Global Immersive Simulation Market Size & Outlook

The global immersive simulation market size was estimated at USD 9,565.2 million in 2024 and is projected to reach USD 45,478.0 million by 2030, growing at a CAGR of 31.1% from 2025 to 2030.
Revenue, 2024 (US$M)
$9,565.2
Forecast, 2030 (US$M)
$45,478.0
CAGR, 2025 - 2030
31.1%
Report Coverage
Worldwide

Global immersive simulation market highlights

  • The global immersive simulation market generated a revenue of USD 9,565.2 million in 2024 and is expected to reach USD 45,478.0 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 31.1% by 2030.
  • In terms of segment, hardware accounted for a revenue of USD 5,637.3 million in 2024.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 9,565.2 million
Market revenue in 2030USD 45,478.0 million
Growth rate31.1% (CAGR from 2025 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 41.8% of the global immersive simulation market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 2,101.1 million by 2030.

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Immersive Simulation Market Companies

Name Profile # Employees HQ Website
Magic Leap, Inc. View profile - - -
Ultraleap View profile 101-250 Bristol, Bristol, City of, United Kingdom, Europe https://www.ultraleap.com
Autodesk Inc View profile 13700 One Market Street, Suite 400, San Francisco, CA, United States, 94105 https://www.autodesk.com
EON Reality View profile 101-250 Irvine, California, United States, North America http://www.eonreality.com
Lockheed Martin Corp View profile 122000 6801 Rockledge Drive, Bethesda, MD, United States, 20817 https://www.lockheedmartin.com
Meta Platforms Inc Class A View profile 69329 1 Meta Way, Menlo Park, CA, United States, 94025 https://about.meta.com
Siemens Healthineers AG ADR View profile 71400 Siemensstr. 3, Forchheim, BY, Germany, 91301 https://www.siemens-healthineers.com
NVIDIA Corp View profile 29600 2788 San Tomas Expressway, Santa Clara, CA, United States, 95051 https://www.nvidia.com
Microsoft Corp View profile 221000 One Microsoft Way, Redmond, WA, United States, 98052-6399 https://www.microsoft.com
International Business Machines Corp View profile 282200 One New Orchard Road, Armonk, NY, United States, 10504 http://www.ibm.com

Global immersive simulation 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 immersive simulation market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 58.94% in 2024. Horizon Databook has segmented the Global immersive simulation market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Immersive Simulation Component Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
    • Software
    • Services
  • Global Immersive Simulation Technology Type Outlook (Revenue, USD Million, 2018-2030)
    • Virtual Reality (VR)
    • Augmented Reality (AR)
    • Mixed Reality (MR)
    • Others
  • Global Immersive Simulation Application Outlook (Revenue, USD Million, 2018-2030)
    • Training & Learning
    • Emergency Services
    • Product Development
    • Sales & Marketing
    • Others
  • Global Immersive Simulation Industry Outlook (Revenue, USD Million, 2018-2030)
    • Aerospace & Defense
    • Manufacturing
    • Automotive
    • Education
    • Media & Entertainment
    • Gaming
    • Healthcare
    • Retail & E-commerce
    • Others

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Target buyers of Global immersive simulation market databook

  • Our clientele includes a mix of immersive simulation 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.).
  • 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 global-level data and insights on the Global immersive simulation market , including forecasts for subscribers. This global databook contains high-level insights into Global immersive simulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global immersive simulation market size, by regions, 2018-2030 (US$M)

Top 10 countries: Immersive simulation market size, 2024 (US$M)

Global immersive simulation market share, by component, 2024 & 2030 (%, US$M)

Immersive simulation market: Opportunity assessment by country

Global immersive simulation market, by region, 2024 (US$M)

Global immersive simulation market size, by regions, 2018-2030 (US$M)

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