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Metaverse in Finance Market 2021 Key Competitors, Major Products and Services, Share Analysis, and Upcoming Trends to 2028

09-13-2022 12:37 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Emergen Research

Metaverse in Finance Market | Emergen Research

Metaverse in Finance Market | Emergen Research

Emergen Research has recently published its latest report titled "Metaverse in Finance Market. Advancements in metaverse are expected to boost its adoption in the finance and business sector with a sharp focus on social connection. Businesses can leverage metaverse to advertise their products and will open up new opportunities for entirely digital products.

Increasing focus on virtual reality, digital assets, blockchain and cryptocurrency, rising use of metaverse technology to streamline financial data management, and development of metaverse wallets are some factors expected to drive market revenue growth over the forecast period. Rapid adoption of metaverse technology by traditional financial institutions, integration of decentralized finance protocols, and growing popularity of NFTs are some other factors expected to further contribute to revenue share over the forecast period.

Metaverse is expected to create lucrative opportunities in the finance sector as increasing number of financial institutions are integrating metaverse with their financial services to provide better offerings and enhance customer experience. Metaverse can play a crucial role in management of large datasets of financial transactions. Blockchain and cryptocurrencies can further improve security of the transactions and prevent frauds and suspicious activities. In addition, numerous banks and financial institutions have started using VR and AR in financial projects to strengthen customer relations, provide coaching and personalized guidance, and accelerate digitized banking and these factors are expected to fuel revenue growth of the market going ahead.

Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.emergenresearch.com/request-sample/895

Global Metaverse in Finance Market Research Report and Forecast to 2028 is an investigative report providing an extensive study of the global Metaverse in Finance market with regards to market size, market share, current and emerging trends, and latest technological developments. The report also sheds light on the competitive landscape of the Metaverse in Finance market on the global and regional scale, along with a thorough forecast estimation to 2028.

The new report is updated with the impact of the COVID-19 pandemic on the Metaverse in Finance market. It analyzes the impact of the pandemic with regards to economic landscape and government regulations in each region. It also studies the supply chain disruptions and economic volatility induced by the pandemic and offers a current and future assessment of the impact of the pandemic on the global and regional Metaverse in Finance market.

Major Companies in the Market Include:

Bank of America

BNP Paribas

National Bank of Kuwait

Kookmin Bank

Shinhan Bank

IBK Investment & Securities

NH Investment & Securities

Mogo, Inc.

Key Highlights From the Report

Blockchain Segment to Account for Largest Revenue Share:

Blockchain segment is expected to account for largest revenue share over the forecast period attributable to increasing popularity and adoption of cryptocurrency in metaverse, rising use of blockchain to smart contracts and carry out secure financial transactions, and advancements in metaverse crypto projects. Blockchain offers digital proof of ownership for assets in metaverse and this ensure enhanced compatibility and interoperability in the metaverse.

Investment Banks Segment to Register Robust Revenue Growth:

Investment banks segment is expected to register robust revenue growth over the forecast period attributable to rapid adoption of metaverse technologies by major investment banks across the globe to enhance customer experience, increasing utilization of technology to develop branches in metaverse, and to offer training and others skills to bank employees.

Asia Pacific to Lead in Terms of Revenue CAGR:

Asia Pacific market revenue to expand at robust revenue CAGR over the forecast period owing to increasing number of financial companies and banks entering the metaverse with their own platforms, rapid adoption of metaverse technology by brokerage banks and credit card insurers to update their business models, and growing acceptance of cryptocurrencies in the region.

Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/metaverse-in-finance-market

The global Metaverse in Finance market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Metaverse in Finance sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.

Emergen Research has segmented the global metaverse in finance market on the basis of component, technology, end use, and region:

Component Outlook (Revenue, USD Billion; 2018-2028)

Hardware

Software

Technology Outlook (Revenue, USD Billion; 2018-2028)

Blockchain

Metaverse Wallets

Virtual Assistants

Non-fungible Tokens (NFT)

End Use Outlook (Revenue, USD Billion; 2018-2028)

Brokerage Firms

Investment Banks

Financial Institutions

Fintech Companies

Digital Asset Management Companies

Financial Advisory Companies

Commercial Banks

Regional Outlook (Revenue, USD Billion; 2018-2028)

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

France

BENELUX

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

U.A.E.

Israel

Rest of MEA

Key Benefits of Buying the Global Metaverse in Finance Report:

Comprehensive analysis of the changing competitive landscape

Assists in decision making processes for the businesses along with detailed strategic planning methodologies

The report offers an 8-year forecast and assessment of the Global Metaverse in Finance Market

Helps in understanding the key product segments and their estimated growth rate

In-depth analysis of market drivers, restraints, trends, and opportunities

Comprehensive regional analysis of the Global Metaverse in Finance Market

Extensive profiling of the key stakeholders of the business sphere

Detailed analysis of the factors influencing the growth of the Global Metaverse in Finance Market

Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ https://www.emergenresearch.com/request-discount/895

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