Middle East & Africa Virtual Reality In Gaming Market Size & Outlook
Middle East Africa Virtual Reality In Gaming Market, 2018-2030 (US$M)
Global Market
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MEA virtual reality in gaming market highlights
- The MEA virtual reality in gaming market generated a revenue of USD 2,121.7 million in 2024.
- The market is expected to grow at a CAGR of 20.7% 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, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 2,121.7 million |
| Market revenue in 2030 | USD 6,904.2 million |
| Growth rate | 20.7% (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 | Software, Hardware |
| Key market players worldwide | Sony Group Corp, Microsoft Corp, Nintendo Co Ltd, Electronic Arts Inc, Meta Platforms Inc Class A, Samsung Electronics Co Ltd, Alphabet Inc Class A, HTC Corp DR, Tesla Inc, Qualcomm Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.5% of the global virtual reality in gaming market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 58,411.4 million by 2030.
North America was one of the major contributors to the growth of medical device outsourcing market in 2023. This region is home to numerous medical device companies, which are outsourcing parts of their regulatory and consulting functions to regulatory service providers, thereby contributing to the growth of the medical device outsourcing market.
The high cost of R&D is a major challenge, which has encouraged various medical device companies in North America to outsource functions to third-party vendors with high levels of expertise in the domain.
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Publish Date: Jan 14, 2025
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Virtual Reality In Gaming Market Scope
Virtual Reality In Gaming Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Electronic Arts Inc | View profile | 13,400 | 209 Redwood Shores Parkway, Redwood City, CA, United States, 94065 | www.ea.com |
| Microsoft Corp | View profile | 221,000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | www.microsoft.com |
| Sony Group Corp | View profile | 113,000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | www.sony.com |
| Alphabet Inc Class A | View profile | 180,895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | www.abc.xyz |
| Nintendo Co Ltd | View profile | 7,317 | 11-1 Hokotate-cho, Kamitoba, Minami-ku, Kyoto, Japan, 601-8501 | www.nintendo.co.jp |
| 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 |
| Qualcomm Inc | View profile | 50,000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | www.qualcomm.com |
| Tesla Inc | View profile | 140,473 | 1 Tesla Road, Austin, TX, United States, 78725 | www.tesla.com |
| HTC Corp DR | View profile | 17,575 | No. 23, Xinghua Road, Taoyuan District, Taoyuan, Taiwan, 330 | www.htc.com |
Middle East & Africa Virtual Reality In Gaming 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 In Gaming Market Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 71.42% in 2024.
Horizon Databook has segmented the Middle East & Africa virtual reality in gaming market based on software, hardware covering the revenue growth of each sub-segment from 2018 to 2030.
North America was one of the major contributors to the growth of medical device outsourcing market in 2023. This region is home to numerous medical device companies, which are outsourcing parts of their regulatory and consulting functions to regulatory service providers, thereby contributing to the growth of the medical device outsourcing market.
The high cost of R&D is a major challenge, which has encouraged various medical device companies in North America to outsource functions to third-party vendors with high levels of expertise in the domain.
- Middle East & Africa Virtual Reality In Gaming Market Component Outlook (Revenue, USD Million , 2018-2030)
- Software
- Hardware
- Middle East & Africa Virtual Reality In Gaming Market Connecting Device Outlook (Revenue, USD Million , 2018-2030)
- Gaming Console
- PC/ Desktop
- Smartphone
- Middle East & Africa Virtual Reality In Gaming Market User Outlook (Revenue, USD Million , 2018-2030)
- Commercial Spaces
- Individual
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Virtual Reality In Gaming Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Virtual Reality In Gaming Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Middle East Africa Virtual Reality In Gaming Market, 2018-2030 (US$M)
MEA virtual reality in gaming market statistics, by component, 2018-2030 (US$M)
