Latin America Mixed Reality Headset Market Size & Outlook
Latin America mixed reality headset market, 2018-2030 (US$M)
Related Markets
Latin America mixed reality headset market highlights
- The Latin America mixed reality headset market generated a revenue of USD 198.1 million in 2023.
- The market is expected to grow at a CAGR of 30.8% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 198.1 million |
| Market revenue in 2030 | USD 1,300.8 million |
| Growth rate | 30.8% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 5.5% of the global mixed reality headset market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,010.4 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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Latin America 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 71.43% in 2023. Horizon Databook has segmented the Latin America mixed reality headset market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The growing proclivity for mixed reality solutions across various industries including e-commerce, gaming, healthcare, architecture, etc. is significantly contributing to the growth of the regional market. The market is expected to gain massive momentum due to the increasing usage of mixed reality across the retail sector to deliver enhanced and immersive customer experience.
For instance, in October 2022, Mexico launched a metaverse shopping mall, showcasing over 80 brands, including Pai Pai, Victoria’s Secret, and Momiji.
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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 continent-level data and insights on the Latin America mixed reality headset market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America mixed reality headset market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America mixed reality headset market size, by country, 2018-2030 (US$M)
Latin America Mixed Reality Headset Market Outlook Share, 2023 & 2030 (US$M)
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