THE GLOBAL VIRTUAL REALITY HEADSET MARKET IS EXPECTED TO GROW WITH A CAGR OF 30% FROM 2023 TO 2030

The Global Virtual Reality Headset Market is Expected to Grow with a CAGR of 30% from 2023 to 2030

The Global Virtual Reality Headset Market is Expected to Grow with a CAGR of 30% from 2023 to 2030

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According to a market report by Lucintel, the future of the global virtual reality headset market looks promising with opportunities in the entertainment & media, real estate, healthcare, retail, military, and education markets. The global virtual reality headset market is expected to reach an estimated $47 billion by 2030 from $7 billion in 2023 at a CAGR of 30% from 2023 to 2030. The major drivers for this market are increasing penetration of virtual reality content in gaming, sports, entertainment and growing demand for VR headset in health care and retail sectors., and increasing in entertainment content.

In this market, standalone, smartphone enabled and PC-connected are the major segments of virtual reality headset market by headset type.

Lucintel forecasts that smartphone enabled virtual reality headset will remain the largest segment over the forecast period due to increasing demand for smartphones gaming.

Within this market, entertainment & media will remain the larger segment due to growth of the gaming industry and increasing development of VR specific games by various gaming enterprises.

North America will remain the largest region over the forecast period due to rising demand for VR games, growing investment by leading technology companies.

Sony, HTC, Samsung Electronics, Facebook, and Google are the major suppliers in the virtual reality headset market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]. To get access of more than 1000 reports at fraction of cast visit Lucintel’s Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056

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