Global immersive technologies market to reach 157 billion Euros by 2033

The global immersive technologies market size is set to grow from 30.5 billion Euros in 2023 to 157.1 billion Euros by 2033, according to research published by Spherical Insights & Consulting.
 

The research focused on companies including Barco, EON Reality, Google, HTC, IBM, Magic Leap, Meta, Microsoft, Samsung, Sony, UltraLeap, Comp12 and more.

The market is set to grow at a compound annual growth rate of 17.79% over the period of 10 years,

The hardware segment is set to hold the largest share of the global immersive technologies market, according to the report, largely due to hardware use in creating virtual, augmented, and mixed reality experiences. Key technologies identified in the report include head-mounted displays, gesture tracking devices, projectors and display walls, sensors, haptic devices and accessories.

 

Source: Inavate