Startup Ideas AI

Virtual reality (VR) concerts offer a unique and immersive experience for music lovers, bringing live performances to their homes. Users can attend concerts from their favorite musicians, enjoy high-quality audiovisuals, and have interactive features. Market size: The global virtual reality market size was valued at $7.3 billion in 2020 and is expected to reach $32.2 billion by 2027, with a CAGR of 30.2%. The music industry has a huge potential customer base for VR concerts.