The immersive technology market in the UAE is expected to reach a projected revenue of US$ 958.8 million by 2030. A compound annual growth rate of 27.1% is expected of the UAE immersive technology market from 2024 to 2030.
The UAE immersive technology market generated a revenue of USD 178.9 million in 2023 and is expected to reach USD 958.8 million by 2030.
The UAE market is expected to grow at a CAGR of 27.1% from 2024 to 2030.
In terms of segment, hardware was the largest revenue generating component in 2023.
Software/Platform is the most lucrative component segment registering the fastest growth during the forecast period.
Immersive technology market data book summary
Market revenue in 2023
USD 178.9 million
Market revenue in 2030
USD 958.8 million
Growth rate
27.1% (CAGR from 2023 to 2030)
Largest segment
Hardware
Fastest growing segment
Software/Platform
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Hardware, Software/Platform, Services
Key market players worldwide
Barco NV, Alphabet Inc Class A, HTC Corp DR, International Business Machines Corp, Magic Leap, Meta Platforms Inc Class A, Microsoft Corp, Samsung Electronics Co Ltd, Sony Group Corp, Compass Inc Class A, EON Reality, Leap Motion
Other key industry trends
In terms of revenue, UAE accounted for 0.5% of the global immersive technology market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Middle East & Africa, South Africa immersive technology market is projected to lead the regional market in terms of revenue in 2030.
South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,504.4 million by 2030.
. The country is heavily investing in smart city projects that incorporate augmented and virtual reality solutions to enhance urban living and tourism experiences. The UAE's vibrant entertainment sector, including theme parks and cultural attractions, increasingly utilizes immersive technologies to create engaging visitor experiences.
Furthermore, the growing adoption of VR and AR in education and training sectors is expected to bolster market growth as institutions leverage these technologies for enhanced learning outcomes.
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 Technology Market Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 48.46% in 2023.
Horizon Databook has segmented the Uae immersive technology market based on hardware, software/platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
. The country is heavily investing in smart city projects that incorporate augmented and virtual reality solutions to enhance urban living and tourism experiences. The UAE's vibrant entertainment sector, including theme parks and cultural attractions, increasingly utilizes immersive technologies to create engaging visitor experiences.
Furthermore, the growing adoption of VR and AR in education and training sectors is expected to bolster market growth as institutions leverage these technologies for enhanced learning outcomes.
Uae Immersive Technology Market Component Outlook (Revenue, USD Million , 2018-2030)
Hardware
Software/Platform
Services
Uae Immersive Technology Market Technology Type Outlook (Revenue, USD Million , 2018-2030)
Virtual Reality (VR)
Augmented Reality (AR)
Mixed Reality (MR)
Others
Uae Immersive Technology Market Application Outlook (Revenue, USD Million , 2018-2030)
Training & Learning
Emergency Services
Product Development
Sales & Marketing
Others
Uae Immersive Technology Market Industry Outlook (Revenue, USD Million , 2018-2030)
Aerospace & Defense
Manufacturing
Automotive
Education
Media & Entertainment
Gaming
Healthcare
Retail & E-commerce
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE Immersive Technology Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into UAE Immersive Technology Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.