India Mixed Reality Headset Market Size & Outlook
India mixed reality headset market, 2018-2030 (US$M)
Related Markets
India mixed reality headset market highlights
- The India mixed reality headset market generated a revenue of USD 75.8 million in 2023 and is expected to reach USD 585.6 million by 2030.
- The India market is expected to grow at a CAGR of 33.9% 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 75.8 million |
| Market revenue in 2030 | USD 585.6 million |
| Growth rate | 33.9% (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, India accounted for 2.1% 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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India 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 72.03% in 2023. Horizon Databook has segmented the India mixed reality headset market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Moreover, the rapid expansion of 5G networks across the country will also impel the demand for immersive technologies such as spatial computing in the coming years. Various market players are introducing various AR, VR, and mixed reality-based solutions.
For instance, in October 2023, Indian telecom company Reliance Jio launched JioGlass, a mixed reality headset that features immersive mode, virtual desktop monitor, and AR cast. It also comes with an intuitive control system that enables users to easily control brightness by swiping right and adjust volume by swiping left.
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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 India mixed reality headset market , including forecasts for subscribers. This country databook contains high-level insights into India mixed reality headset market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India mixed reality headset market size, by component, 2018-2030 (US$M)
India Mixed Reality Headset Market Outlook Share, 2023 & 2030 (US$M)
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