Europe Industrial Metaverse Market Size & Outlook
Europe industrial metaverse market, 2018-2030 (US$M)
Related Markets
Europe industrial metaverse market highlights
- The Europe industrial metaverse market generated a revenue of USD 5,667.8 million in 2023.
- The market is expected to grow at a CAGR of 32.8% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 5,667.8 million |
| Market revenue in 2030 | USD 41,338.5 million |
| Growth rate | 32.8% (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 |
| Key market players worldwide | Bentley Systems Inc Ordinary Shares - Class B, Dassault Systemes SE, Microsoft Corp, NVIDIA Corp, PTC, Siemens AG, Unity Software Inc Ordinary Shares, HTC, Magic Leap, Swanson Group |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.4% of the global industrial metaverse market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 46,271.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Industrial Metaverse Market Scope
Industrial Metaverse Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 42.64% in 2023. Horizon Databook has segmented the Europe industrial metaverse market based on software, hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
A unique trend of collaboration among key players characterizes the European industrial metaverse market. Unlike a market dominated solely by fierce competition, European companies are actively fostering partnerships to drive innovation.
This is evident in the launch of VTT's inaugural project on the Human-Driven Industrial Metaverse in October. For instance, in October 2022, VTT, one of Europe’s leading research institutions, launched its inaugural project on the Human-Driven Industrial Metaverse.
The primary objective was to kickstart a dialogue about reshaping the landscape of industrial work in collaboration with a carefully chosen group of eleven companies. These companies were a mix of those engaged in industrial work, utilizing existing solutions, and those specializing in providing pertinent solutions.
Reasons to subscribe to Europe industrial metaverse market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Europe 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 continent-level data and insights on the Europe industrial metaverse market , including forecasts for subscribers. This continent databook contains high-level insights into Europe industrial metaverse market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe industrial metaverse market size, by country, 2018-2030 (US$M)
Europe Industrial Metaverse Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
