Europe Virtual Reality Headset Market Size & Outlook
Europe virtual reality headset market, 2018-2030 (US$M)
Related Markets
Europe virtual reality headset market highlights
- The Europe virtual reality headset market generated a revenue of USD 1,772.2 million in 2023.
- The market is expected to grow at a CAGR of 29.6% 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.
- Country-wise, Russia is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,772.2 million |
| Market revenue in 2030 | USD 10,860.2 million |
| Growth rate | 29.6% (CAGR from 2023 to 2030) |
| Largest segment | High-end-device |
| Fastest growing segment | Low-end Device |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 19.3% of the global virtual 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 28,739.9 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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Europe 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 58.59% in 2023. Horizon Databook has segmented the Europe 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.
The European VR headset industry is anticipated to grow considerably, with a CAGR of 29.6% over the forecast period. This is attributed to the early adoption of virtual reality technology and its innovations in different application areas.
The region showcases a wide base of gamers, boosting the adoption of innovative VR headsets in the regional market. The region is expected to witness strong growth owing to the fast expansion and launch of state-of-the-art VR headsets, mainly directed at the gaming community in European countries.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe virtual reality headset market , including forecasts for subscribers. This continent databook contains high-level insights into Europe virtual reality headset market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe virtual reality headset market size, by country, 2018-2030 (US$M)
Europe Virtual Reality Headset Market Outlook Share, 2023 & 2030 (US$M)
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