South Korea Virtual Reality Headset Market Size & Outlook

The virtual reality headset market in South Korea is expected to reach a projected revenue of US$ 1,612.3 million by 2030. A compound annual growth rate of 37.2% is expected of South Korea virtual reality headset market from 2024 to 2030.
Revenue, 2023 (US$M)
$176.2
Forecast, 2030 (US$M)
$1,612.3
CAGR, 2024 - 2030
37.2%
Report Coverage
South Korea

South Korea virtual reality headset market, 2018-2030 (US$M)

South

South Korea virtual reality headset market highlights

  • The South Korea virtual reality headset market generated a revenue of USD 176.2 million in 2023 and is expected to reach USD 1,612.3 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 37.2% 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 2023USD 176.2 million
Market revenue in 2030USD 1,612.3 million
Growth rate37.2% (CAGR from 2023 to 2030)
Largest segmentHigh-end-device
Fastest growing segmentLow-end Device
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLow-end Device, Mid-range device, High-End-device
Key market players worldwideCarl 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, South Korea accounted for 1.9% 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 Asia Pacific, China virtual reality headset market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,701.5 million by 2030.

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Virtual Reality Headset Market Companies

Name Profile # Employees HQ Website

South Korea 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 59.99% in 2023. Horizon Databook has segmented the South Korea 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.


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Target buyers of South Korea virtual reality headset market databook

  • Our clientele includes a mix of virtual reality headset market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 South Korea virtual reality headset market , including forecasts for subscribers. This country databook contains high-level insights into South Korea virtual reality headset market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea virtual reality headset market size, by end-device, 2018-2030 (US$M)

South Korea Virtual Reality Headset Market Outlook Share, 2023 & 2030 (US$M)

South Korea virtual reality headset market size, by end-device, 2018-2030 (US$M)

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