Europe Immersive Virtual Reality Market Size & Outlook

The immersive virtual reality market in Europe is expected to reach a projected revenue of US$ 18,756.8 million by 2030. A compound annual growth rate of 28% is expected of Europe immersive virtual reality market from 2025 to 2030.
Revenue, 2024 (US$M)
$4,270.4
Forecast, 2030 (US$M)
$18,756.8
CAGR, 2025 - 2030
28%
Report Coverage
Europe

Europe immersive virtual reality market highlights

  • The Europe immersive virtual reality market generated a revenue of USD 4,270.4 million in 2024.
  • The market is expected to grow at a CAGR of 28% from 2025 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2024.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, Spain is expected to register the highest CAGR from 2025 to 2030.

Europe data book summary

Market revenue in 2024USD 4,270.4 million
Market revenue in 2030USD 18,756.8 million
Growth rate28% (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, Europe region accounted for 22.7% of the global immersive virtual reality market in 2024.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • MEA is the fastest growing regional market and is projected to reach USD 2,480.3 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Immersive Virtual Reality Market Companies

Name Profile # Employees HQ Website

Europe immersive virtual reality market size, by country, 2018-2030 (US$M)

Europe Immersive Virtual Reality Market Outlook Share, 2024 & 2030 (US$M)

Europe immersive virtual reality market size, by country, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more