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Europe AI in Virtual Reality Market Size, Share & Trends Analysis Report By Technology, By Platform, By Application, By Country and Growth Forecast, 2024 - 2031

Published Date : 21-Nov-2024

Pages: 151

Formats: PDF

The Europe AI in Virtual Reality Market would witness market growth of 41.9% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe 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 $14,896.6 million by 2031. The UK market is exhibiting a CAGR of 41% during (2024 - 2031). Additionally, The France market would experience a CAGR of 43% during (2024 - 2031).

Europe AI in Virtual Reality Market

In VR environments, non-playable characters (NPCs) have historically been limited in behaviour and interaction, often following predetermined scripts. AI transforms these characters by enabling them to respond to the user in real-time based on their actions. Through advanced AI algorithms like machine learning and natural language processing (NLP), NPCs can interpret user gestures, voice commands, and emotional states, providing lifelike interactions.

Additionally, AI in VR is making strides in mental health by providing personalized therapeutic interventions. Virtual reality exposure therapy (VRET), used to treat conditions like post-traumatic stress disorder (PTSD), phobias, and anxiety, is enhanced by AI to adjust scenarios based on real-time feedback from the patient. AI algorithms can analyze the user's physiological and emotional responses, such as heart rate and facial expressions, to determine their stress level or emotional state and then modify the virtual environment accordingly.

Government support is a significant enabler of the AI in VR industry's growth in the EU. The European Commission funds various projects to foster innovation and technological development in virtual reality. With more than half of the EU’s virtual participants involved in EU-funded projects, financial backing accelerates AI-driven VR advancements. These public investments help ensure European industries remain competitive in the VR landscape, particularly in healthcare, education, and manufacturing sectors, where AI integration enhances operational efficiency and service delivery.

Free Valuable Insights: The Global AI in Virtual Reality Market will Hit USD 217.6 Billion by 2031, at a CAGR of 42.2%

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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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

Europe 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

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe AI in Virtual Reality Market, by Technology
1.4.2 Europe AI in Virtual Reality Market, by Platform
1.4.3 Europe AI in Virtual Reality Market, by Application
1.4.4 Europe 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
3.2 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. Europe AI in Virtual Reality Market by Technology
5.1 Europe Computer Vision Market by Country
5.2 Europe Machine Learning & Deep Learning Market by Country
5.3 Europe Natural Language Processing (NLP) Market by Country
5.4 Europe Gesture, Speech Recognition & Others Market by Country

Chapter 6. Europe AI in Virtual Reality Market by Platform
6.1 Europe Head-Mounted Displays (HMDs) Market by Country
6.2 Europe Desktop Computers & Consoles Market by Country
6.3 Europe Mobile Devices Market by Country
6.4 Europe Projectors & Smart Glasses Market by Country
6.5 Europe Wearables & Body Tracking Devices Market by Country

Chapter 7. Europe AI in Virtual Reality Market by Application
7.1 Europe Gaming & Entertainment Market by Country
7.2 Europe Education & Training Market by Country
7.3 Europe Healthcare & Medical Market by Country
7.4 Europe Retail & E-commerce Market by Country
7.5 Europe Social Media & Communication Market by Country
7.6 Europe Industrial & Manufacturing Market by Country
7.7 Europe Tourism & Travel Market by Country
7.8 Europe Others Market by Country

Chapter 8. Europe AI in Virtual Reality Market by Country
8.1 Germany AI in Virtual Reality Market
8.1.1 Germany AI in Virtual Reality Market by Technology
8.1.2 Germany AI in Virtual Reality Market by Platform
8.1.3 Germany AI in Virtual Reality Market by Application
8.2 UK AI in Virtual Reality Market
8.2.1 UK AI in Virtual Reality Market by Technology
8.2.2 UK AI in Virtual Reality Market by Platform
8.2.3 UK AI in Virtual Reality Market by Application
8.3 France AI in Virtual Reality Market
8.3.1 France AI in Virtual Reality Market by Technology
8.3.2 France AI in Virtual Reality Market by Platform
8.3.3 France AI in Virtual Reality Market by Application
8.4 Russia AI in Virtual Reality Market
8.4.1 Russia AI in Virtual Reality Market by Technology
8.4.2 Russia AI in Virtual Reality Market by Platform
8.4.3 Russia AI in Virtual Reality Market by Application
8.5 Spain AI in Virtual Reality Market
8.5.1 Spain AI in Virtual Reality Market by Technology
8.5.2 Spain AI in Virtual Reality Market by Platform
8.5.3 Spain AI in Virtual Reality Market by Application
8.6 Italy AI in Virtual Reality Market
8.6.1 Italy AI in Virtual Reality Market by Technology
8.6.2 Italy AI in Virtual Reality Market by Platform
8.6.3 Italy AI in Virtual Reality Market by Application
8.7 Rest of Europe AI in Virtual Reality Market
8.7.1 Rest of Europe AI in Virtual Reality Market by Technology
8.7.2 Rest of Europe AI in Virtual Reality Market by Platform
8.7.3 Rest of Europe 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
TABLE 1 Europe AI in Virtual Reality Market, 2020 - 2023, USD Million
TABLE 2 Europe 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 Europe AI in Virtual Reality Market by Technology, 2020 - 2023, USD Million
TABLE 6 Europe AI in Virtual Reality Market by Technology, 2024 - 2031, USD Million
TABLE 7 Europe Computer Vision Market by Country, 2020 - 2023, USD Million
TABLE 8 Europe Computer Vision Market by Country, 2024 - 2031, USD Million
TABLE 9 Europe Machine Learning & Deep Learning Market by Country, 2020 - 2023, USD Million
TABLE 10 Europe Machine Learning & Deep Learning Market by Country, 2024 - 2031, USD Million
TABLE 11 Europe Natural Language Processing (NLP) Market by Country, 2020 - 2023, USD Million
TABLE 12 Europe Natural Language Processing (NLP) Market by Country, 2024 - 2031, USD Million
TABLE 13 Europe Gesture, Speech Recognition & Others Market by Country, 2020 - 2023, USD Million
TABLE 14 Europe Gesture, Speech Recognition & Others Market by Country, 2024 - 2031, USD Million
TABLE 15 Europe AI in Virtual Reality Market by Platform, 2020 - 2023, USD Million
TABLE 16 Europe AI in Virtual Reality Market by Platform, 2024 - 2031, USD Million
TABLE 17 Europe Head-Mounted Displays (HMDs) Market by Country, 2020 - 2023, USD Million
TABLE 18 Europe Head-Mounted Displays (HMDs) Market by Country, 2024 - 2031, USD Million
TABLE 19 Europe Desktop Computers & Consoles Market by Country, 2020 - 2023, USD Million
TABLE 20 Europe Desktop Computers & Consoles Market by Country, 2024 - 2031, USD Million
TABLE 21 Europe Mobile Devices Market by Country, 2020 - 2023, USD Million
TABLE 22 Europe Mobile Devices Market by Country, 2024 - 2031, USD Million
TABLE 23 Europe Projectors & Smart Glasses Market by Country, 2020 - 2023, USD Million
TABLE 24 Europe Projectors & Smart Glasses Market by Country, 2024 - 2031, USD Million
TABLE 25 Europe Wearables & Body Tracking Devices Market by Country, 2020 - 2023, USD Million
TABLE 26 Europe Wearables & Body Tracking Devices Market by Country, 2024 - 2031, USD Million
TABLE 27 Europe AI in Virtual Reality Market by Application, 2020 - 2023, USD Million
TABLE 28 Europe AI in Virtual Reality Market by Application, 2024 - 2031, USD Million
TABLE 29 Europe Gaming & Entertainment Market by Country, 2020 - 2023, USD Million
TABLE 30 Europe Gaming & Entertainment Market by Country, 2024 - 2031, USD Million
TABLE 31 Europe Education & Training Market by Country, 2020 - 2023, USD Million
TABLE 32 Europe Education & Training Market by Country, 2024 - 2031, USD Million
TABLE 33 Europe Healthcare & Medical Market by Country, 2020 - 2023, USD Million
TABLE 34 Europe Healthcare & Medical Market by Country, 2024 - 2031, USD Million
TABLE 35 Europe Retail & E-commerce Market by Country, 2020 - 2023, USD Million
TABLE 36 Europe Retail & E-commerce Market by Country, 2024 - 2031, USD Million
TABLE 37 Europe Social Media & Communication Market by Country, 2020 - 2023, USD Million
TABLE 38 Europe Social Media & Communication Market by Country, 2024 - 2031, USD Million
TABLE 39 Europe Industrial & Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 40 Europe Industrial & Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 41 Europe Tourism & Travel Market by Country, 2020 - 2023, USD Million
TABLE 42 Europe Tourism & Travel Market by Country, 2024 - 2031, USD Million
TABLE 43 Europe Others Market by Country, 2020 - 2023, USD Million
TABLE 44 Europe Others Market by Country, 2024 - 2031, USD Million
TABLE 45 Europe AI in Virtual Reality Market by Country, 2020 - 2023, USD Million
TABLE 46 Europe AI in Virtual Reality Market by Country, 2024 - 2031, USD Million
TABLE 47 Germany AI in Virtual Reality Market, 2020 - 2023, USD Million
TABLE 48 Germany AI in Virtual Reality Market, 2024 - 2031, USD Million
TABLE 49 Germany AI in Virtual Reality Market by Technology, 2020 - 2023, USD Million
TABLE 50 Germany AI in Virtual Reality Market by Technology, 2024 - 2031, USD Million
TABLE 51 Germany AI in Virtual Reality Market by Platform, 2020 - 2023, USD Million
TABLE 52 Germany AI in Virtual Reality Market by Platform, 2024 - 2031, USD Million
TABLE 53 Germany AI in Virtual Reality Market by Application, 2020 - 2023, USD Million
TABLE 54 Germany AI in Virtual Reality Market by Application, 2024 - 2031, USD Million
TABLE 55 UK AI in Virtual Reality Market, 2020 - 2023, USD Million
TABLE 56 UK AI in Virtual Reality Market, 2024 - 2031, USD Million
TABLE 57 UK AI in Virtual Reality Market by Technology, 2020 - 2023, USD Million
TABLE 58 UK AI in Virtual Reality Market by Technology, 2024 - 2031, USD Million
TABLE 59 UK AI in Virtual Reality Market by Platform, 2020 - 2023, USD Million
TABLE 60 UK AI in Virtual Reality Market by Platform, 2024 - 2031, USD Million
TABLE 61 UK AI in Virtual Reality Market by Application, 2020 - 2023, USD Million
TABLE 62 UK AI in Virtual Reality Market by Application, 2024 - 2031, USD Million
TABLE 63 France AI in Virtual Reality Market, 2020 - 2023, USD Million
TABLE 64 France AI in Virtual Reality Market, 2024 - 2031, USD Million
TABLE 65 France AI in Virtual Reality Market by Technology, 2020 - 2023, USD Million
TABLE 66 France AI in Virtual Reality Market by Technology, 2024 - 2031, USD Million
TABLE 67 France AI in Virtual Reality Market by Platform, 2020 - 2023, USD Million
TABLE 68 France AI in Virtual Reality Market by Platform, 2024 - 2031, USD Million
TABLE 69 France AI in Virtual Reality Market by Application, 2020 - 2023, USD Million
TABLE 70 France AI in Virtual Reality Market by Application, 2024 - 2031, USD Million
TABLE 71 Russia AI in Virtual Reality Market, 2020 - 2023, USD Million
TABLE 72 Russia AI in Virtual Reality Market, 2024 - 2031, USD Million
TABLE 73 Russia AI in Virtual Reality Market by Technology, 2020 - 2023, USD Million
TABLE 74 Russia AI in Virtual Reality Market by Technology, 2024 - 2031, USD Million
TABLE 75 Russia AI in Virtual Reality Market by Platform, 2020 - 2023, USD Million
TABLE 76 Russia AI in Virtual Reality Market by Platform, 2024 - 2031, USD Million
TABLE 77 Russia AI in Virtual Reality Market by Application, 2020 - 2023, USD Million
TABLE 78 Russia AI in Virtual Reality Market by Application, 2024 - 2031, USD Million
TABLE 79 Spain AI in Virtual Reality Market, 2020 - 2023, USD Million
TABLE 80 Spain AI in Virtual Reality Market, 2024 - 2031, USD Million
TABLE 81 Spain AI in Virtual Reality Market by Technology, 2020 - 2023, USD Million
TABLE 82 Spain AI in Virtual Reality Market by Technology, 2024 - 2031, USD Million
TABLE 83 Spain AI in Virtual Reality Market by Platform, 2020 - 2023, USD Million
TABLE 84 Spain AI in Virtual Reality Market by Platform, 2024 - 2031, USD Million
TABLE 85 Spain AI in Virtual Reality Market by Application, 2020 - 2023, USD Million
TABLE 86 Spain AI in Virtual Reality Market by Application, 2024 - 2031, USD Million
TABLE 87 Italy AI in Virtual Reality Market, 2020 - 2023, USD Million
TABLE 88 Italy AI in Virtual Reality Market, 2024 - 2031, USD Million
TABLE 89 Italy AI in Virtual Reality Market by Technology, 2020 - 2023, USD Million
TABLE 90 Italy AI in Virtual Reality Market by Technology, 2024 - 2031, USD Million
TABLE 91 Italy AI in Virtual Reality Market by Platform, 2020 - 2023, USD Million
TABLE 92 Italy AI in Virtual Reality Market by Platform, 2024 - 2031, USD Million
TABLE 93 Italy AI in Virtual Reality Market by Application, 2020 - 2023, USD Million
TABLE 94 Italy AI in Virtual Reality Market by Application, 2024 - 2031, USD Million
TABLE 95 Rest of Europe AI in Virtual Reality Market, 2020 - 2023, USD Million
TABLE 96 Rest of Europe AI in Virtual Reality Market, 2024 - 2031, USD Million
TABLE 97 Rest of Europe AI in Virtual Reality Market by Technology, 2020 - 2023, USD Million
TABLE 98 Rest of Europe AI in Virtual Reality Market by Technology, 2024 - 2031, USD Million
TABLE 99 Rest of Europe AI in Virtual Reality Market by Platform, 2020 - 2023, USD Million
TABLE 100 Rest of Europe AI in Virtual Reality Market by Platform, 2024 - 2031, USD Million
TABLE 101 Rest of Europe AI in Virtual Reality Market by Application, 2020 - 2023, USD Million
TABLE 102 Rest of Europe 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

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe AI in Virtual Reality Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting AI in Virtual Reality Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions: 2023, Jan – 2024, Sep) Leading Players
FIG 8 Porter’s Five Forces Analysis – AI in Virtual Reality Market
FIG 9 Europe AI in Virtual Reality Market share by Technology, 2023
FIG 10 Europe AI in Virtual Reality Market share by Technology, 2031
FIG 11 Europe AI in Virtual Reality Market by Technology, 2020 - 2031, USD Million
FIG 12 Europe AI in Virtual Reality Market share by Platform, 2023
FIG 13 Europe AI in Virtual Reality Market share by Platform, 2031
FIG 14 Europe AI in Virtual Reality Market by Platform, 2020 - 2031, USD Million
FIG 15 Europe AI in Virtual Reality Market share by Application, 2023
FIG 16 Europe AI in Virtual Reality Market share by Application, 2031
FIG 17 Europe AI in Virtual Reality Market by Application, 2020 - 2031, USD Million
FIG 18 Europe AI in Virtual Reality Market share by Country, 2023
FIG 19 Europe AI in Virtual Reality Market share by Country, 2031
FIG 20 Europe AI in Virtual Reality Market by Country, 2020 - 2031, USD Million
FIG 21 Recent strategies and developments: Microsoft Corporation
FIG 22 SWOT Analysis: Microsoft Corporation
FIG 23 Recent strategies and developments: HTC Corporation
FIG 24 SWOT Analysis: HTC Corporation
FIG 25 SWOT Analysis: Meta Platforms, Inc.
FIG 26 SWOT Analysis: Samsung Electronics Co., Ltd
FIG 27 SWOT Analysis: Sony Corporation
FIG 28 SWOT Analysis: Magic Leap, Inc.
FIG 29 SWOT Analysis: Apple, Inc.
FIG 30 SWOT Analysis: QUALCOMM Incorporated
FIG 31 SWOT Analysis: Google LLC

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