Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 11.1 Billion | USD 16.2 Billion | 4.7% | 2022 |
FrequentlyAsked Questions
VR fitness gaming Market Size makes use of VR technology to help users immerse in a virtual workout environment. Moreover, VR fitness games help users in developing proper technique along with reducing the rate of accidents while performing physical exercises. VR fitness gaming makes use of a 3D environment and makes end-users feel a physical presence while performing fitness exercises as if they are present in a gym or fitness center. Reportedly, the number of equipment related to VR technology used in VR fitness gaming includes VR headsets, VR rooms fitted with wearable computers, and wrapped display screens.
The global VR fitness game Market Size growth is owing to an increase in the popularity of gaming apps such as PlayStation VR and HTC Vive.
According to a study, the global VR fitness game industry size was $11.1 billion in 2022 and is projected to reach $16.2 billion by the end of 2030.
The global VR fitness game Market Size is anticipated to record a CAGR of nearly 4.7% from 2023 to 2030.
The Asia-Pacific VR fitness game industry is set to register the highest CAGR over the forecasting timeline owing to a rise in the acceptance of VR devices in the various end-use sectors such as entertainment and hospitality sectors in countries such as China and India. Moreover, China launched a 6G satellite into space in 2020 and this has paved the way for the launch of the 6G network. Such moves will boost the expansion of VR technology in the region, thereby contributing majorly towards the growth of the VR fitness game sector in the Asia-Pacific zone.
The global VR fitness game Market Size is led by players such as Black Box VR, Survios, Inc., Five Mind Creations UG, Fit Reality, VRWorkout, BEAT GAMES, FITXR, Meta Platforms, Inc., Sealost Interactive LLC, SUPERNATURAL, and Crytek GmbH & Beijing Paramecium Technology Co., Ltd.
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