Head Mounted Display Market: Emerging Trends and Future Opportunities 2025-2030
The global head mounted display market size is estimated to reach USD 45.41 billion by 2030, expanding at a CAGR of 27.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. Reducing silicon wafer costs have directly impacted microdisplay prices, which form a sizable percentage of the resultant HMD cost. As a result, declining microdisplay prices coupled with the growing demand for wearable, lightweight devices are expected to be key driving forces for the HMD market. Defense services are a key contributor to global demand, wherein head-mounted displays aid in security, imaging, and tracking. Head-mounted displays offer a high degree of mobility and computing power, which has led to increasing market penetration in the consumer sector. Growing demand from automotive prototyping is expected to be a key opportunity for industry participants. Lack of standardization resulting in design issues may restrain market growth over the next six ...