Metaverse Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Canada, China, Germany, UK - Size and Forecast 2023-2027

Published: Jan 2023 Pages: 161 SKU: IRTNTR73237

Metaverse Market Forecast  2023-2027

The Metaverse Market size is estimated to grow by USD 1,152.35 billion at a Compound Annual Growth Rate (CAGR) of 40.06% between 2022 and 2027. Primary factors to drive the market include Augmented Reality (AR) and Virtual Reality (VR) technology, growing smartphone penetration and use of 5G, and the rise of blockchain as a service. 

The current market share is witnessing a notable surge in consumer adoption, primarily driven by the increasing popularity of online gaming. The metaverse refers to a virtual, communal digital space where individuals can come together, participate in gaming activities, and socialize, using cartoonish 3D avatars to navigate through various virtual environments. With the growing demand for these immersive experiences, the metaverse is rapidly expanding.

What will be the size of the Market During the Forecast Period?

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Key Drivers, Trends, Challenges, and Customer Landscape

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Driver

The rise of blockchain as a service is a key factor driving the market share growth. BaaS, short for Blockchain-as-a-Service, is a cloud computing solution designed to facilitate the management of distributed ledger systems. Developed collaboratively by Microsoft and ConsenSys, Ethereum BaaS (EBaaS) serves as a cloud-based blockchain developer environment. This innovative solution allows developers to utilize the Microsoft Azure cloud computing platform to efficiently manage and create blockchain applications. For added functionality, EBaaS supports the integration of features like Cortana Analytics and CRM Online for Government (CRMOL).

Microsoft is making BaaS available to corporate entities and application software developers seeking to engage in blockchain development. As a scalable and flexible platform, BaaS offers an efficient and cost-effective way for enterprises to manage their distributed ledger technologies. This factor is expected to fuel the adoption of blockchain technology and subsequently contribute to the growth of the global market throughout the forecast period.

Significant Trends

Rising consumer spending across virtual concerts is a significant market trends. Virtual concerts and entertainment for broadcasting events are experiencing an increase in consumer spending, which is driving market growth. According to the India Brand Equity Foundation Organization (IBEF), the media and entertainment business in India reached USD 19 billion in 2020 and is predicted to reach USD 25.9 billion by 2023. Digital venues incorporating VR headgear and AR technology host media and entertainment events and concerts.

The industry is moving forward due to the growing demand for virtual events, as well as a rise in the number of people attending concerts and events. The Department for Culture, Digital, Media, and Sport in the UK reported that immersive technologies like AR and VR, which reached around USD 128.36 billion in 2020, are evolving rapidly. These factors will contribute to the growth of the global market during the forecast period.

Major Challenge

Limitations of AR and VR technology are major challenges restraining the growth of the market. AR and VR face various limitations impacting their mainstream adoption. Hardware issues include bulky and expensive AR headsets, often tethered to computers, limiting convenience. Mobile AR on smartphones and tablets struggles with displaying visuals accurately. Lack of regulations poses risks of malicious use, like data mining and content manipulation. Consumer awareness of AR and VR benefits remains low despite popularity among tech experts. Additionally, AR applications can be dangerously distracting, leading to physical injuries, as seen with Pokemon Go. These limitations could impede the market's growth during the forecast period.

Key Customer Landscape

The market growth analysis report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market forecasting report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Who are the Major Metaverse Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Tencent- The company offers metaverse such as roblox metaverse with third party companies.

The market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Accenture Plc
  • Active Theory LLC
  • Animoca Brands Corp. Ltd.
  • ByteDance Ltd.
  • CL Educate Ltd
  • Decentraland
  • Devden Creative Solutions Pvt. Ltd.
  • Epic Games Inc.
  • GoMeta Inc.
  • Infosys Ltd.
  • Magic Leap Inc.
  • Meta Platforms Inc.
  • Microsoft Corp.
  • Mobiloitte Technologies
  • NexTech AR Solutions Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Segmentation

The market share growth by the VR or AR devices segment will be significant during the forecast period. VR or AR devices segment accounted for the highest market share in 2022. This includes various headsets, smart glasses, and lenses used for interacting on the metaverse platform. Factors such as new product launches and growing adoption of VR/AR in different application areas, including metaverse, are expected to drive the segment growth. 

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The  VR or AR devices segment was valued at USD 47.70 billion in 2017 and continued to grow until 2021. VR or AR is an experience that utilizes a camera to change or enhance the user's view of the virtual world like a metaverse. This experience can be app-based or web-based. With the increased popularity of 360-degree videos and VR/AR gaming on the metaverse, the demand for VR/AR technology is growing. Furthermore, the addition of new features to the VR metaverse is expected to fuel the segment's growth. For instance, SAIBA CITY, a decentralized VR Metaverse platform, will offer options to create and monetize digital assets. People using this VR platform can own virtual land or any other virtual assets. VR/AR device manufacturers are focusing on new product launches and acquisitions to expand their market presence. For instance, in October 2021, Facebook announced that it would launch a new high-end  VR/AR headset for the metaverse during the forecast period. Apart from that, the market is also witnessing the entry of big brands like Google. Recently, in 2022, Google acquired Raxium, a micro-LED solution provider for AR devices. This acquisition will help Google to develop its new AR headset for the global market. Hence, such factors are expected to propel the segment growth during the forecast period.

Regional Analysis

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North America is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

In 2021, North America held the highest share of the global market. Factors such as the presence of key companies like Meta Platforms, Inc., NVIDIA Corp., and Microsoft Corp., growing investments in AR technology from key compnies, rising adoption of technologically advanced applications among consumers, and strong research activities to increase the application of metaverse are driving the growth of the market in the region. The US and Canada are the leading contributors to the market in the region.

Strong research activities conducted in the region by companies and universities to identify potential application areas of AR and VR technology are likely to boost the growth of AR/VR, thus positively impacting the growth of the market in this region. Apart from that, there is a growing interest in virtual healthcare in the metaverse. For instance, XRHealth, a virtual healthcare provider in the metaverse, raised USD 10 million to expand its services on the metaverse. It was funded by AARP, HTC, and Bridges Israel impact investment fund. Therefore, such developments will create new growth opportunities for the companies in the regional market.

Market Analyst Overview

The metaverse market is rapidly evolving, encompassing a diverse array of technologies and applications. Revenue forecasts indicate exponential growth, with AR, VR, and MR leading the charge. VR headsets dominate, but MR headsets are gaining traction, along with HUDs and HMDs. Industries like healthcare and aerospace are embracing XR applications for experiential training, from medical simulations to flight training. However, concerns about health, privacy, and cybersecurity persist. Challenges such as virtual sickness and myopia plague users, while low resolution and electromagnetic radiation raise health concerns. Consulting services cater to businesses navigating this complex landscape, addressing user pain points and devising revenue streams.

Segment Overview

The market research and growth research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Device Outlook (USD Billion, 2017 - 2027)
    • VR or AR devices
    • Computing devices
  • Component Outlook (USD Billion, 2017 - 2027)
    • Hardware
    • Software
    • Services
  • Region Outlook (USD Billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Metaverse Market Scope

Market Report Coverage

Details

Page number

161

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 40.06%

Market growth 2023-2027

USD 1,152.35 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

39.12

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 39%

Key countries

US, Canada, China, Germany, and UK

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Accenture Plc, Active Theory LLC, Animoca Brands Corp. Ltd., ByteDance Ltd., CL Educate Ltd, Decentraland, Devden Creative Solutions Pvt. Ltd., Epic Games Inc., GoMeta Inc., Infosys Ltd., Magic Leap Inc., Meta Platforms Inc., Microsoft Corp., Mobiloitte Technologies, NexTech AR Solutions Corp., NVIDIA Corp., Queppelin, Tencent Holdings Ltd., Unity Software Inc., Wilkins Avenue AR, and Roblox Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our market growth and trends report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough metaverse industry analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market players

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Device
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Component
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global metaverse market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global metaverse market 2017 - 2021 ($ billion)
    • 4.2 Device Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Device Segment 2017 - 2021 ($ billion)
    • 4.3 Component Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Component Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Device

    • 6.1 Market segments
      • Exhibit 30: Chart on Device - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Device - Market share 2022-2027 (%)
    • 6.2 Comparison by Device
      • Exhibit 32: Chart on Comparison by Device
      • Exhibit 33: Data Table on Comparison by Device
    • 6.3 VR or AR devices - Market size and forecast 2022-2027
      • Exhibit 34: Chart on VR or AR devices - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on VR or AR devices - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on VR or AR devices - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on VR or AR devices - Year-over-year growth 2022-2027 (%)
    • 6.4 Computing devices - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Computing devices - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Computing devices - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Computing devices - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Computing devices - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Device
      • Exhibit 42: Market opportunity by Device ($ billion)

    7 Market Segmentation by Component

    • 7.1 Market segments
      • Exhibit 43: Chart on Component - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Component - Market share 2022-2027 (%)
    • 7.2 Comparison by Component
      • Exhibit 45: Chart on Comparison by Component
      • Exhibit 46: Data Table on Comparison by Component
    • 7.3 Hardware - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Hardware - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Data Table on Hardware - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 49: Chart on Hardware - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Hardware - Year-over-year growth 2022-2027 (%)
    • 7.4 Software - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Software - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Data Table on Software - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Chart on Software - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Software - Year-over-year growth 2022-2027 (%)
    • 7.5 Services - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Services - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 56: Data Table on Services - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Chart on Services - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Services - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Component
      • Exhibit 59: Market opportunity by Component ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 63: Chart on Geographic comparison
      • Exhibit 64: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 Canada - Market size and forecast 2022-2027
      • Exhibit 101: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 102: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 103: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 105: Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 108: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 109: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 110: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 111: Matrix on vendor position and classification
            • 12.3 Accenture Plc
              • Exhibit 112: Accenture Plc - Overview
              • Exhibit 113: Accenture Plc - Business segments
              • Exhibit 114: Accenture Plc - Key news
              • Exhibit 115: Accenture Plc - Key offerings
              • Exhibit 116: Accenture Plc - Segment focus
            • 12.4 Animoca Brands Corp. Ltd.
              • Exhibit 117: Animoca Brands Corp. Ltd. - Overview
              • Exhibit 118: Animoca Brands Corp. Ltd. - Product / Service
              • Exhibit 119: Animoca Brands Corp. Ltd. - Key offerings
            • 12.5 ByteDance Ltd.
              • Exhibit 120: ByteDance Ltd. - Overview
              • Exhibit 121: ByteDance Ltd. - Product / Service
              • Exhibit 122: ByteDance Ltd. - Key offerings
            • 12.6 Decentraland
              • Exhibit 123: Decentraland - Overview
              • Exhibit 124: Decentraland - Product / Service
              • Exhibit 125: Decentraland - Key offerings
            • 12.7 Devden Creative Solutions Pvt. Ltd.
              • Exhibit 126: Devden Creative Solutions Pvt. Ltd. - Overview
              • Exhibit 127: Devden Creative Solutions Pvt. Ltd. - Product / Service
              • Exhibit 128: Devden Creative Solutions Pvt. Ltd. - Key offerings
            • 12.8 GoMeta Inc.
              • Exhibit 129: GoMeta Inc. - Overview
              • Exhibit 130: GoMeta Inc. - Product / Service
              • Exhibit 131: GoMeta Inc. - Key offerings
            • 12.9 Infosys Ltd.
              • Exhibit 132: Infosys Ltd. - Overview
              • Exhibit 133: Infosys Ltd. - Business segments
              • Exhibit 134: Infosys Ltd. - Key news
              • Exhibit 135: Infosys Ltd. - Key offerings
              • Exhibit 136: Infosys Ltd. - Segment focus
            • 12.10 Meta Platforms Inc.
              • Exhibit 137: Meta Platforms Inc. - Overview
              • Exhibit 138: Meta Platforms Inc. - Business segments
              • Exhibit 139: Meta Platforms Inc. - Key offerings
              • Exhibit 140: Meta Platforms Inc. - Segment focus
            • 12.11 Microsoft Corp.
              • Exhibit 141: Microsoft Corp. - Overview
              • Exhibit 142: Microsoft Corp. - Business segments
              • Exhibit 143: Microsoft Corp. - Key news
              • Exhibit 144: Microsoft Corp. - Key offerings
              • Exhibit 145: Microsoft Corp. - Segment focus
            • 12.12 Mobiloitte Technologies
              • Exhibit 146: Mobiloitte Technologies - Overview
              • Exhibit 147: Mobiloitte Technologies - Product / Service
              • Exhibit 148: Mobiloitte Technologies - Key offerings
            • 12.13 NexTech AR Solutions Corp.
              • Exhibit 149: NexTech AR Solutions Corp. - Overview
              • Exhibit 150: NexTech AR Solutions Corp. - Business segments
              • Exhibit 151: NexTech AR Solutions Corp. - Key offerings
              • Exhibit 152: NexTech AR Solutions Corp. - Segment focus
            • 12.14 NVIDIA Corp.
              • Exhibit 153: NVIDIA Corp. - Overview
              • Exhibit 154: NVIDIA Corp. - Business segments
              • Exhibit 155: NVIDIA Corp. - Key news
              • Exhibit 156: NVIDIA Corp. - Key offerings
              • Exhibit 157: NVIDIA Corp. - Segment focus
            • 12.15 Queppelin
              • Exhibit 158: Queppelin - Overview
              • Exhibit 159: Queppelin - Product / Service
              • Exhibit 160: Queppelin - Key offerings
            • 12.16 Roblox Corp.
              • Exhibit 161: Roblox Corp. - Overview
              • Exhibit 162: Roblox Corp. - Product / Service
              • Exhibit 163: Roblox Corp. - Key offerings
            • 12.17 Wilkins Avenue AR
              • Exhibit 164: Wilkins Avenue AR - Overview
              • Exhibit 165: Wilkins Avenue AR - Product / Service
              • Exhibit 166: Wilkins Avenue AR - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 167: Inclusions checklist
                • Exhibit 168: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 169: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 170: Research methodology
                • Exhibit 171: Validation techniques employed for market sizing
                • Exhibit 172: Information sources
              • 13.5 List of abbreviations
                • Exhibit 173: List of abbreviations

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                Key Questions Answered

                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

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