PUBLISHER: KBV Research | PRODUCT CODE: 1649356
PUBLISHER: KBV Research | PRODUCT CODE: 1649356
Asia Pacific Virtual Tour Market Size, Share & Trends Analysis Report By Technology (Semi & Fully Immersive, and Non-immersive), By Component, By Application, By Country and Growth Forecast, 2024 - 2031
The Asia Pacific Virtual Tour Market would witness market growth of 30.5% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Virtual Tour Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $642.7 million by 2031. The Japan market is registering a CAGR of 29.7% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 31.4% during (2024 - 2031).
The adoption of these tours has accelerated due to multiple factors. Improved VR and AR hardware, such as headsets and smartphones, has made these tours more accessible and immersive. The availability of high-speed internet, 5G connectivity, and cloud computing has also facilitated seamless delivery. These tours enable businesses to cater to an international audience without requiring physical visits, making them particularly attractive in industries such as tourism and retail.
Also, the COVID-19 pandemic significantly boosted the demand for virtual experiences as physical access to locations became limited. Industries such as real estate and education leaned heavily on these tours to maintain operations. The cost of creating these tours has decreased with the advent of affordable 360-degree cameras, AI-based software, and self-service platforms, encouraging small and medium businesses to adopt the technology.
Australia is promising an emerging growth for these tours, driven by a rising familiarity and acceptance of extended reality (XR) technologies, including VR and AR. According to an April-May 2022 Ipsos survey for the World Economic Forum, 46% of Australians surveyed were familiar with the metaverse, with VR familiarity at 80% and AR familiarity at 51%. This widespread familiarity with XR technologies indicates a solid foundation for adopting these tours. As Australians become more accustomed to VR and AR applications, there is a growing willingness to explore these technologies for various purposes. Virtual tours, which leverage these immersive technologies to offer interactive and detailed experiences, are well-positioned to cater to the evolving needs of Australian consumers increasingly engaging with XR in their everyday lives. Therefore, the rising above factors drive the growth of the market.
Based on Technology, the market is segmented into Semi & Fully Immersive, and Non-immersive. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Application, the market is segmented into Real Estate, Tourism & Hospitality, Art Galleries & Museums, and Other Application. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Matterport, Inc.
- Kuula, Inc.
- RTV, Inc.
- Concept3D, Inc.
- Eye Revolution Ltd.
- CloudPano
- Eyespy360 Ltd.
- Blue Raven Studios
- 360 Pano VR Solutions Private Limited
Asia Pacific Virtual Tour Market Report Segmentation
By Technology
- Semi & Fully Immersive
- Non-immersive
By Component
- Hardware
- Software
- Services
By Application
- Real Estate
- Tourism & Hospitality
- Art Galleries & Museums
- Other Application
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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 Asia Pacific Virtual Tour Market, by Technology
- 1.4.2 Asia Pacific Virtual Tour Market, by Component
- 1.4.3 Asia Pacific Virtual Tour Market, by Application
- 1.4.4 Asia Pacific Virtual Tour Market, by Geography
- 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
- 3.3 Porter Five Forces Analysis
Chapter 4. Asia Pacific Virtual Tour Market by Technology
- 4.1 Asia Pacific Semi & Fully Immersive Market by Country
- 4.2 Asia Pacific Non-immersive Market by Country
Chapter 5. Asia Pacific Virtual Tour Market by Component
- 5.1 Asia Pacific Hardware Market by Country
- 5.2 Asia Pacific Software Market by Country
- 5.3 Asia Pacific Services Market by Country
Chapter 6. Asia Pacific Virtual Tour Market by Application
- 6.1 Asia Pacific Real Estate Market by Country
- 6.2 Asia Pacific Tourism & Hospitality Market by Country
- 6.3 Asia Pacific Art Galleries & Museums Market by Country
- 6.4 Asia Pacific Other Application Market by Country
Chapter 7. Asia Pacific Virtual Tour Market by Country
- 7.1 China Virtual Tour Market
- 7.1.1 China Virtual Tour Market by Technology
- 7.1.2 China Virtual Tour Market by Component
- 7.1.3 China Virtual Tour Market by Application
- 7.2 Japan Virtual Tour Market
- 7.2.1 Japan Virtual Tour Market by Technology
- 7.2.2 Japan Virtual Tour Market by Component
- 7.2.3 Japan Virtual Tour Market by Application
- 7.3 India Virtual Tour Market
- 7.3.1 India Virtual Tour Market by Technology
- 7.3.2 India Virtual Tour Market by Component
- 7.3.3 India Virtual Tour Market by Application
- 7.4 South Korea Virtual Tour Market
- 7.4.1 South Korea Virtual Tour Market by Technology
- 7.4.2 South Korea Virtual Tour Market by Component
- 7.4.3 South Korea Virtual Tour Market by Application
- 7.5 Singapore Virtual Tour Market
- 7.5.1 Singapore Virtual Tour Market by Technology
- 7.5.2 Singapore Virtual Tour Market by Component
- 7.5.3 Singapore Virtual Tour Market by Application
- 7.6 Malaysia Virtual Tour Market
- 7.6.1 Malaysia Virtual Tour Market by Technology
- 7.6.2 Malaysia Virtual Tour Market by Component
- 7.6.3 Malaysia Virtual Tour Market by Application
- 7.7 Rest of Asia Pacific Virtual Tour Market
- 7.7.1 Rest of Asia Pacific Virtual Tour Market by Technology
- 7.7.2 Rest of Asia Pacific Virtual Tour Market by Component
- 7.7.3 Rest of Asia Pacific Virtual Tour Market by Application
Chapter 8. Company Profiles
- 8.1 Matterport, Inc.
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.2 Kuula, Inc.
- 8.2.1 Company Overview
- 8.3 RTV, Inc.
- 8.3.1 Company Overview
- 8.4 Concept3D, Inc.
- 8.4.1 Company Overview
- 8.5 Eye Revolution Ltd.
- 8.5.1 Company Overview
- 8.6 CloudPano
- 8.6.1 Company Overview
- 8.7 EyeSpy360 Ltd.
- 8.7.1 Company Overview
- 8.8 Blue Raven Studios
- 8.8.1 Company Overview
- 8.9 360Pano VR Solutions Private Limited
- 8.9.1 Company Overview
LIST OF TABLES
- TABLE 1 Asia Pacific Virtual Tour Market, 2020 - 2023, USD Million
- TABLE 2 Asia Pacific Virtual Tour Market, 2024 - 2031, USD Million
- TABLE 3 Asia Pacific Virtual Tour Market by Technology, 2020 - 2023, USD Million
- TABLE 4 Asia Pacific Virtual Tour Market by Technology, 2024 - 2031, USD Million
- TABLE 5 Asia Pacific Semi & Fully Immersive Market by Country, 2020 - 2023, USD Million
- TABLE 6 Asia Pacific Semi & Fully Immersive Market by Country, 2024 - 2031, USD Million
- TABLE 7 Asia Pacific Non-immersive Market by Country, 2020 - 2023, USD Million
- TABLE 8 Asia Pacific Non-immersive Market by Country, 2024 - 2031, USD Million
- TABLE 9 Asia Pacific Virtual Tour Market by Component, 2020 - 2023, USD Million
- TABLE 10 Asia Pacific Virtual Tour Market by Component, 2024 - 2031, USD Million
- TABLE 11 Asia Pacific Hardware Market by Country, 2020 - 2023, USD Million
- TABLE 12 Asia Pacific Hardware Market by Country, 2024 - 2031, USD Million
- TABLE 13 Asia Pacific Software Market by Country, 2020 - 2023, USD Million
- TABLE 14 Asia Pacific Software Market by Country, 2024 - 2031, USD Million
- TABLE 15 Asia Pacific Services Market by Country, 2020 - 2023, USD Million
- TABLE 16 Asia Pacific Services Market by Country, 2024 - 2031, USD Million
- TABLE 17 Asia Pacific Virtual Tour Market by Application, 2020 - 2023, USD Million
- TABLE 18 Asia Pacific Virtual Tour Market by Application, 2024 - 2031, USD Million
- TABLE 19 Asia Pacific Real Estate Market by Country, 2020 - 2023, USD Million
- TABLE 20 Asia Pacific Real Estate Market by Country, 2024 - 2031, USD Million
- TABLE 21 Asia Pacific Tourism & Hospitality Market by Country, 2020 - 2023, USD Million
- TABLE 22 Asia Pacific Tourism & Hospitality Market by Country, 2024 - 2031, USD Million
- TABLE 23 Asia Pacific Art Galleries & Museums Market by Country, 2020 - 2023, USD Million
- TABLE 24 Asia Pacific Art Galleries & Museums Market by Country, 2024 - 2031, USD Million
- TABLE 25 Asia Pacific Other Application Market by Country, 2020 - 2023, USD Million
- TABLE 26 Asia Pacific Other Application Market by Country, 2024 - 2031, USD Million
- TABLE 27 Asia Pacific Virtual Tour Market by Country, 2020 - 2023, USD Million
- TABLE 28 Asia Pacific Virtual Tour Market by Country, 2024 - 2031, USD Million
- TABLE 29 China Virtual Tour Market, 2020 - 2023, USD Million
- TABLE 30 China Virtual Tour Market, 2024 - 2031, USD Million
- TABLE 31 China Virtual Tour Market by Technology, 2020 - 2023, USD Million
- TABLE 32 China Virtual Tour Market by Technology, 2024 - 2031, USD Million
- TABLE 33 China Virtual Tour Market by Component, 2020 - 2023, USD Million
- TABLE 34 China Virtual Tour Market by Component, 2024 - 2031, USD Million
- TABLE 35 China Virtual Tour Market by Application, 2020 - 2023, USD Million
- TABLE 36 China Virtual Tour Market by Application, 2024 - 2031, USD Million
- TABLE 37 Japan Virtual Tour Market, 2020 - 2023, USD Million
- TABLE 38 Japan Virtual Tour Market, 2024 - 2031, USD Million
- TABLE 39 Japan Virtual Tour Market by Technology, 2020 - 2023, USD Million
- TABLE 40 Japan Virtual Tour Market by Technology, 2024 - 2031, USD Million
- TABLE 41 Japan Virtual Tour Market by Component, 2020 - 2023, USD Million
- TABLE 42 Japan Virtual Tour Market by Component, 2024 - 2031, USD Million
- TABLE 43 Japan Virtual Tour Market by Application, 2020 - 2023, USD Million
- TABLE 44 Japan Virtual Tour Market by Application, 2024 - 2031, USD Million
- TABLE 45 India Virtual Tour Market, 2020 - 2023, USD Million
- TABLE 46 India Virtual Tour Market, 2024 - 2031, USD Million
- TABLE 47 India Virtual Tour Market by Technology, 2020 - 2023, USD Million
- TABLE 48 India Virtual Tour Market by Technology, 2024 - 2031, USD Million
- TABLE 49 India Virtual Tour Market by Component, 2020 - 2023, USD Million
- TABLE 50 India Virtual Tour Market by Component, 2024 - 2031, USD Million
- TABLE 51 India Virtual Tour Market by Application, 2020 - 2023, USD Million
- TABLE 52 India Virtual Tour Market by Application, 2024 - 2031, USD Million
- TABLE 53 South Korea Virtual Tour Market, 2020 - 2023, USD Million
- TABLE 54 South Korea Virtual Tour Market, 2024 - 2031, USD Million
- TABLE 55 South Korea Virtual Tour Market by Technology, 2020 - 2023, USD Million
- TABLE 56 South Korea Virtual Tour Market by Technology, 2024 - 2031, USD Million
- TABLE 57 South Korea Virtual Tour Market by Component, 2020 - 2023, USD Million
- TABLE 58 South Korea Virtual Tour Market by Component, 2024 - 2031, USD Million
- TABLE 59 South Korea Virtual Tour Market by Application, 2020 - 2023, USD Million
- TABLE 60 South Korea Virtual Tour Market by Application, 2024 - 2031, USD Million
- TABLE 61 Singapore Virtual Tour Market, 2020 - 2023, USD Million
- TABLE 62 Singapore Virtual Tour Market, 2024 - 2031, USD Million
- TABLE 63 Singapore Virtual Tour Market by Technology, 2020 - 2023, USD Million
- TABLE 64 Singapore Virtual Tour Market by Technology, 2024 - 2031, USD Million
- TABLE 65 Singapore Virtual Tour Market by Component, 2020 - 2023, USD Million
- TABLE 66 Singapore Virtual Tour Market by Component, 2024 - 2031, USD Million
- TABLE 67 Singapore Virtual Tour Market by Application, 2020 - 2023, USD Million
- TABLE 68 Singapore Virtual Tour Market by Application, 2024 - 2031, USD Million
- TABLE 69 Malaysia Virtual Tour Market, 2020 - 2023, USD Million
- TABLE 70 Malaysia Virtual Tour Market, 2024 - 2031, USD Million
- TABLE 71 Malaysia Virtual Tour Market by Technology, 2020 - 2023, USD Million
- TABLE 72 Malaysia Virtual Tour Market by Technology, 2024 - 2031, USD Million
- TABLE 73 Malaysia Virtual Tour Market by Component, 2020 - 2023, USD Million
- TABLE 74 Malaysia Virtual Tour Market by Component, 2024 - 2031, USD Million
- TABLE 75 Malaysia Virtual Tour Market by Application, 2020 - 2023, USD Million
- TABLE 76 Malaysia Virtual Tour Market by Application, 2024 - 2031, USD Million
- TABLE 77 Rest of Asia Pacific Virtual Tour Market, 2020 - 2023, USD Million
- TABLE 78 Rest of Asia Pacific Virtual Tour Market, 2024 - 2031, USD Million
- TABLE 79 Rest of Asia Pacific Virtual Tour Market by Technology, 2020 - 2023, USD Million
- TABLE 80 Rest of Asia Pacific Virtual Tour Market by Technology, 2024 - 2031, USD Million
- TABLE 81 Rest of Asia Pacific Virtual Tour Market by Component, 2020 - 2023, USD Million
- TABLE 82 Rest of Asia Pacific Virtual Tour Market by Component, 2024 - 2031, USD Million
- TABLE 83 Rest of Asia Pacific Virtual Tour Market by Application, 2020 - 2023, USD Million
- TABLE 84 Rest of Asia Pacific Virtual Tour Market by Application, 2024 - 2031, USD Million
- TABLE 85 Key Information - Matterport, Inc.
- TABLE 86 Key Information - Kuula, Inc.
- TABLE 87 Key Information - RTV, Inc.
- TABLE 88 Key Information - Concept3D, Inc.
- TABLE 89 Key Information - Eye Revolution Ltd.
- TABLE 90 Key Information - CloudPano
- TABLE 91 Key Information - EyeSpy360 Ltd.
- TABLE 92 Key Information - Blue Raven Studios
- TABLE 93 Key Information - 360Pano VR Solutions Private Limited
