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In 2022, the market is worth USD 124.04 billion and, with a CAGR of 38.25%, is expected to be worth USD 1.6 trillion by 2030 according to Strategic Market Research.

New York, United States, June 23, 2022 (GLOBE NEWSWIRE) — The factors driving the market are the widespread use of new technologies and the increasing demand of Metaverse users to purchase digital assets using cryptocurrencies.

Key Insights of the Metaverse Market:

  • North America held the largest share of the revenue of the metaverse market, which stood at 70% of the total market.
  • By Component, the hardware component held the largest part of the market share bringing in approximately USD 16.5 billion of the revenue.
  • By technology, virtual and augmented reality brought in 35% of the revenue.
  • By Platform, the desktop segment accounted for the majority of the revenue at USD 16.3 billion. 
  • By Offering, the metaverse in the assets marketplace is expected to have an extremely high CAGR of 40%.
  • By Application, gaming had the highest market share of 27%. 
  • By End Users, the media and entertainment segment held the highest market share.

To read the summary of the report, visit the website at

 

Detailed Segmentation Analysis of the Metaverse Market as conducted by Strategic Market Research:

By Components

  • Software
  • Hardware
  • Services

By Platform

  • Headsets
  • Desktops
  • Mobile

By Offering

  • Metaverse offering in Asset Marketplaces
  • Metaverse offering in Virtual Platforms
  • Metaverse offering in Financial Services
  • Metaverse offering in Avatars

By Technology

  • Blockchain
  • Virtual and Augmented Reality
  • Internet of Things (IoT)
  • Mixed Reality
  • Others

Based on Application

  • Metaverse in Online Education
  • Metaverse in Gaming
  • Metaverse in social media
  • Metaverse in edge computing
  • Metaverse in Online Shopping
  • Metaverse in NFT
  • Metaverse in Advertising
  • Metaverse in Virtualisation Tools
  • Metaverse in Conferences
  • Metaverse in Digital Twin Operations
  • Metaverse in Blockchain Applications
  • Metaverse in Virtual Goods
  • Metaverse in Payments
  • Metaverse in Content Creation

Based on End-Use

  • Metaverse in Military
  • Metaverse in Healthcare
  • Metaverse in Customer Experience
  • Metaverse in Real Estate
  • Metaverse in Education
  • Metaverse in Fashion
  • Metaverse in Manufacturing
  • Metaverse in Media and Entertainment
  • Metaverse in Technology

By Region

North America

  • Canada
  • USA

Europe

  • Germany
  • France
  • Italy
  • United Kingdom
  • Spain
  • Rest of Europe

Asia Pacific

  • Japan
  • India
  • China
  • South Korea
  • Rest of Asia Pacific

Latin America, Middle East and Africa (LAMEA)

  • Brazil
  • Argentina
  • UAE
  • Qatar
  • Saudi Arabia
  • South Africa
  • Morocco
  • Rest of LAMEA

Make a Direct Purchase of the latest Metaverse Market Report published in the month of January 2022. Click the below link to initiate the purchase: 
 

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