Virtual Reality Gaming Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global VR Gaming Market Size & Analysis. The market is segmented by Virtual Reality Type (PC, Stand-alone, Console, and Premium Mobile), Virtual Reality in Gaming (Hardware and Software), and Geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Virtual Reality Gaming Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Virtual Reality in Gaming Market Size

VR in Gaming Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 32.75 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration High

Major Players

VR in Gaming Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of VR in Gaming Market with other markets in Technology, Media and Telecom Industry

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Virtual Reality in Gaming Market Analysis

The VR in Gaming Market is expected to register a CAGR of 32.75% during the forecast period.

VR gaming involves a 3D environment that enables the user on a computing device, with the help of a mouse, touch screen, and other components, to feel the physical presence in the game settings. The various accessories associated with VR technology, such as virtual reality headsets, wrap-around display screens, virtual reality rooms equipped with wearable computers, and sensory components, enable gamers to interact, view and move around the objects in the game setting. According to a worldwide survey of technology company executives, startup founders, investors, and consultants, 59% of respondents believe gaming will dominate the investment in VR technology development.

Moreover, VR gaming provides interaction and communication to gamers in the game environment, attracting more children's and gamers, thus driving the market's growth. According to 3Dinsider, more than 64% of active VR users believe that gaming has the highest potential to benefit from advances in VR technology.

The market is creating various jobs related to VR gaming, such as game designers, producers, programmers, artists, business, sales, and marketing roles.

VR headset is gaining traction across the market due to their specific application for games, such as HTC Vive and PlayStation VR. Also, in November last year, Sony Interactive Entertainment announced that PlayStation VR2, a new virtual reality (VR) system for the PlayStation 5 platform, would be released.

With the outbreak of COVID-19, the market for VR gaming witnessed a significant increase in adoption as most countries enforced lockdowns, and people were spending their time on VR gaming during the lockdown.

Many VR gaming providers, such as HTC Viveport, provide games with multiple features. For instance, Viveport Infinity's annual subscription had a 75% off, taking it down from USD 107.88 per year to USD 27.

In October last year, Meta confirmed the launch of a new VR headset. This product would have new capabilities enabled by eye tracking and face tracking, like the capacity to make 'eye contact in virtual reality.'

Virtual Reality in Gaming Industry Overview

Virtual reality in gaming is a consolidated market, owing to the presence of many large players. The market is consolidated with the key players adopting strategies, such as product innovation, to stay ahead of the competition. Some of the players in the market are Oculus VR (Facebook Technologies LLC), HTC Vive, Nintendo Co Limited, and Microsoft Corporation.

In January 2022, Nintendo announced that the company would release its Switch OLED model in mainland China. The Switch OLED launched internationally in 2021, and now the company plans to launch it in China.

Virtual Reality in Gaming Market Leaders

  1. Oculus VR (Facebook Technologies LLC)

  2. HTC Vive

  3. Nintendo Co Limited

  4. Microsoft Corporation

  5. Valve Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Virtual Reality in Gaming Market Concentration
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Virtual Reality in Gaming Market News

  • Nov 2022: Meta launched the XTADIUM app on Meta Quest, bringing the customers closer to their favorite sports in 180-degree VR.
  • Oct 2022: Microsoft announced that the company partnered with Meta to deliver an immersive experience in VR. With this collaboration, both companies will bring Microsoft's productive tools to VR headsets, and Meta will get a partner in its grand metaverse plan.

Virtual Reality in Gaming Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Availability of Compelling and Theme-based Games in the VR Format
    • 4.2.2 Millennial and High-income Groups to Drive Adoption in the Near and Medium-term
    • 4.2.3 Premium Mobile Platform Contributing to the Growth of Market
  • 4.3 Market Restraints
    • 4.3.1 Threshold Related to Visual and Auditory Aspects | High Demand for Mobile AR Gaming
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry
  • 4.5 Impact of COVID-19 on the VR Gaming industry
  • 4.6 Analysis on the Popular Themes in VR Gaming and Top Publishers (Arcade, Adventure, Horror, etc.)
  • 4.7 Comparative Study of AR and VR-based Gaming

5. MARKET SEGMENTATION

  • 5.1 By VR Type
    • 5.1.1 PC
    • 5.1.2 Stand-alone
    • 5.1.3 Console
    • 5.1.4 Cartridges
    • 5.1.5 Premium Mobile
  • 5.2 By VR in Gaming
    • 5.2.1 Hardware
    • 5.2.2 Software
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.2 Europe
    • 5.3.3 Asia-Pacific
    • 5.3.4 Rest of The World

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Oculus VR (Facebook Technologies LLC)
    • 6.1.2 HTC Vive
    • 6.1.3 Valve Corporation
    • 6.1.4 Intel Corporation
    • 6.1.5 Virtuix Omni
    • 6.1.6 Nintendo Co. Limited
    • 6.1.7 Microsoft Corporation
    • 6.1.8 Samsung Corporation
    • 6.1.9 Google LLC
    • 6.1.10 *List not exhaustive
  • *List Not Exhaustive

7. INVESTMENT ANALYSIS

8. FUTURE OF THE MARKET

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Virtual Reality in Gaming Industry Segmentation

The study analyzes the demand for VR in the gaming industry based on historical trends and current scenarios. As VR is expected to find traction among gaming enthusiasts, the study analyzes the key growth influencers and the demand from other forms of extended reality-based technologies (AR and MR). The key segments covered in the study include hardware type and geography.

Virtual Reality in the Gaming Market is segmented by Virtual Reality Type (PC, Stand-alone, Console, and Premium Mobile), Virtual Reality in Gaming (Hardware and Software), and Geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

By VR Type PC
Stand-alone
Console
Cartridges
Premium Mobile
By VR in Gaming Hardware
Software
Geography North America
Europe
Asia-Pacific
Rest of The World
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Virtual Reality in Gaming Market Research FAQs

What is the current VR in Gaming Market size?

The VR in Gaming Market is projected to register a CAGR of 32.75% during the forecast period (2025-2030)

Who are the key players in VR in Gaming Market?

Oculus VR (Facebook Technologies LLC), HTC Vive, Nintendo Co Limited, Microsoft Corporation and Valve Corporation are the major companies operating in the VR in Gaming Market.

Which is the fastest growing region in VR in Gaming Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in VR in Gaming Market?

In 2025, the North America accounts for the largest market share in VR in Gaming Market.

What years does this VR in Gaming Market cover?

The report covers the VR in Gaming Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the VR in Gaming Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

VR in Gaming Industry Report

The Global VR Gaming Market is experiencing significant growth, driven by technological advancements and an increasing demand for immersive gaming experiences. The integration of cloud technology in VR gaming is revolutionizing the industry, enabling quick access to user profiles and alterations in gaming libraries through features like live streaming and unlimited storage. This evolution is making VR gaming more accessible by reducing the need for costly hardware, thereby broadening its market appeal.

The VR game market size is expanding, with the development of VR peripherals such as headsets, bodysuits, and gloves, all supported by compatible computers and gaming consoles. Market segments, particularly headsets, are experiencing rapid growth due to increased investments from hardware manufacturers in VR-compatible devices. The VR gaming industry is segmented into various platforms including MMOs, smartphones, casual web games, and consoles, with the smartphone segment poised for substantial growth due to the rising availability of VR-enabled smartphones and the popularity of mobile gaming.

Regionally, the Asia-Pacific market leads in market share, driven by a growing gaming audience in countries like India, South Korea, and China. The market size and market share are crucial metrics in understanding the industry's landscape. The global market is witnessing a steady growth rate, with industry analysis indicating positive trends. Industry reports and market data highlight the market growth and market value, providing an in-depth market overview and market forecast.

Industry research and industry outlook suggest that the market segmentation and market predictions are aligned with the current industry trends. Market leaders are emerging, and the market review indicates a promising future for the VR gaming industry. The report example and report pdf provide comprehensive industry information, including industry sales, industry size, and industry statistics, essential for research companies and stakeholders looking to capitalize on this burgeoning market.