From GlobeNewswire: 2025-04-17 10:00:00

The Immersive Training Market was valued at USD 13.2 billion in 2023 and is projected to reach USD 128.0 billion by 2032, growing at a CAGR of 28.79%. The U.S. leads with a market size of USD 3.89 billion in 2023 and is expected to hit USD 37.20 billion by 2032, driven by sectors like defense and healthcare. Hardware dominates the market with a 47% revenue share, while software is growing rapidly due to dynamic training applications and real-time analytics. Virtual Reality leads in technology, with Augmented Reality showing rapid growth. Gaming remains dominant in the industry, with healthcare emerging as the fastest-growing sector. North America leads the market, while Asia-Pacific is witnessing rapid growth with investments in AR/VR technologies. Recent developments include Strivr’s partnership with Walmart for VR safety training and PTC’s updates to its Vuforia platform for industrial training. EON Reality also launched AI-powered XR tools for healthcare simulation training. The immersive training market is projected to reach a value of $29.5 billion by 2032. Factors driving growth include increasing adoption of AR and VR technologies for training purposes across various industries. Key players include Oculus VR, HTC Corporation, and Google LLC.

In the immersive virtual reality market, the forecast is set to reach $40.2 billion by 2032. Rising demand for VR in gaming, entertainment, and healthcare sectors is fueling market growth. Companies such as Sony Corporation, Samsung Electronics, and Microsoft Corporation are leading the market.

AI agents market growth is expected to reach $15.7 billion by 2032. The increasing use of AI-powered chatbots and virtual assistants in customer service and business operations is boosting market expansion. Top players in the market include IBM Corporation, Google LLC, and Amazon Web Services.

Video on demand market analysis projects a value of $110.5 billion by 2032. The surge in online streaming platforms and original content production is driving market growth. Netflix, Amazon Prime Video, and Disney+ are among the key players dominating the market.

Blockchain in agriculture and food supply chain market is set to expand to $1.4 billion by 2032. The implementation of blockchain technology for traceability and transparency in food supply chains is driving market growth. Key players include IBM, Microsoft, and SAP.

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