South Africa Immersive Virtual Reality Market Size & Outlook
The immersive virtual reality market in South Africa is expected to reach a projected revenue of US$ 689.0 million by 2030. A compound annual growth rate of 28.1% is expected of South Africa immersive virtual reality market from 2025 to 2030.
Revenue, 2024 (US$M)
$155.9
Forecast, 2030 (US$M)
$689.0
CAGR, 2025 - 2030
28.1%
Report Coverage
South Africa
South Africa immersive virtual reality market, 2018-2030 (US$M)
Related Markets
South Africa immersive virtual reality market highlights
- The South Africa immersive virtual reality market generated a revenue of USD 155.9 million in 2024 and is expected to reach USD 689.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 28.1% 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.
Immersive virtual reality market data book summary
| Market revenue in 2024 | USD 155.9 million |
| Market revenue in 2030 | USD 689.0 million |
| Growth rate | 28.1% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.8% of the global immersive virtual reality market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia immersive virtual reality market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 754.5 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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South Africa immersive virtual reality market size, by component, 2018-2030 (US$M)
South Africa Immersive Virtual Reality Market Outlook Share, 2024 & 2030 (US$M)
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