Latin America Metaverse Market Size & Outlook, 2024-2030
Latin America metaverse market, 2018-2030 (US$M)
Related Markets
Latin America metaverse market highlights
- The Latin America metaverse market generated a revenue of USD 1,546.4 million in 2024.
- The market is expected to grow at a CAGR of 44.8% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 1,546.4 million |
| Market revenue in 2030 | USD 14,235.9 million |
| Growth rate | 44.8% (CAGR from 2025 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Infrastructure, Hardware, Software, Services |
| Key market players worldwide | Meta 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, Latin America region accounted for 1.5% of the global metaverse market in 2024.
- 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 295,489.3 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 Scope
Metaverse Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 42.79% in 2024. Horizon Databook has segmented the Latin America metaverse market based on infrastructure, hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Meta has partnered with higher education institutions in several Latin American nations, including the Institute for Research on Internet and Society IP.Rec, ITS Rio, C-Minds Eon Resilience Lab, and the University of San Andrés in Argentina, in order to offer training on the new technology in this region.
Acquisitions & mergers and investments by key players in the industry are also augmenting the segment growth in this region. For instance, according to Samsung’s recent announcement, the company is investing more than USD 35 million in metaverse initiatives targeted at the Latin American market.
The move is part of the company’s ongoing effort to enhance its digital presence and interact with a younger demographic. Moreover, In October, In Decentraland, Samsung Latam created a virtual area known as the House of SAM.
Reasons to subscribe to Latin America 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 Latin America 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 continent-level data and insights on the Latin America metaverse market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America metaverse market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America metaverse market size, by country, 2018-2030 (US$M)
Latin America Metaverse Market Outlook Share, 2024 & 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
