Global Virtual Reality in Tourism market cagr 20.00%

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Virtual Reality in Tourism Market

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Virtual Reality in Tourism Market Size and Growth

The Virtual Reality in Tourism market is experiencing significant growth, driven by increasing demand for immersive travel experiences. Current estimates value the market at approximately $1.2 billion, with forecasts indicating a compound annual growth rate of 30% through 2028, influenced by advancements in technology and consumer engagement strategies.

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Companies Covered

(Covid 19 Impact Covered)

◍ Oculus

◍ HTC

◍ Samsung

◍ Facebook

◍ Cyber Group

◍ EON Reality

◍ Google

◍ Nokia

The Virtual Reality in Tourism Market is driven by companies like Oculus, HTC, Samsung, and Google, which offer immersive experiences and VR devices. They enhance tourism marketing, streamline travel planning, and provide virtual tours. Notable sales revenues include Oculus at $1 billion, HTC at $1.4 billion, and Samsung's VR segment contributing significantly.

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Market Segmentation

By Application

Travel Agency

Hotel

Tourist Attractions

Other

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By Product

Market Growth

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$ 4.32 Billion

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