PUBLISHER: KBV Research | PRODUCT CODE: 1649367
PUBLISHER: KBV Research | PRODUCT CODE: 1649367
LAMEA 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 Latin America, Middle East and Africa Virtual Tour Market would witness market growth of 31.9% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Virtual Tour Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $143.3 million by 2031. The Argentina market is showcasing a CAGR of 32.8% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 30.5% during (2024 - 2031).
The utility of these tours extends beyond convenience, offering tangible benefits for businesses and users alike. These tours create interactive and visually appealing content, keeping users engaged longer than traditional images or videos. This results in higher conversion rates for businesses. By allowing remote exploration, these tours reduce the need for physical visits, saving customers and businesses travel time and costs.
Businesses can integrate analytics tools into these tours to gather insights into user behaviour, such as which areas are most viewed or how much time users spend exploring specific features. These tours provide detailed, real-time visuals that help users make informed decisions, whether choosing a vacation destination, purchasing a property or enrolling in a university.
The UAE is witnessing significant investment and growth in its travel and tourism sector, which is expected to fuel the expansion of this market. The UAE government has forecasted a steady rise in investment in the travel and tourism sector, estimating an annual growth rate of 11% to reach USD 20.3 billion by 2027, accounting for 11.2% of total investments. This increasing investment is expected to enhance the country's infrastructure and innovation within the tourism industry, creating demand for digital solutions such as virtual tours. This market in Brazil is growing steadily, driven by various factors specific to the country's industries and socio-economic conditions. Retailers are incorporating these tours into their online platforms, allowing customers to digitally explore store layouts and product collections. For example, retail brands like Havaianas and O Boticario use virtual showroom tours to engage customers and enhance their online shopping experience. Hence, the UAE's rising investment in the travel and tourism sector and the rising above factors in Brazil are expected to increase the market's growth.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
LAMEA 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
- 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 Virtual Tour Market, by Technology
- 1.4.2 LAMEA Virtual Tour Market, by Component
- 1.4.3 LAMEA Virtual Tour Market, by Application
- 1.4.4 LAMEA Virtual Tour 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
- 3.3 Porter Five Forces Analysis
Chapter 4. LAMEA Virtual Tour Market by Technology
- 4.1 LAMEA Semi & Fully Immersive Market by Country
- 4.2 LAMEA Non-immersive Market by Country
Chapter 5. LAMEA Virtual Tour Market by Component
- 5.1 LAMEA Hardware Market by Country
- 5.2 LAMEA Software Market by Country
- 5.3 LAMEA Services Market by Country
Chapter 6. LAMEA Virtual Tour Market by Application
- 6.1 LAMEA Real Estate Market by Country
- 6.2 LAMEA Tourism & Hospitality Market by Country
- 6.3 LAMEA Art Galleries & Museums Market by Country
- 6.4 LAMEA Other Application Market by Country
Chapter 7. LAMEA Virtual Tour Market by Country
- 7.1 Brazil Virtual Tour Market
- 7.1.1 Brazil Virtual Tour Market by Technology
- 7.1.2 Brazil Virtual Tour Market by Component
- 7.1.3 Brazil Virtual Tour Market by Application
- 7.2 Argentina Virtual Tour Market
- 7.2.1 Argentina Virtual Tour Market by Technology
- 7.2.2 Argentina Virtual Tour Market by Component
- 7.2.3 Argentina Virtual Tour Market by Application
- 7.3 UAE Virtual Tour Market
- 7.3.1 UAE Virtual Tour Market by Technology
- 7.3.2 UAE Virtual Tour Market by Component
- 7.3.3 UAE Virtual Tour Market by Application
- 7.4 Saudi Arabia Virtual Tour Market
- 7.4.1 Saudi Arabia Virtual Tour Market by Technology
- 7.4.2 Saudi Arabia Virtual Tour Market by Component
- 7.4.3 Saudi Arabia Virtual Tour Market by Application
- 7.5 South Africa Virtual Tour Market
- 7.5.1 South Africa Virtual Tour Market by Technology
- 7.5.2 South Africa Virtual Tour Market by Component
- 7.5.3 South Africa Virtual Tour Market by Application
- 7.6 Nigeria Virtual Tour Market
- 7.6.1 Nigeria Virtual Tour Market by Technology
- 7.6.2 Nigeria Virtual Tour Market by Component
- 7.6.3 Nigeria Virtual Tour Market by Application
- 7.7 Rest of LAMEA Virtual Tour Market
- 7.7.1 Rest of LAMEA Virtual Tour Market by Technology
- 7.7.2 Rest of LAMEA Virtual Tour Market by Component
- 7.7.3 Rest of LAMEA 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 LAMEA Virtual Tour Market, 2020 - 2023, USD Million
- TABLE 2 LAMEA Virtual Tour Market, 2024 - 2031, USD Million
- TABLE 3 LAMEA Virtual Tour Market by Technology, 2020 - 2023, USD Million
- TABLE 4 LAMEA Virtual Tour Market by Technology, 2024 - 2031, USD Million
- TABLE 5 LAMEA Semi & Fully Immersive Market by Country, 2020 - 2023, USD Million
- TABLE 6 LAMEA Semi & Fully Immersive Market by Country, 2024 - 2031, USD Million
- TABLE 7 LAMEA Non-immersive Market by Country, 2020 - 2023, USD Million
- TABLE 8 LAMEA Non-immersive Market by Country, 2024 - 2031, USD Million
- TABLE 9 LAMEA Virtual Tour Market by Component, 2020 - 2023, USD Million
- TABLE 10 LAMEA Virtual Tour Market by Component, 2024 - 2031, USD Million
- TABLE 11 LAMEA Hardware Market by Country, 2020 - 2023, USD Million
- TABLE 12 LAMEA Hardware Market by Country, 2024 - 2031, USD Million
- TABLE 13 LAMEA Software Market by Country, 2020 - 2023, USD Million
- TABLE 14 LAMEA Software Market by Country, 2024 - 2031, USD Million
- TABLE 15 LAMEA Services Market by Country, 2020 - 2023, USD Million
- TABLE 16 LAMEA Services Market by Country, 2024 - 2031, USD Million
- TABLE 17 LAMEA Virtual Tour Market by Application, 2020 - 2023, USD Million
- TABLE 18 LAMEA Virtual Tour Market by Application, 2024 - 2031, USD Million
- TABLE 19 LAMEA Real Estate Market by Country, 2020 - 2023, USD Million
- TABLE 20 LAMEA Real Estate Market by Country, 2024 - 2031, USD Million
- TABLE 21 LAMEA Tourism & Hospitality Market by Country, 2020 - 2023, USD Million
- TABLE 22 LAMEA Tourism & Hospitality Market by Country, 2024 - 2031, USD Million
- TABLE 23 LAMEA Art Galleries & Museums Market by Country, 2020 - 2023, USD Million
- TABLE 24 LAMEA Art Galleries & Museums Market by Country, 2024 - 2031, USD Million
- TABLE 25 LAMEA Other Application Market by Country, 2020 - 2023, USD Million
- TABLE 26 LAMEA Other Application Market by Country, 2024 - 2031, USD Million
- TABLE 27 LAMEA Virtual Tour Market by Country, 2020 - 2023, USD Million
- TABLE 28 LAMEA Virtual Tour Market by Country, 2024 - 2031, USD Million
- TABLE 29 Brazil Virtual Tour Market, 2020 - 2023, USD Million
- TABLE 30 Brazil Virtual Tour Market, 2024 - 2031, USD Million
- TABLE 31 Brazil Virtual Tour Market by Technology, 2020 - 2023, USD Million
- TABLE 32 Brazil Virtual Tour Market by Technology, 2024 - 2031, USD Million
- TABLE 33 Brazil Virtual Tour Market by Component, 2020 - 2023, USD Million
- TABLE 34 Brazil Virtual Tour Market by Component, 2024 - 2031, USD Million
- TABLE 35 Brazil Virtual Tour Market by Application, 2020 - 2023, USD Million
- TABLE 36 Brazil Virtual Tour Market by Application, 2024 - 2031, USD Million
- TABLE 37 Argentina Virtual Tour Market, 2020 - 2023, USD Million
- TABLE 38 Argentina Virtual Tour Market, 2024 - 2031, USD Million
- TABLE 39 Argentina Virtual Tour Market by Technology, 2020 - 2023, USD Million
- TABLE 40 Argentina Virtual Tour Market by Technology, 2024 - 2031, USD Million
- TABLE 41 Argentina Virtual Tour Market by Component, 2020 - 2023, USD Million
- TABLE 42 Argentina Virtual Tour Market by Component, 2024 - 2031, USD Million
- TABLE 43 Argentina Virtual Tour Market by Application, 2020 - 2023, USD Million
- TABLE 44 Argentina Virtual Tour Market by Application, 2024 - 2031, USD Million
- TABLE 45 UAE Virtual Tour Market, 2020 - 2023, USD Million
- TABLE 46 UAE Virtual Tour Market, 2024 - 2031, USD Million
- TABLE 47 UAE Virtual Tour Market by Technology, 2020 - 2023, USD Million
- TABLE 48 UAE Virtual Tour Market by Technology, 2024 - 2031, USD Million
- TABLE 49 UAE Virtual Tour Market by Component, 2020 - 2023, USD Million
- TABLE 50 UAE Virtual Tour Market by Component, 2024 - 2031, USD Million
- TABLE 51 UAE Virtual Tour Market by Application, 2020 - 2023, USD Million
- TABLE 52 UAE Virtual Tour Market by Application, 2024 - 2031, USD Million
- TABLE 53 Saudi Arabia Virtual Tour Market, 2020 - 2023, USD Million
- TABLE 54 Saudi Arabia Virtual Tour Market, 2024 - 2031, USD Million
- TABLE 55 Saudi Arabia Virtual Tour Market by Technology, 2020 - 2023, USD Million
- TABLE 56 Saudi Arabia Virtual Tour Market by Technology, 2024 - 2031, USD Million
- TABLE 57 Saudi Arabia Virtual Tour Market by Component, 2020 - 2023, USD Million
- TABLE 58 Saudi Arabia Virtual Tour Market by Component, 2024 - 2031, USD Million
- TABLE 59 Saudi Arabia Virtual Tour Market by Application, 2020 - 2023, USD Million
- TABLE 60 Saudi Arabia Virtual Tour Market by Application, 2024 - 2031, USD Million
- TABLE 61 South Africa Virtual Tour Market, 2020 - 2023, USD Million
- TABLE 62 South Africa Virtual Tour Market, 2024 - 2031, USD Million
- TABLE 63 South Africa Virtual Tour Market by Technology, 2020 - 2023, USD Million
- TABLE 64 South Africa Virtual Tour Market by Technology, 2024 - 2031, USD Million
- TABLE 65 South Africa Virtual Tour Market by Component, 2020 - 2023, USD Million
- TABLE 66 South Africa Virtual Tour Market by Component, 2024 - 2031, USD Million
- TABLE 67 South Africa Virtual Tour Market by Application, 2020 - 2023, USD Million
- TABLE 68 South Africa Virtual Tour Market by Application, 2024 - 2031, USD Million
- TABLE 69 Nigeria Virtual Tour Market, 2020 - 2023, USD Million
- TABLE 70 Nigeria Virtual Tour Market, 2024 - 2031, USD Million
- TABLE 71 Nigeria Virtual Tour Market by Technology, 2020 - 2023, USD Million
- TABLE 72 Nigeria Virtual Tour Market by Technology, 2024 - 2031, USD Million
- TABLE 73 Nigeria Virtual Tour Market by Component, 2020 - 2023, USD Million
- TABLE 74 Nigeria Virtual Tour Market by Component, 2024 - 2031, USD Million
- TABLE 75 Nigeria Virtual Tour Market by Application, 2020 - 2023, USD Million
- TABLE 76 Nigeria Virtual Tour Market by Application, 2024 - 2031, USD Million
- TABLE 77 Rest of LAMEA Virtual Tour Market, 2020 - 2023, USD Million
- TABLE 78 Rest of LAMEA Virtual Tour Market, 2024 - 2031, USD Million
- TABLE 79 Rest of LAMEA Virtual Tour Market by Technology, 2020 - 2023, USD Million
- TABLE 80 Rest of LAMEA Virtual Tour Market by Technology, 2024 - 2031, USD Million
- TABLE 81 Rest of LAMEA Virtual Tour Market by Component, 2020 - 2023, USD Million
- TABLE 82 Rest of LAMEA Virtual Tour Market by Component, 2024 - 2031, USD Million
- TABLE 83 Rest of LAMEA Virtual Tour Market by Application, 2020 - 2023, USD Million
- TABLE 84 Rest of LAMEA 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
