Global Industrial Metaverse Market Size & Outlook
Global industrial metaverse market, 2018-2030 (US$M)
Related Markets
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 2023 | USD 22,352.0 million |
| Market revenue in 2030 | USD 170,117.2 million |
| Growth rate | 33.6% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, 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 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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Our clientele includes a mix of industrial metaverse market companies, investment firms, advisory firms & academic institutions.
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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)
| Component | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 3,413.4 | 3,854.4 | 4,412.4 | 5,127.7 | 6,057.8 | 7,285.9 | 8,936.0 | 11,195.2 | 14,353.1 | 18,868.3 | 25,484.4 | 35,441.4 | 50,865.1 | 32.0% |
| Europe | 2,573.7 | 2,924.4 | 3,368.8 | 3,939.4 | 4,683.1 | 5,667.8 | 6,995.0 | 8,818.5 | 11,376.9 | 15,049.6 | 20,454.1 | 28,624.1 | 41,338.5 | 32.8% |
| Asia Pacific | 1,892.5 | 2,226.9 | 2,656.8 | 3,217.6 | 3,961.3 | 4,965.1 | 6,346.1 | 8,285.5 | 11,070.2 | 15,165.7 | 21,346.5 | 30,937.6 | 46,271.9 | 37.6% |
| Latin America | 669.4 | 754.1 | 861.3 | 998.5 | 1,176.9 | 1,412.1 | 1,727.8 | 2,159.6 | 2,762.2 | 3,622.5 | 4,881.2 | 6,772.4 | 9,696.7 | 31.7% |
| MEA | 1,296.6 | 1,495.6 | 1,745.7 | 2,064.5 | 2,477.5 | 3,021.0 | 3,749.4 | 4,744.0 | 6,130.5 | 8,106.1 | 10,989.0 | 15,304.7 | 21,945.1 | 32.8% |
| Overall | 9,845.6 | 11,255.3 | 13,044.9 | 15,347.8 | 18,356.4 | 22,352.0 | 27,754.3 | 35,202.7 | 45,692.9 | 60,812.2 | 83,155.3 | 117,080.0 | 170,117.2 | 33.6% |
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