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.
- 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
- 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?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading players?
- 7.4. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Meta Platforms Inc
- 8.2. Sony Group Corp
- 8.3. Beijing ByteDance Technology Co Ltd
- 8.4. Da Peng VR
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Global virtual reality market value: $ billion, 2019-24
- Table 2: Global virtual reality market volume: million units, 2019-24
- Table 3: Global virtual reality market category segmentation: % share, by value, 2019-24
- Table 4: Global virtual reality market category segmentation: $ billion, 2019-24
- Table 5: Global virtual reality market geography segmentation: $ billion, 2024
- Table 6: Global virtual reality market value forecast: $ billion, 2024-29
- Table 7: Global virtual reality market volume forecast: million units, 2024-29
- Table 8: Meta Platforms Inc: Key Facts
- Table 9: Meta Platforms Inc: Annual Financial Ratios
- Table 10: Meta Platforms Inc: Key Employees
- Table 11: Meta Platforms Inc: Key Employees Continued
- Table 12: Sony Group Corp: Key Facts
- Table 13: Sony Group Corp: Annual Financial Ratios
- Table 14: Sony Group Corp: Key Employees
- Table 15: Sony Group Corp: Key Employees Continued
- Table 16: Beijing ByteDance Technology Co Ltd: Key Facts
- Table 17: Beijing ByteDance Technology Co Ltd: Key Employees
- Table 18: Da Peng VR: Key Facts
- Table 19: Da Peng VR: Key Employees
- Table 20: Global Exchange Rate, 2019-24
- List of Figures
- Figure 1: Global virtual reality market value: $ billion, 2019-24
- Figure 2: Global virtual reality market volume: million units, 2019-24
- Figure 3: Global virtual reality market category segmentation: $ billion, 2019-24
- Figure 4: Global virtual reality market geography segmentation: % share, by value, 2024
- Figure 5: Global virtual reality market value forecast: $ billion, 2024-29
- Figure 6: Global virtual reality market volume forecast: million units, 2024-29
- Figure 7: Forces driving competition in the global virtual reality market, 2024
- Figure 8: Drivers of buyer power in the global virtual reality market, 2024
- Figure 9: Drivers of supplier power in the global virtual reality market, 2024
- Figure 10: Factors influencing the likelihood of new entrants in the global virtual reality market, 2024
- Figure 11: Factors influencing the threat of substitutes in the global virtual reality market, 2024
- Figure 12: Drivers of degree of rivalry in the global virtual reality market, 2024
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