China Mixed Reality Headset Market Size & Outlook
China mixed reality headset market, 2018-2030 (US$M)
Related Markets
China mixed reality headset market highlights
- The China mixed reality headset market generated a revenue of USD 755.0 million in 2023 and is expected to reach USD 4,856.6 million by 2030.
- The China market is expected to grow at a CAGR of 30.5% 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 755.0 million |
| Market revenue in 2030 | USD 4,856.6 million |
| Growth rate | 30.5% (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, China accounted for 20.8% 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 Asia Pacific, China mixed reality headset market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 585.6 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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China 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 71.7% in 2023. Horizon Databook has segmented the China mixed reality headset market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The market growth is being further driven by the supportive government initiatives to implement immersive technologies across various industrial sectors.
For instance, in November 2022, the Chinese government released the Virtual Reality and Industry Application Integration Development Action Plan (2022-2026), which outlines its plans to achieve significant breakthroughs in key VR integration, 3D technologies, and immersive audio-visual technology by the end of 2026.
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Target buyers of China mixed reality headset market databook
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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 China mixed reality headset market , including forecasts for subscribers. This country databook contains high-level insights into China mixed reality headset market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China mixed reality headset market size, by component, 2018-2030 (US$M)
China Mixed Reality Headset Market Outlook Share, 2023 & 2030 (US$M)
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