Despite being a relatively new industry, the virtual reality market is booming across the globe and Africa is no different. While the revenue of the VR video market stood at just 24 million South African rand in 2018, it is expected to soar up to 195 million South African rand by 2023 at a compound annual growth rate of 52.5 percent.
Market value of the virtual reality market in South Africa from 2016 to 2023, by category
(in million South African rand)
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PwC. (October 22, 2019). Market value of the virtual reality market in South Africa from 2016 to 2023, by category (in million South African rand) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1067799/south-africa-value-vr-market-type/
PwC. "Market value of the virtual reality market in South Africa from 2016 to 2023, by category (in million South African rand)." Chart. October 22, 2019. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1067799/south-africa-value-vr-market-type/
PwC. (2019). Market value of the virtual reality market in South Africa from 2016 to 2023, by category (in million South African rand). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1067799/south-africa-value-vr-market-type/
PwC. "Market Value of The Virtual Reality Market in South Africa from 2016 to 2023, by Category (in Million South African Rand)." Statista, Statista Inc., 22 Oct 2019, https://www.statista.com/statistics/1067799/south-africa-value-vr-market-type/
PwC, Market value of the virtual reality market in South Africa from 2016 to 2023, by category (in million South African rand) Statista, https://www.statista.com/statistics/1067799/south-africa-value-vr-market-type/ (last visited December 22, 2024)
Market value of the virtual reality market in South Africa from 2016 to 2023, by category (in million South African rand) [Graph], PwC, October 22, 2019. [Online]. Available: https://www.statista.com/statistics/1067799/south-africa-value-vr-market-type/