Metaverse Market – Trends Forecast Till 2030

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Metaverse Market Trends, Size, Share, Demands,
Overview, Growth, Revenue and Forecast to 2030
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Metaverse Market by Product, By Platform, By
Technology (Blockchain, Virtual Reality (VR)
Augmented Reality (AR), Mixed Reality (MR)), By
Offering, By Application, By End Use, and region
(North America, Europe, Asia-Pacific, Middle East
and Africa and South America).

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Market Overview
Metaverse platforms are a network of
three-dimensional (3D) virtual environments
centered on social interaction and communication.
Metaverse platforms are frequently portrayed in
futuristic and science fiction as a potential
iteration of the Internet as a single, worldwide
virtual environment made possible by the usage of
virtual reality and augmented reality headgear.
Such advancements in metaverse technology are
expected to contribute toward the development of
the metaverse industry in the coming years. The
rise in demand for work-from-home and remote
working tools during the period of the COVID-19
pandemic led to the growth of the global
metaverse market. Growth in the popularity of
cryptocurrencies and non-fungible tokens (NFTs)
positively impacts the metaverse market growth.
Furthermore, a positive drive toward
decentralized network technology is expected to
offer remunerative opportunities for the
expansion of the metaverse market during the
forecast period. Purchase this Report
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Key Findings
Metaverse Market is segmented into various
segments such as product outlook, platform
outlook, technology outlook, offering outlook,
application outlook, end user, and region The
product segment is further fragmented into
Hardware, Software, and Services. The hardware
segment accounted for the largest share and is
anticipated to dominate the market during the
forecast period. The growth is due to a growing
focus among firms on producing products that
provide a better user experience and enable more
extended user immersion. To improve the realism
of virtual worlds, companies are also working to
develop more advanced hardware, such as VR/AR
headsets, haptic devices, and sensors. The
platform segment is further fragmented into
Desktop, Mobile, and Headsets. The desktop
segment accounted for the largest revenue share
and is anticipated to dominate the market during
the forecast period. Computers used to be the
primary portal into the metaverse, but with the
introduction of smartphones and wireless
networks, that has changed. Virtual desktop is a
program that allows users to utilize the computer
in virtual reality using the HTC Vive, Oculus
Rift / Rift S, WMR headsets, and Valve Index. On
a massive virtual screen, users may surf the web,
view movies on Netflix, and even play games.
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Key Findings
The market is also divided into various regions
such as North America, Europe, Asia-Pacific,
South America, and Middle East and Africa. North
America is estimated to account for the largest
market share during the forecast period. Inquire
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Competitive Landscape

• Accenture
• Adobe
• HPE
• Deloitte
• Ansys
• Autodesk
• Intel
• Tech Mahindra
• Google
• Sony
• Apple
• Panasonic

• Meta Platforms, Inc.
• Epic Games, Inc.
• Nvidia Corporation
• Tencent Holdings Ltd
• ByteDance Ltd.
• Lilith Games
• Unity Technologies, Inc.
• Roblox Corporations
• NetEase, Inc.
• Nextech AR Solutions Corp
• Valve

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Recent Developments
In January 2022, The Sandbox announced a
partnership with Warner Music Group to launch the
first music-themed world in The Sandbox
metaverse. Warner Music Group (WMG) would be
taking its initial steps into the metaverse and
NFT sector with this alliance.  In November
2021, Tencent Holdings, Ltd announced that it has
partnered with The Asian Institute of Digital
Finance. The companies will collaborate in the
areas of education, research, and
entrepreneurship to support Asia's fintech
industry.
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Contact Information
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