Canada Virtual Reality Headset Market Size & Outlook
Canada virtual reality headset market, 2018-2030 (US$M)
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Canada virtual reality headset market highlights
- The Canada virtual reality headset market generated a revenue of USD 625.7 million in 2023 and is expected to reach USD 4,022.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 30.5% from 2024 to 2030.
- In terms of segment, high-end-device was the largest revenue generating end-device in 2023.
- Low-end Device is the most lucrative end-device segment registering the fastest growth during the forecast period.
Virtual reality headset market data book summary
| Market revenue in 2023 | USD 625.7 million |
| Market revenue in 2030 | USD 4,022.7 million |
| Growth rate | 30.5% (CAGR from 2023 to 2030) |
| Largest segment | High-end-device |
| Fastest growing segment | Low-end Device |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low-end Device, Mid-range device, High-End-device |
| Key market players worldwide | Carl Zeiss Meditec AG, Meta Platforms Inc Class A, Alphabet Inc Class C, LG Electronics Inc ADR, Microsoft Corp, HTC Corp DR, Temasek Holdings, Fove, HS Valve |
Other key industry trends
- In terms of revenue, Canada accounted for 6.8% of the global virtual reality headset market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. virtual reality headset market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 4,022.7 million by 2030.
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Virtual Reality Headset Market Scope
Virtual Reality Headset Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada virtual 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 virtual reality headset market will help companies and investors design strategic landscapes.
High-end-device was the largest segment with a revenue share of 55.11% in 2023. Horizon Databook has segmented the Canada virtual reality headset market based on low-end device, mid-range device, high-end-device covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is anticipated to be the highest growing region in North America with a CAGR of 30.5% over the forecast period. The growth is attributed to the constantly improving technology along with increasing number of 5G connections across the region.
Moreover, the availability of VR headsets has increased significantly in recent years, with more manufacturers producing high-quality headsets at affordable prices. This. In turn, is expected to fuel the regional growth further.
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Our clientele includes a mix of virtual 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 Canada virtual reality headset market , including forecasts for subscribers. This country databook contains high-level insights into Canada virtual reality headset market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada virtual reality headset market size, by end-device, 2018-2030 (US$M)
Canada Virtual Reality Headset Market Outlook Share, 2023 & 2030 (US$M)
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