- Virtual reality technologies, offering immersive digital environments through advanced hardware and software, are becoming integral to industries such as entertainment, healthcare, and education due to their ability to enhance user engagement, provide realistic simulations, and support remote collaboration
- The growing demand for virtual reality is primarily fueled by the increasing popularity of immersive gaming, rising applications in medical training and therapy, and the need for advanced visualization in industrial and commercial sectors
- Israel dominated the Middle East and Africa virtual reality market with the largest revenue share of 38.5% in 2024, driven by its robust technology ecosystem, high adoption of innovative solutions, and a strong presence of virtual reality startups and research institutions
- Saudi Arabia is expected to be the fastest-growing country in the Middle East and Africa virtual reality market during the forecast period due to rapid digitalization, government-led initiatives such as Vision 2032, and increasing investments in entertainment and education sectors
- The hardware segment dominated the largest market revenue share of 67.0% in 2024, driven by the increasing adoption of virtual reality headsets, sensors, and motion controllers, which are essential for delivering immersive experiences across various applications
