$M)
Related Markets
Global immersive technology market highlights
- The global immersive technology market generated a revenue of USD 34,155.7 million in 2023 and is expected to reach USD 169,236.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 25.7% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 16,541.3 million in 2023.
- Software/Platform is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 34,155.7 million |
| Market revenue in 2030 | USD 169,236.3 million |
| Growth rate | 25.7% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software/Platform |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software/Platform, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 42.4% of the global immersive technology market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 47,489.1 million by 2030.
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Immersive Technology Market Scope
Immersive Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global immersive technology 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 technology market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 48.43% in 2024. Horizon Databook has segmented the Global immersive technology market based on hardware, software/platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Immersive Technology Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- HMD
- GTD
- PDW
- Software/Platform
- Services
- Professional Services
- Managed Services
- Hardware
- Global Immersive Technology Technology Type Outlook (Revenue, USD Million, 2018-2030)
- Virtual Reality (VR)
- Augmented Reality (AR)
- Mixed Reality (MR)
- Others
- Global Immersive Technology Application Outlook (Revenue, USD Million, 2018-2030)
- Training & Learning
- Emergency Services
- Product Development
- Sales & Marketing
- Others
- Global Immersive Technology Industry Outlook (Revenue, USD Million, 2018-2030)
- Aerospace & Defense
- Manufacturing
- Automotive
- Education
- Media & Entertainment
- Gaming
- Healthcare
- Retail & E-commerce
- Others
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Our clientele includes a mix of immersive technology market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global immersive technology market , including forecasts for subscribers. This global databook contains high-level insights into Global immersive technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global immersive technology market size, by regions, 2018-2030 (US$M)
Top 10 countries: Immersive technology market size, 2023 (US$M)
Global immersive technology market share, by component, 2023 & 2030 (%, US$M)
Immersive technology market: Opportunity assessment by country
Global immersive technology market, by region, 2024 (US$M)
| Component | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 8,271.9 | 9,479.5 | 9,868.2 | 11,023.4 | 12,516.0 | 14,496.9 | 17,086.6 | 20,465.1 | 24,918.0 | 30,839.1 | 38,827.1 | 49,802.4 | 64,943.9 | 24.9% |
| Europe | 3,856.9 | 4,532.7 | 4,838.9 | 5,543.6 | 6,455.5 | 7,669.2 | 9,272.0 | 11,392.2 | 14,230.4 | 18,069.9 | 23,344.5 | 30,728.7 | 41,127.2 | 28.2% |
| Asia Pacific | 4,836.2 | 5,677.2 | 6,054.3 | 6,928.6 | 8,060.0 | 9,565.6 | 11,553.3 | 14,181.3 | 17,697.5 | 22,451.5 | 28,978.7 | 38,111.0 | 50,963.0 | 28.1% |
| Latin America | 753.2 | 879.9 | 933.8 | 1,063.7 | 1,231.7 | 1,455.2 | 1,749.8 | 2,138.4 | 2,657.1 | 3,356.6 | 4,314.3 | 5,650.6 | 7,525.6 | 27.5% |
| MEA | 517.9 | 606.5 | 645.3 | 736.8 | 855.1 | 1,012.6 | 1,220.3 | 1,494.7 | 1,861.4 | 2,356.5 | 3,035.4 | 3,984.1 | 5,317.2 | 27.8% |
| Overall | 18,236.1 | 21,175.7 | 22,340.4 | 25,296.1 | 29,118.3 | 34,199.4 | 40,882.0 | 49,671.7 | 61,364.4 | 77,073.6 | 98,500.1 | 128,276.7 | 169,876.8 | 26.8% |
Related regional statistics
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