India Metaverse Market Size & Outlook, 2025-2030

The metaverse market in India is expected to reach a projected revenue of US$ 43,732.4 million by 2030. A compound annual growth rate of 52.1% is expected of India metaverse market from 2025 to 2030.
Revenue, 2024 (US$M)
$3,921.4
Forecast, 2030 (US$M)
$43,732.4
CAGR, 2025 - 2030
52.1%
Report Coverage
India

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

India metaverse market, 2018-2030 (US$M)

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

India metaverse market highlights

  • The India metaverse market generated a revenue of USD 3,921.4 million in 2024 and is expected to reach USD 43,732.4 million by 2030.
  • The India market is expected to grow at a CAGR of 49.5% from 2025 to 2030.
  • In terms of segment, software was the largest revenue generating product in 2024.
  • Services is the most lucrative product segment registering the fastest growth during the forecast period.

Metaverse market data book summary

Market revenue in 2024USD 3,921.4 million
Market revenue in 2030USD 43,732.4 million
Growth rate49.5% (CAGR from 2025 to 2030)
Largest segmentSoftware
Fastest growing segmentServices
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInfrastructure, Hardware, Software, Services
Key market players worldwideMeta Platforms Inc Class A, Tencent Holdings Ltd, NetEase Inc ADR, NVIDIA Corp, Epic Corp, Roblox Corp Ordinary Shares - Class A, Nextech3d AI Corp Ordinary Shares - New Shares, Grayscale Decentraland Trust (MANA), Microsoft Corp, Antier Solutions Pvt Ltd, ByteDance, Unity Technologies, Lilith Games, The Sandbox, Active Theory

Other key industry trends

  • In terms of revenue, India accounted for 3.7% of the global metaverse market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China 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 51,415.2 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

Metaverse Market Companies

Name Profile # Employees HQ Website
Active Theory View profile 11-50 Venice, California, United States, North America https://activetheory.net/home
Lilith Games View profile 501-1000 Jiading, Shanghai, China, Asia https://www.lilith.sh
Unity Technologies View profile 5001-10000 San Francisco, California, United States, North America https://unity.com/
ByteDance View profile 10001+ Beijing, Beijing, China, Asia http://bytedance.com
Nextech3d AI Corp Ordinary Shares - New Shares View profile 172 Toronto Rpo Royal Bank Plaza, Po Box 64039, Toronto, ON, Canada, M5J 2T6 https://www.nextechar.com
NetEase Inc ADR View profile 29128 No. 599 Wangshang Road, NetEase Building, Binjiang District, Hangzhou, China, People's Republic of, 310052 https://ir.netease.com
The Sandbox View profile 101-250 San Francisco, California, United States, North America https://www.sandbox.game
Antier Solutions Pvt Ltd View profile 501-1000 Nottingham, Nottingham, United Kingdom, Europe https://antiersolutions.com/
Grayscale Decentraland Trust (MANA) View profile - - -
Roblox Corp Ordinary Shares - Class A View profile 2457 970 Park Place, San Mateo, CA, United States, 94403 https://www.corp.roblox.com
Meta Platforms Inc Class A View profile 69329 1 Meta Way, Menlo Park, CA, United States, 94025 https://about.meta.com
Tencent Holdings Ltd View profile 104787 No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, China, People's Republic of, 518054 http://www.tencent.com
NVIDIA Corp View profile 29600 2788 San Tomas Expressway, Santa Clara, CA, United States, 95051 https://www.nvidia.com
Microsoft Corp View profile 221000 One Microsoft Way, Redmond, WA, United States, 98052-6399 https://www.microsoft.com
Epic Corp View profile 2 PO Box 11147, Newport Beach, CA, United States, 92658

India 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 41.85% in 2024. Horizon Databook has segmented the India metaverse market based on infrastructure, hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


Using PartyNite, the Metaverse platform developed by Gamitronics, the Telangana government in India presented their Space Tech framework with ISRO augmenting Metaverse growth in this region. In terms of development, India has a thriving blockchain community, with startups, entrepreneurs, and developers working on various blockchain-based solutions. 

The government of India has also recognized the potential of blockchain technology and has launched initiatives to promote its development. For instance, the Ministry of Electronics and Information Technology launched a Blockchain Center of Excellence (CoE) in 2019, which aims to create a collaborative platform for blockchain startups, industry experts, and government officials to work together on blockchain-based projects.

The Indian AR and VR market is expected to grow significantly in the coming years, with rising demand for AR and VR-based solutions across various industries, including healthcare, education, retail, entertainment, and gaming. 

Reasons to subscribe to India 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 India metaverse market databook

  • Our clientele includes a mix of 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 country-level data and insights on the India metaverse market , including forecasts for subscribers. This country databook contains high-level insights into India metaverse market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

India Product - Metaverse Market size, 2024 - 2030 (US$M)

India Metaverse Market Outlook Share, 2024 & 2030 (US$M)

India Product - Metaverse Market size, 2024 - 2030 (US$M)

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.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more
Chat with us
Research Assistance
Online