Metaverse Market 2024 Competitive Scenario and Stakeholders By 2030
Ngày đăng: 08-12-2022 |
Ngày cập nhật: 08-12-2022
The global metaverse market demonstrates significant growth potential. Rising investments in digital assets and rapid digital usage that turned into an established digital dependency, boost the market growth. Moreover, the growing number of cryptocurrency enthusiasts and cloud-based data management platforms worldwide substantiate the Metaverse market demand.
The cryptocurrency trend has been growing continually, giving a true boost to digital asset management uses. Citing the growing digital usage and internet users, Market Research Future (MRFR) expects the global metaverse market to reach a valuation of USD 105,597.5 MN by 2030, registering a 45.2% CAGR throughout the forecast period (2024–2030).
The proliferation of the internet and communication technologies influences market revenues. The increasing use of social media and digital vaults in banking, insurance, businesses, and education sectors, escalates the market value. Additionally, the immensely growing need for asset management/ data management and rapidly growing numbers of enterprises influence market growth.
Major Players
Active market players are Meta Platforms Inc., Nvidia, Microsoft Corporation, Tencent Holdings Ltd., Bytedance, Epic Games, Netease Inc., Roblox Corporation, Lilith Games, Nextech AR Solutions Inc., Unity Software Inc., Antier Solutions, among others.
Global Metaverse Market – Segments
The market is segmented into components, platforms, technologies, applications, end-users, and regions. Of these, the component segment is bifurcated into hardware and software. The platform segment is bifurcated into desktops, mobiles, VR headsets, and others. The technology segment is bifurcated into Blockchain, VR & AR, mixed reality (MR), and others.
Similarly, the application segment is bifurcated into gaming, online shopping, content creation, social media, and others. The end-user segment is bifurcated into BFSI, retail, manufacturing, media & entertainment, education, aerospace & defense, and others. The region segment is bifurcated into the Asia-Pacific, Americas, MEA, Europe, and rest-of-the-world.
Global Metaverse Market – Regional Analysis
North America accounts for the largest share of the global metaverse market. The wide adoption of metaverse solutions and services, particularly in the industry verticals of BFSI, retail & consumer goods, and healthcare, escalates the market value. North America is considered the most advanced region in terms of the development and adoption of innovative technologies. However, the region also experiences the highest number of cyber security threats every year.
Besides, the large presence of well-established industry players, such as Meta Platforms, Nvidia, and Roblo, and technology development centers in the region influence market revenues. The US, Canada, and Mexico are major metaverse markets in North America. Additionally, the continually rising healthcare and manufacturing industry and the rapid adoption of smart devices push regional market growth.
Metaverse Market – Competitive Analysis
Fiercely competitive, the metaverse market appears fragmented, with various notable players forming a competitive landscape. These players increasingly focus on product development and incorporate strategic approaches, such as collaboration, mergers & acquisitions, expansion, and product launches, to gain a larger competitive share. They make substantial investments to drive R&D to develop and expand required technologies.
To know more details visit here: https://www.marketresearchfuture.com/reports/metaverse-market-10744
The cryptocurrency trend has been growing continually, giving a true boost to digital asset management uses. Citing the growing digital usage and internet users, Market Research Future (MRFR) expects the global metaverse market to reach a valuation of USD 105,597.5 MN by 2030, registering a 45.2% CAGR throughout the forecast period (2024–2030).
The proliferation of the internet and communication technologies influences market revenues. The increasing use of social media and digital vaults in banking, insurance, businesses, and education sectors, escalates the market value. Additionally, the immensely growing need for asset management/ data management and rapidly growing numbers of enterprises influence market growth.
Major Players
Active market players are Meta Platforms Inc., Nvidia, Microsoft Corporation, Tencent Holdings Ltd., Bytedance, Epic Games, Netease Inc., Roblox Corporation, Lilith Games, Nextech AR Solutions Inc., Unity Software Inc., Antier Solutions, among others.
Global Metaverse Market – Segments
The market is segmented into components, platforms, technologies, applications, end-users, and regions. Of these, the component segment is bifurcated into hardware and software. The platform segment is bifurcated into desktops, mobiles, VR headsets, and others. The technology segment is bifurcated into Blockchain, VR & AR, mixed reality (MR), and others.
Similarly, the application segment is bifurcated into gaming, online shopping, content creation, social media, and others. The end-user segment is bifurcated into BFSI, retail, manufacturing, media & entertainment, education, aerospace & defense, and others. The region segment is bifurcated into the Asia-Pacific, Americas, MEA, Europe, and rest-of-the-world.
Global Metaverse Market – Regional Analysis
North America accounts for the largest share of the global metaverse market. The wide adoption of metaverse solutions and services, particularly in the industry verticals of BFSI, retail & consumer goods, and healthcare, escalates the market value. North America is considered the most advanced region in terms of the development and adoption of innovative technologies. However, the region also experiences the highest number of cyber security threats every year.
Besides, the large presence of well-established industry players, such as Meta Platforms, Nvidia, and Roblo, and technology development centers in the region influence market revenues. The US, Canada, and Mexico are major metaverse markets in North America. Additionally, the continually rising healthcare and manufacturing industry and the rapid adoption of smart devices push regional market growth.
Metaverse Market – Competitive Analysis
Fiercely competitive, the metaverse market appears fragmented, with various notable players forming a competitive landscape. These players increasingly focus on product development and incorporate strategic approaches, such as collaboration, mergers & acquisitions, expansion, and product launches, to gain a larger competitive share. They make substantial investments to drive R&D to develop and expand required technologies.
To know more details visit here: https://www.marketresearchfuture.com/reports/metaverse-market-10744
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