Jan 10th, 2023 · Comments Off on 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...
Nov 29th, 2022 · Comments Off on Metaverse Market estimated to grow USD 426.9 billion by 2027
The
global Metaverse Market size is projected to
grow from USD 61.8 billion in 2022 to USD 426.9 billion by 2027, at a Compound
Annual Growth Rate (CAGR) of 47.2% during the forecast period.
Major factors that
are expected to drive the growth of the Metaverse Market include affordability
of the metaverse devices for customers – the launch of VR devices in countries
such as China and...