Vietnam Virtual Reality Gaming Market Size, Share, Trends and Forecast by Segment, Device, Age Group, Type of Games, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A42876

Vietnam Virtual Reality Gaming Market Overview:

The Vietnam virtual reality gaming market size reached USD 235.50 Million in 2024. The market is projected to reach USD 1,929.72 Million by 2033, exhibiting a growth rate (CAGR) of 23.41% during 2025-2033. The market is fueled by rapid mobile gaming integration with VR technology, significant government support and digital infrastructure expansion. Apart from this, rising hardware manufacturing capabilities with strategic international partnerships is supporting the market. Additionally, Vietnam's emergence as one of the world's top three mobile game publishers and the country's strong smartphone penetration are propelling the Vietnam virtual reality gaming market share.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 235.50 Million
Market Forecast in 2033	USD 1,929.72 Million
Market Growth Rate 2025-2033	23.41%

Vietnam Virtual Reality Gaming Market Trends:

Mobile Gaming Technology Integration Accelerates

The sector is experiencing unprecedented growth through the seamless integration of mobile gaming platforms with advanced VR technologies. The country has established itself as a global leader in mobile game development, with games created by Vietnamese developers recording a growth rate that was 2.5 times faster than the global average. This momentum has naturally extended into VR gaming applications, where developers are leveraging their mobile gaming expertise to create accessible and engaging virtual reality experiences. The widespread smartphone adoption, exceeding 84% of the population, combined with comprehensive 4G coverage at 99.8%, creates an optimal foundation for mobile VR gaming proliferation. Vietnamese consumers are increasingly embracing VR-compatible mobile devices and standalone VR headsets that can seamlessly connect with their existing gaming ecosystems. The integration trend is further supported by affordable data plans and improved internet infrastructure, making VR gaming more accessible to a broader demographic. This technological convergence is positioning Vietnam as a significant player in the global VR gaming market, attracting both domestic and international investment in VR gaming development and distribution.

Government Support Drives Digital Infrastructure Expansion

The Vietnamese government has emerged as a pivotal force in accelerating the Vietnam virtual reality gaming market growth through comprehensive digital transformation initiatives and strategic industry support. The Ministry of Information and Communications has actively collaborated with game producers and distributors to guide sector development, creating favorable regulatory environments that encourage VR gaming innovation. Government policies have eliminated barriers such as the proposed special consumption tax on gaming, demonstrating a commitment to fostering a business-friendly environment for the gaming industry. Infrastructure investments have been substantial, with the expansion of broadband access in rural areas creating opportunities for VR gaming penetration across diverse geographical regions. The government aims for Vietnam's digital economy to grow at a 20% directly supporting VR gaming market expansion through enhanced connectivity, reduced latency networks, and improved digital payment systems. Educational initiatives have also been launched, with universities like PTIT and BUV introducing game design and development programs that emphasize VR technologies and immersive game mechanics. These comprehensive support measures create a sustainable ecosystem where VR gaming companies can thrive, innovate, and scale their operations effectively.

Hardware Manufacturing Partnerships Transform Market Landscape

The market is being revolutionized through strategic hardware manufacturing partnerships and international technology transfers that position the country as a regional VR production hub. Meta's landmark decision to establish Quest 3S VR headset production facilities in Vietnam represents a significant validation of the country's manufacturing capabilities and strategic importance in the global VR supply chain. The manufacturing expansion extends beyond international partnerships to include domestic innovations, with Vietnamese companies like VinGroup and FPT Corporation investing heavily in VR hardware development and localized gaming content creation. Joint ventures such as the ST Telemedia Global Data Centres partnership with VNG Corporation for Ho Chi Minh City data center development provide the critical infrastructure backbone necessary for cloud-based VR gaming services. These manufacturing and infrastructure developments create a comprehensive ecosystem where hardware production, content development, and distribution capabilities converge to support sustained market growth. The emphasis on local production also reduces import costs and improves product affordability, making VR gaming more accessible to Vietnamese consumers while establishing export capabilities for regional markets.

Vietnam Virtual Reality Gaming Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on segment, device, age group, and type of games.

Segment Insights:

Software
Hardware

The report has provided a detailed breakup and analysis of the market based on the segment. This includes software and hardware.

Device Insights:

Personal Computers
Gaming Consoles
Mobile Devices

A detailed breakup and analysis of the market based on the device have also been provided in the report. This includes personal computers, gaming consoles, and mobile devices.

Age Group Insights:

Adults
Children

The report has provided a detailed breakup and analysis of the market based on the age group. This includes adults and children.

Type of Games Insights:

Racing
Adventure
Fighting
Shooting
Mystery Thriller
Puzzle
Science Fiction
Others

A detailed breakup and analysis of the market based on the type of games have also been provided in the report. This includes racing, adventure, fighting, shooting, mystery thriller, puzzle, science fiction, and others.

Regional Insights:

Northern Vietnam
Central Vietnam
Southern Vietnam

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Vietnam Virtual Reality Gaming Market News:

October 2024: Meta announced plans to move the production of its next-generation VR headsets to Vietnam, aiming to start manufacturing the Quest 3S, a more affordable version of the Quest 3 mixed reality headset, by 2025. This initiative is expected to create over 1,000 jobs, support the growth of Vietnam’s tech manufacturing sector, and reduce Meta’s reliance on China for VR hardware production.

Vietnam Virtual Reality Gaming Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Segment Device Age Group Type of Games Region
Segments Covered	Software, Hardware
Devices Covered	Personal Computers, Gaming Consoles, Mobile Devices
Age Groups Covered	Adults, Children
Types of Games Covered	Racing, Adventure, Fighting, Shooting, Mystery Thriller, Puzzle, Science Fiction, Others
Regions Covered	Northern Vietnam, Central Vietnam, Southern Vietnam
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Vietnam virtual reality gaming market performed so far and how will it perform in the coming years?
What is the breakup of the Vietnam virtual reality gaming market on the basis of segment?
What is the breakup of the Vietnam virtual reality gaming market on the basis of device?
What is the breakup of the Vietnam virtual reality gaming market on the basis of age group?
What is the breakup of the Vietnam virtual reality gaming market on the basis of type of games?
What is the breakup of the Vietnam virtual reality gaming market on the basis of region?
What are the various stages in the value chain of the Vietnam virtual reality gaming market?
What are the key driving factors and challenges in the Vietnam virtual reality gaming market?
What is the structure of the Vietnam virtual reality gaming market and who are the key players?
What is the degree of competition in the Vietnam virtual reality gaming market?

Key Benefits for Stakeholders:

IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Vietnam virtual reality gaming market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam virtual reality gaming market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Vietnam virtual reality gaming industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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