Global Racing Simulator Market Sets Incredible Growth

Discussion in 'Sim Racing' started by Warner Williams, Apr 17, 2024.

  1. Warner Williams

    Warner Williams Moderator Staff Member

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    During the forecasted period, the global Racing Simulator market size is expected to grow from USD 0.45 Billion in 2023 to USD 1.9 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 15.49%.

    Based on a research report published by Spherical Insights & Consulting, the global racing simulation market was valued at USD 0.45 billion by 2023 with a growth forecast of USD 1.9 billion by 2033.


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    In addition to motion rigs and high-fidelity wheels, racing simulators use virtual reality headsets. Interest in sim racing, electronic sports, and competitive video games has increased dramatically over the last decade.
     

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