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)
$18,756.8
CAGR, 2025 - 2030
28.0%
Report Coverage
Europe
Europe Immersive Virtual Reality Market, 2018-2030 (US$M)
Global Market
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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Publish Date: Jan 15, 2025
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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 |
|---|---|---|---|---|
| Microsoft Corp | View profile | 221,000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | www.microsoft.com |
| Sony Group Corp ADR | View profile | 113,000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | www.sony.com |
| Samsung Electronics Co Ltd | View profile | 124,804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | www.samsung.com |
| Meta Platforms Inc Class A | View profile | 69,329 | 1 Meta Way, Menlo Park, CA, United States, 94025 | about.meta.com |
| Magic Leap | View profile | 1001-5000 | Plantation, Florida, United States, North America | magicleap.com |
| EON Reality | View profile | 101-250 | Irvine, California, United States, North America | www.eonreality.com |
| Autodesk Inc | View profile | 13,700 | One Market Street, Suite 400, San Francisco, CA, United States, 94105 | www.autodesk.com |
| Unity Technologies | View profile | 5001-10000 | San Francisco, California, United States, North America | unity.com/ |
| View profile | 10001+ | Mountain View, California, United States, North America | www.google.com | |
| HTC Corporation | View profile | - | - | - |
Europe Immersive Virtual Reality 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 Virtual Reality Market Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 48.21% in 2024.
Horizon Databook has segmented the Europe immersive virtual reality market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Immersive Virtual Reality Market Component Outlook (Revenue, USD Million , 2018-2030)
- Hardware
- Software
- Services
- Europe Immersive Virtual Reality Market Technology Outlook (Revenue, USD Million , 2018-2030)
- Non-Immersive
- Semi & Fully Immersive
- Europe Immersive Virtual Reality Market Device Outlook (Revenue, USD Million , 2018-2030)
- Head Mounted Display
- Gesture Tracking Device
- Projectors & Display Wall
- Europe Immersive Virtual Reality Market End Use 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 continent-level data and insights on the Europe Immersive Virtual Reality Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Immersive Virtual Reality Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Immersive Virtual Reality Market, 2018-2030 (US$M)
Europe immersive virtual reality market statistics, by component, 2018-2030 (US$M)
