Brazil Virtual Reality Market Size & Outlook, 2023-2030

The virtual reality market in Brazil is expected to reach a projected revenue of US$ 1,805.4 million by 2030. A compound annual growth rate of 16.5% is expected of Brazil virtual reality market from 2024 to 2030.
Revenue, 2023 (US$M)
$619.6
Forecast, 2030 (US$M)
$1,805.4
CAGR, 2024 - 2030
16.5%
Report Coverage
Brazil

Brazil virtual reality market highlights

  • The Brazil virtual reality market generated a revenue of USD 619.6 million in 2023 and is expected to reach USD 1,805.4 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 16.5% 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.

Virtual reality market data book summary

Market revenue in 2023USD 619.6 million
Market revenue in 2030USD 1,805.4 million
Growth rate16.5% (CAGR from 2023 to 2030)
Largest segmentAerospace and defense
Fastest growing segmentHealthcare
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAerospace and Defense, Healthcare
Key market players worldwideAlphabet 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, Brazil accounted for 1.8% of the global virtual reality market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil virtual reality market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,805.4 million by 2030.

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Virtual Reality Market Companies

Name Profile # Employees HQ Website

Brazil 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 5.36% in 2023. Horizon Databook has segmented the Brazil virtual reality market based on aerospace and defense, healthcare covering the revenue growth of each sub-segment from 2018 to 2030.


  • Brazil Virtual Reality Application Outlook (Revenue, USD Million, 2018-2030)
    • Aerospace and Defense
    • Healthcare
    • Others
  • Brazil Virtual Reality Component Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
    • Software
    • Services

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Target buyers of Brazil virtual reality market databook

  • Our clientele includes a mix of virtual reality 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 Brazil virtual reality market , including forecasts for subscribers. This country databook contains high-level insights into Brazil virtual reality market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil virtual reality market size, by application, 2018-2030 (US$M)

Brazil Virtual Reality Market Outlook Share, 2023 & 2030 (US$M)

Brazil virtual reality market size, by application, 2018-2030 (US$M)

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