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PUBLISHER: KBV Research | PRODUCT CODE: 1593736
PUBLISHER: KBV Research | PRODUCT CODE: 1593736
LAMEA AI in Virtual Reality Market Size, Share & Trends Analysis Report By Technology, By Platform, By Application, By Country and Growth Forecast, 2024 - 2031
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PAGES: 151 Pages
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The Latin America, Middle East and Africa AI in Virtual Reality Market would witness market growth of 44.4% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA AI in Virtual Reality Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,372.2 million by 2031. The Argentina market is showcasing a CAGR of 45.5% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 44% during (2024 - 2031).
AI-driven virtual assistants, integrated into VR shopping experiences, offer a personalized concierge service for online shoppers. These smart assistants can guide customers through a virtual store, help them find products, compare prices, and suggest complementary items.
Moreover, by using machine learning, these assistants can learn each customer's preferences and buying behavior, becoming more effective over time. In virtual stores, AI assistants can interact with customers in real-time, answering queries and offering tailored recommendations, just as a personal shopper might in a physical store.
The substantial financial investments made by the Saudi government in healthcare IT and digital transformation play a pivotal role in advancing AI in VR. The Kingdom's focus on transforming its healthcare system into a more digitized and AI-driven ecosystem has led to various projects to improve patient care, increase operational efficiency, and enhance the overall healthcare experience. These investments are fueling the adoption of AI technologies within virtual reality applications, particularly in training, patient care, and remote healthcare services.
Based on Technology, the market is segmented into Computer Vision, Machine Learning & Deep Learning, Natural Language Processing (NLP), and Gesture, Speech Recognition & Others. Based on Platform, the market is segmented into Head-Mounted Displays (HMDs), Desktop Computers & Consoles, Mobile Devices, Projectors & Smart Glasses, and Wearables & Body Tracking Devices. Based on Application, the market is segmented into Gaming & Entertainment, Education & Training, Healthcare & Medical, Retail & E-commerce, Social Media & Communication, Industrial & Manufacturing, Tourism & Travel, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Microsoft Corporation
- HTC Corporation
- Meta Platforms, Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
- Sony Corporation
- Unity Software Inc.
- Magic Leap, Inc.
- Apple, Inc.
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- Google LLC
LAMEA AI in Virtual Reality Market Report Segmentation
By Technology
- Computer Vision
- Machine Learning & Deep Learning
- Natural Language Processing (NLP)
- Gesture, Speech Recognition & Others
By Platform
- Head-Mounted Displays (HMDs)
- Desktop Computers & Consoles
- Mobile Devices
- Projectors & Smart Glasses
- Wearables & Body Tracking Devices
By Application
- Gaming & Entertainment
- Education & Training
- Healthcare & Medical
- Retail & E-commerce
- Social Media & Communication
- Industrial & Manufacturing
- Tourism & Travel
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA AI in Virtual Reality Market, by Technology
- 1.4.2 LAMEA AI in Virtual Reality Market, by Platform
- 1.4.3 LAMEA AI in Virtual Reality Market, by Application
- 1.4.4 LAMEA AI in Virtual Reality Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2023, Jan - 2024, Sep) Leading Players
- 4.5 Porter Five Forces Analysis
Chapter 5. LAMEA AI in Virtual Reality Market by Technology
- 5.1 LAMEA Computer Vision Market by Country
- 5.2 LAMEA Machine Learning & Deep Learning Market by Country
- 5.3 LAMEA Natural Language Processing (NLP) Market by Country
- 5.4 LAMEA Gesture, Speech Recognition & Others Market by Country
Chapter 6. LAMEA AI in Virtual Reality Market by Platform
- 6.1 LAMEA Head-Mounted Displays (HMDs) Market by Country
- 6.2 LAMEA Desktop Computers & Consoles Market by Country
- 6.3 LAMEA Mobile Devices Market by Country
- 6.4 LAMEA Projectors & Smart Glasses Market by Country
- 6.5 LAMEA Wearables & Body Tracking Devices Market by Country
Chapter 7. LAMEA AI in Virtual Reality Market by Application
- 7.1 LAMEA Gaming & Entertainment Market by Country
- 7.2 LAMEA Education & Training Market by Country
- 7.3 LAMEA Healthcare & Medical Market by Country
- 7.4 LAMEA Retail & E-commerce Market by Country
- 7.5 LAMEA Social Media & Communication Market by Country
- 7.6 LAMEA Industrial & Manufacturing Market by Country
- 7.7 LAMEA Tourism & Travel Market by Country
- 7.8 LAMEA Others Market by Country
Chapter 8. LAMEA AI in Virtual Reality Market by Country
- 8.1 Brazil AI in Virtual Reality Market
- 8.1.1 Brazil AI in Virtual Reality Market by Technology
- 8.1.2 Brazil AI in Virtual Reality Market by Platform
- 8.1.3 Brazil AI in Virtual Reality Market by Application
- 8.2 Argentina AI in Virtual Reality Market
- 8.2.1 Argentina AI in Virtual Reality Market by Technology
- 8.2.2 Argentina AI in Virtual Reality Market by Platform
- 8.2.3 Argentina AI in Virtual Reality Market by Application
- 8.3 UAE AI in Virtual Reality Market
- 8.3.1 UAE AI in Virtual Reality Market by Technology
- 8.3.2 UAE AI in Virtual Reality Market by Platform
- 8.3.3 UAE AI in Virtual Reality Market by Application
- 8.4 Saudi Arabia AI in Virtual Reality Market
- 8.4.1 Saudi Arabia AI in Virtual Reality Market by Technology
- 8.4.2 Saudi Arabia AI in Virtual Reality Market by Platform
- 8.4.3 Saudi Arabia AI in Virtual Reality Market by Application
- 8.5 South Africa AI in Virtual Reality Market
- 8.5.1 South Africa AI in Virtual Reality Market by Technology
- 8.5.2 South Africa AI in Virtual Reality Market by Platform
- 8.5.3 South Africa AI in Virtual Reality Market by Application
- 8.6 Nigeria AI in Virtual Reality Market
- 8.6.1 Nigeria AI in Virtual Reality Market by Technology
- 8.6.2 Nigeria AI in Virtual Reality Market by Platform
- 8.6.3 Nigeria AI in Virtual Reality Market by Application
- 8.7 Rest of LAMEA AI in Virtual Reality Market
- 8.7.1 Rest of LAMEA AI in Virtual Reality Market by Technology
- 8.7.2 Rest of LAMEA AI in Virtual Reality Market by Platform
- 8.7.3 Rest of LAMEA AI in Virtual Reality Market by Application
Chapter 9. Company Profiles
- 9.1 Microsoft Corporation
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.5.2 Product Launches and Product Expansions:
- 9.1.6 SWOT Analysis
- 9.2 HTC Corporation
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Research & Development Expenses
- 9.2.4 Recent strategies and developments:
- 9.2.4.1 Partnerships, Collaborations, and Agreements:
- 9.2.4.2 Product Launches and Product Expansions:
- 9.2.5 SWOT Analysis
- 9.3 Meta Platforms, Inc.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segment and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Product Launches and Product Expansions:
- 9.3.6 SWOT Analysis
- 9.4 Samsung Electronics Co., Ltd. (Samsung Group)
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 SWOT Analysis
- 9.5 Sony Corporation
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 SWOT Analysis
- 9.6 Unity Software, Inc.
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.7 Magic Leap, Inc.
- 9.7.1 Company Overview
- 9.7.2 Recent strategies and developments:
- 9.7.2.1 Product Launches and Product Expansions:
- 9.7.3 SWOT Analysis
- 9.8 Apple, Inc.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Regional Analysis
- 9.8.4 Research & Development Expense
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Product Launches and Product Expansions:
- 9.8.6 SWOT Analysis
- 9.9 Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expense
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Product Launches and Product Expansions:
- 9.9.6 SWOT Analysis
- 9.10. Google LLC (Alphabet Inc.)
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expense
- 9.10.5 Recent strategies and developments:
- 9.10.5.1 Partnerships, Collaborations, and Agreements:
- 9.10.6 SWOT Analysis
LIST OF TABLES
- TABLE 1 LAMEA AI in Virtual Reality Market, 2020 - 2023, USD Million
- TABLE 2 LAMEA AI in Virtual Reality Market, 2024 - 2031, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- AI in Virtual Reality Market
- TABLE 4 Product Launches And Product Expansions- AI in Virtual Reality Market
- TABLE 5 LAMEA AI in Virtual Reality Market by Technology, 2020 - 2023, USD Million
- TABLE 6 LAMEA AI in Virtual Reality Market by Technology, 2024 - 2031, USD Million
- TABLE 7 LAMEA Computer Vision Market by Country, 2020 - 2023, USD Million
- TABLE 8 LAMEA Computer Vision Market by Country, 2024 - 2031, USD Million
- TABLE 9 LAMEA Machine Learning & Deep Learning Market by Country, 2020 - 2023, USD Million
- TABLE 10 LAMEA Machine Learning & Deep Learning Market by Country, 2024 - 2031, USD Million
- TABLE 11 LAMEA Natural Language Processing (NLP) Market by Country, 2020 - 2023, USD Million
- TABLE 12 LAMEA Natural Language Processing (NLP) Market by Country, 2024 - 2031, USD Million
- TABLE 13 LAMEA Gesture, Speech Recognition & Others Market by Country, 2020 - 2023, USD Million
- TABLE 14 LAMEA Gesture, Speech Recognition & Others Market by Country, 2024 - 2031, USD Million
- TABLE 15 LAMEA AI in Virtual Reality Market by Platform, 2020 - 2023, USD Million
- TABLE 16 LAMEA AI in Virtual Reality Market by Platform, 2024 - 2031, USD Million
- TABLE 17 LAMEA Head-Mounted Displays (HMDs) Market by Country, 2020 - 2023, USD Million
- TABLE 18 LAMEA Head-Mounted Displays (HMDs) Market by Country, 2024 - 2031, USD Million
- TABLE 19 LAMEA Desktop Computers & Consoles Market by Country, 2020 - 2023, USD Million
- TABLE 20 LAMEA Desktop Computers & Consoles Market by Country, 2024 - 2031, USD Million
- TABLE 21 LAMEA Mobile Devices Market by Country, 2020 - 2023, USD Million
- TABLE 22 LAMEA Mobile Devices Market by Country, 2024 - 2031, USD Million
- TABLE 23 LAMEA Projectors & Smart Glasses Market by Country, 2020 - 2023, USD Million
- TABLE 24 LAMEA Projectors & Smart Glasses Market by Country, 2024 - 2031, USD Million
- TABLE 25 LAMEA Wearables & Body Tracking Devices Market by Country, 2020 - 2023, USD Million
- TABLE 26 LAMEA Wearables & Body Tracking Devices Market by Country, 2024 - 2031, USD Million
- TABLE 27 LAMEA AI in Virtual Reality Market by Application, 2020 - 2023, USD Million
- TABLE 28 LAMEA AI in Virtual Reality Market by Application, 2024 - 2031, USD Million
- TABLE 29 LAMEA Gaming & Entertainment Market by Country, 2020 - 2023, USD Million
- TABLE 30 LAMEA Gaming & Entertainment Market by Country, 2024 - 2031, USD Million
- TABLE 31 LAMEA Education & Training Market by Country, 2020 - 2023, USD Million
- TABLE 32 LAMEA Education & Training Market by Country, 2024 - 2031, USD Million
- TABLE 33 LAMEA Healthcare & Medical Market by Country, 2020 - 2023, USD Million
- TABLE 34 LAMEA Healthcare & Medical Market by Country, 2024 - 2031, USD Million
- TABLE 35 LAMEA Retail & E-commerce Market by Country, 2020 - 2023, USD Million
- TABLE 36 LAMEA Retail & E-commerce Market by Country, 2024 - 2031, USD Million
- TABLE 37 LAMEA Social Media & Communication Market by Country, 2020 - 2023, USD Million
- TABLE 38 LAMEA Social Media & Communication Market by Country, 2024 - 2031, USD Million
- TABLE 39 LAMEA Industrial & Manufacturing Market by Country, 2020 - 2023, USD Million
- TABLE 40 LAMEA Industrial & Manufacturing Market by Country, 2024 - 2031, USD Million
- TABLE 41 LAMEA Tourism & Travel Market by Country, 2020 - 2023, USD Million
- TABLE 42 LAMEA Tourism & Travel Market by Country, 2024 - 2031, USD Million
- TABLE 43 LAMEA Others Market by Country, 2020 - 2023, USD Million
- TABLE 44 LAMEA Others Market by Country, 2024 - 2031, USD Million
- TABLE 45 LAMEA AI in Virtual Reality Market by Country, 2020 - 2023, USD Million
- TABLE 46 LAMEA AI in Virtual Reality Market by Country, 2024 - 2031, USD Million
- TABLE 47 Brazil AI in Virtual Reality Market, 2020 - 2023, USD Million
- TABLE 48 Brazil AI in Virtual Reality Market, 2024 - 2031, USD Million
- TABLE 49 Brazil AI in Virtual Reality Market by Technology, 2020 - 2023, USD Million
- TABLE 50 Brazil AI in Virtual Reality Market by Technology, 2024 - 2031, USD Million
- TABLE 51 Brazil AI in Virtual Reality Market by Platform, 2020 - 2023, USD Million
- TABLE 52 Brazil AI in Virtual Reality Market by Platform, 2024 - 2031, USD Million
- TABLE 53 Brazil AI in Virtual Reality Market by Application, 2020 - 2023, USD Million
- TABLE 54 Brazil AI in Virtual Reality Market by Application, 2024 - 2031, USD Million
- TABLE 55 Argentina AI in Virtual Reality Market, 2020 - 2023, USD Million
- TABLE 56 Argentina AI in Virtual Reality Market, 2024 - 2031, USD Million
- TABLE 57 Argentina AI in Virtual Reality Market by Technology, 2020 - 2023, USD Million
- TABLE 58 Argentina AI in Virtual Reality Market by Technology, 2024 - 2031, USD Million
- TABLE 59 Argentina AI in Virtual Reality Market by Platform, 2020 - 2023, USD Million
- TABLE 60 Argentina AI in Virtual Reality Market by Platform, 2024 - 2031, USD Million
- TABLE 61 Argentina AI in Virtual Reality Market by Application, 2020 - 2023, USD Million
- TABLE 62 Argentina AI in Virtual Reality Market by Application, 2024 - 2031, USD Million
- TABLE 63 UAE AI in Virtual Reality Market, 2020 - 2023, USD Million
- TABLE 64 UAE AI in Virtual Reality Market, 2024 - 2031, USD Million
- TABLE 65 UAE AI in Virtual Reality Market by Technology, 2020 - 2023, USD Million
- TABLE 66 UAE AI in Virtual Reality Market by Technology, 2024 - 2031, USD Million
- TABLE 67 UAE AI in Virtual Reality Market by Platform, 2020 - 2023, USD Million
- TABLE 68 UAE AI in Virtual Reality Market by Platform, 2024 - 2031, USD Million
- TABLE 69 UAE AI in Virtual Reality Market by Application, 2020 - 2023, USD Million
- TABLE 70 UAE AI in Virtual Reality Market by Application, 2024 - 2031, USD Million
- TABLE 71 Saudi Arabia AI in Virtual Reality Market, 2020 - 2023, USD Million
- TABLE 72 Saudi Arabia AI in Virtual Reality Market, 2024 - 2031, USD Million
- TABLE 73 Saudi Arabia AI in Virtual Reality Market by Technology, 2020 - 2023, USD Million
- TABLE 74 Saudi Arabia AI in Virtual Reality Market by Technology, 2024 - 2031, USD Million
- TABLE 75 Saudi Arabia AI in Virtual Reality Market by Platform, 2020 - 2023, USD Million
- TABLE 76 Saudi Arabia AI in Virtual Reality Market by Platform, 2024 - 2031, USD Million
- TABLE 77 Saudi Arabia AI in Virtual Reality Market by Application, 2020 - 2023, USD Million
- TABLE 78 Saudi Arabia AI in Virtual Reality Market by Application, 2024 - 2031, USD Million
- TABLE 79 South Africa AI in Virtual Reality Market, 2020 - 2023, USD Million
- TABLE 80 South Africa AI in Virtual Reality Market, 2024 - 2031, USD Million
- TABLE 81 South Africa AI in Virtual Reality Market by Technology, 2020 - 2023, USD Million
- TABLE 82 South Africa AI in Virtual Reality Market by Technology, 2024 - 2031, USD Million
- TABLE 83 South Africa AI in Virtual Reality Market by Platform, 2020 - 2023, USD Million
- TABLE 84 South Africa AI in Virtual Reality Market by Platform, 2024 - 2031, USD Million
- TABLE 85 South Africa AI in Virtual Reality Market by Application, 2020 - 2023, USD Million
- TABLE 86 South Africa AI in Virtual Reality Market by Application, 2024 - 2031, USD Million
- TABLE 87 Nigeria AI in Virtual Reality Market, 2020 - 2023, USD Million
- TABLE 88 Nigeria AI in Virtual Reality Market, 2024 - 2031, USD Million
- TABLE 89 Nigeria AI in Virtual Reality Market by Technology, 2020 - 2023, USD Million
- TABLE 90 Nigeria AI in Virtual Reality Market by Technology, 2024 - 2031, USD Million
- TABLE 91 Nigeria AI in Virtual Reality Market by Platform, 2020 - 2023, USD Million
- TABLE 92 Nigeria AI in Virtual Reality Market by Platform, 2024 - 2031, USD Million
- TABLE 93 Nigeria AI in Virtual Reality Market by Application, 2020 - 2023, USD Million
- TABLE 94 Nigeria AI in Virtual Reality Market by Application, 2024 - 2031, USD Million
- TABLE 95 Rest of LAMEA AI in Virtual Reality Market, 2020 - 2023, USD Million
- TABLE 96 Rest of LAMEA AI in Virtual Reality Market, 2024 - 2031, USD Million
- TABLE 97 Rest of LAMEA AI in Virtual Reality Market by Technology, 2020 - 2023, USD Million
- TABLE 98 Rest of LAMEA AI in Virtual Reality Market by Technology, 2024 - 2031, USD Million
- TABLE 99 Rest of LAMEA AI in Virtual Reality Market by Platform, 2020 - 2023, USD Million
- TABLE 100 Rest of LAMEA AI in Virtual Reality Market by Platform, 2024 - 2031, USD Million
- TABLE 101 Rest of LAMEA AI in Virtual Reality Market by Application, 2020 - 2023, USD Million
- TABLE 102 Rest of LAMEA AI in Virtual Reality Market by Application, 2024 - 2031, USD Million
- TABLE 103 Key Information - Microsoft Corporation
- TABLE 104 Key Information - HTC Corporation
- TABLE 105 Key Information - Meta Platforms, Inc.
- TABLE 106 Key Information - Samsung Electronics Co., Ltd.
- TABLE 107 Key Information - Sony Corporation
- TABLE 108 Key Information - Unity Software, Inc.
- TABLE 109 Key Information - Magic Leap, Inc.
- TABLE 110 Key Information - Apple, Inc.
- TABLE 111 Key Information - Qualcomm Incorporated
- TABLE 112 Key Information - Google LLC
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