Europe: VR hardware revenue 2019-2029

The revenue in the 'VR Hardware' segment of the AR & VR market in Europe was forecast to continuously increase between 2024 and 2029 by in total 1.7 billion euro (+57.43 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 4.64 billion euro and therefore a new peak in 2029. Notably, the revenue of the 'VR Hardware' segment of the AR & VR market was continuously increasing over the past years.

Find more in-depth information regarding the revenue concerning the ar hardware segment of the ar & VR market in the United States and the revenue concerning the ar advertising segment of the ar & VR market in the United States.

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Revenue of the VR hardware industry in Europe 2019-2029 (in billion euros)

Characteristic	Revenue in billion euros
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Supplementary notes

Data provided by Statista Market Insights are estimates.

The VR Hardware market covers headsets and installed units that enable a consumer to dive into the virtual world. These can either be stand-alone units, which are headsets that deliver a video and sound experience, or tethered units. Top-selling headsets include Meta Quest and Oculus Rift. Tethered units, such as PS VR, have to be installed and connected to an external device, such as a PC or gaming console. The market is divided into VR standalone HMD (Head-mounted Display) and VR Tethered HMD. Smartphone equipment, i.e., any type of gadget for phones, is not included.

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