Press release
Metaverse Market to be Worth $815.8 Billion by 2030
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5612
The metaverse market is segmented by offering, medium, application, and end-use industry. The study also evaluates industry competitors and analyzes the regional and country-level markets.
Based on offering, the metaverse market is segmented into hardware and platforms. In 2023, the hardware segment is expected to account for the larger share of the global metaverse market. The large share of this segment is mainly attributed to the growing focus among firms on producing products that provide a better user experience and enable more extended user immersion. To improve the realism of virtual worlds, companies are also working to develop more advanced hardware, such as VR/AR headsets, haptic devices, and sensors which are expected to drive segment growth.
For instance, in June 2023, Meta Platforms, Inc. (U.S.) announced the company's next-generation mixed-reality headset. This new headset boasts several upgrades compared to its predecessor. Notably, it features a sleeker design, with its thickness reduced by 40%. However, the platforms segment is expected to record the highest CAGR during the forecast period.
Based on medium, the metaverse market is segmented into hololense, desktops, smartphones, and headsets. In 2023, the desktop segment is expected to account for the largest share of the global metaverse market. Some of the metaverse platforms, such as decentraland, can be experienced using a desktop PC or a laptop with an internet browser. In addition, if users want to expand beyond the capabilities of a smartphone, a computer with good graphics and memory will enhance their experience. Thus, all such factors are attributed to the large share of the segment. However, the mobile segment is expected to record the highest CAGR during the forecast period.
Based on application, the metaverse market is segmented into virtual learning, entertainment in VR, virtual work settings, virtual/enhanced gaming, virtual socialization, digital health resources, and other applications. In 2023, the virtual/enhanced gaming segment is expected to account for the largest share of the global Metaverse market. The large market share of this segment is mainly attributed to the significant ongoing innovations and developments by developers, as well as a growing focus on boosting immersion and making games more realistic. However, the virtual learning segment is expected to record the highest CAGR during the forecast period.
Speak to Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5612
Based on end-use industry, the metaverse market is segmented into gaming, IT & telecom, education, finance, marketing & advertising, healthcare, travel & hospitality, construction, transportation, manufacturing, retail & ecommerce, and other end-use industries. In 2023, the gaming segment is expected to account for the largest share of the global metaverse market. The large market share of this segment is mainly attributed to the rising adoption of metaverse in gaming to provide players with a socialistic environment where they can build relationships with the elements around them to gain a more flexible immersive gaming experience.
In addition, rising investment in immersive technologies to incorporate them into gaming is expected to drive segment growth. For instance, in February 2022, Sony (Japan) released the VR2 and VR2 Sense Controllers for the PlayStation 5 to provide customers with a high-quality virtual reality experience that enables users to lose themselves in the gaming world with a broad spectrum of experiences. However, the marketing & advertising segment is expected to record the highest CAGR during the forecast period.
Based on geography, the metaverse market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the Metaverse market. Being technologically advanced and developed, North America is the leading market in developing cutting-edge technologies used in display devices. The rising expenditure of companies and individuals on digital solutions and advanced technologies also boosts market growth. Furthermore, the strong presence of gaming and metaverse businesses concentrating on incorporating metaverse into gaming is creating market growth potential.
Some of the recent developments:
In January 2022, Microsoft Corporation (U.S.) acquired Activision Blizzard, Inc. (U.S.) to foster the metaverse industry's development and accelerate Microsoft's gaming business growth across mobile, PC, cloud, and console platforms.
In January 2023, the International Organization for Public-Private Cooperation in Geneva, also known as the World Economic Forum (WEF), collaborated with Microsoft Corporation (U.S.) to build a Global Collaboration Village. This metaverse platform focuses on promoting virtual multi-stakeholder cooperation.
Key Players
The key players operating in the metaverse market are Meta Platforms, Inc. (U.S.), Microsoft Corporation(U.S.), Google LLC (U.S.), Unity Software Inc. (U.S.), , Adobe Inc. (U.S.), Hewlett Packard Enterprise Company (U.S.), Infosys Ltd. (India), TCS (India), Qualcomm Technologies, Inc. (U.S.), Ansys (U.S.), Autodesk (U.S.), Intel Corporation (U.S.), Tech Mahindra (India), Samsung (South Korea), NetEase, Inc. (China), Electronic Arts Inc. (U.S.), Epic games (U.S.), Take-Two (U.S.), and Valve (U.S.)
Buy now: https://www.meticulousresearch.com/Checkout/94360609
Key questions answered in the report-
Which high-growth market segments are based on offering, medium, application, and end-use industry?
What was the historical market for metaverse?
What are the market forecasts and estimates for the period 2023-2030?
What are the major drivers, restraints, and opportunities in the metaverse market?
Who are the major players, and what shares do they hold in the metaverse market?
How is the competitive landscape in the metaverse market?
About Us:
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Metaverse Market to be Worth $815.8 Billion by 2030 here
News-ID: 3256937 • Views: …
More Releases from Meticulous Research®
How Ultrasonic Testing Keeps the World's Infrastructure Safe
The global ultrasonic testing market was valued at USD 1.96 billion in 2025 and is on track to more than double, reaching around USD 4.54 billion by 2036, up from USD 2.08 billion in 2026 - a steady annual growth rate of 8.1% across the decade. The driving forces behind this expansion are straightforward: industries everywhere are under growing pressure to keep their infrastructure safe, comply with increasingly strict inspection…
Farming Without Hands: How Agricultural Robots Are Solving the Food Production C …
The global agricultural robots market was valued at USD 15.7 billion in 2025 and is expected to climb from USD 18.6 billion in 2026 to around USD 123.0 billion by 2036 - a growth rate of 20.7% per year over that decade. The forces behind this surge are hard to ignore: farms everywhere are struggling to find enough workers, the push toward smarter and more efficient farming is accelerating, and…
Engineering the Impossible: How Metamaterials Are Rewriting the Rules of Physics …
The global metamaterial market was valued at USD 1.45 billion in 2025 and is projected to grow from USD 1.78 billion in 2026 to approximately USD 18.50 billion by 2036, at a compound annual growth rate of 28.5%. That trajectory - more than a tenfold increase over a decade - reflects a technology that is crossing a critical threshold from scientific novelty to industrial necessity, finding applications across telecommunications, aerospace,…
Beyond GPS: How LEO Satellites Are Building a Navigation System the World Can Ac …
The global Low Earth Orbit Positioning, Navigation, and Timing market was valued at USD 118.6 million in 2025 and is projected to grow from USD 154.0 million in 2026 to approximately USD 2.55 billion by 2036, at a compound annual growth rate of 32.4%. That growth rate - among the highest of any segment in the space industry - tells a story about urgency. The world has become deeply dependent…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
