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Metaverse In E-Commerce Market Landscape 2025: Forecast Data and Growth Strategy Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Metaverse In E-Commerce Market Through 2025?
The size of the metaverse in the e-commerce market has experienced significant growth over the past few years. It's predicted to rise from $20.53 billion in 2024 to $28.28 billion by 2025, showcasing an impressive compound annual growth rate (CAGR) of 37.8%. This unprecedented growth throughout the historic duration is largely due to the emergence of 5G technology, the burgeoning trend of social commerce, a surge in mobile devices and tablet usage, a rise in the adoption of virtual and augmented reality, and the increased demand for more immersive visual and sensory experiences.
What's the Projected Size of the Global Metaverse In E-Commerce Market by 2029?
The anticipated surge in the size of the metaverse in the e-commerce market will indeed be remarkable over the coming years. Projected to expand to $100.89 billion by 2029 with a compound annual growth rate (CAGR) of 37.4%, this growth can be ascribed to several factors. The emergence of non-fungible tokens (NFTs), an escalating demand for superior security and privacy measures, the increasing popularity of decentralized e-commerce platforms, surging demand for dynamic and engaging shopping experiences, and the rise in online shopping needs are all playing a role. Key trends expected to shape this period include the incorporation of blockchain technology, groundbreaking improvements in payment and financial transaction procedures, AI-fuelled customization, the release of innovative products, and ongoing technological progress.
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Top Growth Drivers in the Metaverse In E-Commerce Industry: What's Accelerating the Market?
The surge in social commerce is anticipated to spur the expansion of the metaverse in e-commerce markets in the future. Social commerce encompasses the utilization of social media platforms to streamline online purchases and sales through unified shopping attributes. Social commerce is on the upswing due to escalated social media consumption, smooth integration of shopping experiences, and the effect of social interactions on buying choices. The metaverse in e-commerce improves social commerce by establishing captivating, interactive shopping experiences that mix social interactions with virtual shops and product discovery. For example, the Census Bureau of the Department of Commerce, a US government institution, stated in February 2024 that the projected U.S. retail e-commerce sales for the second quarter of 2024 hit $282.3 billion, showcasing a 5.3% (±0.7) increase from the first quarter of 2023. Hence, the upswing of social commerce is leading the growth of the metaverse in the e-commerce market.
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What Trends Will Shape the Metaverse In E-Commerce Market Through 2029 and Beyond?
Leading firms in the e-commerce sector of the metaverse are creating in-game purchasing experiences, fusing shopping and gameplay to boost user interaction and stimulate revenue via virtual item sales. In-game purchasing offers players the opportunity to acquire virtual goods or improvements within a game, using real or in-game currency, thereby enhancing their gaming experience or personalizing their characters. For example, Amazon, a US-based international tech giant, launched Amazon Anywhere in May 2023. This comprises application programming interfaces (APIs) aimed at app and game creators, enabling customers to buy real items directly from the Amazon store while engaged in virtual settings like video games and AR apps. The platform offers in-game shopping, product integration, a wide range of products, order management, and APIs for developers to incorporate Amazon's shopping features into their apps and games. This uninterrupted shopping experience lets users shop within the game or app, in turn, boosting user interaction.
What Are the Main Segments in the Metaverse In E-Commerce Market?
The metaverse in e-commercemarket covered in this report is segmented -
1) By Technology: Augmented Reality (AR) Or Virtual Reality (VR) Headset, Blockchain, Mixed Reality, Other Technologies
2) By Platform: Computer, Mobile, Headset
3) By Application: Virtual Stores, Virtual Events, Virtual Product Discovery, Virtual Customer Service, Virtual Payments
Subsegments:
1) By Augmented Reality (AR) Or Virtual Reality (VR) Headset: Standalone VR Headsets, Tethered VR Headsets, AR Smart Glasses, Mobile AR Applications
2) By Blockchain: Cryptocurrency Payment Systems, Smart Contracts For Transactions, Supply Chain Management Solutions, Digital Identity Verification
3) By Mixed Reality: Holographic Displays, Immersive Retail Experiences, Interactive Virtual Showrooms
4) By Other Technologies: Artificial Intelligence (AI), 3D Modeling and Rendering Software, Social Commerce Platforms, Cloud Computing Solutions
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Which Top Companies are Driving Growth in the Metaverse In E-Commerce Market?
Major companies operating in the metaverse in e-commerce market are Microsoft Corporation, Alibaba Group, Meta Platforms Inc., Tencent Holdings Limited, Amazon Web Services (AWS), Sony Corporation, Nike Inc., NVIDIA Corporation, Adidas Inc., Shopify Inc., Flipkart, Etsy Inc., Roblox Corporation, Epic Games Inc., BigCommerce Holdings Inc., HTC Corporation, Animoca Brands Corporation Ltd., Decentraland, Ready Player Me, The Sandbox, ARuVR, Verpex hosting LTD
Which Regions Will Dominate the Metaverse In E-Commerce Market Through 2029?
North America was the largest region in the metaverse in e-commerce market in 2024. The regions covered in the metaverse in e-commerce market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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