How Big is Saudi Arabia Extended Reality Market Industry?

The Saudi Arabia extended reality market size reached USD 1,195.39 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 20,686.61 Million by 2033, exhibiting a growth rate (CAGR) of 37.27% during 2025-2033.

Saudi Arabia Extended Reality Market Trends:

The Saudi Arabian XR market’s growth can be attributed to the Vision 2030 program, which aims at adopting advanced technologies, particularly in digital sectors. Further to this vision, the government is cultivating the advanceception of Information Technology solution technologies in the engineering sectors such as by embracing augmented reality (AR), virtual reality (VR), and mixed reality (MR). Some of the opportunities of XR technology are seen in industries such as educations, healthcare, entertainment, and real estate.

For instance, educational institutions are now using VR in developing realistic learning environments while healthcare are using AR in training medical personnel and patient treatment. There is also the element of a young, technology-savvy population with interest in new forms of entertainment. In fact, the concept of smart city and mega project such as NEOM is also opening up new areas of application in fields like urban design, tourism, retail and so on, thus fueling market growth.

Saudi Arabia Extended Reality Market Scope and Growth Analysis:

However, there are challenges that the Saudi XR market will have to overcome and they include high implementation costs, little local content generation, and infrastructure for support for these technologies. Nevertheless, all these inhibitions are yet to be tackled through governmental interferences, private entity funding, and collaborations with enormous technology giants. Specifically, the entertainment and gaming industries are benefiting, as XR allows for interesting experiences for consumers to participate in. On the other hand, the gap has been filled by the business sector where the usage of AR and VR can be witnessed in the areas of training, product visualization, remote working and many others given that the trend of remote working has risen in recent years.

Saudi Arabia’s goal of turning the Kingdom into a tech hub is also leading to the attraction of more international XR companies and competition in the market. As the knowledge of VR, AR, and MR increases, there are projections of Saudi Arabia becoming a significant market and market trend setter since the trends reflect both the culture and modern technology.

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Saudi Arabia Extended Reality Market Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the Saudi Arabia extended reality market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.

Component Insights:

  • Hardware
  • Software
  • Services

Type Insights:

  • Consumer Engagement
  • Business Engagement

Organization Size Insights:

  • Small and Medium-sized Enterprise
  • Large Enterprises

Application Insights:

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

End User Industry Insights:

  • Education
  • Retail
  • Industrial and Manufacturing
  • Healthcare
  • Media and Entertainment
  • Others

Regional Insights:

  • Northern and Central Region
  • Western Region
  • Eastern Region
  • Southern Region

Other Key Points Covered in the Report:

  • COVID-19 Impact on the Market
  • Porter's Five Forces Analysis
  • Strategic Recommendations
  • Market Dynamics
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape
  • Top Winning Strategies
  • Recent Industry News
  • Key Technological Trends & Development

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. 

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

 

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