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Metaverse in Automotive Market New Opportunities, Future Trends And Forecast 2030

01-20-2025 12:07 PM CET | IT, New Media & Software

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Metaverse in Automotive Market

Metaverse in Automotive Market

๐“๐ก๐ž ๐Œ๐ž๐ญ๐š๐ฏ๐ž๐ซ๐ฌ๐ž ๐‘๐ž๐ฏ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ข๐ณ๐ข๐ง๐  ๐ญ๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ: ๐€ ๐†๐ฅ๐จ๐›๐š๐ฅ ๐๐ž๐ซ๐ฌ๐ฉ๐ž๐œ๐ญ๐ข๐ฏ๐ž

The automotive industry is undergoing a transformative shift with the integration of the metaverse, an expansive virtual environment that leverages technologies such as Virtual Reality (VR), Augmented Reality (AR), and Mixed Reality (MR). This convergence is set to redefine various aspects of the automotive sector, from design and manufacturing to sales and customer engagement.

๐Œ๐ž๐ญ๐š๐ฏ๐ž๐ซ๐ฌ๐ž ๐ข๐ง ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

A variety of online interactions can be supported by the immersive virtual environment known as the Metaverse. Metaverse technology has the potential to streamline and optimize supply chain management in the automotive industry, encompassing everything from product design to procurement, manufacture, and inventory.

Metaverse in Automotive Market size was valued at USD 2.81 billion in 2023 and the total Metaverse in Automotive revenue is expected to grow at a CAGR of 34.6% from 2024 to 2030, reaching nearly USD 22.49 Billion by 2030.

๐…๐จ๐ซ ๐š ๐ช๐ฎ๐ข๐œ๐ค ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฉ๐ฅ๐ž๐š๐ฌ๐ž ๐œ๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/request-sample/228936/

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

๐Œ๐ž๐ญ๐š๐ฏ๐ž๐ซ๐ฌ๐ž ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's burgeoning tech ecosystem is fostering collaborations between automotive companies and technology firms to explore metaverse applications. These initiatives aim to enhance virtual showrooms and customer engagement platforms, providing immersive experiences for consumers.

๐Œ๐ž๐ญ๐š๐ฏ๐ž๐ซ๐ฌ๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand is witnessing a surge in the adoption of AR and VR technologies within its automotive industry. Manufacturers are leveraging the metaverse for virtual prototyping and training, streamlining operations and reducing costs.

๐Œ๐ž๐ญ๐š๐ฏ๐ž๐ซ๐ฌ๐ž ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japanese automotive giants are at the forefront of integrating metaverse technologies. Companies like Nissan have developed virtual platforms that connect drivers and passengers to the metaverse, offering features such as 3D AR avatars and real-time environment tracking.
MARKETSANDMARKETS

๐Œ๐ž๐ญ๐š๐ฏ๐ž๐ซ๐ฌ๐ž ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's automotive sector is embracing the metaverse through collaborations with tech startups to develop in-car AR experiences. These partnerships aim to enhance infotainment systems, providing passengers with immersive content synchronized with real-time driving motions.

๐ƒ๐ข๐ฏ๐ž ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ž ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐จ๐ฎ๐ซ ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/request-sample/228936/

๐Œ๐ž๐ญ๐š๐ฏ๐ž๐ซ๐ฌ๐ž ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore is investing in metaverse research and development, encouraging automotive companies to adopt virtual reality for vehicle design and customer interactions. This initiative aims to position Singapore as a hub for automotive innovation in the metaverse.

๐Œ๐ž๐ญ๐š๐ฏ๐ž๐ซ๐ฌ๐ž ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ

In the U.S., automotive manufacturers are utilizing the metaverse for brand promotions through gamification. Companies are creating immersive online experiences and virtual world simulators to engage customers, exemplified by collaborations between Volkswagen AG and Microsoft.

๐Š๐ž๐ฒ ๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

In March 2022, Audi collaborated with startup Holoride to bring VR in-car entertainment to Audi vehicles. Passengers can use VR glasses to experience immersive games and videos, with the content synchronized to real-time driving motions.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/228936/

๐Œ๐ž๐ญ๐š๐ฏ๐ž๐ซ๐ฌ๐ž ๐ข๐ง ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ

Hardware
Software

๐›๐ฒ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ

Virtual Reality
Augmented Reality
Mixed Reality

According to technology, the global metaverse in the automotive industry was dominated by the Virtual Reality (VR) segment, which held a market share of almost 60%. The category comes out as the dominating segment within the Global Metaverse in the Automotive Market, and MMR study predicts that it will develop at a CAGR of 34.6% over the projected period. The rapid rise of virtual reality (VR) platforms is expected to promote the growing usage of VR platforms in the development of in-car reality entertainment systems. Leading companies in VR technology development, like as Oculus (owned by Facebook), HTC, Sony, Microsoft, and Google, are producing state-of-the-art VR experiences and immersive worlds for a range of uses, such as training, entertainment, and automobiles.

๐›๐ฒ ๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง

Virtual Platforms/Spaces
Avatars
Asset Marketplace
Financial Services

๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Simulation, Testing, and Designing
Advertising
Online Car Purchasing
Infotainment
Car Design

๐“๐จ ๐‹๐ž๐š๐ซ๐ง ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ข๐ฌ ๐’๐ญ๐ฎ๐๐ฒ, ๐๐ฅ๐ž๐š๐ฌ๐ž ๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/market-report/metaverse-in-automotive-market/228936/

๐Œ๐ž๐ญ๐š๐ฏ๐ž๐ซ๐ฌ๐ž ๐ข๐ง ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

1. Nvidia (US)
2. Unity Technologies (US)
3. Epic Games (US)
4. Microsoft (US)
5. Meta Platforms (US)
6. Roblox Corporation (US)
7. Autodesk (US)
8. Siemens (Germany)
9. PTC (US)
10. Dassault Systems (France)
11. Toyota (Japan)
12. General Motors (US)
13. Ford (US)
14. Stellantis (Italy)
15. Volkswagen Group (Germany)
16. Hyundai Motor Group (South Korea)
17. WayRay (Switzerland)
18. Holoride GmbH (Germany)
19. Varjo Technologies (Finland)
20. Metadome.ai (India)
21. The Fabricant (Netherlands)
22. Renovo (US)
23. Manufactura (US)

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ฌ :

Fluid Dispensing Equipment Market https://www.maximizemarketresearch.com/market-report/global-fluid-dispensing-equipment-market/80411/

Global Autonomous and Semi Autonomous Tractors Market https://www.maximizemarketresearch.com/market-report/global-autonomous-and-semi-autonomous-tractors-market/18565/

Global Direct Electrical Heating Market https://www.maximizemarketresearch.com/market-report/global-direct-electrical-heating-market/82084/

Global Functional Proteins Market https://www.maximizemarketresearch.com/market-report/global-functional-proteins-market/97446/

Fuel Oil Treatment & Conditioning Market https://www.maximizemarketresearch.com/market-report/global-fuel-oil-treatment-conditioning-market/103110/

Global Refrigeration Oil Market https://www.maximizemarketresearch.com/market-report/global-refrigeration-oil-market/4509/

Automotive Power Discrete Market https://www.maximizemarketresearch.com/market-report/automotive-power-discrete-market/147002/

Cotton Ginning Machinery Market https://www.maximizemarketresearch.com/market-report/cotton-ginning-machinery-market/148324/

Global Virtual Reality Camera Market https://www.maximizemarketresearch.com/market-report/global-virtual-reality-camera-market/88166/

Near Field Communication (NFC) India Market https://www.maximizemarketresearch.com/market-report/near-field-communication-nfc-india-market/12549/

๐Œ๐€๐—๐ˆ๐Œ๐ˆ๐™๐„ ๐Œ๐€๐‘๐Š๐„๐“ ๐‘๐„๐’๐„๐€๐‘๐‚๐‡ ๐๐•๐“. ๐‹๐“๐ƒ.

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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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