Connect with us

Technology

Immersive Virtual Reality Market Forecast 2024-2030: Booming Adoption in Gaming, Training, and Simulation | Valuates Reports

Published

2 years ago

on

BANGALORE, India, Feb. 13, 2025 /PRNewswire/ — Immersive Virtual Reality Market is Segmented by Type (Non-Immersion Virtual Reality, Half-Immersion Virtual Reality, Whole-Immersion Virtual Reality), by Application (Entertainment, Engineering, Education, Commercial).

The Immersive Virtual Reality Market was estimated to be worth USD 79 Million in 2023 and is forecast to a readjusted size of USD 281.9 Million by 2030 with a CAGR of 19.6% during the forecast period 2024-2030

Claim Your Free Report: https://reports.valuates.com/request/sample/QYRE-Auto-15D6198/Global_Immersive_Virtual_Reality_Market

Major Factors Driving the Growth of Immersive Virtual Reality Market

The Immersive Virtual Reality Market is poised for substantial growth as consumer demand for interactive and engaging digital experiences continues to rise. Characterized by advanced immersive technologies that enable full sensory engagement, the market spans a wide array of applications including gaming, training, virtual tourism, and interactive entertainment. Continuous expansion in content creation and platform development drives product innovation and enhances user experiences, further boosting adoption. As companies invest in strategic partnerships and diversify their product offerings, immersive VR is becoming increasingly accessible and affordable.

Moreover, growing investments in infrastructure and consumer interest in experiential technologies contribute to market expansion. With a robust pipeline of innovative solutions and a rapidly evolving digital landscape, the Immersive Virtual Reality Market is set to achieve significant global growth, transforming how individuals interact with virtual content and environments.

View Full Report Now! https://reports.valuates.com/market-reports/QYRE-Auto-15D6198/global-immersive-virtual-reality

TRENDS INFLUENCING THE GROWTH OF THE IMMERSIVE VIRTUAL REALITY (VR) MARKET:

Whole-immersion virtual reality drives the growth of the Immersive Virtual Reality Market by delivering an all-encompassing, highly engaging user experience that captivates audiences across entertainment, training, and simulation applications. This approach fully immerses users in a 360-degree digital environment, allowing for seamless interaction with virtual worlds. Whole-immersion systems enable users to feel as though they are physically present within the virtual setting, enhancing the realism and emotional impact of the experience. Such immersive experiences are particularly popular in gaming, virtual tourism, and educational training, where full engagement is critical. The ability to provide a deeply engaging and realistic experience sets whole-immersion VR apart, making it a key driver in attracting investment and consumer interest, thereby contributing to market growth.

Half-immersion virtual reality significantly drives the growth of the Immersive Virtual Reality Market by offering an accessible and cost-effective solution that balances immersion with usability. These systems provide users with a realistic experience without requiring full sensory engagement, making them suitable for a broader range of applications such as training simulations, interactive installations, and educational content. Half-immersion VR typically involves high-quality visuals and limited physical interactivity, reducing the overall complexity and cost compared to full immersion systems. This approach allows more users to access virtual reality experiences without the need for specialized equipment or extensive space requirements. As businesses and consumers look for practical and engaging VR solutions that do not necessitate full-scale immersion, half-immersion VR becomes an attractive option, driving market expansion and diversifying the product offerings in the Immersive Virtual Reality Market.

Entertainment drives the growth of the Immersive Virtual Reality Market by revolutionizing how users interact with digital content, offering dynamic and engaging experiences that blend gaming, storytelling, and interactive media. Immersive VR in entertainment allows users to step into virtual worlds where they can actively participate in narratives, explore fantastical environments, and interact with virtual characters. This level of engagement enhances user satisfaction and creates a memorable experience that traditional media cannot match. Entertainment applications in VR have expanded beyond gaming to include virtual concerts, theme park attractions, and cinematic experiences that are reshaping the industry. As demand for innovative and captivating entertainment options increases, immersive VR technologies become increasingly popular, driving market growth and encouraging further investment in cutting-edge VR content and platforms.

Enhanced user engagement and interactivity are significant factors contributing to the growth of the Immersive Virtual Reality Market. Modern VR systems allow users to interact with digital content in ways that were previously impossible, creating a dynamic and participatory experience. Users can manipulate objects, navigate through virtual spaces, and engage with interactive narratives, which increases overall satisfaction and retention. This level of interactivity not only improves entertainment value but also offers practical applications in training, simulation, and education. As industries recognize the benefits of interactive learning and engagement, the use of immersive VR technologies becomes more widespread. The increased focus on creating truly engaging digital experiences drives the market forward, supporting the growth of immersive VR solutions.

The adoption of immersive virtual reality in education and training is a key driver of market growth. Educational institutions and corporate training programs are increasingly integrating VR to provide interactive, hands-on learning experiences that enhance understanding and retention. Immersive VR simulations enable learners to practice real-world scenarios in a safe, controlled environment, leading to improved skill acquisition and problem-solving abilities. This technology is particularly effective in fields such as medicine, aviation, and engineering, where practical experience is essential. The use of immersive VR for training purposes reduces costs, minimizes risk, and accelerates learning outcomes, making it an attractive option for organizations and educational bodies. The growing demand for innovative educational tools and effective training solutions is thus a significant contributor to market expansion.

The growing popularity of virtual events and social experiences is fueling the expansion of the Immersive Virtual Reality Market. As digital communication and online interactions become increasingly prevalent, VR platforms offer new ways for people to connect, socialize, and participate in events virtually. Immersive VR experiences enable users to attend concerts, conferences, and social gatherings in a virtual space, replicating the energy and interactivity of physical events. This trend has been accelerated by global events and restrictions on physical gatherings, driving investment in virtual event platforms. As more organizations and individuals embrace virtual experiences as a viable alternative to traditional events, the demand for immersive VR solutions continues to rise, contributing to significant market growth.

The expansion of content and platform ecosystems is a driving factor in the growth of the Immersive Virtual Reality Market. As developers create a broader array of immersive experiences—from interactive games and virtual tours to educational programs and live events—consumers have more opportunities to explore and engage with VR content. A diverse content library enhances user interest and adoption, encouraging continuous investment in new and innovative VR applications. Additionally, the emergence of integrated platforms that offer seamless access to a wide range of VR experiences further supports market growth. The expansion of the VR content ecosystem, combined with strategic partnerships among content creators, distributors, and hardware manufacturers, creates a vibrant market environment that fuels the overall growth of immersive virtual reality technologies.

Claim Yours Now! https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-15D6198&lic=single-user 

IMMERSIVE VR MARKET SHARE

North America leads the market, driven by a mature technology ecosystem, high consumer adoption rates, and significant investments in VR content and hardware.

Europe follows closely, with strong government support for digital innovation, a vibrant creative industry, and a high demand for immersive experiences in entertainment and education.

Key Companies:

FacebookGOOGLE INCHTCMicrosoftMagic LeapSAMSUNGWorldVizMarxent LabsUnity TechnologiesSnapCastAR

Purchase Chapters: https://reports.valuates.com/market-reports/QYRE-Auto-15D6198/global-immersive-virtual-reality/1 

SUBSCRIPTION

We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.

DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

CAVE Immersive Virtual Reality System MarketThe VR Education Market was valued at USD 82,000 Million in the year 2024 and is projected to reach a revised size of USD 949240 Million by 2031, growing at a CAGR of 42.5% during the forecast period.The global Virtual Classroom market is projected to grow from USD 9457.1 Million in 2024 to USD 16020 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 9.2% during the forecast period.Immersive Virtual Stores MarketThe global market for Augmented Reality and Virtual Reality Apps was estimated to be worth USD 9870 Million in 2023 and is forecast to a readjusted size of USD 31760 Million by 2030 with a CAGR of 21.4% during the forecast period 2024-2030.The global market for Augmented Reality (AR) and Virtual Reality (VR) in Manufacturing was estimated to be worth USD 8301 Million in 2023 and is forecast to a readjusted size of USD 30150 Million by 2030 with a CAGR of 19.8% during the forecast period 2024-2030.The global Virtual Reality (VR) market was valued at USD 2615 Million in 2023 and is anticipated to reach USD 20570 Million by 2030, witnessing a CAGR of 37.2% during the forecast period 2024-2030.The global market for Augmented Reality and Virtual Reality in Healthcare was estimated to be worth USD 962 Million in 2023 and is forecast to a readjusted size of USD 4364.1 Million by 2030 with a CAGR of 23.6% during the forecast period 2024-2030.The global E-Learning Virtual Reality market is projected to grow from USD 83 Million in 2024 to USD 300.3 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 23.8% during the forecast period.VR Virtual Reality Software MarketThe global market for Virtual Reality Therapy was valued at USD 1116 Million in the year 2024 and is projected to reach a revised size of USD 1626 Million by 2031, growing at a CAGR of 5.6% during the forecast period.

DISCOVER OUR VISION: VISIT ABOUT US!

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

GET A FREE QUOTE

Valuates Reports
sales@valuates.com 
For U.S. Toll Free Call  +1 (425) 388-2538
For IST Call  +91-8040957137

Website: https://reports.valuates.com

Blog: https://valuatestrends.blogspot.com/ 

Pinterest: https://in.pinterest.com/valuatesreports/ 

Twitter: https://twitter.com/valuatesreports 

Facebook: https://www.facebook.com/valuatesreports/ 

YouTube: https://www.youtube.com/@valuatesreports6753 

https://www.facebook.com/valuateskorean 

https://www.facebook.com/valuatesspanish 

https://www.facebook.com/valuatesjapanese 

https://valuatesreportspanish.blogspot.com/ 

https://valuateskorean.blogspot.com/ 

https://valuatesgerman.blogspot.com/ 

https://valuatesreportjapanese.blogspot.com/ 

Logo – https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/immersive-virtual-reality-market-forecast-2024-2030-booming-adoption-in-gaming-training-and-simulation–valuates-reports-302376433.html

Related Topics:
Continue Reading

Technology

Agile Robots Launches Agile ONE SN Humanoid at NVIDIA GTC Berlin and Pilots Humanoids with Audi

Published

40 minutes ago

on

October 27, 2026

By

BERLIN, Oct. 27, 2026 /PRNewswire/ — On 21 October, Agile Robots and NVIDIA launched the research humanoid Agile ONE SN at NVIDIA GTC Berlin. Agile Robots has released its new-generation Diana 7 and Diana 3 arms, both supporting the Franka Control Interface (FCI).

Agile ONE SN: humanoid reference platform

Agile ONE SN is built on the NVIDIA Isaac GR00T development platform. The 1.4-metre, 43-kilogram humanoid has dual WUJI tactile five-finger hands and 71 degrees of freedom in total, runs on NVIDIA Jetson Thor and ships with the GR00T 1.7 open VLA model. Skills developed on it can transfer to the full-size industrial Agile ONE. Availability is planned for early 2027.

Two days earlier, at the Invest in Germany Summit in Berlin, NVIDIA announced plans to invest in Agile Robots.

“Agile ONE SN gives R&D labs around the world a complete humanoid platform that is ready from day one,” said Dr. Zhaopeng Chen, founder and CEO of Agile Robots.

Application: humanoids in Audi’s logistics

Agile Robots, AUDI AG, Dassault Systèmes and NVIDIA also announced a joint project at Audi’s Ingolstadt plant. In the Audi Production Lab, mobile humanoids pick parts from containers and sequence them for final assembly, a task performed around one million times a day. The workcell is first tested in a DELMIA virtual twin accelerated by NVIDIA Omniverse libraries.

Diana 7 and Diana 3: one interface, from lab to industrial payloads

Diana 7 extends Franka Research 3 to higher payloads and reach, while Diana 3 brings the same force-control platform to entry-level research. Both share ±0.05 mm repeatability and 0.5 N relative force-control accuracy, and both support FCI, so Franka Research 3 code moves directly to Diana.

Diana 3 keeps seven degrees of freedom, joint torque sensing and compliant control for precision manipulation, lab automation and sample handling. Diana 7, shown at the 26th China International Industry Fair in Shanghai (12–16 October), offers 7 kg payload and 923 mm reach, and weighs 2 kg less than before.

About Agile Robots

Founded in Munich in 2018 by robotics researchers from the German Aerospace Center (DLR), Agile Robots provides AI-powered robotics solutions and employs more than 3,500 people worldwide. With its subsidiaries BÄR Automation, Franka Robotics, idealworks and Krause Automation, it covers all areas of AI-driven robotics.

For inquiries, please contact us via apac-sales@agile-robots.com and visit our official website at www.agile-robots.com 

CONTACT:
Agile Robots
apac-sales@agile-robots.com 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/agile-robots-launches-agile-one-sn-humanoid-at-nvidia-gtc-berlin-and-pilots-humanoids-with-audi-302920325.html

SOURCE Agile Robots

Continue Reading

Technology

ECOVACS WINBOT W3 OMNI Named to TIME’s Best Inventions of 2026

Published

41 minutes ago

on

October 27, 2026

By

NEW YORK, Oct. 27, 2026 /CNW/ — ECOVACS ROBOTICS, a global leader in home service robotics, is honored to announce that its WINBOT W3 OMNI has been named to TIME’s Best Inventions of 2026 list[1]. This recognition underscores ECOVACS’ leadership in the robotic window cleaning, driven by relentless technological innovation, and highlights how these breakthroughs are reshaping everyday life in meaningful ways.

Acclaimed by TIME for turning the demanding task of cleaning floor-to-ceiling windows into a more effortless experience, WINBOT W3 OMNI builds on ECOVACS’ strong market position in the category, with the company shipping approximately 1.075 million robotic window cleaners in the first half of 2026 and capturing over 50%[2] of the global robotic window cleaner market in 2025. This market leadership is underpinned by ECOVACS’ pioneering role in defining and continuously advancing the robotic window cleaner category. Since introducing WINBOT, ECOVACS has continued to drive user-focused innovations that elevate cleaning performance, simplify the cleaning process, and bring greater autonomy to window care.

For more than two decades, TIME Best Inventions list recognizes groundbreaking innovations with the potential to change how we live, work, play, and think about what’s possible. Selected through a rigorous editorial process, ECOVACS WINBOT W3 OMNI earns its place on TIME’s Best Inventions of 2026 list, recognized for its originality, efficacy, ambition, and impact.

WINBOT’s recognition by TIME as one of the Best Inventions reflects more than a single product breakthrough. It is built on ECOVACS’ years of technological expertise, extensive patent portfolio and ability to leverage core technologies across robotics, sensing, algorithms and intelligent manufacturing. With more than 3,100 patents granted and over RMB 5.2 billion invested in R&D since 2018, ECOVACS has established a strong technological foundation for translating its broader robotics capabilities into innovations tailored to the unique challenges of window cleaning. This accumulated expertise enables the continuous evolution of WINBOT, helping advance the category and deliver increasingly intelligent, reliable and effective cleaning experiences.

Showcasing ECOVACS’ innovation prowess, WINBOT W3 OMNI features a revolutionary station equipped with Vortex Wash, the industry’s first contact-free wiping pad washing system that eliminates the hassle of hand-washing dirty pads. Combined with the TruEdge scrubber, which brings precise edge-to-edge cleaning with millimeter-level accuracy, WINBOT W3 OMNI delivers a more thorough, hands-off cleaning experience.

Beyond WINBOT, ECOVACS is bringing robotics to more corners of everyday life through its expanding multi-category portfolio, from indoor floor care to outdoor pool cleaning and lawn maintenance, to make daily life easier and give people more time for what matters most.

About ECOVACS ROBOTICS:

Founded in 2006, ECOVACS ROBOTICS is a global leader in home service robotics with a diverse portfolio of products encompassing robotic vacuum cleaners and robotic window cleaners. With its expansion into robotic lawn mowers, commercial cleaning robots, robotic pool cleaners and robotic pet companions, ECOVACS solidified its position as a multi-category leader in home service robotics.

Guided by the vision “Robotics for All”, ECOVACS continues to advance technology and enhance the user experience to make life smarter and more stylish for consumers worldwide. With sales subsidiaries in Germany, the United States, Japan, and Singapore, ECOVACS products reach nearly 180 major markets and serve over 38 million households globally.

A testament to this market leadership, ECOVACS ROBOTICS has ranked first in China’s robotic vacuum cleaner market by share for ten consecutive years (2015-2024).

View original content to download multimedia:https://www.prnewswire.com/news-releases/ecovacs-winbot-w3-omni-named-to-times-best-inventions-of-2026-302920327.html

SOURCE ECOVACS ROBOTICS

Continue Reading

Technology

Compal and ARC Cloud Forge Strategic Partnership to Accelerate Large-Scale AI Infrastructure

Published

41 minutes ago

on

October 27, 2026

By

The MOU outlines a global strategic collaboration spanning advanced AI computing systems, high-performance GPU clusters and next-generation data center infrastructure.

SAN JOSE, Calif., Oct. 27, 2026 /PRNewswire/ — Compal Electronics, Inc. (TWSE: 2324) (“Compal”) and ARC Cloud today announced the signing of a Memorandum of Understanding (MOU) to advance their strategic collaboration in large-scale AI computing infrastructure.

Signed during the 2026 OCP Global Summit, the MOU establishes a framework for collaboration across multiple projects. As part of their broader collaboration, the companies will explore opportunities related to a data center development roadmap of up to 100 MW. The partnership also aligns with ARC Cloud’s plans for continued expansion through significant capital investments in AI infrastructure and data center development across the United States, including California, Nevada, Texas and Georgia.

The collaboration brings together Compal’s advanced AI server technologies and manufacturing expertise with ARC Cloud’s end-to-end capabilities in AI infrastructure investment and the design, deployment and operation of large-scale GPU clusters.

The partnership extends beyond AI server supply to encompass system engineering, technical validation, deployment coordination and ongoing support. By aligning advanced computing technologies with infrastructure requirements, the companies aim to accelerate the delivery of computing capacity for AI model training, fine-tuning and inference.

“AI computing is moving toward increasingly integrated, high-density systems that require closer coordination between technology manufacturers and infrastructure providers,” said Alan Chang, Vice President of Infrastructure Systems Business Group (ISBU) at Compal. “Our partnership with ARC Cloud allows us to build on our engineering strengths and explore new opportunities to support the growing NeoCloud market.”

How the Companies Will Work Together

Under the MOU, Compal will contribute its expertise in AI server manufacturing, rack-scale integration and liquid-cooling technologies. ARC Cloud will bring its capabilities in infrastructure investment, strategic technology partnerships, and the engineering and operation of high-performance GPU clusters.

The companies will work to align system configurations, production schedules and data center deployment requirements, while exploring cooperation in joint engineering, system validation and lifecycle technical support. These efforts are intended to improve deployment efficiency and operational readiness as AI computing environments grow in scale and complexity.

“AI customers need more than access to GPUs. They need computing environments that can deliver consistent performance for demanding workloads,” said William Tiah, Co-Founder of ARC Cloud. “Working with Compal allows us to bring system engineering and infrastructure planning closer together, helping us build and operate reliable GPU clusters as demand for AI computing continues to grow.”

About Compal

Founded in 1984, Compal is a leading global manufacturer of computers and smart devices and a Forbes Global 2000 company, partnering with top-tier brands worldwide. The company has expanded into cloud servers, automotive electronics, smart medical and healthcare, and advanced communication solutions. Headquartered in Taipei, Taiwan, Compal operates globally across the U.S., Taiwan, China, Vietnam, Mexico, Brazil, and Poland. Website: https://www.compal.com

About ARC Cloud

ARC Cloud (Accelerated Research Computing) is a U.S.-based, full-stack NeoCloud company specializing in the investment, development and operation of large-scale AI computing infrastructure. With end-to-end capabilities spanning data center development, GPU cluster design and deployment, infrastructure orchestration and operations, and cloud-based AI services, ARC Cloud provides dedicated GPU compute, managed infrastructure, model deployment and production inference for AI developers, enterprises and cloud service providers. Website: https://arccloudai.com

Forward-Looking Statements

The MOU establishes a framework for cooperation and does not constitute a binding investment or purchase commitment. The potential 100 MW data center development roadmap referenced in this announcement is exploratory and does not represent a confirmed project, capacity commitment, purchase commitment or revenue forecast. Specific projects, capacity, commercial terms and timelines remain subject to further agreements and applicable conditions. Actual outcomes may differ from current expectations.

View original content to download multimedia:https://www.prnewswire.com/news-releases/compal-and-arc-cloud-forge-strategic-partnership-to-accelerate-large-scale-ai-infrastructure-302920332.html

SOURCE Compal Electronics, Inc.

Continue Reading

Trending