Press release
Immersive Technology in Advertising Market: Future of Consumer Brand Interaction To Reach US$ 218.09Bn By 2032 | Most Leading Companies - Google LLC, Meta Platforms, Inc., Microsoft Corporation, Apple Inc., Snap Inc., Unity Technologies
Global Immersive Technology in Advertising Market size reached US$ 32.43 billion in 2024 and is expected to reach US$ 218.09 billion by 2032, growing with a CAGR of 26.90% during the forecast period 2025-2032.Immersive Technology In Advertising Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Immersive technology in advertising refers to the use of advanced digital tools such as augmented reality (AR), virtual reality (VR), mixed reality (MR), and 360-degree video to create interactive and engaging ad experiences. These technologies allow brands to place consumers directly into a branded environment, enhancing emotional connection, user engagement, and campaign memorability.
List of the Key Players in the Immersive Technology In Advertising Market:
Google LLC, Meta Platforms, Inc., Microsoft Corporation, Apple Inc., Snap Inc., Unity Technologies, Sony Corporation, Samsung Electronics Co., Ltd., NVIDIA Corporation, HTC Corporation.
Industry Development:
In August 2024, ANZ Bank partnered with Microsoft Corporation to accelerate the deployment of generative AI by launching Australia's first AI Immersion Center at ANZ's headquarters in Melbourne.
In May 2024, Google LLC and Magic Leap, Inc. entered into a strategic partnership to advance augmented reality (AR) technologies. This collaboration aims to deliver next-generation AR experiences by integrating Google's robust technology platforms with Magic Leap's expertise in optical and AR systems.
In February 2024, EmdoorVR and Ultraleap Limited announced a joint effort to develop a new mixed reality (MR) headset reference design featuring Ultraleap's advanced hand-tracking technology. By utilizing shared camera systems for both hand tracking and Simultaneous Localization and Mapping (SLAM), the design significantly reduces integration costs for original equipment manufacturers (OEMs).
Research Process:
Both primary and secondary data sources have been used in the global Immersive Technology In Advertising Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Immersive Technology In Advertising Market:
By Technology: Augmented Reality (AR), Virtual Reality (VR), Mixed Reality (MR), Extended Reality (XR)
By Deployment: Mobile Devices, Head-Mounted Displays, Smart Glasses, Kiosks, Web-Based Platforms
By Application: Product Visualization, Virtual Try-Ons, Gamified Advertisements, Location-Based Advertising, Social Media Filters, Others
By End-user: Retail & E-commerce, Media & Entertainment, Automotive, Healthcare, Travel & Tourism, Others
Regional Analysis for Immersive Technology In Advertising Market:
The regional analysis of the Immersive Technology In Advertising Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Immersive Technology In Advertising market?
➠ Who are the leading manufacturers in the global Immersive Technology In Advertising industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Immersive Technology In Advertising industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Immersive Technology In Advertising market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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