Middle East & Africa Metaverse Market Size & Outlook
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MEA metaverse market highlights
- The MEA metaverse market generated a revenue of USD 664.5 million in 2024.
- The market is expected to grow at a CAGR of 38% 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.
MEA data book summary
| Market revenue in 2024 | USD 664.5 million |
| Market revenue in 2030 | USD 4,589.2 million |
| Growth rate | 38% (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, MEA region accounted for 0.6% 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.
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Metaverse Market Scope
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 |
Middle East & Africa 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 39.85% in 2024. Horizon Databook has segmented the Middle East & Africa metaverse market based on infrastructure, hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The metaverse market is expected to grow at a robust rate in the Middle East region as they are known as one of the fastest adopters of advanced technologies. Governance is consistently funding and supporting the metaverse's growth, as it strives to become one of the top 10 metaverse economies and a hub for the metaverse community.
Leaders, innovators, and investors perceive the metaverse as having immense economic potential. The metaverse promises a variety of interesting benefits for all types of users as well as the technology companies supporting the back end, in addition to potential revenue growth.
Dubai has established an independent regulator for virtual assets with the goal of developing a sophisticated legal framework to safeguard investors and provide global norms for the regulation of the virtual asset market, which will support ethical corporate expansion.
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Target buyers of Middle East & Africa metaverse market databook
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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 continent-level data and insights on the Middle East & Africa metaverse market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa metaverse market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Metaverse Market Outlook Share, 2024 & 2030 (US$M)
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