Global Industrial Metaverse Market Size & Outlook

The industrial metaverse industry worldwide is expected to reach a projected revenue of US$ 170,117.2 million by 2030. A compound annual growth rate of 33.6% is expected of the worldwide industrial metaverse industry from 2024 to 2030.
Revenue, 2023 (US$M)
$22,352.0
Forecast, 2030 (US$M)
$170,117.2
CAGR, 2024 - 2030
33.6%
Report Coverage
Worldwide

Global industrial metaverse market highlights

  • The global industrial metaverse market generated a revenue of USD 22,352.0 million in 2023 and is expected to reach USD 170,117.2 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 33.6% by 2030.
  • In terms of segment, hardware accounted for a revenue of USD 9,362.0 million in 2023.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 22,352.0 million
Market revenue in 2030USD 170,117.2 million
Growth rate33.6% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentServices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware, Hardware, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 32.6% of the global industrial metaverse market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Mexico is the fastest growing regional market and is projected to reach USD 2,518.9 million by 2030.

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Industrial Metaverse Market Scope

Industrial metaverse market segmentation & scope
Software
Hardware
Services
AR
VR
MR
Product Design & Development
Virtual Prototyping
Training & Simulation
Remote Collaboration
Maintenance & Repair
Supply Chain Optimization
Data Visualization & Analytics
Automotive
Healthcare
Logistics & Transportation
Manufacturing
Energy and utilities
Others

Industrial Metaverse Market Companies

Name Profile # Employees HQ Website

Global industrial metaverse market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial metaverse market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 41.88% in 2023. Horizon Databook has segmented the Global industrial metaverse market based on software, hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Industrial Metaverse Component Outlook (Revenue, USD Million, 2018-2030)
    • Software
    • Hardware
    • Services
  • Global Industrial Metaverse Technology Outlook (Revenue, USD Million, 2018-2030)
    • AR
    • VR
    • MR
  • Global Industrial Metaverse Application Outlook (Revenue, USD Million, 2018-2030)
    • Product Design & Development
    • Virtual Prototyping
    • Training & Simulation
    • Remote Collaboration
    • Maintenance & Repair
    • Supply Chain Optimization
    • Data Visualization & Analytics
  • Global Industrial Metaverse End Use Outlook (Revenue, USD Million, 2018-2030)
    • Automotive
    • Healthcare
    • Logistics & Transportation
    • Manufacturing
    • Energy and utilities
    • Others

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Target buyers of Global industrial metaverse market databook

  • Our clientele includes a mix of industrial metaverse market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global industrial metaverse market , including forecasts for subscribers. This global databook contains high-level insights into Global industrial metaverse market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global industrial metaverse market size, by regions, 2018-2030 (US$M)

Top 10 countries: Industrial metaverse market size, 2023 (US$M)

Global industrial metaverse market share, by component, 2023 & 2030 (%, US$M)

Industrial metaverse market: Opportunity assessment by country

Global industrial metaverse market, by region, 2023 (US$M)

Global industrial metaverse market size, by regions, 2018-2030 (US$M)

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