Between 2020 and 2023, the immersive experience industry in the United States experienced significant growth, driven by
advancements in technology and increasing consumer demand.
Here are some key statistics:
- Market Size and Growth: In 2023, the U.S. immersive entertainment market was valued at approximately $32.59 billion and is projected to grow at a compound annual growth rate (CAGR) of 21.9% from 2024 to 2030.
Grand View Research
- Consumer Spending: By 2025, revenue in the U.S. augmented reality (AR) and virtual reality (VR) market is projected to reach $12.6 billion, with an expected annual growth rate of 6.89% from 2025 to 2029.
Statista
- Content Creation: The U.S. immersive content creation market was valued at $5.06 billion in 2024, with a projected CAGR of 21.6%.
Market.us
- Immersive Displays: The global immersive display in entertainment market is expected to reach $29.87 billion by 2034, with a CAGR of 23.7%.
Polaris
- Consumer Engagement: By the end of 2021, the gaming live-streaming audience reached approximately 728.8 million, marking a 10% increase from 2020, indicating a growing demand for immersive experiences in entertainment.
Polaris
PHOTO: Seven worlds one planet at the BBC Earth Experience.