Market revenue in 2023 | USD 11,226.7 million |
Market revenue in 2030 | USD 47,489.1 million |
Growth rate | 22.9% (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 |
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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 48.45% in 2024. Horizon Databook has segmented the U.S. immersive technology market based on hardware, software/platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
The integration of artificial intelligence (AI) with immersive technologies is enhancing personalization and interactivity, making applications more engaging across various sectors. The expansion of 5G networks is also pivotal, enabling faster data transfer and lower latency for mobile AR applications. Moreover, there is a notable increase in the use of VR for training and simulation in healthcare and education in U.S., as organizations seek innovative solutions to improve learning outcomes and operational efficiency.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. immersive technology market , including forecasts for subscribers. This country databook contains high-level insights into U.S. immersive technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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