Global 5G Virtual Reality Market Size, Forecast, and Trend Highlights Over 2025-2037
5G Virtual Reality Market size was valued at USD 4.7 billion in 2024 and is poised to exceed USD 294.8 billion by 2037, expanding at a 38% CAGR during the forecast period, i.e., between 2025–2037. In 2025, the industry size of 5G virtual reality is evaluated at USD 6 billion.
A few indicators influencing the 5G virtual reality market is the surging adoption of 5G smartphones across the world. This has created a sufficient user base for 5G-enable VR applications. Another supportive trend has been the expansion of gigabit Ethernet fiber networks, which offers greater opportunities for service providers along with content developers to provide high-quality VR experiences. The table below highlights recent 5G coverage trends, and the heightened deployment is a major factor propelling the market’s growth:
|
Region |
5G Coverage (%) |
Total 5G Connections (2025) |
Key Countries Leading Deployment |
|
Global |
33% of world population |
1.2 billion |
China, U.S., India, South Korea, Germany |
|
Asia-Pacific |
77% (China), 51% (India), 37% (Singapore) |
Rapid expansion |
China, India, Singapore, South Korea |
|
North America |
77% (U.S.) |
High adoption rate |
U.S., Canada |
|
Europe |
Slower rollout |
Gradual increase |
Germany, Spain, Austria |
|
Middle East & Africa |
Emerging markets |
Early-stage deployment |
UAE, Saudi Arabia, South Africa |
In terms of the trade dynamics, the U.S. Census Bureau’s data has highlighted that the imports of telecommunications equipment, such as those relevant to 5G VR totaled USD 65.1 billion in 2024, marking a 6.9% increase compared to the previous year. The exports in the category reached USD 45.2 billion, reflecting a 5.1% rise in the same year. Additionally, the assembly line for 5G VR products is embracing automation to bolster efficiency.
The market’s supply chain involves a myriad of components, from sensors, displays, software platforms, to semiconductors. The impediment of over reliance on the semiconductor sector may be detrimental as disruptions in key regions such as Taiwan can cause cascading effects on VR device production. To negate that, recent trends highlight the advent of reshoring and diversification which are poised to be at the forefront of the supply chain's evolution, ensuring a heightened flow of components required for VR device assembly.
