Press release
Virtual Reality Market Size will attain a substantial value of US$ 105.89 Billion by 2030, at 32.37% CAGR Growth
Global Virtual Reality (VR) Market is predicted to extend at a CAGR of 32.39% from 2024 to 2030
Virtual Reality has emerged as a transformative technology, revolutionizing how we experience virtual content. Its inception brought a paradigm shift through immersing customers in simulated environments, blurring the line between the physical and digital worlds. Advancements in hardware, including headsets, controllers, and state-of-the-art software applications, have propelled VR into diverse sectors like gaming, healthcare, training, and organization. This immersive technology keeps conforming, promising innovative applications, and reshaping the destiny of interactive and experiential computing.
Moreover, virtual reality has transcended niche gaming markets, penetrating diverse sectors like healthcare, education, and organization. Increasing accessibility progressed software, and a surge in content development have expanded adoption worldwide. Projections suggest a strong market, with significant investments, growing client demand, and a burgeoning environment of developers contributing to the consistent enlargement of VR's footprint, shaping a dynamic panorama for immersive stories worldwide. Consequently, the global virtual reality (VR) market will be valued at around US$ 105.89 billion by 2030.
Besides, North America's Virtual Reality (VR) market prospers on robust growth fuelled by technological strides and wide industry adoption. Increasing demand for immersive studies underscores the region's pivotal position in shaping the worldwide VR enterprise. Governments globally actively support VR through research funding, offers, and tax incentives. Key entities like the National Science Foundation and the U.S. Department of Defense lead substantial investments, fostering innovation and significant VR integration in sectors inclusive of training and healthcare. These collective projects propel the sustained enlargement of the worldwide VR market, marking technological evolution and strategic governmental support convergence.
The global virtual reality market is witnessing significant growth in software
Software improvements cater to diverse applications, spanning gaming, training, healthcare, and organization training. Also, improvements in VR software enhance consumer interplay, realism, and overall experience, using adoption across industries. The rise of collaborative digital environments, simulation-based training, and interactive storytelling similarly contributes to the expanding role of software in shaping the future of the global virtual reality panorama.
Request a free sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=virtual-reality-market-p.php
Components - Worldwide Virtual Reality Market breakup from 2 viewpoints:
1. Hardware
2. Software
Head-mounted displays (HMDs) are dominating the global virtual reality market
HMDs offer an immersive, interactive experience by putting screens directly in users' sight lines, improving realism and engagement. Continuous technological advancements, consisting of better resolutions, more expansive fields of view, and progressed tracking skills, contribute to their reputation. The versatility of HMDs extends their applicability throughout gaming, education, healthcare, and employer sectors. As consumer demand rises and expenses become more competitive, HMDs remain at the forefront, spearheading the virtual reality revolution and propelling innovation in the ever-increasing worldwide VR market.
Types - Global Virtual Reality Market breakup from 4 viewpoints:
1. Hmd
2. Gesture-tracking Device
3. Pdw
4. Others
Commercial applications spearhead the virtual reality market due to their substantial adoption across various industries
Virtual reality gives unprecedented solutions for schooling, simulations, and product visualization, driving efficiency and cost-effectiveness in healthcare, training, and production sectors. Virtual reality (VR) businesses are using technology for various purposes, such as collaborative conferences, architectural design, and virtual showrooms. The versatility of VR technology in enhancing real-world applications, combined with the continuous advancements in the field, makes it a driving force in commercial use. The practical benefits and transformative effects on numerous industries underscore the leading role of business applications in the evolving global VR panorama.
Application - Worldwide Virtual Reality Market breakup from 6 viewpoints:
1. Aerospace & Defense
2. Commercial
3. Consumer
4. Enterprise
5. Healthcare
6. Others
Non-immersive virtual reality technology commands a substantial share of the worldwide market because of its accessibility and sensible applications.
Unlike immersive VR, non-immersive solutions, consisting of augmented reality (AR) and mixed reality (MR), seamlessly mix digital factors with the real world. This versatility makes them best for industries like healthcare, training, and production, wherein customers can overlay information onto their surroundings. The user-friendly nature, cost-effectiveness, and simplicity of integration contribute to the sizeable adoption of non-immersive technology, setting it up as a vast player in the evolving global virtual reality landscape.
Technology -Virtual Reality Market breakup from 2 viewpoints:
1. Semi and Fully Immersive
2. Non-Immersive
In the virtual reality (VR) industry, the United States leads the world
The United States leads the global virtual reality market due to a robust technology infrastructure, an affluent market projected to reach $28.2 billion by 2027, and government support, including research investments. The active venture capital ecosystem accelerates innovation with over $1 billion invested in VR companies in 2022. Major technology companies, like Meta, Microsoft, Apple, and Google, headquartered in the U.S., drive VR development. The nation's cultural affinity for technology, early adoption of gaming, a focus on enterprise applications, and increased media coverage contribute to its prominent position in shaping the future of the global VR industry.
Countries - Global Virtual Reality Market Breakup from 22 viewpoints:
1. United States
2. Argentina
3. Australia
4. Belgium
5. Brazil
6. Canada
7. China
8. France
9. Germany
10. India
11. Israel
12. Italy
13. Japan
14. Mexico
15. Netherland
16. Saudi-Arabia
17. South Africa
18. Spain
19. Switzerland
20. United Kingdom
21. Turkey
22. ROW
Competitive Landscape
Some leading companies in the global virtual reality market are Qualcomm, Lenovo, Samsung, Apple, Sony, Microsoft, and Meta.
All companies have been covered from 3 viewpoints:
• Overview
• Recent Developments
• Revenue
Virtual Reality Market Companies
1. Sony
2. Apple
3. Microsoft
4. Lenovo
5. Samsung
6. Meta
7. Qualcomm
Related Reports
Global Robotics Market will reach US$ 231.85 Billion by 2030
https://www.renub.com/global-robotics-market-volume-and-forecast-962-p.php
Service Robotics market size is anticipated to reach US$ 187.33 billion by 2030
https://www.renub.com/service-robotics-market-p.php
Industrial Robotics market is anticipated to attain US$ 44.51 Billion by 2030
https://www.renub.com/industrial-robotics-market-p.php
Medical Robotics Market will reach US$ 72.22 Billion in 2030
https://www.renub.com/medical-robotics-market-p.php
About the Company:
Renub Research is a Market Research and Information Analysis company with more than 15 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 9000 syndicated reports and worked on more than 750 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.
Media Contact:
Company Name: Renub Research
Contact Person: Rajat Gupta, Marketing Manager
Phone No: +1-478-202-3244 | +91-120-421-9822 (IND)
Address: 225 Kristie Ln, Roswell, GA 30076
Email: info@renub.com
LinkedIn: https://linkedin.com/company/renub-research
Website: www.renub.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Virtual Reality Market Size will attain a substantial value of US$ 105.89 Billion by 2030, at 32.37% CAGR Growth here
News-ID: 3350123 • Views: …
More Releases from Renub Resaecrh
Global Sports Medicine Market to Hit $12.32 Billion by 2033, Driven by Rising At …
Sports Medicine Market Overview
The growing awareness of injury prevention, increased involvement in sports and physical activities, and advancements in medical technology are all contributing to the notable rise of the global sports medicine industry. The prevention, diagnosis, treatment, and rehabilitation of sports-related injuries are the primary goals of this specialized discipline, which serves athletes, fitness enthusiasts, and individuals who lead active lifestyles. The adoption of less invasive surgical procedures, the…
U.S. Cosmetics Industry Set to Surge Past $149 Billion by 2033 Amid Rising Deman …
United States Cosmetics Market Overview
According to Renub Research, with an absolute compound annual growth rate (CAGR) of 4.82% from 2025 to 2033, the United States cosmetics industry is expected to reach around US$ 149.53 billion in 2033, up from US$ 97.89 billion in 2024.
Growing consumer awareness of personal grooming and beauty improvement, particularly among millennial and Gen Z, is the primary factor driving the US industry. For example, according to…
Global Non-Invasive Prenatal Testing Market to Triple by 2033, Surging to US$ 11 …
Non-Invasive Prenatal Testing Market Overview
A type of prenatal screening called non-invasive prenatal testing (NIPT) uses a pregnant woman's blood sample to check for fetal abnormalities. By examining DNA fragments in the mother's blood, the test is primarily used to identify genetic abnormalities, such as Turner syndrome, Patau syndrome, Edwards syndrome, and Down syndrome. The treatment, which may be carried out after nine weeks of pregnancy, removes the need…
Renub Research: Global Tractor Market Set to Plough Ahead, Reaching $111.22 Bill …
Agricultural Tractors Market Overview
The growing need for automated solutions in contemporary farming is driving the rapid evolution of the agricultural tractor market. Precision agriculture, less manual work, and increased output are all made possible by tractors. To maximize field operations, farmers are implementing tractors equipped with cutting-edge technology, such as automation, telematics, and GPS, as the global demand for food increases. Trends such as climate change adaptation and sustainable…
More Releases for Virtual
Virtual Office Staff and Fortitude Virtual Professionals Unite to Elevate Virtua …
On May 5, 2025, two esteemed virtual assistant agencies-Virtual Office Staff and Fortitude Virtual Professionals-officially merged, forming a dynamic alliance poised to redefine the standards of virtual executive support and business operations.
This strategic merger combines the strengths of both organizations, uniting their commitment to delivering top-tier virtual office services that exceed client expectations. Operating under the Fortitude Virtual Professionals brand, the unified entity leverages a robust infrastructure and a reputation…
Virtual Assistance Revolution: Intelligent Virtual Assistants Market (2023-2032)
Global Intelligent Virtual Assistants Market Scope and Overview Report 2023-2032
"According to the research report, the global intelligent virtual assistant market was valued at USD 2.62 billion in 2022 and is expected to reach USD 22.45 billion by 2032, to grow at a CAGR of 24.0% during the forecast period."
This visionary report entitled Intelligent Virtual Assistants Market: By Size, Latest Trends, Share, Huge Growth, Segments, Analysis and Forecast, 2030 published by…
Virtual Workplace Market Seeking Excellent Growth | Opus Virtual Offices, Blackm …
Advance Market Analytics published a new research publication on "Virtual Workplace Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Virtual Workplace market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Virtual Internet launches “On-Demand” Virtual Data Centers
LONDON, England Feb. 21, 2011 | Virtual Internet – Virtual Internet has announced a new cloud package called Virtual Data Centers which allow IT managers to virtualize their infrastructure “on-demand” via the Internet.
The new self-service package allows managers to slice and dice a minimum of 10GB (or more) of physical disk space and/or physical memory into multiple configurations at will.
Incorporating the best features of a private cloud and Infrastructure-as-a-Service (IaaS),…
Caribbean Association Of Virtual Assistants Open Virtual Assistant Directory To …
CAVA Seeks Outside Assistance In Order To Meet Increased Demands For Virtual Assistants
The Caribbean Association Of Virtual Assistants, the Caribbean’s leading association for virtual assistants is set to accept listings from virtual assistants the world over.
The industry is still fairly new in the Caribbean and due to ever-increasing demands for the services provided by members of the association, the directors have made the decision to seek outside assistance.
Virtual assistants…
Virtual Assistants Become a Little Less Virtual
Toronto, Canada … North American Virtual Assistants and particularly Canadian VA’s have never before had the opportunity to meet and exchange views in this kind of forum and on Canadian soil. Barb Lang, a Toronto based Virtual Assistant specializing in Event Planning, saw a need for new and seasoned VA’s to meet in person in order to exchange ideas and business expertise in a mastermind / workshop type event.…
