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)
$18,756.8
CAGR, 2025 - 2030
28%
Report Coverage
Europe
Europe immersive virtual reality market, 2018-2030 (US$M)
Related Markets
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 2024 | USD 4,270.4 million |
| Market revenue in 2030 | USD 18,756.8 million |
| Growth rate | 28% (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, 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.
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Immersive Virtual Reality Market Scope
Immersive virtual reality market segmentation & scope
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Immersive Virtual Reality Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe immersive virtual reality market size, by country, 2018-2030 (US$M)
Europe Immersive Virtual Reality Market Outlook Share, 2024 & 2030 (US$M)
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