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 Boticário 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.
Free Valuable Insights: The Worldwide Virtual Tour Market is Projected to reach USD 7.35 Billion by 2031, at a CAGR of 29.8%
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 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
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Virtual Tour Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Virtual Tour Market
FIG 4 Porter’s Five Forces Analysis – Virtual Tour Market
FIG 5 LAMEA Virtual Tour Market share by Technology, 2023
FIG 6 LAMEA Virtual Tour Market share by Technology, 2031
FIG 7 LAMEA Virtual Tour Market by Technology, 2020 - 2031, USD Million
FIG 8 LAMEA Virtual Tour Market share by Component, 2023
FIG 9 LAMEA Virtual Tour Market share by Component, 2031
FIG 10 LAMEA Virtual Tour Market by Component, 2020 - 2031, USD Million
FIG 11 LAMEA Virtual Tour Market share by Application, 2023
FIG 12 LAMEA Virtual Tour Market share by Application, 2031
FIG 13 LAMEA Virtual Tour Market by Application, 2020 - 2031, USD Million
FIG 14 LAMEA Virtual Tour Market share by Country, 2023
FIG 15 LAMEA Virtual Tour Market share by Country, 2031
FIG 16 LAMEA Virtual Tour Market by Country, 2020 - 2031, USD Million