Global Virtual Reality In Retail Market Size & Outlook
The virtual reality in retail industry worldwide is expected to reach a projected revenue of US$ 23,696.8 million by 2030. A compound annual growth rate of 28% is expected of the worldwide virtual reality in retail industry from 2024 to 2030.
Revenue, 2023 (US$M)
$4,218.9
Forecast, 2030 (US$M)
$23,696.8
CAGR, 2024 - 2030
28%
Report Coverage
Worldwide
Global virtual reality in retail market, 2018-2030 (US$M)
Related Markets
Global virtual reality in retail market highlights
- The global virtual reality in retail market generated a revenue of USD 4,218.9 million in 2023 and is expected to reach USD 23,696.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 28% by 2030.
- In terms of segment, hmd accounted for a revenue of USD 2,705.8 million in 2023.
- GTD is the most lucrative device segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 4,218.9 million |
| Market revenue in 2030 | USD 23,696.8 million |
| Growth rate | 28% (CAGR from 2023 to 2030) |
| Largest segment | Hmd |
| Fastest growing segment | GTD |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | HMD, GTD, PDW |
Other key industry trends
- In terms of revenue, the North America accounted for 29.8% of the global virtual reality in retail market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Japan is the fastest growing regional market and is projected to reach USD 1,127.4 million by 2030.
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Virtual Reality In Retail Market Scope
Virtual reality in retail market segmentation & scope
Virtual Reality In Retail Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global virtual reality in retail 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 in retail market will help companies and investors design strategic landscapes.
hmd was the largest segment with a revenue share of 64.14% in 2023. Horizon Databook has segmented the Global virtual reality in retail market based on hmd, gtd, pdw covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Virtual Reality In Retail Device Outlook (Revenue, USD Million, 2018-2030)
- HMD
- GTD
- PDW
- Global Virtual Reality In Retail Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Software
- Services
- Global Virtual Reality In Retail Application Outlook (Revenue, USD Million, 2018-2030)
- Information Systems
- Advertising & Marketing
- Try on Solutions
- Planning & Designing
- Global Virtual Reality In Retail Vertical Outlook (Revenue, USD Million, 2018-2030)
- Food and Beverage
- Home Products
- Clothing
- Consumer Electronics
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Our clientele includes a mix of virtual reality in retail market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global virtual reality in retail market , including forecasts for subscribers. This global databook contains high-level insights into Global virtual reality in retail market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global virtual reality in retail market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Virtual reality in retail market size, 2023 (USD Million)
Top 10 countries: Virtual reality in retail market size, 2023 (USD Million)
Global virtual reality in retail market, by region, 2023 (US$M)
Related regional statistics
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