Latin America Immersive Virtual Reality Market Size & Outlook

The immersive virtual reality market in Latin America is expected to reach a projected revenue of US$ 3,410.3 million by 2030. A compound annual growth rate of 27.1% is expected of Latin America immersive virtual reality market from 2025 to 2030.
Revenue, 2024 (US$M)
$808.9
Forecast, 2030 (US$M)
$3,410.3
CAGR, 2025 - 2030
27.1%
Report Coverage
Latin America

Latin America immersive virtual reality market highlights

  • The Latin America immersive virtual reality market generated a revenue of USD 808.9 million in 2024.
  • The market is expected to grow at a CAGR of 27.1% 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, Brazil is expected to register the highest CAGR from 2025 to 2030.

Latin America data book summary

Market revenue in 2024USD 808.9 million
Market revenue in 2030USD 3,410.3 million
Growth rate27.1% (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, Latin America region accounted for 4.3% 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 Companies

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

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

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

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