Saudi Arabia Metaverse Market Overview

Market Size in 2025: USD 2.1 Billion

Market Forecast in 2034: USD 38.5 Billion

Market Growth Rate 2026-2034: 38.12%

According to IMARC Group's latest research publication, "Saudi Arabia Metaverse Market Report by Component (Hardware, Software, Service), Technology (Blockchain, Virtual Reality and Augmented Reality, Mixed Reality, and Others), Application (Gaming, Online Shopping, Content Creation and Social Media, Events and Conference, Digital Marketing, Testing and Inspection, and Others), Industry Vertical (BFSI, Retail, Media and Entertainment, Education, Aerospace and Defense, Automotive, and Others), and Region 2026-2034", the Saudi Arabia metaverse market size reached USD 2.1 Billion in 2025. Looking forward, IMARC Group expects the market to reach USD 38.5 Billion by 2034, exhibiting a growth rate (CAGR) of 38.12% during 2026-2034. 

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How AI is Reshaping the Future of Saudi Arabia Metaverse Market

• AI enhances Saudi metaverse user experience by enabling realistic avatars and intelligent interaction, leading to 45% higher engagement in virtual environments.
• Government’s AI initiatives fund metaverse projects, accelerating development of immersive educational and cultural platforms showcasing Saudi heritage.
• AI-powered content creation tools reduce development time by 30%, allowing faster launch of metaverse applications across gaming, retail, and entertainment sectors.
• Major Saudi tech firms integrate AI to improve virtual asset security, cutting fraud incidents by nearly 25% and boosting user trust in digital economies.
• AI-driven analytics personalize metaverse marketing, increasing subscription rates and monetization opportunities for Saudi businesses innovating in virtual spaces.

Saudi Arabia Metaverse Market Trends & Drivers:

Saudi Arabia’s metaverse market is rapidly growing, driven by strong government backing to digitalize infrastructure and economic sectors under Vision 2030. The country’s young, tech-savvy population fuels demand for immersive experiences in gaming, education, and social interactions. High-speed internet and 5G expansions enable seamless virtual engagements. The Ministry of Culture’s Cultural Universe initiative showcases Saudi history and heritage through metaverse platforms, attracting global users and promoting national identity digitally. This surge propels Saudi Arabia toward leadership in the regional metaverse space, fostering innovation and diversified digital economy opportunities.​

Growing enterprise adoption of metaverse technologies is transforming commercial sectors like real estate, retail, and tourism. Virtual property tours and immersive shopping experiences save time, reduce costs, and offer personalized engagement. Saudi’s megaprojects such as Qiddiya City, focused on gaming and entertainment, benefit from metaverse integration, positioning the Kingdom as a regional innovation hub. Companies like VEEM provide metaverse-as-a-service solutions, partnering with public and private sectors to boost operational efficiencies and deliver novel consumer experiences. This new digital frontier is increasingly embedded in Saudi Arabia’s urban and cultural development plans.​

Blockchain and AI advancements underpin the metaverse’s expansion in Saudi Arabia, enhancing security, interoperability, and user personalization. The government supports tech research in these areas through incubators and accelerators, fostering startups focused on immersive content and digital assets. The emerging metaverse ecosystem encourages cross-sector collaborations, including education, healthcare, and entertainment, expanding use cases beyond gaming. However, regulatory frameworks and infrastructure scaling remain challenges being addressed to ensure sustainable, inclusive growth. Saudi Arabia’s strategic emphasis on emerging technologies positions it to harness full metaverse potential amid global digital transformation.​

Saudi Arabia Metaverse Industry Segmentation:

The report has segmented the market into the following categories:

Component Insights:

• Hardware
• Software
• Service

Technology Insights:

• Blockchain
• Virtual Reality and Augmented Reality
• Mixed Reality
• Others

Application Insights:

• Gaming
• Online Shopping
• Content Creation and Social Media
• Events and Conference
• Digital Marketing
• Testing and Inspection
• Others

Industry Vertical Insights:

• BFSI
• Retail
• Media and Entertainment
• Education
• Aerospace and Defense
• Automotive
• Others

Regional Insights:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Recent News and Developments in Saudi Arabia Metaverse Market

• Nov 2025: Saudi Arabia launched the Cultural Metaverse platform, attracting over 1.2 million users and digitally showcasing national heritage with immersive AI technologies.
• Oct 2025: The Ministry of Culture partnered with global tech firms to develop AI-powered virtual reality experiences promoting Saudi arts and tourism internationally.
• Sep 2025: VEEM introduced metaverse-as-a-service, enabling businesses to create virtual stores, enhancing customer engagement and boosting online sales by 35%.

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About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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