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Metaverse Market is expected to grow with a CAGR of 42.5% from 2023 to 2030.

Posted by Amrit Mahato on April 19, 2024 - 10:01am

This report describes the global market size of Metaverse Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 42.5% from 2023 to 2030.

People engage with one another across various platforms in a 3D, immersive virtual world called the metaverse. Augmented reality and virtual reality are utilised to make the experience immersive. In the metaverse, which simulates the actual world, users can communicate with others and make virtual purchases using avatars.


Top Companies in the Global Metaverse Market: Meta Platforms, Inc., Tencent Holdings Ltd., ByteDance Ltd., NetEase, Inc., Nvidia Corporation, Epic Games, Inc., Roblox Corporation, Unity Technologies, Inc., Lilith Games, Nextech AR Solutions Corp., others.

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The Metaverse market can be divided based on product types and its sub-type, major applications and Third-Party usage area, and important regions.

By Product
Infrastructure
Chips & Processors
Network Capabilities
Cloud & Edge Infrastructure
Cybersecurity
Hardware
Holographic Displays
eXtended Reality (XR) Hardware
Haptic Sensors & Devices
Smart Glasses
Omni Treadmills
AR/VR Devices
Others
Software
Asset Creation Tools
Programming Engines
Virtual Platforms
Avatar Development
Services
User Experiences (Events, Gaming, etc.)
Asset Marketplaces
Financial Services

By Platform
Desktop
Mobile
Headsets

By Technology
Blockchain
Virtual Reality (VR) & Augmented Reality (AR)
Mixed Reality (MR)
Others

By Application
Gaming
Online Shopping
Content Creation & Social Media
Events & Conference
Digital Marketing (Advertising)
Testing and Inspection
Others

By End Use
Aerospace & Defense
Education
Healthcare
Tourism and Hospitality
BFSI
Retail
Media & Entertainment
Automotive
Others



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  • Improved understanding of your target demographics.

 



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