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Virtual Reality (VR) Statistics 2022 - Market Size, Usage & Trends

User Statistics on Virtual Reality

38%

Healthcare industry is projected to experience the most disruption by immersive technologies like virtual reality.

Source: PwC

55%

More than 55% of VR users found the experience extremely or moderately satisfying.

Source: AR Insider

Active VR users in the US currently stands at

57.4 M

Source: eMarketer

AR/VR Market is projected to reach

$1.5 Trillion

Source: Statista

General Statistics on Virtual Reality Market

Recent Involvement of Tech Giants in Virtual Reality Market

Source – Goldan Sachs Global Investment Research

The Rise of VR & AR

As per the economic impact assessment conducted by PwC, by 2030, VR and AR can potentially boost the global economy by to $1.5 trillion from the 46.4 Billion in 2019. The technology can contribute by offering new customer experiences, speeding up product development and improving workplace safety.

Expected GDP contribution of AR/VR Sector – 

  • 2019 – $ 46.4 Billion 
  • 2025 – $ 476.4 Billion
  • 2030 – $ 1.5 Trillion

VR vs AR: Comparing economic contributions

In the below graph, we show a comparison expected GDP contribution of Augmented Reality Technology vs Virtual Reality Technology (Forecast between 2019 to 2030)

Augmented Reality  –

  • 2019 – $ 33 Billion 
  • 2025 – $ 338.1 Billion
  • 2030 – $ 1,092.4 Billion

 

Virtual Reality

  • 2019 – $ 13.5 Billion 
  • 2025 – $ 138.3 Billion
  • 2030 – $ 450.5 Billion

Sectors expected to experience most disruption by immersive technologies like virtual reality

According to a PwC analysis, AR/VR will continue to be a major contributor to the global economy. In 2019, AR was set off at $33bn whereas VR was at $13bn. While the trajectory of AR is set to boost to $338.1bn by 2025, VR is expected to stands at $123.3bn. By 2030, AR will contribute a colossal amount of $1,092.4bn, while VR would contribute approximately $450.5bn. This change in dynamic will lead to a disruption in some sectors.

Enterprise solutions (within immersive technologies) that businesses are most likely to focus on over the next 12 months

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