Middle East & Africa Mixed Reality Headset Market Size & Outlook
Middle East & Africa mixed reality headset market, 2018-2030 (US$M)
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MEA mixed reality headset market highlights
- The MEA mixed reality headset market generated a revenue of USD 160.8 million in 2023.
- The market is expected to grow at a CAGR of 30.6% 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, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 160.8 million |
| Market revenue in 2030 | USD 1,040.7 million |
| Growth rate | 30.6% (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, MEA region accounted for 4.4% 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.
Key Regions: U.S. , UK , Japan , Brazil , Saudi Arabia
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Mixed Reality Headset Market Scope
Mixed Reality Headset Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 72.26% in 2023. Horizon Databook has segmented the Middle East & Africa mixed reality headset market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The ongoing proliferation of smart consumer electronic solutions and technologically advanced gadgets is paving way for the regional market growth. Moreover, the increasing number of companies, institutions, government bodies, and agencies adopting immersive technologies is accelerating the market growth further.
For instance, in July 2022, The United Arab Emirates launched a large-scale metaverse strategy in Dubai with an aim to establish its position among extended reality (XR) economies.
The country intends to expand its research and development goals and attract global tech companies while building ecosystems for emerging technologies, such as virtual, augmented, mixed, and extended reality.
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Target buyers of Middle East & Africa 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 continent-level data and insights on the Middle East & Africa mixed reality headset market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa mixed reality headset market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA mixed reality headset market size, by country, 2018-2030 (US$M)
Middle East & Africa Mixed Reality Headset Market Outlook Share, 2023 & 2030 (US$M)
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