LAMEA AI in Virtual Reality Market

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

Report Id: KBV-25681 Publication Date: November-2024 Number of Pages: 151
Special Offering:
Industry Insights | Market Trends
Highest number of Tables | 24/7 Analyst Support

Analysis of Market Size & Trends

The Latin America, Middle East and Africa AI in Virtual Reality Market would witness market growth of 44.4% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA 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 $4,372.2 million by 2031. The Argentina market is showcasing a CAGR of 45.5% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 44% during (2024 - 2031).

LAMEA AI in Virtual Reality Market

AI-driven virtual assistants, integrated into VR shopping experiences, offer a personalized concierge service for online shoppers. These smart assistants can guide customers through a virtual store, help them find products, compare prices, and suggest complementary items.

Moreover, by using machine learning, these assistants can learn each customer's preferences and buying behavior, becoming more effective over time. In virtual stores, AI assistants can interact with customers in real-time, answering queries and offering tailored recommendations, just as a personal shopper might in a physical store.

The substantial financial investments made by the Saudi government in healthcare IT and digital transformation play a pivotal role in advancing AI in VR. The Kingdom’s focus on transforming its healthcare system into a more digitized and AI-driven ecosystem has led to various projects to improve patient care, increase operational efficiency, and enhance the overall healthcare experience. These investments are fueling the adoption of AI technologies within virtual reality applications, particularly in training, patient care, and remote healthcare services.

Free Valuable Insights: The Worldwide AI in Virtual Reality Market is Projected to reach 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Need a report that reflects how COVID-19 has impacted this market and its growth? Download Free Sample Now

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

LAMEA 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

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
HAVE A QUESTION?

HAVE A QUESTION?

Call: +1(646) 600-5072

SPECIAL PRICING & DISCOUNTS


  • Buy Sections of This Report
  • Buy Country Level Reports
  • Request for Historical Data
  • Discounts Available for Start-Ups & Universities

Unique Offerings Unique Offerings


  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Support with 10% customization free after sale

Trusted by over
5000+ clients

Our team of dedicated experts can provide you with attractive expansion opportunities for your business.

Client Logo