Global Metaverse Market Size & Outlook, 2023-2030
Global metaverse market, 2018-2030 (US$M)
Related Markets
Global metaverse market highlights
- The global metaverse market generated a revenue of USD 82,020.6 million in 2023 and is expected to reach USD 936,574.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 41.6% by 2030.
- In terms of segment, software accounted for a revenue of USD 33,971.8 million in 2023.
- Services is the most lucrative product 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 82,020.6 million |
| Market revenue in 2030 | USD 936,574.7 million |
| Growth rate | 41.6% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| 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 | Infrastructure, Hardware, Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 43.7% of the global metaverse market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 253,772.9 million by 2030.
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Metaverse Market Scope
Metaverse Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 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 metaverse market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 41.42% in 2023. Horizon Databook has segmented the Global metaverse market based on infrastructure, hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Metaverse's currency is a cryptocurrency, and every Metaverse has its collection of coins. They are used to paying for everything from NFTs to virtual real estate to avatar shoes. Cryptocurrencies are used to connect the physical and virtual worlds. They allow us to calculate the worth of digital assets in the government-issued currency as well as the returns on those assets over time.
Individuals now communicate with one another digitally via websites, messaging apps, and social media platforms such as Facebook. The metaverse is the emergence of fresh online settings in which people's interactions are highly multidimensional, and they can participate more meaningfully with digital content rather than simply reading information. Because of the accessibility of crypto on exchanges all around the world.
Digital currencies and NFTs are now possible because of blockchain technology. Tokens are helping creators to monetize their work through new methods of transacting and owning digital products. Token holders can participate in the platform governance in addition to monetization and exchange of assets (e.g., vote on decisions). This democratic ownership economy, when combined with the prospect of interoperability, has the potential to open up enormous economic opportunities.
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Our clientele includes a mix of metaverse market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 metaverse market , including forecasts for subscribers. This global databook contains high-level insights into Global metaverse market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global metaverse market size, by regions, 2018-2030 (US$M)
Top 10 countries: Metaverse market size, 2023 (US$M)
Global metaverse market share, by product, 2023 & 2030 (%, US$M)
Metaverse market: Opportunity assessment by country
Global metaverse market, by region, 2023 (US$M)
Related regional statistics
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