South Africa virtual reality revenue 2016-2023, by type

Despite being a relatively new industry, the virtual reality market is booming across the globe and Africa is no different. While the revenue of the VR video market stood at just 24 million South African rand in 2018, it is expected to soar up to 195 million South African rand by 2023 at a compound annual growth rate of 52.5 percent.

Market value of the virtual reality market in South Africa from 2016 to 2023, by category

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Sources

Release date

October 2019

Region

South Africa

Survey time period

2016 to 2018

Supplementary notes

* Forecast.

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