U.S. Virtual Reality Headset Market Size & Outlook
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U.S. virtual reality headset market highlights
- The U.S. virtual reality headset market generated a revenue of USD 1,588.1 million in 2023 and is expected to reach USD 7,453.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of 24.7% 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 1,588.1 million |
| Market revenue in 2030 | USD 7,453.3 million |
| Growth rate | 24.7% (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, U.S. accounted for 17.3% 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 |
|---|---|---|---|---|
| HS Valve | View profile | 101-250 | Daegu, Taegu-jikhalsi, South Korea, Asia | http://www.hsvalve.com |
| Fove | View profile | 11-50 | Tokyo, Tokyo, Japan, Asia | https://fove-inc.com |
| Temasek Holdings | View profile | 501-1000 | Singapore, Central Region, Singapore, Asia | http://www.temasek.com.sg |
| HTC Corp DR | View profile | 17575 | No. 23, Xinghua Road, Taoyuan District, Taoyuan, Taiwan, 330 | https://www.htc.com |
| LG Electronics Inc ADR | View profile | 35111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | https://www.lge.co.kr |
| Meta Platforms Inc Class A | View profile | 69329 | 1 Meta Way, Menlo Park, CA, United States, 94025 | https://about.meta.com |
| Carl Zeiss Meditec AG | View profile | 4950 | Goschwitzer Strasse 51-52, Jena, TH, Germany, 07745 | https://www.zeiss.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| Alphabet Inc Class C | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
U.S. 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 54.57% in 2023. Horizon Databook has segmented the U.S. 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 U.S. recorded the highest market share of 66.9% in 2022. The U.S. is the major contributor to the regional market growth owing to the presence of major tech companies, such as Microsoft, Facebook LLC, and Google LLC, and their large-scale investments in virtual reality technology.
Moreover, the trend of acquiring high-end devices due to the high disposable income of people across the region is expected to drive the market growth.
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Target buyers of U.S. virtual reality headset market databook
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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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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 country-level data and insights on the U.S. virtual reality headset market , including forecasts for subscribers. This country databook contains high-level insights into U.S. virtual reality headset market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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US End-Device - Virtual Reality Headset Market size, 2023 - 2030 (US$M)
U.S. Virtual Reality Headset Market Outlook Share, 2023 & 2030 (US$M)
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