Saudi Arabia Mixed Reality Headset Market Size & Outlook
Saudi Arabia mixed reality headset market, 2018-2030 (US$M)
Related Markets
Saudi Arabia mixed reality headset market highlights
- The Saudi Arabia mixed reality headset market generated a revenue of USD 36.9 million in 2023 and is expected to reach USD 225.8 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 29.6% 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.
Mixed reality headset market data book summary
| Market revenue in 2023 | USD 36.9 million |
| Market revenue in 2030 | USD 225.8 million |
| Growth rate | 29.6% (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, Saudi Arabia accounted for 1.0% 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 Middle East & Africa, Saudi Arabia mixed reality headset market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 225.8 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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Saudi Arabia 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% in 2023. Horizon Databook has segmented the Saudi Arabia 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, increasing digital connectivity, economic diversification, and greater access to highspeed internet and mobile networks is creating a solid foundation for the adoption of mixed reality solutions.
The market growth is being further driven by the launch of innovative solutions by various major market players in the region. For instance, in May 2023, Microsoft announced the availability of HoloLens 2 its versatile mixed reality headset in Saudi Arabia, paving way for spatial computing for the country.
This initiative is aimed at introducing new ways to transform various industries, such as automotive, manufacturing, education, and healthcare across the country. Such developments will drive market growth over the coming years.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia mixed reality headset market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia mixed reality headset market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia mixed reality headset market size, by component, 2018-2030 (US$M)
Saudi Arabia Mixed Reality Headset Market Outlook Share, 2023 & 2030 (US$M)
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