Europe Virtual Reality Market Forecast (2016-2027)

Year GERMANY FRANCE UNITED KINGDOM ITALY REST OF EUROPE
2016 $ 0.24 $ 0.11 $ 0.2 $ 0.09 $ 0.13
2017 $ 0.34 $ 0.15 $ 0.27 $ 0.12 $ 0.18
2018 $ 0.48 $ 0.22 $ 0.36 $ 0.17 $ 0.24
2019 $ 0.67 $ 0.31 $ 0.49 $ 0.24 $ 0.33
2020 $ 0.94 $ 0.44 $ 0.67 $ 0.34 $ 0.44
2021 $ 1.33 $ 0.63 $ 0.91 $ 0.48 $ 0.6
2022 $ 1.87 $ 0.91 $ 1.25 $ 0.69 $ 0.81
2023 $ 2.62 $ 1.3 $ 1.7 $ 0.97 $ 1.09
2024 $ 3.58 $ 1.8 $ 2.26 $ 1.34 $ 1.44
2025 $ 4.76 $ 2.45 $ 2.93 $ 1.81 $ 1.84
2026 $ 6.18 $ 3.25 $ 3.72 $ 2.38 $ 2.31
2027 $ 7.86 $ 4.22 $ 4.62 $ 3.07 $ 2.85
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Europe Virtual Reality Market Forecast (2016-2027)

Synopsis
The above chart is Global Virtual Reality market [2016-2027] by Europe

Market Dynamics

Germany accounted for the largest market share in 2017 in the europe virtual reality market, and is expected to reach usd 7.86 billion in 2027 from usd 0.34 billion in 2017. however, france is the fastest growing market, which is expected to grow at a cagr of 38.85% during the forecast period 2018 - 2027. hardware segment accounted for the larger market share in 2017, this market is expected to reach usd 16.08 billion in 2027 from usd 0.81 billion in 2017. this market is projected to grow at a cagr of 34.58% during the forecast period from 2018 - 2027. however, software segment is the fastest growing market, which is expected to grow at a cagr of 38.45% during the forecast period 2018 - 2027. head mounted displays segment accounted for the largest market share in 2017, this market is expected to reach usd 10.77 billion in 2027 from usd 0.52 billion in 2017. this market is projected to grow at a cagr of 35.06% during the forecast period from 2018 - 2027. however, gesture tracking devices segment is the fastest growing market, which is expected to grow at a cagr of 38.11% during the forecast period 2018 - 2027. non immersive segment accounted for the largest market share in 2017, this market is expected to reach usd 5.88 billion in 2027 from usd 0.38 billion in 2017. this market is projected to grow at a cagr of 31.21% during the forecast period from 2018 - 2027. however, fully immersive segment is the fastest growing market, which is expected to grow at a cagr of 38.32% during the forecast period 2018 - 2027. consumer electronics segment accounted for the largest market share in 2017, this market is expected to reach usd 7.79 billion in 2027 from usd 0.26 billion in 2017. this market is projected to grow at a cagr of 40.29% during the forecast period from 2018 - 2027. however, consumer electronics segment is the fastest growing market, which is expected to grow at a cagr of 40.29% during the forecast period 2018 - 2027.

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