Metaverse Market


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Uploaded on Dec 20, 2021

Category Business

The global metaverse market size was USD 48.12 Billion in 2020 and is expected to register a revenue CAGR of 44.1% during the forecast period. Rising demand for virtual assets, increasing usage of Non-Fungible Tokens (NFTs) to trade digital assets, growing focus on developing metaverse platforms for diverse applications by tech giants, and rapid development of Decentralized Finance (DeFi) applications are among some of the key factors expected to continue to drive market revenue growth during the forecast period.

Category Business

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Metaverse Market

Global Metaverse Market Size to Reach USD 872.35 Billion in 2028 www.reportsanddata.com Market Rising demand for virtual assets and incSreausinmg usamge oaf NrFTys to trade digital assets are some key factors driving market revenue growth Market Size – USD 48.12 Billion in 2020, Market Growth – at a CAGR of 44.1%, Market Trends – Presence of number of tech giants and start-ups in North America The global metaverse market size is expected to reach USD 872.35 Billion in 2028 and register a revenue CAGR of 44.1% over the forecast period, according to a latest report by Reports and Data. Rising demand for Mixed Reality (MR) for use in the metaverse is expected to drive market revenue growth to a significant extent during the forecast period. In addition, increasin g demand for virtual assets and usage of Non- fungible Tokens (NFTs) to trade digital assets is expected to boost market revenue growth going ahead. Some major companies included in the global market report are Facebook, Inc., Tencent Holdings Ltd., ByteDance Ltd., NetEase, Inc., Nvidia Corporation, Epic Games, Inc., Unity Technologies, Inc., Roblox Corporation, Lilith Games, and Nextech AR Solutions Corp. To understand how our Metaverse Market report can bring difference to your business strategy:- https://www.reportsanddata.com/report-detail/metaverse-market Market Platform Outlook (Revenue,S UuSDm Bimlliona; r20y18-2028) • Mobile • Desktop Component Outlook (Revenue, USD Billion; 2018-2028) • Software • Asset Creation Tools • Programming Engines • Hardware • Virtual Reality (VR) Headsets & Augmented Reality (AR) Headsets • Display • Extended Reality (XR) Hardware • Omni Treadmills • Haptic Devices & Sensors • Smart Glasses Market Technology Outlook (Revenue,S USuD mBillimon; a20r1y8-2028) • Virtual Reality (VR) & Augmented Reality (AR) • Mixed Reality (MR) • Blockchain Offerings Outlook (Revenue, USD Billion; 2018-2028) • Avatars • Virtual Platforms • Asset Marketplaces • Financial Services Application Outlook (Revenue, USD Billion; 2018-2028) • Social Media • Gaming • Aircraft Maintenance • Conference • Content Creation • Online Shopping • Virtual Runway Shows Market End-use Outlook (Revenue, USSDu Bmilliomn; a20r1y8-2028) • Media & Entertainment • Aerospace & Defense • Fashion • Education • Others Download summary form: https://www.reportsanddata.com/download-summary-form/4807 Regional Outlook (Revenue, USD Billion; 2018-2028) • North America • Europe • Asia Pacific • Latin America • Middle East & Africa About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. John Watson John HWeaadts oof nBusiness Development Head oRfe Bpuorstins eAsnsd D Devaetalo |p Wmeebn:t www.reportsanddata.com ReporDtsi rAenctd L Dinaeta: +| 1W-e2b1:2 w-7w1w0.-r1ep3o7r0tsanddata.com DirectE L-imneai: l+: [email protected] E-mail: [email protected]