North America Metaverse Market Size & Outlook, 2023-2030
North America metaverse market, 2018-2030 (US$M)
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North America metaverse market highlights
- The North America metaverse market generated a revenue of USD 35,856.2 million in 2023.
- The market is expected to grow at a CAGR of 38.8% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating product in 2023.
- Services is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 35,856.2 million |
| Market revenue in 2030 | USD 355,523.7 million |
| Growth rate | 38.8% (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 |
| 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, North America region accounted for 43.7% of the global metaverse market in 2023.
- 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 |
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North 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 40.22% in 2023. Horizon Databook has segmented the North America metaverse market based on infrastructure, hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The North American metaverse market is competitive due to multiple augmented reality (AR) device and solution providers, such as PTC, Magic Leap, Inc., Microsoft Corporation, and Google LLC. North America strongly demands VR in business, sports, and entertainment.
Meanwhile, several companies, including Apple Inc., Google LLC, Microsoft Corporation, and Meta, are making significant advancements in extended reality (xR), bolstering the metaverse market.
Furthermore, the region's metaverse market is driven by the government's support and ambition to leverage the metaverse's potential to improve the effectiveness and standard of public services and strengthen cooperation between regional and federal government agencies.
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Our clientele includes a mix of metaverse market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America metaverse market , including forecasts for subscribers. This continent databook contains high-level insights into North America metaverse market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America metaverse market size, by country, 2018-2030 (US$M)
North America Metaverse Market Outlook Share, 2023 & 2030 (US$M)
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