Metaverse Market size poised to enlarge worth $1,303.4 billion by 2030
According to a research report “Metaverse Market by Component (Hardware (AR Devices, VR Devices, MR Devices), Software, Professional Services), Vertical (Consumer, Commercial, Industrial Manufacturing), & Region(North America, APAC, Europe, MEA, Latin America) – Global Forecast to 2030″ published by MarketsandMarkets, the global metaverse market is expected to...
Metaverse for Automotive Industry Booming, Projected to Reach $16.5 Billion by 2030
The global metaverse market for automotive is projected to grow from USD 1.9 billion in 2022 to USD 16.5 billion by 2030, at a CAGR of 31.4%.
Factors such as growing inclination of automotive OEMs for developing technologies like digital twin factories and virtual showrooms in the metaverse space has led to a rapid growth of metaverse industry. Many software giants and start-ups are also developing...
Metaverse evolution and its future market potential
In the past two years, Meta has spent more than USD 10 billion on their metaverse business division – Reality Labs, becoming one of the first companies to take giant steps toward building metaverse. In October 2022, CEO Mark Zuckerberg declared that the company further aims to increase its investments in the metaverse in 2023 by launching its new virtual reality headsets.
Microsoft, another technology...
Metaverse Market Size Share, Statistics and Revenue Forecast by 2027
According to a new
market research report “Metaverse Market by Component (Hardware, Software (Extended Reality
Software, Gaming Engine, 3D Mapping, Modelling & Reconstruction, Metaverse
Platform, Financial Platform), and Professional Services), Vertical and Region
– Global Forecast to 2027″ published by
MarketsandMarkets, the Metaverse Market size is projected...