Global Immersive Virtual Reality Market Size & Outlook
The immersive virtual reality industry worldwide is expected to reach a projected revenue of US$ 77,507.7 million by 2030. A compound annual growth rate of 26.6% is expected of the worldwide immersive virtual reality industry from 2025 to 2030.
Revenue, 2024 (US$M)
$18,812.9
Forecast, 2030 (US$M)
$77,507.7
CAGR, 2025 - 2030
26.6%
Report Coverage
Worldwide
Global immersive virtual reality market, 2018-2030 (US$M)
Related Markets
Global immersive virtual reality market highlights
- The global immersive virtual reality market generated a revenue of USD 18,812.9 million in 2024 and is expected to reach USD 77,507.7 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 26.6% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 9,069.6 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 2024 | USD 18,812.9 million |
| Market revenue in 2030 | USD 77,507.7 million |
| Growth rate | 26.6% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 41.8% of the global immersive virtual reality 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 3,580.9 million by 2030.
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Immersive Virtual Reality Market Scope
Immersive virtual reality market segmentation & scope
Others
Immersive Virtual Reality Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global immersive virtual reality market size, by regions, 2018-2030 (US$M)
Top 10 countries: Immersive virtual reality market size, 2024 (US$M)
Global immersive virtual reality market share, by component, 2024 & 2030 (%, US$M)
Immersive virtual reality market: Opportunity assessment by country
Global immersive virtual reality market, by region, 2024 (US$M)
Related regional statistics
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