UAE Virtual Reality Headset Market Size & Outlook
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UAE virtual reality headset market highlights
- The UAE virtual reality headset market generated a revenue of USD 64.0 million in 2023 and is expected to reach USD 431.2 million by 2030.
- The UAE market is expected to grow at a CAGR of 31.3% from 2024 to 2030.
- In terms of segment, high-end-device was the largest revenue generating end-device in 2023.
- Low-end Device is the most lucrative end-device segment registering the fastest growth during the forecast period.
Virtual reality headset market data book summary
| Market revenue in 2023 | USD 64.0 million |
| Market revenue in 2030 | USD 431.2 million |
| Growth rate | 31.3% (CAGR from 2023 to 2030) |
| Largest segment | High-end-device |
| Fastest growing segment | Low-end Device |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low-end Device, Mid-range device, High-End-device |
| Key market players worldwide | Carl Zeiss Meditec AG, Meta Platforms Inc Class A, Alphabet Inc Class C, LG Electronics Inc ADR, Microsoft Corp, HTC Corp DR, Temasek Holdings, Fove, HS Valve |
Other key industry trends
- In terms of revenue, UAE accounted for 0.7% of the global virtual reality headset market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia virtual reality headset market is projected to lead the regional market in terms of revenue in 2030.
- Nigeria is the fastest growing regional market in Middle East & Africa and is projected to reach USD 257.2 million by 2030.
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Virtual Reality Headset Market Scope
Virtual Reality Headset Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| HS Valve | View profile | 101-250 | Daegu, Taegu-jikhalsi, South Korea, Asia | http://www.hsvalve.com |
| Fove | View profile | 11-50 | Tokyo, Tokyo, Japan, Asia | https://fove-inc.com |
| Temasek Holdings | View profile | 501-1000 | Singapore, Central Region, Singapore, Asia | http://www.temasek.com.sg |
| HTC Corp DR | View profile | 17575 | No. 23, Xinghua Road, Taoyuan District, Taoyuan, Taiwan, 330 | https://www.htc.com |
| LG Electronics Inc ADR | View profile | 35111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | https://www.lge.co.kr |
| Meta Platforms Inc Class A | View profile | 69329 | 1 Meta Way, Menlo Park, CA, United States, 94025 | https://about.meta.com |
| Carl Zeiss Meditec AG | View profile | 4950 | Goschwitzer Strasse 51-52, Jena, TH, Germany, 07745 | https://www.zeiss.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| Alphabet Inc Class C | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
UAE virtual reality headset 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 virtual reality headset market will help companies and investors design strategic landscapes.
High-end-device was the largest segment with a revenue share of 58.91% in 2023. Horizon Databook has segmented the UAE virtual reality headset market based on low-end device, mid-range device, high-end-device covering the revenue growth of each sub-segment from 2018 to 2030.
This growth is attributed to the use of VR headsets and its technology in numerous applications, such as manufacturing, banking, among others. For instance, the UAE’s NDB bank is already using AR/VR technology for their staff’s training purposes, which is expected to boost the growth further.
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Target buyers of UAE virtual reality headset market databook
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Our clientele includes a mix of virtual reality headset market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE virtual reality headset market , including forecasts for subscribers. This country databook contains high-level insights into UAE virtual reality headset market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UAE End-Device - Virtual Reality Headset Market size, 2023 - 2030 (US$M)
UAE Virtual Reality Headset Market Outlook Share, 2023 & 2030 (US$M)
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