0

Metaverse Market by Device and Geography - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 126
  • SKU: IRTNTR73237
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

The metaverse market share is expected to grow by USD 677.98 billion from 2021 to 2026, and the market's growth momentum will decelerate at a CAGR of 33.26%.

The report extensively covers metaverse market segmentations by the folloeing:

  • Device - VR and AR devices and computing devices
  • Geography - North America, Europe, APAC, South America, and Middle East and Africa

The metaverse market report offers information on several market vendors, including Accenture Plc, Active Theory LLC, Animoca Brands Corp. Ltd, ByteDance Ltd., Decentraland Foundation, 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, Roblox Corp, Tencent Holdings Ltd., Unity Software Inc., and Wilkins Avenue AR among others.

This metaverse market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.

What will the Metaverse Market Size be During the Forecast Period?

Metaverse Market Size

Download the Free Report Sample to Unlock the Metaverse Market Size for the Forecast Period and Other Important Statistics

 

Metaverse Market: Key Drivers, Trends, and Challenges

The increasing demand for AR and VR technology is notably driving the metaverse market growth, although factors such as privacy and security concerns over metaverse may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the metaverse industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Metaverse Market Driver

  • The increasing demand for AR and VR technology is one of the key drivers supporting the metaverse market growth. 
  • Wearable technology platforms will likely enhance the utility of AR in the global metaverse market. For instance, Google is actively working on AR Smart Glasses for the global metaverse market.
  • The AR programs on metaverse enable users to have a new experience for online virtual shopping.
  • Virtual fitting rooms will help users in choosing the right size and decreasing purchase returns. A similar benefit is associated with choosing a color for a new car or new furniture for the apartment.

Therefore, the growing application area of AR and VR technology in different fields, such as education, medical, retail, and training, will boost the growth of the global metaverse market during the forecast period.

Key Metaverse Market Trend

  • The growing number of product launches is one of the key metaverse market trends that is contributing to the market growth. 
  • Vendors are focusing on introducing new products. They are launching new products to expand their product portfolios and increase their sales.
  • For instance, in December 2021, Meta Platforms, Inc. introduced Horizon Worlds, its virtual reality world of avatars. In February 2022, Microsoft Corp. announced that it has been working on HoloLens 3, a mixed reality headset, as a part of its metaverse strategy.
  • Hardware manufacturers are also trying to penetrate the global metaverse market through new product launches. Therefore, such a growing number of product launches are expected to fuel the metaverse market growth during the forecast period.

Key Metaverse Market Challenge

  • Privacy and security concerns over metaverse is one of the factors hindering the metaverse market growth. 
  • Metaverse can access the personal data of users and may pose a threat to their privacy. It can collect a lot of information from the user's social networking accounts.
  • User privacy can be threatened if hackers gain access to the user's device.
  • There are privacy-related concerns associated with smart gears used in the metaverse, such as smart glass, VR headsets, etc. These glasses automatically screen and process the user's environment, violating the privacy of the user and those around them. Thus, the development of such products may hamper the growth of the metaverse market during the forecast period.

This metaverse market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Metaverse Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Accenture Plc
  • Active Theory LLC
  • Animoca Brands Corp. Ltd
  • ByteDance Ltd.
  • Decentraland Foundation
  • 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
  • Roblox Corp
  • Tencent Holdings Ltd.
  • Unity Software Inc.
  • Wilkins Avenue AR

 

This statistical study of the metaverse market encompasses successful business strategies deployed by the key vendors. The metaverse market is fragmented and the vendors are deploying growth strategies such as quality, price, service, brand image, distribution, and marketing to compete in the market.

Product Insights and News

  • Accenture Plc - Through the North American segment, the company sells and delivers full range of its services and capabilities to clients across North America.
  • Accenture Plc - The company offers metaverse namely Metaverse Continuum. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The metaverse market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Metaverse Market?

Metaverse Market Market segmentation by region

For more insights on the market share of various regions Request for a FREE sample now!

38% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for the metaverse market in North America. Market growth in this region will be slower than the growth of the market in Europe and APAC.

The rising adoption of technologically advanced applications among consumers will facilitate the metaverse market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

 The lockdowns in the region compelled people to work from home to mitigate the threat of COVID-19, which positively impacted the regional metaverse market growth. However, in 2021, widespread vaccination drives led to a decrease in the number of COVID-19 cases in the region. This, in turn, will drive the market growth during the forecast period.

What are the Revenue-generating Device Segments in the Metaverse Market?

Metaverse Market Segmentation

To gain further insights on the market contribution of various segments Request for a FREE sample

The metaverse market share growth by the VR and AR devices segment will be significant during the forecast period. VR and AR devices segment accounted for the highest market share in 2021. This includes various headsets, smart glasses, and lenses used for interacting on the metaverse platform. The segment is expected to grow at a moderate pace during the forecast period. Moreover, 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.

This report provides an accurate prediction of the contribution of all the segments to the growth of the metaverse market size and actionable market insights on post COVID-19 impact on each segment.

Parent Market Analysis

Technavio categorizes the global metaverse market as a part of the global information technology (IT) spending market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the metaverse market during the forecast period.

Metaverse Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the metaverse market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

You may be interested in:

Metaverse in Fashion market - The market share is expected to increase to USD 6.61 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 36.47%.

Metaverse in Healthcare market - The market share from 2021 to 2026 is USD 3.80 billion at a progressing CAGR of 33.83%.

Metaverse in E-commerce market - The market share from 2021 to 2026 is USD 60.47 billion at a progressing CAGR of 36.47%.

Metaverse Real Estate market - The market share is expected to increase by USD 5.37 billion from 2021 to 2026, at a CAGR of 61.74%.

Metaverse market in Travel and Tourism Industry - The market share is expected to be valued at USD 188.24 billion in 2026 with a progressing CAGR of 26.01%.

Metaverse market Share in Finance - The market share is expected to increase to USD 50.37 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 20.93%.

Metaverse in Entertainment market - The market share is expected to increase to USD 28.92 billion by 2026 at an accelerating CAGR of 8.55%. 

Metaverse in FMCG market - The market share is expected to increase to USD 2.11 billion from 2021 to 2026 at an accelerating CAGR of 21.8%.

Metaverse Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 33.26%

Market growth 2022-2026

$ 677.98 billion

Market structure

Fragmented

YoY growth (%)

28.73

Regional analysis

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

Performing market contribution

North America at 38%

Key consumer countries

US, Canada, China, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Accenture Plc, Active Theory LLC, Animoca Brands Corp. Ltd, ByteDance Ltd., Decentraland Foundation, 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, Roblox Corp, Tencent Holdings Ltd., Unity Software Inc., and Wilkins Avenue AR

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, Market condition analysis for forecast period

Customization purview

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

Request for a FREE sample

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

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive metaverse market growth during the next five years
  • Precise estimation of the metaverse market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the metaverse industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of metaverse market vendors

We can help! Our analysts can customize this 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 Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Device

    • 5.1 Market segments
      • Exhibit 24: Chart on Device - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Device - Market share 2021-2026 (%)
    • 5.2 Comparison by Device
      • Exhibit 26: Chart on Comparison by Device
      • Exhibit 27: Data Table on Comparison by Device
    • 5.3 VR and AR devices - Market size and forecast 2021-2026
      • Exhibit 28: Chart on VR and AR devices - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 29: Data Table on VR and AR devices - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 30: Chart on VR and AR devices - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on VR and AR devices - Year-over-year growth 2021-2026 (%)
    • 5.4 Computing devices - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Computing devices - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 33: Data Table on Computing devices - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 34: Chart on Computing devices - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Computing devices - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Device
      • Exhibit 36: Market opportunity by Device ($ billion)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 UK - Market size and forecast 2021-2026
      • Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.12 Canada - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ billion)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Accenture Plc
              • Exhibit 89: Accenture Plc - Overview
              • Exhibit 90: Accenture Plc - Business segments
              • Exhibit 91: Accenture Plc - Key news
              • Exhibit 92: Accenture Plc - Key offerings
              • Exhibit 93: Accenture Plc - Segment focus
            • 10.4 ByteDance Ltd.
              • Exhibit 94: ByteDance Ltd. - Overview
              • Exhibit 95: ByteDance Ltd. - Product / Service
              • Exhibit 96: ByteDance Ltd. - Key offerings
            • 10.5 Devden Creative Solutions Pvt. Ltd
              • Exhibit 97: Devden Creative Solutions Pvt. Ltd - Overview
              • Exhibit 98: Devden Creative Solutions Pvt. Ltd - Product / Service
              • Exhibit 99: Devden Creative Solutions Pvt. Ltd - Key offerings
            • 10.6 GoMeta Inc.
              • Exhibit 100: GoMeta Inc. - Overview
              • Exhibit 101: GoMeta Inc. - Product / Service
              • Exhibit 102: GoMeta Inc. - Key offerings
            • 10.7 Infosys Ltd.
              • Exhibit 103: Infosys Ltd. - Overview
              • Exhibit 104: Infosys Ltd. - Business segments
              • Exhibit 105: Infosys Ltd. - Key news
              • Exhibit 106: Infosys Ltd. - Key offerings
              • Exhibit 107: Infosys Ltd. - Segment focus
            • 10.8 Meta Platforms Inc.
              • Exhibit 108: Meta Platforms Inc. - Overview
              • Exhibit 109: Meta Platforms Inc. - Business segments
              • Exhibit 110: Meta Platforms Inc. - Key news
              • Exhibit 111: Meta Platforms Inc. - Key offerings
              • Exhibit 112: Meta Platforms Inc. - Segment focus
            • 10.9 Microsoft Corp.
              • Exhibit 113: Microsoft Corp. - Overview
              • Exhibit 114: Microsoft Corp. - Business segments
              • Exhibit 115: Microsoft Corp. - Key news
              • Exhibit 116: Microsoft Corp. - Key offerings
              • Exhibit 117: Microsoft Corp. - Segment focus
            • 10.10 NexTech AR Solutions Corp.
              • Exhibit 118: NexTech AR Solutions Corp. - Overview
              • Exhibit 119: NexTech AR Solutions Corp. - Business segments
              • Exhibit 120: NexTech AR Solutions Corp. - Key offerings
              • Exhibit 121: NexTech AR Solutions Corp. - Segment focus
            • 10.11 NVIDIA Corp.
              • Exhibit 122: NVIDIA Corp. - Overview
              • Exhibit 123: NVIDIA Corp. - Business segments
              • Exhibit 124: NVIDIA Corp. - Key news
              • Exhibit 125: NVIDIA Corp. - Key offerings
              • Exhibit 126: NVIDIA Corp. - Segment focus
            • 10.12 Roblox Corp
              • Exhibit 127: Roblox Corp - Overview
              • Exhibit 128: Roblox Corp - Product / Service
              • Exhibit 129: Roblox Corp - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 130: Inclusions checklist
                • Exhibit 131: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 132: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 133: Research methodology
                • Exhibit 134: Validation techniques employed for market sizing
                • Exhibit 135: Information sources
              • 11.5 List of abbreviations
                • Exhibit 136: 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.

              TechnavioINFORMATION 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
              Technavio

              TechnavioDATA 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
              Technavio

              TechnavioREPORT WRITING

              Qualitative

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

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
              Get your sample now!
              Metaverse Market market growth will increase by $677.98 bn during 2022-2026.
              The metaverse market market is expected to grow at a CAGR of 33.26% during 2022-2026.
              Technavio has segmented the metaverse market market by device (VR and AR devices and Computing devices) and geography (North America, Europe, APAC, South America, and Middle East and Africa).
              Accenture Plc, Active Theory LLC, Animoca Brands Corp. Ltd, ByteDance Ltd., Decentraland Foundation, 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, Roblox Corp, Tencent Holdings Ltd., Unity Software Inc., Wilkins Avenue AR are a few of the key vendors in the metaverse market market.
              North America will register the highest growth rate of 38% among the other regions. Therefore, the metaverse market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the metaverse market market growth are:
              • increasing demand for AR and VR technology
              • growing number of product launches
              The metaverse market market vendors should focus on grabbing business opportunities from the vr and ar devices segment as it accounted for the largest market share in the base year.
              • 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?
              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis

              Certified ISO 9001 : 2015

              We are ISO recognized

              We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

              We are GDPR and CCPA compliant

              We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

              Safe and Secure SSL Encrypted
              Technavio

              info
              close
              • Single:

                One user only.
                Quick & easy download option

              • Enterprise:

                Unlimited user access (Within your organization)
                Complimentary Customization Included

              2500 USD

              Technavio Get the report (PDF) sent to your email within minutes.

              Subscribe & Save

              Get lifetime access to our
              Technavio Insights

              Customized Report as per your Business Needs

              • Our analysts will work directly with you and understand your needs
              • Get data on specified regions or segments, competitor and Vendors
              • Data will be formatted and presented as per your requirements
              • We offer $1000 worth of FREE customization at the time of purchase

              Let us help you make report more suited to your requirements.

              • Get a competitive breakdown as per your niche industry
              • Customize the data with various metrics that meet your business prerequisite
              • Understand Revenue Sources, Customers and many more
              • Details on Market Share
              • These customizations are done in a short amount of time by our analysts and industry experts
              Technavio
              Enquire Before Buying
              17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>