Spain Immersive Technology Market Size & Outlook
Spain immersive technology market, 2018-2030 (US$M)
Related Markets
Spain immersive technology market highlights
- The Spain immersive technology market generated a revenue of USD 368.3 million in 2023 and is expected to reach USD 2,130.6 million by 2030.
- The Spain market is expected to grow at a CAGR of 28.5% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software/Platform is the most lucrative component segment registering the fastest growth during the forecast period.
Immersive technology market data book summary
| Market revenue in 2023 | USD 368.3 million |
| Market revenue in 2030 | USD 2,130.6 million |
| Growth rate | 28.5% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software/Platform |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software/Platform, Services |
| Key market players worldwide | Barco NV, Alphabet Inc Class A, HTC Corp DR, International Business Machines Corp, Magic Leap, Meta Platforms Inc Class A, Microsoft Corp, Samsung Electronics Co Ltd, Sony Group Corp, Compass Inc Class A, EON Reality, Leap Motion |
Other key industry trends
- In terms of revenue, Spain accounted for 1.1% of the global immersive technology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK immersive technology market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 2,130.6 million by 2030.
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Immersive Technology Market Scope
Immersive Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain 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 48.25% in 2024. Horizon Databook has segmented the Spain immersive technology market based on hardware, software/platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
With a strong focus on enhancing visitor experiences at cultural sites and events through immersive storytelling techniques, Spain is leveraging its rich cultural assets to attract tourists. Furthermore, the increasing penetration of mobile devices and advancements in 5G technology are enabling more widespread use of immersive applications across various industries.
Spanish startups are also emerging as key players in developing localized content for AR & VR experiences, contributing to the overall growth of the market.
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Target buyers of Spain immersive technology market databook
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Our clientele includes a mix of immersive technology 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 Spain immersive technology market , including forecasts for subscribers. This country databook contains high-level insights into Spain immersive technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain immersive technology market size, by component, 2018-2030 (US$M)
Spain Immersive Technology Market Outlook Share, 2024 & 2030 (US$M)
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