UAE Immersive Technology Market Size & Outlook, 2024-2030
UAE immersive technology market, 2018-2030 (US$M)
Related Markets
UAE immersive technology market highlights
- The UAE immersive technology market generated a revenue of USD 178.9 million in 2023 and is expected to reach USD 958.8 million by 2030.
- The UAE market is expected to grow at a CAGR of 27.1% 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 178.9 million |
| Market revenue in 2030 | USD 958.8 million |
| Growth rate | 27.1% (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, UAE accounted for 0.5% 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 Middle East & Africa, South Africa immersive technology 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 1,504.4 million by 2030.
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Immersive Technology Market Scope
Immersive Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE 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 48.46% in 2024. Horizon Databook has segmented the UAE immersive technology market based on hardware, software/platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
. The country is heavily investing in smart city projects that incorporate augmented and virtual reality solutions to enhance urban living and tourism experiences. The UAE's vibrant entertainment sector, including theme parks and cultural attractions, increasingly utilizes immersive technologies to create engaging visitor experiences.
Furthermore, the growing adoption of VR and AR in education and training sectors is expected to bolster market growth as institutions leverage these technologies for enhanced learning outcomes.
Reasons to subscribe to UAE immersive technology market databook:
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Target buyers of UAE 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 UAE immersive technology market , including forecasts for subscribers. This country databook contains high-level insights into UAE immersive technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE immersive technology market size, by component, 2018-2030 (US$M)
UAE Immersive Technology Market Outlook Share, 2024 & 2030 (US$M)
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