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Immersive Training Market Size, Share & Trends Analysis Report by Component (Hardware, Software, Services), Technology Type (Virtual Reality, Augmented Reality, Mixed Reality), Industry, and Region with Growth Forecasts, 2025-2030

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  • 150 Pages
  • February 2025
  • Region: Global
  • Grand View Research
  • ID: 6056030
Description Jump to:
The Immersive Training Market was valued at USD 16.40 billion in 2024, and is projected to reach USD 69.59 billion by 2030, rising at a CAGR of 28.30%. The market is primarily driven by the significant advancements in Virtual Reality (VR) & Augmented Reality (AR) technologies. The growing innovations in hardware, such as more powerful headsets and motion-tracking devices, combined with sophisticated software solutions, are creating highly interactive and engaging training environments. These advancements enable trainees to immerse themselves in realistic simulations, enhancing their learning experiences and improving skill retention, which is expected to further fuel the immersive training industry in the coming years.

The rising demand for enhanced learning experiences across various industries is further driving the immersive training industry. Traditional training methods frequently lack hands-on practice essential for mastering complex skills. In critical sectors such as healthcare, aviation, and manufacturing, immersive training solutions enable professionals to engage in realistic scenarios without the risks associated with real-world applications. For example, medical professionals can practice surgical procedures in a virtual environment, refining their skills before performing on actual patients. This transition towards experiential learning is expected to further fuel the immersive training industry.

Furthermore, the growing investment in research and development is another factor driving the immersive training industry. Both private companies and government organizations are beginning to recognize the transformative potential of immersive technologies in reshaping education and workforce training. Substantial funding is being allocated to develop innovative solutions tailored to specific industry needs, such as safety training in hazardous environments and customer service simulations in retail.This surge in investment accelerates technological advancements and fosters collaboration between educational institutions and industry leaders, cultivating a culture of innovation that benefits all stakeholders involved, and thereby propelling the immersive industry expansion.

Moreover, the increasing popularity of video games inspired by immersive training is emerging as a significant trend within the immersive training industry, creating new revenue streams and expanding audience engagement. These games often feature beloved characters and storylines from popular immersive training series, allowing fans to immerse themselves in familiar worlds while interacting with their favorite characters in dynamic ways. This convergence of immersive training and gaming is enhancing the overall experience for fans and thereby attracting more groups of audience, including gamers who may not have previously engaged with immersive training. These factors are expected to drive immersive industry growth in the coming years.

Global Immersive Training Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest technological trends in each of the sub-segments from 2018 to 2030. For this study, the analyst has segmented the global immersive training market report based on component, technology type, industry, and region:

Component Outlook (Revenue, USD Million, 2018-2030)

  • Hardware
  • Software
  • Services

Technology Type Outlook (Revenue, USD Million, 2018-2030)

  • Virtual Reality (VR)
  • Augmented Reality (AR)
  • Mixed Reality (MR)
  • Others

Industry Outlook (Revenue, USD Million, 2018-2030)

  • Aerospace & Defense
  • Manufacturing
  • Automotive
  • Education
  • Media & Entertainment
  • Gaming
  • Healthcare
  • Retail & E-commerce
  • Others

Regional Outlook (Revenue, USD Million, 2018-2030)

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Latin America
  • Brazil
  • Mexico
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • UAE

This report addresses:

  • Market intelligence to enable effective decision-making.
  • Market estimates and forecasts from 2018 to 2030.
  • Growth opportunities and trend analyses.
  • Segment and regional revenue forecasts for market assessment.
  • Competition strategy and market share analysis.
  • Product innovation listings for you to stay ahead of the curve.
  • COVID-19's impact and how to sustain in this fast-evolving market.

Why Should You Buy This Report?

  • Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.2.1. Information analysis
1.2.2. Market formulation & data visualization
1.2.3. Data validation & publishing
1.3. Research Scope and Assumptions
1.3.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Immersive Training Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.2.3. Technology Challenge
3.3. Immersive Training Market Analysis Tools
3.3.1. Technology Analysis - Porter’s
3.3.1.1. Bargaining power of the suppliers
3.3.1.2. Bargaining power of the buyers
3.3.1.3. Threats of substitution
3.3.1.4. Threats from new entrants
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Economic and social landscape
3.3.2.3. Technological landscape
Chapter 4. Immersive Training Market: Component Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Immersive Training Market: Component Movement Analysis, USD Million, 2024 & 2030
4.3. Hardware
4.3.1. Hardware Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.4. Software
4.4.1. Software Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.5. Services
4.5.1. Services Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
Chapter 5. Immersive Training Market: Technology Type Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Immersive Training Market: Technology Type Movement Analysis, USD Million, 2024 & 2030
5.3. Virtual Reality (VR)
5.3.1. VR Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
5.4. Augmented Reality (AR)
5.4.1. AR Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
5.5. Mixed Reality (MR)
5.5.1. MR Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
5.6. Others
5.6.1. Others Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
Chapter 6. Immersive Training Market: Industry Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Immersive Training Market: Industry Movement Analysis, USD Million, 2024 & 2030
6.3. Aerospace & Defense
6.3.1. Aerospace & Defense Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
6.4. Manufacturing
6.4.1. Manufacturing Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
6.5. Automotive
6.5.1. Automotive Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
6.6. Education
6.6.1. Education Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
6.7. Media & Entertainment
6.7.1. Media & Entertainment Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
6.8. Gaming
6.8.1. Gaming Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
6.9. Healthcare
6.9.1. Healthcare Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
6.10. Retail & E-commerce
6.10.1. Retail & E-commerce Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
6.11. Others
6.11.1. Others Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
Chapter 7. Regional Estimates & Trend Analysis
7.1. Immersive Training Market by Region, 2024 & 2030
7.2. North America
7.2.1. North America Immersive Training Market Estimates & Forecasts, 2018-2030, (USD Million)
7.2.2. U.S.
7.2.2.1. U.S. Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
7.2.3. Canada
7.2.3.1. Canada Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
7.2.4. Mexico
7.2.4.1. Mexico Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
7.3. Europe
7.3.1. Europe Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
7.3.2. UK
7.3.2.1. UK Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
7.3.3. Germany
7.3.3.1. Germany Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
7.3.4. France
7.3.4.1. France Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
7.4. Asia Pacific
7.4.1. Asia Pacific Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
7.4.2. China
7.4.2.1. China Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
7.4.3. India
7.4.3.1. India Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
7.4.4. Japan
7.4.4.1. Japan Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
7.4.5. South Korea
7.4.5.1. South Korea Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
7.4.6. Australia
7.4.6.1. Australia Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
7.5. Latin America
7.5.1. Latin America Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
7.5.2. Brazil
7.5.2.1. Brazil Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
7.6. Middle East and Africa
7.6.1. Middle East and Africa Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
7.6.2. UAE
7.6.2.1. UAE Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
7.6.3. Saudi Arabia
7.6.3.1. Saudi Arabia Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
7.6.4. South Africa
7.6.4.1. South Africa Immersive Training Market Estimates and Forecasts, 2018-2030 (USD million)
Chapter 8. Competitive Landscape
8.1. Company Categorization
8.2. Company Market Positioning
8.3. Company Heat Map Analysis
8.4. Company Profiles/Listing
8.4.1. Axon Park
8.4.1.1. Participant’s Overview
8.4.1.2. Financial Performance
8.4.1.3. Product Benchmarking
8.4.1.4. Strategic Initiatives
8.4.2. Immerse Inc.
8.4.2.1. Participant’s Overview
8.4.2.2. Financial Performance
8.4.2.3. Product Benchmarking
8.4.2.4. Strategic Initiatives
8.4.3. Inspirit AI, Inc.
8.4.3.1. Participant’s Overview
8.4.3.2. Financial Performance
8.4.3.3. Product Benchmarking
8.4.3.4. Strategic Initiatives
8.4.4. Talespin Reality Labs, Inc.
8.4.4.1. Participant’s Overview
8.4.4.2. Financial Performance
8.4.4.3. Product Benchmarking
8.4.4.4. Strategic Initiatives
8.4.5. Ascent XR LLC
8.4.5.1. Participant’s Overview
8.4.5.2. Financial Performance
8.4.5.3. Product Benchmarking
8.4.5.4. Strategic Initiatives
8.4.6. G-Cube
8.4.6.1. Participant’s Overview
8.4.6.2. Financial Performance
8.4.6.3. Product Benchmarking
8.4.6.4. Strategic Initiatives
8.4.7. HoloPundits, Inc.
8.4.7.1. Participant’s Overview
8.4.7.2. Financial Performance
8.4.7.3. Product Benchmarking
8.4.7.4. Strategic Initiatives
8.4.8. Crane Company
8.4.8.1. Participant’s Overview
8.4.8.2. Financial Performance
8.4.8.3. Product Benchmarking
8.4.8.4. Strategic Initiatives
8.4.9. Labster, Inc.
8.4.9.1. Participant’s Overview
8.4.9.2. Financial Performance
8.4.9.3. Product Benchmarking
8.4.9.4. Strategic Initiatives
8.4.10. Mursion, Inc.
8.4.10.1. Participant’s Overview
8.4.10.2. Financial Performance
8.4.10.3. Product Benchmarking
8.4.10.4. Strategic Initiatives
List of Tables
Table 1. Immersive training market size estimates & forecasts 2018-2030 (USD Million)
Table 2. Immersive training market, by component 2018-2030 (USD Million)
Table 3. Immersive training market, by technology type 2018-2030 (USD Million)
Table 4. Immersive training market, by industry 2018-2030 (USD Million)
Table 5. Hardware market estimates & forecasts, 2018-2030 (USD Million)
Table 6. Software market estimates & forecasts, 2018-2030 (USD Million)
Table 7. Services market estimates & forecasts, 2018-2030 (USD Million)
Table 8. Virtual Reality (VR) market estimates & forecasts, 2018-2030 (USD Million)
Table 9. Augmented Reality (AR) market estimates & forecasts, 2018-2030 (USD Million)
Table 10. Mixed Reality (AR) market estimates & forecasts, 2018-2030 (USD Million)
Table 11. Others market estimates & forecasts, 2018-2030 (USD Million)
Table 12. Aerospace & Defense market estimates & forecasts, 2018-2030 (USD Million)
Table 13. Manufacturing market estimates & forecasts, 2018-2030 (USD Million)
Table 14. Automotive market estimates & forecasts, 2018-2030 (USD Million)
Table 15. Education market estimates & forecasts, 2018-2030 (USD Million)
Table 16. Media & Entertainment market estimates & forecasts, 2018-2030 (USD Million)
Table 17. Gaming market estimates & forecasts, 2018-2030 (USD Million)
Table 18. Healthcare market estimates & forecasts, 2018-2030 (USD Million)
Table 19. Retail & E-commerce market estimates & forecasts, 2018-2030 (USD Million)
Table 20. Others market estimates & forecasts, 2018-2030 (USD Million)
Table 21. North America immersive training market, by component 2018-2030 (USD Million)
Table 22. North America immersive training market, by technology type 2018-2030 (USD Million)
Table 23. North America immersive training market, by industry 2018-2030 (USD Million)
Table 24. U.S. immersive training market, by component 2018-2030 (USD Million)
Table 25. U.S. immersive training market, by technology type 2018-2030 (USD Million)
Table 26. U.S. immersive training market, by industry 2018-2030 (USD Million)
Table 27. Canada immersive training market, by component 2018-2030 (USD Million)
Table 28. Canada immersive training market, by technology type 2018-2030 (USD Million)
Table 29. Canada immersive training market, by industry 2018-2030 (USD Million)
Table 30. Mexico immersive training market, by component 2018-2030 (USD Million)
Table 31. Mexico immersive training market, by technology type 2018-2030 (USD Million)
Table 32. Mexico immersive training market, by industry 2018-2030 (USD Million)
Table 33. Europe immersive training market, by component 2018-2030 (USD Million)
Table 34. Europe immersive training market, by technology type 2018-2030 (USD Million)
Table 35. Europe immersive training market, by industry 2018-2030 (USD Million)
Table 36. UK immersive training market, by component 2018-2030 (USD Million)
Table 37. UK immersive training market, by technology type 2018-2030 (USD Million)
Table 38. UK immersive training market, by industry 2018-2030 (USD Million)
Table 39. Germany immersive training market, by component 2018-2030 (USD Million)
Table 40. Germany immersive training market, by technology type 2018-2030 (USD Million)
Table 41. Germany immersive training market, by industry 2018-2030 (USD Million)
Table 42. France immersive training market, by component 2018-2030 (USD Million)
Table 43. France immersive training market, by technology type 2018-2030 (USD Million)
Table 44. France immersive training market, by industry 2018-2030 (USD Million)
Table 45. Asia-Pacific immersive training market, by component 2018-2030 (USD Million)
Table 46. Asia-Pacific immersive training market, by technology type 2018-2030 (USD Million)
Table 47. Asia-Pacific immersive training market, by industry 2018-2030 (USD Million)
Table 48. China immersive training market, by component 2018-2030 (USD Million)
Table 49. China immersive training market, by technology type 2018-2030 (USD Million)
Table 50. China immersive training market, by industry 2018-2030 (USD Million)
Table 51. Japan immersive training market, by component 2018-2030 (USD Million)
Table 52. Japan immersive training market, by technology type 2018-2030 (USD Million)
Table 53. Japan immersive training market, by industry 2018-2030 (USD Million)
Table 54. India immersive training market, by component 2018-2030 (USD Million)
Table 55. India immersive training market, by technology type 2018-2030 (USD Million)
Table 56. India immersive training market, by industry 2018-2030 (USD Million)
Table 57. South Korea immersive training market, by component 2018-2030 (USD Million)
Table 58. South Korea immersive training market, by technology type 2018-2030 (USD Million)
Table 59. South Korea immersive training market, by industry 2018-2030 (USD Million)
Table 60. Australia immersive training market, by component 2018-2030 (USD Million)
Table 61. Australia immersive training market, by technology type 2018-2030 (USD Million)
Table 62. Australia immersive training market, by industry 2018-2030 (USD Million)
Table 63. Latin America immersive training market, by component 2018-2030 (USD Million)
Table 64. Latin America immersive training market, by technology type 2018-2030 (USD Million)
Table 65. Latin America immersive training market, by industry 2018-2030 (USD Million)
Table 66. Brazil immersive training market, by component 2018-2030 (USD Million)
Table 67. Brazil immersive training market, by technology type 2018-2030 (USD Million)
Table 68. Brazil immersive training market, by industry 2018-2030 (USD Million)
Table 69. MEA immersive training market, by component 2018-2030 (USD Million)
Table 70. MEA immersive training market, by technology type 2018-2030 (USD Million)
Table 71. MEA immersive training market, by industry 2018-2030 (USD Million)
Table 72. Saudi Arabia immersive training market, by component 2018-2030 (USD Million)
Table 73. Saudi Arabia immersive training market, by technology type 2018-2030 (USD Million)
Table 74. Saudi Arabia immersive training market, by industry 2018-2030 (USD Million)
Table 75. South Africa immersive training market, by component 2018-2030 (USD Million)
Table 76. South Africa immersive training market, by technology type 2018-2030 (USD Million)
Table 77. South Africa immersive training market, by industry 2018-2030 (USD Million)
Table 78. UAE immersive training market, by component 2018-2030 (USD Million)
Table 79. UAE immersive training market, by technology type 2018-2030 (USD Million)
Table 80. UAE immersive training market, by industry 2018-2030 (USD Million)
List of Figures
Figure 1 Immersive Training Market Segmentation
Figure 2 Information procurement
Figure 3 Data analysis models
Figure 4 Market formulation and validation
Figure 5 Data validating & publishing
Figure 6 Immersive Training Market Snapshot
Figure 7 Immersive Training Market Segment Snapshot
Figure 8 Immersive Training market competitive landscape snapshot
Figure 9 Market research process
Figure 10 Market driver relevance analysis (current & future impact)
Figure 11 Market restraint relevance analysis (current & future impact)
Figure 12 Immersive Training market, by component, key takeaways
Figure 13 Immersive Training market, by component, market share, 2024 & 2030
Figure 14 Hardware market estimates & forecasts, 2018-2030 (USD Million)
Figure 15 Software market estimates & forecasts, 2018-2030 (USD Million)
Figure 16 Services market estimates & forecasts, 2018-2030 (USD Million)
Figure 17 Immersive Training market, by technology type, key takeaways
Figure 18 Immersive Training market, by technology type, market share, 2024 & 2030
Figure 19 Virtual Reality (VR) market estimates & forecasts, 2018-2030 (USD Million)
Figure 20 Augmented Reality (AR) market estimates & forecasts, 2018-2030 (USD Million)
Figure 21 Mixed Reality (MR) market estimates & forecasts, 2018-2030 (USD Million)
Figure 22 Others market estimates & forecasts, 2018-2030 (USD Million)
Figure 23 Immersive Training market, by industry, key takeaways
Figure 24 Immersive Training market, by industry, market share, 2024 & 2030
Figure 25 Aerospace & Defense market estimates & forecasts, 2018-2030 (USD Million)
Figure 26 Manufacturing market estimates & forecasts, 2018-2030 (USD Million)
Figure 27 Automotive market estimates & forecasts, 2018-2030 (USD Million)
Figure 28 Education market estimates & forecasts, 2018-2030 (USD Million)
Figure 29 Media & Entertainment market estimates & forecasts, 2018-2030 (USD Million)
Figure 30 Gaming market estimates & forecasts, 2018-2030 (USD Million)
Figure 31 Healthcare market estimates & forecasts, 2018-2030 (USD Million)
Figure 32 Retail & E-commerce market estimates & forecasts, 2018-2030 (USD Million)
Figure 33 Others market estimates & forecasts, 2018-2030 (USD Million)
Figure 34 Regional marketplace: key takeaways
Figure 35 North America immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 36 US immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 37 Canada immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 38 Europe immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 39 UK immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 40 Germany immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 41 France immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 42 Asia Pacific immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 43 China immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 44 India immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 45 Japan immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 46 South Korea immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 47 Australia immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 48 Latin America immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 49 Brazil immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 50 Mexico immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 51 MEA immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 52 Saudi Arabia immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 53 UAE immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 54 South Africa immersive training market estimates & forecast, 2018-2030 (USD Million)
Figure 55 Key company categorization
Figure 56 Strategy framework

Companies Mentioned

The major companies profiled in this Immersive Training market report include:
  • Axon Park
  • Immerse Inc.
  • Inspirit AI, Inc.
  • Talespin Reality Labs, Inc.
  • Ascent XR LLC
  • G-Cube
  • HoloPundits, Inc.
  • Crane Company
  • Labster, Inc.
  • Mursion, Inc.

Methodology

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