The global real estate virtual tour software market is growing at a significant CAGR of more than 22.0% during the forecast period (2019-2025). Virtual reality in real estate and construction projects involves placing a 3D model of a proposed design onto an existing space using mobile devices and 3D models. There is a potential in virtual reality technology to drive consumer purchasing the real estate. The US, Germany, Japan, and UK have the largest online real estate platform. VR has made a significant bound in recent years, moving from heavy prototypes to mobile and affordable headsets. VR finds new ways of practical and commercial applications such as real estate, retail, and live events. The number of sold devices is increasing and the immersive content is becoming realistic.
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