Lucintel Forecasts the Global Immersive Technology Market to Reach $95.7 billion by 2031
Lucintel Forecasts the Global Immersive Technology Market to Reach $95.7 billion by 2031
Blog Article
According to a market report by Lucintel, the future of the global immersive technology
market looks promising with opportunities in the aerospace & defense, manufacturing,
automotive, education, media & entertainment, gaming, healthcare, and retail & e-
commerce markets. The global immersive technology market is expected to reach an
estimated $95.7 billion by 2031 from $28.3 billion in 2025, at a CAGR of 22.5% from
2025 to 2031. The major drivers for this market are increasing investment in immersive
technologies, growing use of AR and VR technologies for training and education in the
healthcare industry, and expanding deployment of 5G networks.
A more than 150-page report to understand trends, opportunity and forecast in
immersive technology market to 2031 by technology (virtual reality (VR), augmented
reality (AR), mixed reality (MR), and others), application (training & learning, emergency
services, product development, sales & marketing, and others), end use (aerospace &
defense, manufacturing, automotive, education, media & entertainment, gaming,
healthcare, retail & e-commerce, and others), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
Lucintel forecasts that training & learning will remain the largest segment over the
forecast period.
Within this market, gaming will remain the largest segment over the forecast period.
Download sample by clicking on immersive technology market
North America will remain the largest region over the forecast period.
Barco, EON Reality, Google, HTC, IBM, Magic Leap, Meta, Microsoft, Samsung
Electronics, Sony are the major suppliers in the immersive technology 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 helpdesk@lucintel.com To get access of more than
1000 reports at fraction of cost 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: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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