Asia Pacific Virtual Reality Market Size & Outlook
Asia Pacific virtual reality market, 2018-2030 (US$M)
Related Markets
Asia Pacific virtual reality market highlights
- The Asia Pacific virtual reality market generated a revenue of USD 13,819.3 million in 2023.
- The market is expected to grow at a CAGR of 12.3% from 2024 to 2030.
- In terms of segment, aerospace and defense was the largest revenue generating application in 2023.
- Healthcare is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 13,819.3 million |
| Market revenue in 2030 | USD 31,098.7 million |
| Growth rate | 12.3% (CAGR from 2023 to 2030) |
| Largest segment | Aerospace and defense |
| Fastest growing segment | Healthcare |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aerospace and Defense, Healthcare |
| Key market players worldwide | Alphabet Inc Class A, Barco NV, Meta Platforms Inc Class A, HTC Corp DR, Microsoft Corp, Samsung Electronics Co Ltd, Senseonics Holdings Inc, Sixense, CyberGlove Systems, Ultraleap |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 40.7% of the global virtual reality market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 20,990.9 million by 2030.
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Virtual Reality Market Scope
Virtual Reality Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific virtual reality 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 market will help companies and investors design strategic landscapes.
Aerospace and defense was the largest segment with a revenue share of 5.55% in 2023. Horizon Databook has segmented the Asia Pacific virtual reality market based on aerospace and defense, healthcare covering the revenue growth of each sub-segment from 2018 to 2030.
- Asia Pacific Virtual Reality Application Outlook (Revenue, USD Million, 2018-2030)
- Aerospace and Defense
- Healthcare
- Others
- Asia Pacific Virtual Reality Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Software
- Services
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Target buyers of Asia Pacific virtual reality market databook
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Our clientele includes a mix of virtual reality 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 continent-level data and insights on the Asia Pacific virtual reality market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific virtual reality market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific virtual reality market size, by country, 2018-2030 (US$M)
Asia Pacific Virtual Reality Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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