North America Immersive Virtual Reality Market Size & Outlook

The immersive virtual reality market in North America is expected to reach a projected revenue of US$ 29,608.0 million by 2030. A compound annual growth rate of 24.7% is expected of North America immersive virtual reality market from 2025 to 2030.
Revenue, 2024 (US$M)
$7,863.7
Forecast, 2030 (US$M)
$29,608.0
CAGR, 2025 - 2030
24.7%
Report Coverage
North America

North America immersive virtual reality market, 2018-2030 (US$M)

North
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North America immersive virtual reality market highlights

  • The North America immersive virtual reality market generated a revenue of USD 6,673.4 million in 2023.
  • The market is expected to grow at a CAGR of 23.7% from 2024 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2023.
  • Hardware is the most lucrative component segment registering the fastest growth during the forecast period.


North America data book summary

Market revenue in 2023USD 6,673.4 million
Market revenue in 2030USD 29,519.5 million
Growth rate23.7% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentHardware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware


Other key industry trends

  • In terms of revenue, North America region accounted for 42.4% of the global immersive virtual reality market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Europe is the fastest growing regional market and is projected to reach USD 18,693.9 million by 2030.

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Immersive Virtual Reality Market Scope

Immersive virtual reality market segmentation & scope
Hardware
Software
Services
Technology
Non-Immersive
Semi & Fully Immersive
Device
Head Mounted Display
Gesture Tracking Device
Projectors & Display Wall
End Use
Aerospace & Defense
Manufacturing
Automotive
Education
Media & Entertainment
Gaming
Healthcare
Retail & E-commerce
Others
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
India
Japan
South Korea
Australia
Brazil
Saudi Arabia
South Africa
UAE

Immersive Virtual Reality Market Companies

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