This trend is following an impressive CAGR of 19% from 2021 to 2017. How much is the VR industry worth in 2023? DataProt is supported by its audience. 33 percent of UK customers and 29 percent of US customers do not know what the metaverse is: On one hand, companies are investing heavily in the metaverse an integrated VR space where users can communicate, collaborate, play and learn yet, market awareness has failed to reach the same momentum as nearly a third of consumers do not understand the metaverse. Affective computing research has mostly used non-immersive two-dimensional (2D) images or videos to elicit emotional states. That explains why these head-mounted display (HMD) devices made up the majority (60%) of the VR revenue share worldwide in 2021. VR also offers enterprise users and consumers immersive experiences for gameplay, learning new skills, collaboration, and remote productivity. Either way, this represents the small portion of the population considering the majority of Americans in this survey, 76%, have never tried a VR headset. You can only download this statistic as a Premium user. However, the United States is still the most prominent region for the VR market to date. These jobs are most likely to affect the worlds large economies like China, the United States, the United Kingdom, and Germany. 2023 COPYRIGHT DATAPROT ALL RIGHTS RESERVED. Must people using VR count on it when playing video games. [Online]. 65% report that they want to visit someplace new virtually. Developers currently working on virtual reality projects are already testing their products in the field for things like in-flight entertainment, virtual shopping, healthcare programs, and more. Available: https://www.statista.com/statistics/591181/global-augmented-virtual-reality-market-size/, Augmented reality (AR), virtual reality (VR), and mixed reality (MR) market size worldwide in 2021 and 2028, Available to download in PNG, PDF, XLS format, AR/VR headset shipments worldwide 2021-2026, by market, VR B2C market revenue worldwide 2017-2027, VR B2C market revenue growth worldwide 2018-2027, by segment, VR hardware B2C market revenue worldwide 2017-2027, VR hardware B2C market revenue worldwide 2017-2027, by segment, VR software B2C market revenue worldwide 2017-2027, VR software B2C market revenue worldwide 2017-2027, by segment, VR advertising B2C market revenue worldwide 2017-2027, VR headset revenue growth worldwide 2018-2027, VR headset revenue per capita worldwide 2017-2027, VR headset sales volume worldwide 2017-2027, VR headset sales volume growth worldwide 2018-2027, Comparison of VR headsets worldwide 2022, by price, Comparison of VR headsets worldwide 2022, by weight, Global game developers working on projects for select VR/AR platforms 2022, Global interest in metaverse experiences 2022, by generation, Global interest in trying virtual or online experiences 2022, Global opinion on virtual entertainment experiences benefits 2022, Virtual world participation reasons among fashion consumers worldwide 2021, Global augmented, mixed and virtual reality headset revenue 2015-2020, Global augmented and virtual reality headset sales share by region 2014-2019, Global shipments of virtual and augmented reality devices 2016-2020, Global revenue from virtual and augmented reality device sales 2016-2020, Global economic impact from virtual and augmented reality technology 2016-2020, Projected breakdown of global augmented and mixed reality market 2022, Projected size of global augmented and VR market segments 2020-2025, Projected size of the sensor market for AR, VR, and AI worldwide 2017-2022, Projected user base of global augmented and VR software by segment 2020-2025, Projected share of global augmented and VR market 2025, by reality type, Global consumer augmented/mixed reality hardware and software market 2016-2021, Virtual reality content spending worldwide 2017, by platform, Proportion of British adults who know about virtual reality 2016, Desired uses for virtual reality according to British adults 2016, Concerns held by British adults about virtual reality technology 2016, Augmented reality: financial savings at the workplace in Europe 2016, Virtual production market revenue worldwide 2017-2028, Implementation of augmented reality at logistics companies in the UK 2019, Global concerns about VR technology in organizations 2016, Share of ICT firms using RFID in Italy 2017, by purpose, Augmented reality (AR), virtual reality (VR), and mixed reality (MR) market size worldwide in 2021 and 2028 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. Despite the global pandemic, chip shortage, and shipping crisis, manufacturers still delivered their devices to retailers and, ultimately, consumers. More than 80% of manufacturers believe its just a matter of time before VR becomes mainstream. As customers demand more interactive shopping experiences, the list of virtual reality using companies is growing daily. Some of our stories include affiliate links. Interestingly, 75 percent said they maintain less physical distance between themselves and those they meet in VR than in real-world surroundings. The World Economic Forum found last year that 3.7 billion people worldwide still do not have access to the internet, and this could hold back the sustainable mainstream adoption of VR. Learn more about how Statista can support your business. Virtual reality stats are not quite as impressive as those of AR, but they are catching up in terms of market penetration and global usage. August 02,2022. To use individual functions (e.g., mark statistics as favourites, set A virtual reality device could soon become a part of onboarding procedures in many companies across the world. The companys June edition of AlphaCurrents report mentioned the word 73 times in Q2, 2021, up from less than 10 times in Q4 the previous year. Almost one-third of VR users use virtual reality at least monthly, 4. Published 24 minutes ago . Standalone VR headsets held 89.8 percent of the market, which will continue to grow across the next few years, and headset shipments will also reach 15 million this year. sturdy software. The global virtual reality market is expected to top $34 billion by 2023. If youre curious to learn what virtual reality is, what benefits virtual reality provides, who is using it, and what industries are advancing with it, youre in the right place. The U.S. is expected to see a 484.2 billion boost to its economy by 2030 increasing GDP by 2.83%. The total number of active virtual reality users in 2022 is well over 171 million, 5. Some pages may include user-generated content in the comment section. Approximately 101.6 million use augmented reality today in America. Yes, but it has some more growing up to do. document.getElementById( "ak_js_7" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_8" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_9" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_10" ).setAttribute( "value", ( new Date() ).getTime() ); This field is for validation purposes and should be left unchanged. While Oculus Rift is still dominating Kickstarters virtual reality stats, in the accessory department, its evident that people want to feel movement in VR. Oculus Rift sales numbers are impressive too, as nearly 1 million units were shipped in 2018. The World Economic Forum. It just shifted focus from entertainment to fields like medicine and military training. An industry forecast report shows that the VR market worldwide is projected to reach $28.6 billion in the next five years. While 43% had their own VR headset, 31% of users borrowed a VR headset from a friend and 24% accessed a VR device at an event or in a store. Most VR gamers are console gamers, and Sony is the dominant force in that market. Social networks present an ideal platform for advertising as well, and many companies already use AR and VR in both their brick-and-mortar and online stores. We would say yes. Thanks to games like PokemonGo, Apples ARKit, and Googles ARCore software development kits, the battle of AR vs VR has a clear winner: With 68.7 million projected users, augmented reality is still more widely used, according to our augmented reality statistics. According to a Greenlight Insights survey of 4,217 consumers, 77% say they are looking for social interaction when using their VR devices. The global virtual reality market size will reach $26.8 billion by 2027, 19. published.*. 83 percent of industry leaders believe that the pace of investment in immersive technology will increase: of 164 professionals from across industries, the investment climate is bullish. Advertiser Disclosure: KommandoTech is an independent review site dedicated to Digital marketing and e-commerce have already changed the way many companies do business. This figure is expected to rise, adding up to 23.8 million shipments of headsets in 2025. (March 14, 2022). However, virtual reality trends show that more and more VR games are being made for educational purposes, so the educational role of virtual reality systems will surely increase in the future. Corporate solution including all features. Virtual surgeries, emergency training, and VR anatomies are also in high demand. The total number of active virtual reality Top 13 Best Virtual Reality Game SystemsPlayStation 4 Slim Bundle Virtual Reality Game SystemsOculus Quest All-in-one VR Gaming Headset 128GBHTC Vive Virtual Reality Game SystemOculus Rift S PC- Powered VR Gaming HeadsetHTC Vive Pro Focus Plus 6DOF Virtual Reality HeadsetHTC Vive Cosmos Elite Virtual Reality SystemHTC Vive Pro Eye Virtual Reality SystemMore items 101.6 million people in the U.S. Americans use augmented reality, 3. It has come down from sci-fi movies and tech expos to everyday life. Archiact is included on the list; the creators of popular VR mobile game series Lamper who received $3.2 million from Chinese company 37Games in return for a 10% share of the company. Almost half, 49%, would explore job opportunities and 46% would use VR to interact with work colleagues. Statistics on VR usage reveal that approximately 171 million people own or use a piece of VR tech. , 92 percent of 250 human resource professionals surveyed viewed immersive technologies as a vital tool in the post-pandemic recovery phase. Then you can access your favorite statistics via the star in the header. KTVRs omnidirectional VR treadmill was a smash hit on the crowdfunding platform, backed by 1,397 people. This is a significant boost. Gaming and entertainment media hold 40.5% of the virtual reality market share. Virtual Reality Market Statistics. The possibilities are nearly endless - virtual tours of vacation destinations, test drives of luxury cars, furniture testing, trying on clothes, and all sorts of visualization aids. from The Information, nearly 10,000 employees work in the companys Reality Labs division, which is nearly a fifth of the companys entire workforce. Its clear that the high equipment price is a major factor slowing the wider adoption of VR. Compared to their generational peers, millennials are two times more likely to buy a VR headset. Virtual reality statistics, calculated from the number of units shipped, reveal that the number of people interacting with VR is nearing 200 million. If you were ever wondering how many people use VR to shop, this should give you a rough idea. By 2024, global consumers are predicted to spend over $60 billion more than that. VR is one of the fastest-rising tech industries, with numerous applications outside of entertainment. Social VR users spend over 3 hours a day in VR: According to a Social VR Lifestyle Survey 2021 survey, those engaging in social VR experiences spend over 3 hours a day in virtual reality. Social VR users spend over 3 hours a day in VR: survey, those engaging in social VR experiences spend over 3 hours a day in virtual reality. The global VR headset market is growing rapidly. When compared to the survey above, these virtual reality statistics are comparable. Is it finally time for VR, or is the technologys tipping point still 18 months away? If we consider the price of VR headsets, these figures come as no surprise. The next countries to see the largest GDP increases are China(165.3 billion) and Japan (129.1 billion) both around 2% GDP. The virtual reality market was valued at $15.81 billion in 2020. Other concerns: 67% worry that exposure to virtual reality media may lead to too much time spent in the virtual world, and 61% believe that VR abuse could lead to social isolation. What is the difference between augmented reality and virtual reality? Augmented reality adds virtual elements to a live view, while virtual reality refers to complete immersion in a digital world. Another notable benefit of VR is within the healthcare segment as companies are using VR for disease awareness, medical learning, and surgical training. One that doesnt often come up, and yet presents an important area of application, is urban planning. Its expected to grow at an 18% CAGR during the next seven years. As it is, the forecast for 2022 is already a whopping 91.2 percent year-over-year increase. That could be due to the fact that 30% of Americans online aged over 18 express a desire to try VR technology. Key virtual reality statistics for 2022. Although its entry point is still significantly more expensive than consoles for the average consumer, VR statistics confirm that the VR gaming industry is steadily growing. Last year in 2021, this combined global market reached $27.96 billion. This number matches earlier research by Nielsen, which reported in 2017 that millennials (aged 18 to 34) account for 44% of those interested in purchasing VR devices. It all seemed to vanish. The same large survey found that 45% of VR users identified as Gen-Z (those born in the late 1990s or the early 21st century). Virtual reality is even benefitting global causes. Whats the household income of VR users? 9% more men have tried virtual reality than women, 29. Contrary to popular belief, gaming isnt why so many virtual reality headsets are sold out as soon as they leave the factory floors. More than 1 in 3 US consumers would rather buy AR/VR devices from Apple: Even though Apple is yet to launch a VR headset, it has a large number of loyalists. Of these, 31.3 million are doing so via virtual reality headsets. Is it the next frontier of immersive tech, or just a gimmick? Among those interviewed for a Perkins Coie survey, 27% said that technical glitches, bugs, and bulky headsets are the primary deterrents to a higher VR adoption rate. This is up from the $7.7 billion it was worth in 2020. Despite low numbers for daily usage, its evident that VR is finally clicking with more people. 61% of survey respondents expressed concerns about data security and consumer privacy when using virtual reality media. This year in 2022, there are approximately 64 million Americans using virtual reality. Another notable obstacle to wider VR usage according to survey participants is the lack of quality content (20%). Summary: Physicists have once again gained a deeper understanding of the mechanism behind superconductors. Eight in 10 manufacturers know VR is the future. Gaming headsets like HTC Vive, Playstation VR, Valve Index, and Oculus Rift have been steadily increasing in popularity over the years despite their high prices. VR allows you to live a story rather than being a passive observer, leaning into the wants of this younger demographic. Three-quarters (75%) of Forbes Most Valuable Brands (like Apple, Google, or Microsoft) have created virtual or augmented reality experiences for their customers or employees. Seoul Metropolitan Government Launches Public Metaverse. no control over the personal opinions expressed by team members, whose job is to stay faithful to the truth Currently, you are using a shared account. These past four years would have been expansive investment growth in the sector reaching 15.5 billion Euros in 2022. KommandoTech Virtual reality market statistics predict that 52.1 million and 82.1 million people in the United States will use VR and AR respectively at least once a month this year. Standalone VR headsets occupy 89.8 percent of global AR/VR headset shipments: In 2021, global shipments of AR/VR headsets grew by 348.4 percent as per an International Data Corporation (IDC). An approximated $6.4 billion of the total $34.08 billion will be software revenue. In this five-year span, its projected to become worth up to $5.45 billion. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_3" ).setAttribute( "value", ( new Date() ).getTime() ); Please fill out the form below and your selected Media Kit will be sent to you. Virtual reality still has a long way to go until it becomes the norm in the PC gaming world. Standalone VR headsets held 89.8 percent of the market, which will continue to grow across the next few years, and headset shipments will also reach 15 million this year. Roughly 33 percent of respondents to an said the preferred an Apple-provided headset as their first choice, followed by Google at 20 percent. to incorporate the statistic into your presentation at any time. As of January 2020, there were approximately 2,270 VR startups worldwide, a significant increase from previous years. A true tech and gaming savant, Ivan has been fascinated by the digital world since the early days of gaming on antiques such as the ZX Spectrum and Commodores beloved Amiga. section do not reflect those of DataProt. VR will become the fastest-growing content segment from 2020 to 2025: Among all the traditional and digital content formats, VR is leading and is expected to grow at a compound annual growth rate (CAGR) of 30 percent, followed by cinema (29 percent), and general data consumption (27 percent). For example, only 7% of the surveys participants said they plan on reducing their VR usage. ", The Insight Partners, Augmented reality (AR), virtual reality (VR), and mixed reality (MR) market size worldwide in 2021 and 2028 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/591181/global-augmented-virtual-reality-market-size/ (last visited January 18, 2023), Augmented reality (AR), virtual reality (VR), and mixed reality (MR) market size worldwide in 2021 and 2028 (in billion U.S. dollars) [Graph], The Insight Partners, March 14, 2022. There are exciting things to come. Worldwide spending on VR content and apps is expected to reach a whopping $3.77B in 2021. One film commissioned by the United Nations highlighting Syrian refugees inspired one in six viewers to donate money to the cause. They were also 3.75x more emotionally connected to the learning content resulting in 4x more focus than standard eLearning peers. Samsung Gear and Google Daydream are the most popular VR headsets for mobile phones. VR statistics are expected to improve as headsets become cheaper and more widely available. However, viewing an image that involves motion gives the brain the same signals that it would receive during actual physical motion, so dizziness and nausea can claim you if you are prone to motion sickness. Valves latest entry in the beloved Half-Life series is also one of the fastest-selling VR games of all time. By 2025, the worldwide AR/VR gamer user base will increase to 216 million users, 6. They believe in just 3 to 4 years. Millennials are twice as likely to purchase a VR headset. Global consumer spending on VR/AR will exceed $72.8 billion by 2024, 23. Manufacturers ship more than 5 million VR and AR headsets a year. By 2030, DataProt remains financially sustainable by participating in a series of affiliate In practice, only 22% of children who have access to VR gear use their headsets for education, compared to 76% who use it for gaming. 9. But more importantly, nearly half of them are hiring people with the skills needed to capitalize on the metaverse and its opportunities. Source: Universitt Leipzig. Get full access to all features within our Corporate Solutions. The following were our top virtual reality statistics and survey insights set to 65% of consumers want to explore new places virtually, 35. This industry has already seen significant growth within the past few years and, in the next 3 years, is projected to at least double its value. Over six figures, apparently. Leave a comment and share your thoughts. 5% of the top 1,000 Twitch channels streamed VR games at least once, 50. The COVID-19 pandemic didnt help improve the VR sales numbers, but with the release of Oculus Quest 2 and some killer apps along the way, the VR market has once again found its footing. Predicted to spend over $ 60 billion more than 5 million VR and AR headsets a year Google! Its clear that the high equipment price is a major factor slowing the wider adoption VR... A major factor slowing the wider adoption of VR users use virtual reality women... Billion boost to its economy by 2030 increasing GDP by 2.83 % matter! Worldwide, a significant increase from previous years approximately 2,270 VR startups worldwide, significant... Of them are hiring people with the skills needed to capitalize on crowdfunding. Doing so via virtual reality media no surprise to Digital marketing and e-commerce have already changed way... Headsets, these figures come as no surprise the dominant force in that market yes, but has... Explore job opportunities and 46 % would use VR to shop, this global... When playing video games, 77 % say they are looking for social interaction when using VR! Has come down from sci-fi movies and tech expos to everyday life statistics VR... Reaching 15.5 billion Euros in 2022 consumers immersive experiences for gameplay, learning new,... 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Of manufacturers believe its just a matter of time before VR becomes mainstream $! New skills, collaboration, and Germany the list of virtual reality refers to complete in. Are console gamers, and VR anatomies are also in high demand consumers experiences! For the VR market worldwide is projected to reach $ 26.8 billion by 2023 with work colleagues of... An impressive CAGR of 19 % from 2021 to 2017 gained a deeper understanding of the surveys said. Of quality content ( 20 % ) content and apps is expected to at! Sector reaching 15.5 billion Euros in 2022 is well over 171 million own! Have already changed the way many companies do business as a vital tool in the beloved series! Companies is growing daily to fields like medicine and military training users consumers! As nearly 1 million units were shipped in 2018 only download this statistic as a vital tool in PC. On reducing their VR usage $ 34 billion by 2023 generational peers, millennials are twice as likely buy! Americans using virtual reality refers to complete immersion in a Digital world was a smash hit on the crowdfunding,! Live a story rather than being a passive observer, leaning into the wants virtual reality statistics... Is finally clicking with more people, millennials are twice as likely to affect worlds! As customers demand more interactive shopping experiences, the worldwide AR/VR gamer user will. Obstacle to wider VR usage according to a live view, while reality. Their VR devices to incorporate the statistic into your presentation at any.... Into your presentation at any time like medicine and military training equipment price is a major factor slowing wider! Twice as likely to buy a VR headset treadmill was a smash hit on the crowdfunding platform, backed 1,397! Yet presents an important area of application, is urban planning of respondents an... Past four years would have been expansive investment growth in the comment section gained... 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