Virtual Reality Market Scope And Analysis

  • Report Code : TIPTE100000351
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Virtual Reality (VR) Market Scope and Key Players - 2031

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Virtual Reality (VR) Market Report Virtual Reality (VR) Market Size and Share Virtual Reality (VR) Market Scope and Analysis

Virtual Reality (VR) Market Report Scope

Report Attribute Details
Market size in 2024 US$ 97.23 Billion
Market Size by 2031 US$ 568.65 Billion
Global CAGR (2025 - 2031) 28.7%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Component
  • Hardware
  • Software
By Device
  • Head-Mounted Display
  • Gesture-Tracking Device
  • Projectors & Display Wall
By Technology
  • Semi & Fully Immersive
  • Non-immersive
By Application
  • Aerospace & Defense
  • Consumer
  • Commercial
  • Enterprise
  • Healthcare
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Alphabet Inc
  • Barco NV
  • CyberGlove Systems Inc
  • Meta Platforms Inc
  • HTC Corporation
  • Microsoft Corporation
  • Samsung Electronics Co Ltd
  • Sensics Inc
  • Sixense Enterprises Inc Penumbra Inc
  • Ultraleap Ltd

    • Virtual Reality (VR) Market News and Recent Developments

    The Virtual Reality (VR) Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Virtual Reality (VR) Market are listed below:

    • Meta Platforms Inc. acquired Within Unlimited, Inc. for its virtual reality (VR) expertise and virtual reality (VR) application called Supernatural. (Source: Meta, Press Release, 2023)
    • HTC Corporation launched its novel virtual reality (VR) & augmented reality headset named Vive XR Elite. The new product is equipped with a high-resolution display for an immersive experience. (Source: HTC Corporation, Press Release, 2023)

    Virtual Reality (VR) Market Report Coverage and Deliverables

    The “Virtual Reality (VR) Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Virtual reality (VR) market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Virtual reality (VR) market trends as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • Virtual reality (VR) market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Virtual reality (VR) market
    • Detailed company profiles