According to Cognitive Market Research, the global mixed reality market size will be USD 4251.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 68.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 1700.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 66.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1275.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 977.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 70.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 212.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 67.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 85.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 67.7% from 2024 to 2031.
The hardware held the highest mixed reality market revenue share in 2024.
