Press release
Global Market Insights: Immersive Technology Trends and Forecast 2024
"The Business Research Company a report, titled, 'Immersive Technology Global Market Report 2024 - By Component (Hardware, Software/Platform, Services), By Technology (Mixed Reality (MR), Virtual Reality (VR), Augmented Reality (AR), 360 Film), By Application (Training & Learning, Product Development, Emergency Services, Sales & Marketing ), By Industry (Healthcare, Retail & eCommerce, Education, Construction, Media & Entertainment, Gaming, Manufacturing, Aerospace & Defense, Others (Automotive, Energy)) - Market Size, Trends, And Global Forecast 2024-2033Immersive Technology Global Market Report 2024 - By Component (Hardware, Software/Platform, Services), By Technology (Mixed Reality (MR), Virtual Reality (VR), Augmented Reality (AR), 360 Film), By Application (Training & Learning, Product Development, Emergency Services, Sales & Marketing ), By Industry (Healthcare, Retail & eCommerce, Education, Construction, Media & Entertainment, Gaming, Manufacturing, Aerospace & Defense, Others (Automotive, Energy)) - Market Size, Trends, And Global Forecast 2024-2033'. According to the report, The immersive technology market size is expected to see exponential growth in the next few years. It will grow to $638.69 billion in 2028 at a compound annual growth rate (CAGR) of 42.5%.
Request a Free Sample Copy of This Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=13678&type=smp
Report Coverage & Details:
• Forecast Period: 2024-2033
• Base Year: 2023
• Market Size In 2024: $154.94 billion
• Revenue Forecast In 2033: $638.69 billion
• CAGR: 42.5%
Global Immersive Technology Market: Segmentation
The immersive technology market covered in this report is segmented -
1) By Component: Hardware, Software/Platform, Services
2) By Technology: Mixed Reality (MR), Virtual Reality (VR), Augmented Reality (AR), 360 Film
3) By Application: Training & Learning, Product Development, Emergency Services, Sales & Marketing
4)By Industry: Healthcare, Retail & eCommerce, Education, Construction, Media & Entertainment, Gaming, Manufacturing, Aerospace & Defense, Others (Automotive, Energy)
Browse Full Report With TOC & List Of Figure
https://www.thebusinessresearchcompany.com/report/immersive-technology-global-market-report
Immersive Technology Market Report: Growth Drivers
The increasing popularity of gaming and entertainment is projected to boost the immersive technology market in the future. Gaming and entertainment involve the use of technologies such as virtual reality (VR), augmented reality (AR), and mixed reality (MR) to deliver interactive and captivating experiences for users. Immersive technology, which includes VR, AR, and MR, has transformed the gaming and entertainment sectors by providing more engaging experiences. For example, in 2023, a report from the European Space Agency, a Paris-based governmental organization, indicated that the percentage of parents who played video games with their children rose nearly 35% in 2021 compared to 2020. Thus, the rising gaming and entertainment trends are driving growth in the immersive technology market.
Key Developments:
Schneider Electric Expands Digital Automation Portfolio With AVEVA Integration
In January 2023, Schneider Electric, a France-based digital automation and energy management company, acquired AVEVA for an undisclosed amount. With this acquisition, Schneider aims to bring together energy and process across the economic cycle, ensuring the creation of customer value. AVEVA is a UK-based provider of immersive technology and training systems.
Top Market Leader Included:
Google LLC, Samsung Group, Sony Corporation, Lockheed Martin Corporation, Honeywell International Inc., HCL Technologies Limited, Carl Zeiss AG, Acer Inc., PTC Inc., AVEVA Group PLC, Unity Software Inc., Barco NV, Magic Leap Inc., HTC Corporation, Immersive Technologies Pty Limited, Varjo Technologies Oy, EON Reality, Inc., FAAC Incorporated, CM Labs Simulations Inc., Oculus (Facebook Technologies, LLC.), VI-grade GmbH, Atheer Inc., NCTech Limited, Blippar Ltd., Zeality Inc.
Immersive Technology Industry: Regional Landscape
North America was the largest region in the immersive technology market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the immersive technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the immersive technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
Purchase This Exclusive Research Report
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13678
What Does The Global Immersive Technology Market Report Include?
1.Introduction
• Overview of the Immersive Technology Market
• Comprehensive Analysis of Immersive Technology Market
2. Immersive Technology Market Drivers and Restraints
• Drivers and Restraints For Historic And Forecast Period
3. Immersive Technology Market Segmentation
• By Drug Class
• By Indication
• By Distribution Channel
4. Competitive Landscape And Company Profiles In The Immersive Technology Market
• Overview
• Products and Services
• Strategy
5. Immersive Technology Market Regional And Country Analysis
• By Region
• By Country
6. Market Trends And Opportunities In Immersive Technology Market
• Technological Advancements
• Emerging Trends
7. Immersive Technology Market Future Outlook and Potential Analysis
• Growth Strategies
• New Opportunities
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
What Does The Business Research Company Do
The Business Research Company publishes over 15,000 reports across 27 industries and 60+ geographies. Our research is powered by 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. We provide continuous and custom research services, offering a range of specialized packages tailored to your needs, including Market Entry Research Package, Competitor Tracking Package, Supplier & Distributor Package and much more
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Request a Free Sample Copy of This Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=13678&type=smp
Report Coverage & Details:
• Forecast Period: 2024-2033
• Base Year: 2023
• Market Size In 2024: $154.94 billion
• Revenue Forecast In 2033: $638.69 billion
• CAGR: 42.5%
Global Immersive Technology Market: Segmentation
The immersive technology market covered in this report is segmented -
1) By Component: Hardware, Software/Platform, Services
2) By Technology: Mixed Reality (MR), Virtual Reality (VR), Augmented Reality (AR), 360 Film
3) By Application: Training & Learning, Product Development, Emergency Services, Sales & Marketing
4)By Industry: Healthcare, Retail & eCommerce, Education, Construction, Media & Entertainment, Gaming, Manufacturing, Aerospace & Defense, Others (Automotive, Energy)
Browse Full Report With TOC & List Of Figure
https://www.thebusinessresearchcompany.com/report/immersive-technology-global-market-report
Immersive Technology Market Report: Growth Drivers
The increasing popularity of gaming and entertainment is projected to boost the immersive technology market in the future. Gaming and entertainment involve the use of technologies such as virtual reality (VR), augmented reality (AR), and mixed reality (MR) to deliver interactive and captivating experiences for users. Immersive technology, which includes VR, AR, and MR, has transformed the gaming and entertainment sectors by providing more engaging experiences. For example, in 2023, a report from the European Space Agency, a Paris-based governmental organization, indicated that the percentage of parents who played video games with their children rose nearly 35% in 2021 compared to 2020. Thus, the rising gaming and entertainment trends are driving growth in the immersive technology market.
Key Developments:
Schneider Electric Expands Digital Automation Portfolio With AVEVA Integration
In January 2023, Schneider Electric, a France-based digital automation and energy management company, acquired AVEVA for an undisclosed amount. With this acquisition, Schneider aims to bring together energy and process across the economic cycle, ensuring the creation of customer value. AVEVA is a UK-based provider of immersive technology and training systems.
Top Market Leader Included:
Google LLC, Samsung Group, Sony Corporation, Lockheed Martin Corporation, Honeywell International Inc., HCL Technologies Limited, Carl Zeiss AG, Acer Inc., PTC Inc., AVEVA Group PLC, Unity Software Inc., Barco NV, Magic Leap Inc., HTC Corporation, Immersive Technologies Pty Limited, Varjo Technologies Oy, EON Reality, Inc., FAAC Incorporated, CM Labs Simulations Inc., Oculus (Facebook Technologies, LLC.), VI-grade GmbH, Atheer Inc., NCTech Limited, Blippar Ltd., Zeality Inc.
Immersive Technology Industry: Regional Landscape
North America was the largest region in the immersive technology market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the immersive technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the immersive technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
Purchase This Exclusive Research Report
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13678
What Does The Global Immersive Technology Market Report Include?
1.Introduction
• Overview of the Immersive Technology Market
• Comprehensive Analysis of Immersive Technology Market
2. Immersive Technology Market Drivers and Restraints
• Drivers and Restraints For Historic And Forecast Period
3. Immersive Technology Market Segmentation
• By Drug Class
• By Indication
• By Distribution Channel
4. Competitive Landscape And Company Profiles In The Immersive Technology Market
• Overview
• Products and Services
• Strategy
5. Immersive Technology Market Regional And Country Analysis
• By Region
• By Country
6. Market Trends And Opportunities In Immersive Technology Market
• Technological Advancements
• Emerging Trends
7. Immersive Technology Market Future Outlook and Potential Analysis
• Growth Strategies
• New Opportunities
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
What Does The Business Research Company Do
The Business Research Company publishes over 15,000 reports across 27 industries and 60+ geographies. Our research is powered by 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. We provide continuous and custom research services, offering a range of specialized packages tailored to your needs, including Market Entry Research Package, Competitor Tracking Package, Supplier & Distributor Package and much more
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
