India Industrial Metaverse Market Size & Outlook

The industrial metaverse market in India is expected to reach a projected revenue of US$ 10,259.9 million by 2030. A compound annual growth rate of 42% is expected of India industrial metaverse market from 2024 to 2030.

Revenue, 2023 (US$M)
$879.7
Forecast, 2030 (US$M)
$10,259.9
CAGR, 2024 - 2030
42%
Report Coverage
India

India industrial metaverse market highlights

  • The India industrial metaverse market generated a revenue of USD 879.7 million in 2023 and is expected to reach USD 10,259.9 million by 2030.
  • The India market is expected to grow at a CAGR of 42% 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.

Industrial metaverse market data book summary

Market revenue in 2023USD 879.7 million
Market revenue in 2030USD 10,259.9 million
Growth rate42% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentServices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware, Hardware, Services
Key market players worldwideBentley 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, India accounted for 3.9% of the global industrial metaverse market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China industrial metaverse market is projected to lead the regional market in terms of revenue in 2030.
  • South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,877.8 million by 2030.

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Industrial Metaverse Market Companies

Name Profile # Employees HQ Website

India 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 39.99% in 2023. Horizon Databook has segmented the India industrial metaverse market based on software, hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • India Industrial Metaverse Component Outlook (Revenue, USD Million, 2018-2030)
    • Software
    • Hardware
    • Services
  • India Industrial Metaverse Technology Outlook (Revenue, USD Million, 2018-2030)
    • AR
    • VR
    • MR
  • India 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
  • India 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.
  • 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.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India industrial metaverse market , including forecasts for subscribers. This country databook contains high-level insights into India industrial metaverse market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India industrial metaverse market size, by component, 2018-2030 (US$M)

India Industrial Metaverse Market Outlook Share, 2023 & 2030 (US$M)

India industrial metaverse market size, by component, 2018-2030 (US$M)

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