Press release
Global Immersive Technologies Market Projected to Reach $493.5 Billion by 2030: Meticulous Research® Unveils Exclusive Insights
[Redding, California, March 13, 2024] - Meticulous Research®, a premier global market research firm, has released its latest comprehensive report titled "Global Immersive Technologies Market: Analysis by Offering (Hardware, Software, Services), Technology (Augmented Reality, Virtual Reality, Mixed Reality, Haptic), Application (Training & Learning, Remote Collaboration), Sector, and Geography-Forecast to 2030".Download Free Research PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=5563
The report forecasts that the global immersive technologies market is set to surge to an estimated value of $493.5 billion by 2030, with a remarkable Compound Annual Growth Rate (CAGR) of 29.4% from 2023 to 2030. This substantial growth trajectory is attributed to heightened investments in immersive technologies, their increasing integration into healthcare training, and the advent of metaverse and web 3.0 technologies. Additionally, the market is bolstered by burgeoning demand for 3D graphics and real-time 3D skills, coupled with expanding applications across architecture, engineering, and construction sectors. However, challenges such as a shortage of skilled professionals and the high cost of hardware pose constraints to the market's expansion.
The global immersive technologies market is meticulously segmented based on offering, technology, application, sector, and geography. Notably, the report offers a comprehensive analysis of industry competitors and examines regional and country-level market dynamics.
Among the key players highlighted in the study are Acer Inc., AVEVA Group Plc, Microsoft Corporation, Magic Leap, Inc., Google LLC, and more. These industry leaders represent the diverse landscape driving innovation and market growth.
Browse in depth @ https://www.meticulousresearch.com/product/immersive-technologies-market-5563
In terms of offerings, hardware currently holds the largest market share, although the software segment is projected to exhibit the highest CAGR during the forecast period. This surge in software demand is attributed to requirements for remote collaboration, product development, and content creation.
Technologically, while virtual reality presently dominates the market share, mixed reality is poised to witness the highest growth rate. Mixed reality's ability to deliver immersive experiences and its extensive applicability in product advertisement and marketing are key factors fueling its adoption.
Application-wise, training & learning presently leads the market share, while promotion & advertising is forecasted to experience the highest growth rate. This growth is driven by increased deployments in real estate for project demonstrations and the retail sector to enhance customer experiences.
Sector-wise, media and entertainment currently hold the largest share, but healthcare & medical devices are expected to witness the highest growth rate, attributed to immersive technologies' utilization in surgeries, healthcare training, and therapeutic applications.
Geographically, the Asia-Pacific region is anticipated to register the highest CAGR, driven by immersive technologies' integration into real estate, construction, and increasing investments in skill development.
Quick Buy - Immersive Technologies Market - Global Opportunity Analysis and Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/76071123
Moreover, notable investments and initiatives in immersive technology development within the Asia-Pacific region further underscore its growth potential. For instance, China aims to significantly expand its VR industry output, while South Korea and Singapore have announced substantial investments in metaverse-related services and immersive training programs, respectively.
Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
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 Global Immersive Technologies Market Projected to Reach $493.5 Billion by 2030: Meticulous Research® Unveils Exclusive Insights here
News-ID: 3428121 • Views: …
More Releases from Meticulous Research®
Dietary Supplements Market Size, Trends, and Growth Outlook (2025-2032)
The global dietary supplements market continues to expand as consumers increasingly focus on health, nutrition, and preventive wellness. Valued at USD 113.77 billion in 2024, the market is projected to reach USD 166.58 billion by 2032, growing at a CAGR of 4.9% from 2025 to 2032. This steady growth is driven by rising awareness of nutrition-enhanced products, an increasing preference for preventive healthcare, higher health and wellness spending, and a…
Heat Shrink Tubing Market Size, Growth, and Future Outlook (2025-2032)
The global heat shrink tubing market is witnessing steady growth, driven by the increasing demand for advanced insulation solutions across various industries. Valued at USD 2.1 billion in 2024, the market is projected to reach USD 3.2 billion by 2032, growing at a CAGR of 5.8% during the forecast period from 2025 to 2032. This growth is fueled by the rising use of electrical and electronic devices, expansion of the…
Botanical Supplements Market Growth Outlook 2025-2032: Natural Wellness Driving …
The global botanical supplements market is experiencing steady growth, fueled by rising health awareness and increasing consumer preference for plant-based wellness products. Valued at USD 47.9 billion in 2024, the market is expected to reach USD 81.6 billion by 2032, growing from USD 51.1 billion in 2025 at a CAGR of 6.9% during the forecast period from 2025 to 2032.
Download Sample Report Here : https://www.meticulousresearch.com/download-sample-report/cp_id=6053
Rising Health Expenditures and Growing Demand…
Document Readers Market Growth Outlook 2025-2032: Rising Demand for Advanced ID …
The global document readers market was valued at USD 296.8 million in 2024 and is projected to reach USD 501.2 million by 2032 from an estimated USD 314.3 million in 2025, growing at a CAGR of 6.9% during the forecast period of 2025-2032. This steady expansion reflects the rapid pace of digital transformation across industries and the growing need for efficient identity verification solutions.
Download Sample Report Here : https://www.meticulousresearch.com/download-sample-report/cp_id=6042
Increasing Digitization…
More Releases for Reality
Global Augmented Reality And Virtual Reality Lens Market Size by Application, Ty …
According to Market Research Intellect, the global Augmented Reality And Virtual Reality Lens market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The Augmented Reality (AR) and Virtual Reality (VR) Lens market is experiencing rapid growth…
Augmented Reality & Virtual Reality Market Insights: Growth and Opportunities
Meticulous Research® highlights the emerging trends and future outlook for the global augmented and virtual reality (AR/VR) market. As AR/VR technologies continue to evolve, new trends are shaping the market and creating opportunities for growth. The future outlook for the AR/VR market is characterized by ongoing innovation, increasing adoption, and expanding applications across various industries.
Browse in depth: https://www.meticulousresearch.com/product/augmented-reality-market-1223
One of the key emerging trends in the AR/VR market is the…
Augmented Reality and Virtual Reality Apps Market May Set an Epic Growth | EON R …
Latest Study on Industrial Growth of Augmented Reality and Virtual Reality Apps Market 2023-2029. A detailed study accumulated to offer the Latest insights about acute features of the Augmented Reality and Virtual Reality Apps market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers…
Augmented Reality and Virtual Reality Market To Witness Huge Growth : DAQR, EON. …
Global Augmented Reality and Virtual Reality Market 2020-2027 by Technology, Component, Device Type, Industry Vertical, End-user, and Region: Trend Forecast and Growth Opportunity is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the Global Augmented Reality…
Augmented Reality and Virtual Reality Platform Market to See Huge Growth by 2026 …
Global Augmented Reality and Virtual Reality Platform Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread) is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of…
Global Augmented Reality and Virtual Reality Market
Global Augmented Reality and Virtual Reality Market – Global Industry Analysis and Forecast (2017-2026) _ by Technology (Marker-Based, Marker Less and Others), by Device Type (Handheld Device, Head-Up Display, and Others), by Vertical, By Application, and by Geography
Market Scenario
Global Augmented Reality and Virtual Reality Market was valued US$ 6.1 Bn in 2017, and is expected to reach US$ 58.2 Bn by 2026, at a CAGR of 32.57% during forecast period.
Augmented…
