How big is the Location-Based VR Market?

The Location-Based VR Market size is expected to reach USD 1.58 billion in 2024 and grow at a CAGR of 32.80% to reach USD 8.73 billion by 2029. Read More

What is the current Location-Based VR Market size?

In 2024, the Location-Based VR Market size is expected to reach USD 1.58 billion. Read More

Who are the key players in Location-Based VR Market?

EXIT VR, Springboard VR (Vertigo Games), Zero Latency Pty. Ltd., Survios, Inc. and Tyffon Inc. are the major companies operating in the Location-Based VR Market. Read More

Which is the fastest growing region in Location-Based VR Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Location-Based VR Market?

In 2024, the North America accounts for the largest market share in Location-Based VR Market. Read More

What years does this Location-Based VR Market cover, and what was the market size in 2023?

In 2023, the Location-Based VR Market size was estimated at USD 1.06 billion. The report covers the Location-Based VR Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Location-Based VR Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Location Based VR Market - Industry Growth & Companies

Location Based VR Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Location-Based Virtual Reality (LBVR) Market Report is Segmented by Type (Hardware and Software), Application (VR Arcades, VR Theme Parks, and VR Cinemas), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Location-Based VR Industry Overview

The location-based VR Market is moderately competitive with many regional and global players. With increasing technological innovations, the significant players in the market are focusing on expanding their customer base across foreign countries by leveraging strategic collaboration and investment initiatives to increase their market share and profitability.

February 2024: Vertigo Games launched an optimized operator and user experience with ‘After the Fall: Arcade Edition’ with its SpringboardVR platform. This new arcade edition can create parties and competitions between and within arcade premises, which shows the demand for VR arcade games in the market, creating a growth opportunity for market vendors.
August 2023: Hologate GmbH, a provider of Location-based VR solutions, secured EUR 8.3 million (~USD 9.19 million) in funding to increase the company's growth across entertainment and enterprise divisions, which is expected to support the company's objective to bring its simulation solutions to the global market, with a focus on Europe and North America, and support its growth in the location-based VR market.