Report
MarketLine Department
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Global Virtual Reality

Summary

Global Virtual Reality industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- Virtual reality (VR) refers to a computer-generated simulation of a three-dimensional environment that can be interacted with by a person using special electronic equipment, such as a headset with a screen or gloves fitted with sensors. Virtual reality can create a realistic and immersive experience that simulates the sensation of being in a different place or world, allowing the user to interact with objects or characters within the simulated environment. The market volume represents the unit shipment of VR headsets.
- The global virtual reality market recorded revenues of $14.7 billion in 2024, representing a compound annual growth rate (CAGR) of 11.8% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 6.8% between 2019 and 2024, reaching a total of 12.4 million units in 2024.
- North America accounted for 35.6% of the global share in the virtual reality market followed by Asia-Pacific (32.7%) and Europe (22.2%) in 2024.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the virtual reality market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global virtual reality market
- Leading company profiles reveal details of key virtual reality market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global virtual reality market with five year forecasts

Reasons To Buy

- What was the size of the Global virtual reality market by value in 2024?
- What will be the size of the Global virtual reality market in 2029?
- What factors are affecting the strength of competition in the Global virtual reality market?
- How has the market performed over the last five years?
- What are the main segments that make up the global's virtual reality market?
Provider
MarketLine
MarketLine

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