Canada Mixed Reality Headset Market Size & Outlook
Canada mixed reality headset market, 2018-2030 (US$M)
Related Markets
Canada mixed reality headset market highlights
- The Canada mixed reality headset market generated a revenue of USD 117.1 million in 2023 and is expected to reach USD 685.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 28.7% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Mixed reality headset market data book summary
| Market revenue in 2023 | USD 117.1 million |
| Market revenue in 2030 | USD 685.7 million |
| Growth rate | 28.7% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Acer Inc DR, Apple Inc, Asustek Computer Inc DR, Dell Technologies Inc Ordinary Shares - Class C, Hewlett Packard Enterprise Co, HTC Corp DR, Magic Leap, Meta Platforms Inc Class A, Microsoft Corp, Samsung Electronics Co Ltd, Vuzix Corp |
Other key industry trends
- In terms of revenue, Canada accounted for 3.2% of the global mixed reality headset market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. mixed reality headset market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 685.7 million by 2030.
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Mixed Reality Headset Market Scope
Mixed Reality Headset Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada mixed reality headset 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 mixed reality headset market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 72.33% in 2023. Horizon Databook has segmented the Canada mixed reality headset market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
In October 2023, OVA received a USD 545,000 contract to deliver immersive training solutions and enhance innovation within the business sectors of Canada.
As a part of this initiative, OVA will collaborate with Innovative Solutions Canada, wherein the government will work with innovators for testing, funding, and buying the innovations.
These favorable initiatives aimed at implementing immersive experiences across various industries will create ample growth opportunities for the market over the foreseeable future.
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Our clientele includes a mix of mixed reality headset 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 Canada mixed reality headset market , including forecasts for subscribers. This country databook contains high-level insights into Canada mixed reality headset market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada mixed reality headset market size, by component, 2018-2030 (US$M)
Canada Mixed Reality Headset Market Outlook Share, 2023 & 2030 (US$M)
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