South Korea Virtual Reality In Retail Market Size & Outlook

The virtual reality in retail market in South Korea is expected to reach a projected revenue of US$ 793.3 million by 2030. A compound annual growth rate of 25.3% is expected of South Korea virtual reality in retail market from 2024 to 2030.
Revenue, 2023 (US$M)
$163.6
Forecast, 2030 (US$M)
$793.3
CAGR, 2024 - 2030
25.3%
Report Coverage
South Korea

South Korea virtual reality in retail market highlights

  • The South Korea virtual reality in retail market generated a revenue of USD 163.6 million in 2023 and is expected to reach USD 793.3 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 25.3% from 2024 to 2030.
  • In terms of segment, hmd was the largest revenue generating device in 2023.
  • GTD is the most lucrative device segment registering the fastest growth during the forecast period.


Virtual reality in retail market data book summary

Market revenue in 2023USD 163.6 million
Market revenue in 2030USD 793.3 million
Growth rate25.3% (CAGR from 2023 to 2030)
Largest segmentHmd
Fastest growing segmentGTD
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHMD, GTD, PDW
Key market players worldwideFXGear, Matterport Inc Ordinary Shares - Class A, Scapic, WeMakeVR, SubVRsive, Koncept VR, FirebirdVR, Panedia


Other key industry trends

  • In terms of revenue, South Korea accounted for 3.9% of the global virtual reality in retail market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China virtual reality in retail 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 1,035.5 million by 2030.

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Virtual Reality In Retail Market Scope

Virtual reality in retail market segmentation & scope
HMD
GTD
PDW
Hardware
Software
Services
Information Systems
Advertising & Marketing
Try on Solutions
Planning & Designing
Food and Beverage
Home Products
Clothing
Consumer Electronics

Virtual Reality In Retail Market Companies

Name Profile # Employees HQ Website

South Korea 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 64.12% in 2023. Horizon Databook has segmented the South Korea virtual reality in retail market based on hmd, gtd, pdw covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of virtual reality in retail 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.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea virtual reality in retail market , including forecasts for subscribers. This country databook contains high-level insights into South Korea virtual reality in retail market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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