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U.S. Metaverse Market Growing at a CAGR of 30.5% Projected to Surpass USD 314.59 Billion By 2032

10-04-2024 08:41 AM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

U.S. Metaverse Market

U.S. Metaverse Market

๐”.๐’. ๐Œ๐ž๐ญ๐š๐ฏ๐ž๐ซ๐ฌ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ
According to an exhaustive report by Polaris Market Research, the global US metaverse market is poised for significant growth over the next decade. In 2023, global sales income reached USD 28.78 billion. Predicted to boost at a robust CAGR of 30.5%, the market is estimated to reach USD 314.59 billion by 2032.

The metaverse is surfacing 3D-sanctioned digital capacity that utilizes virtual reality, augmented reality, and other progressive internet and semiconductor technology to permit people to have lives resembling unique and business encounters online. Albeit the vision of speedy maturation of consummated virtual worlds where humans labor, shop and socialize from the solace of their couches has faded, the metaverse is yet alive. Constituents of it are acquiring resistance as graphics and the potential for virtual and augmented realty underpinned by AI speedily enhance.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฐ๐ข๐ญ๐ก ๐€๐ง ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐‹๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐”๐ฉ๐œ๐จ๐ฆ๐ข๐ง๐  ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/us-metaverse-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ

โ€ข The market for the US metaverse is expanding due to notable awareness lately due to progressions in technologies such as VR, AR, blockchain, and cloud computing.
โ€ข Altering market trends towards cloud computing have rendered it feasible to convey exceptional content and applications smoothly covering devices, reinforcing the growth of the metaverse. Spearheading cloud donors such as Amazon Web Services, Microsoft Azure, and Google Cloud Platform are augmenting their offerings to encounter the demand of surfacing markets.
โ€ข As people are becoming more conscious of blockchain technologies and cryptocurrencies, they are seeking contemporary ways to fund and deal with digital assets. Simultaneously there is an escalating inclination towards intriguing technologies such as AR and VR which sanctions users to communicate with virtual ambiances that imitate authentic confrontations or totally contemporary worlds which is supporting the US metaverse market growth.

๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ฒ ๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž

The market is witnessing notable ventures from several critical players involving technology mammoths, startups and investors. Major companies in the US metaverse market are noted below:

โ€ข Active Theory
โ€ข Decentraland
โ€ข Epic Games, Inc.
โ€ข Futureverse
โ€ข Google LLC
โ€ข Maticz Technologies Private Limited
โ€ข Meta Platforms, Inc.
โ€ข Microsoft Corporation
โ€ข NVIDIA Corporation
โ€ข Roblox Corporation
โ€ข Tencent
โ€ข Unity Technologies, Inc.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ž๐Ÿ๐จ๐ซ๐ž ๐ฉ๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž: https://www.polarismarketresearch.com/industry-analysis/us-metaverse-market/inquire-before-buying

๐”.๐’. ๐Œ๐ž๐ญ๐š๐ฏ๐ž๐ซ๐ฌ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข The dominant share in the U.S. Metaverse market is held by the software segment, owing to the fact that the metaverse is essentially a virtual world that necessitates cutting-edge software solutions to construct a captivating and interactive environment for its users.
โ€ข In 2023, the U.S. metaverse market was primarily led by the virtual reality (VR) and augmented reality (AR) segment, owing to the increasing adoption of VR and AR technologies by several end-use industries.
โ€ข The metaverse market in the U.S. has been predominantly ruled by the gaming applications segment owing to the extensive popularity of gaming as a form of entertainment in the country for several years.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/us-metaverse-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค

Polaris Market Research has segmented the U.S. Metaverse market report based on type, technology, and application:

๐”.๐’. ๐Œ๐ž๐ญ๐š๐ฏ๐ž๐ซ๐ฌ๐ž, ๐“๐ฒ๐ฉ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž - ๐”๐’๐ƒ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ— - ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)
โ€ข Hardware
โ€ข Software
โ€ข Service

๐”.๐’. ๐Œ๐ž๐ญ๐š๐ฏ๐ž๐ซ๐ฌ๐ž, ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž - ๐”๐’๐ƒ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ— - ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)
โ€ข Blockchain
โ€ข Virtual Reality and Augmented Reality
โ€ข Mixed Reality
โ€ข Others

๐”.๐’. ๐Œ๐ž๐ญ๐š๐ฏ๐ž๐ซ๐ฌ๐ž, ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž - ๐”๐’๐ƒ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ— - ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)
โ€ข Content Creation and Social Media
โ€ข Digital Marketing
โ€ข Events and Conference
โ€ข Gaming
โ€ข Online Shopping
โ€ข Testing and Inspection
โ€ข Others

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Virtual Reality (Vr) In Gaming Market: https://www.einpresswire.com/article/745105372/virtual-reality-vr-in-gaming-market-significant-growth-expected-to-reach-us-142-87-bn-by-2032-witnessing-21-2-cagr

Consumer Network Attached Storage (Nas) Market : https://www.einpresswire.com/article/745101461/consumer-network-attached-storage-nas-market-representing-a-cagr-of-11-5-is-poised-to-reach-us-15-02-bn-by-2032

Robotic Platform Market: https://www.einpresswire.com/article/745766893/robotic-platform-market-is-poised-to-reach-us-15-58-billion-reflecting-a-cagr-of-5-7-from-2024-to-2032

Mobile Virtual Network Operator Market: https://www.einpresswire.com/article/746084550/mobile-virtual-network-operator-mvno-market-is-projected-to-grow-to-us-173-10-billion-at-a-cagr-8-2-from-2024-2032

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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