The advent of the metaverse has drastically improved each of these things for B2B marketing. FOR Software, BY REGION, 2022-2030 (USD Million), TABLE 45. It is expected that the market will only generate fewer sales by 2026, down from the previously projected revenue. Think of it as augmented reality, virtual reality, social media, gaming and cryptocurrency combined. 4.12.2 Porters analysis ASIA-PACIFIC By Offering, 2022-2030 (USD Million) 15. Manufacturers Mergers & Acquisitions, Expansion Plans, 7. Table 98 UAE: Metaverse Market, by Application, 2018 - 2030 (USD Billion) 14.2.4.2.1. Get more details on this report - Request Free Sample PDF. Asia Pacific By Application, 2022 - 2030 (USD Million) Global Market: By Platform Segment Analysis Value creation in the metaverse. By End-user Type, 2022-2030 (USD Million) 4.5 By Technology Business Analysis Today, the most popular way to experience the Metaverse is via a video game played on a virtual reality (VR) headset. Figure 11. India By Region, 2022 - 2030 (USD Million), 14.3.4.2.3. Introduction 14.3.4.2.4. 15.8. FOR Metaverse in Education, BY REGION, 2022-2030 (USD Million) We expect the next generation of the internet, i.e., the Metaverse, would encapsulate a range of form factors of money, including the existing/traditional forms of money and also upcoming digitally-native forms of money cryptocurrency, stablecoins, central bank digital currencies (CBDCs) that were out of scope in a pre-blockchain virtual world. Competitive & Vendor Landscape Global Metaverse Market, by Application, 2021 & 2030 (USD Billion), Figure 9. TABLE 44. Moreover, with the push toward a decentralized internet network (Web 3.0), demand for social media and gaming platforms based on advanced technologies is expected to grow at a brisk pace in the coming few years. Tencent Holdings Ltd., Meta, Inc., Alphabet, Inc., Nvidia Corporation, Roblox Corporation, Microsoft Corporation, Globant, Queppelin, Alibaba Cloud, Netease, Inc., Magic Leap, Inc. Companies Disrupting the Metaverse Technology. Figure 21 Desktop to Witness Higher CAGR in Metaverse Market for Platform Segment during Forecast Period. Table 74 South Korea: Metaverse Market, by Application, 2018 - 2030 (USD Billion) Visit a quote page and your recently viewed tickers will be displayed here. 14.4.2. This means that using Metaverse to buy digital assets with cryptocurrencies is becoming more and more popular around the world. Table 9 North America: Metaverse Market, by Industry Vertical, 2018 - 2030 (USD Billion) Germany by Applications, 2022 - 2030 (USD Million), 12.2.4.2.3. 14.2.4.3.1. 15.3.2. Using this broad definition, the total addressable market for the Metaverse could be between $8 trillion and $13 trillion by 2030, with total Metaverse users numbering around five billion.But getting to that market level is going to require infrastructure investment. FOR Metaverse in Fashion, BY REGION, 2022-2030 (USD Million), TABLE 27. TABLE 68. Key players like Tencent Holdings, Globant, etc. TABLE 65. 3.1 Metaverse Market: Post-Covid-19 4.2.1 Global market, 2022 2030(USD Million) TABLE 20. North America By Components, 2022 - 2030 (USD Million) Alibaba Cloud: COMPANY SNAPSHOT, TABLE 77. U.K. By Offering, 2022 - 2030 (USD Million) Latin America by Application, 2022 - 2030 (USD Million), 14.4.3. NORTH AMERICA BY COUNTRY, 2022-2030 (USD Million), TABLE 48. Drivers TABLE 56. The use and availability of cryptocurrencies are projected to increase, which will help the blockchain market to expand. 8.3. LAMEA BY Platform, 2022-2030 (USD Million), TABLE 60. 14.2. Table 10 U.S.: Metaverse Market, by Application, 2018 - 2030 (USD Billion) Metaverse in Virtual Platforms Enterprise use cases of the Metaverse in the coming years will likely include internal collaboration, client contact, sales and marketing, advertising, events and conference, engineering and design, and workforce training. Tom is a New York based principal at Deloitte and leads the Strategic Growth . Figure 18 Hardware to Witness Higher CAGR for Components Segment during Forecast Period. Table 17 Canada: Metaverse Market, by Industry Vertical, 2018 - 2030 (USD Billion) Figure 10 Data Triangulation Methodology Table 8 North America: Metaverse Market, by Technology, 2018 - 2030 (USD Billion) 15.6.4. Business Strategy & Recent Development While the metaverse continues to be defined, its potential to unleash the next wave of digital disruption is clear. Mesh for Teams is based on years of research and Microsoft cloud innovations, from Azure Digital Twins to Dynamics 365 Remote Assist and Teams video conferencing. https://blog.sonicwall.com/en-us/2021/10/cyber-threat-alert-ransomware-breaks-another-record/ 4.8 Application Business Analysis The metaverse consumer base is also growing in Asia-Pacific due to the increased adoption of technology that would enhance their experience in the metaverse, which increases the demand for these devices and the market growth. FOR Software, BY REGION, 2022-2030 (USD Million) LAMEA By Technology, 2022-2030 (USD Million), TABLE 59. Table 94 Middle East & Africa: Metaverse Market, by Application, 2018 - 2030 (USD Billion) India by Offering, 2022 - 2030 (USD Million) : Metaverse Market, by Industry Vertical, 2018 - 2030 (USD Billion), Indonesia: Metaverse Market, by Component, 2018 - 2030 (USD Billion), Indonesia: Metaverse Market, by Technology, 2018 - 2030 (USD Billion), South Korea: Metaverse Market, by Application, 2018 - 2030 (USD Billion), South Korea. 14.4. Germany by Region, 2022 - 2030 (USD Million), 14.2.4.2.4. Figure 10. Rest of Europe 15.1.2. The desktops are built with powerful and advanced graphics capabilities that render the VR experience. South Korea by Application, 2022 - 2030 (USD Million), 14.3.4.5. In June 2021, analysts at JP Morgan suggested that Meta, Inc. will use Broadcom, Inc.s application-specific integrated circuit (ASIC) chips to build its metaverse hardware. Primary interviews with experts Global Metaverse Market, by Component, 2021 & 2030 (USD Billion) Table 104 Saudi Arabia: Metaverse Market, by Technology, 2018 - 2030 (USD Billion) 15.3.4. Business Strategy & Recent Development India By Region, 2022 - 2030 (USD Million) Table 84 Brazil: Metaverse Market, by Technology, 2018 - 2030 (USD Billion) Queppelin. to the customers, thereby improvising their sales growth. The career opportunities in the metaverse are growing continuously. have been subject to cyber-attacks, which raises high sensitivity and security concerns. EUROPE BY End-Use, 2022-2030 (USD Million), TABLE 54. Investment will be needed in areas such as compute, storage, network infrastructure, consumer hardware, and game development platforms.The definition of what counts as money in the Open Metaverse is also likely to be very different from what counts as money in the real world today. TABLE 41. https://seekingalpha.com/news/3844034-meta-set-to-join-broadcoms-1-billion-custom-chip-customer-club-jp-morgan Sales Volume & Revenue Analysis (2022-2030) 14.1.4.1.3. Of Patent in Last 9 Years, Figure 7 No. According to a study, 53% of companies invest in cryptocurrencies, while 44% invest in NFTs. Figure 28 Vendor Dive: Evaluation Overview, 2.4.1.1. Market by Geography Japan by Application, 2022 - 2030 (USD Million) 10.3.1. U.K. By End-Use, 2022 - 2030 (USD Million), 14.2.4.2.1. Americans also enjoy their experience in the metaverse, which compels them to invest in devices that would further enhance their experience in the metaverse. Nvidia Corporation: COMPANY SNAPSHOT In the metaverse, cryptocurrencies will act as currencies.As cryptocurrency becomes the primary medium of exchange through which people buy and sell in the Metaverse, its users will become increasingly accustomed to acquiring, processing, and storing it. Sales Volume & Revenue Analysis (2022-2030) Table 40 Netherlands: Metaverse Market, by Technology, 2018 - 2030 (USD Billion) FOR Metaverse in Advertising, BY REGION, 2022-2030 (USD Million) Order, Corporate Tencent Holdings Ltd: COMPANY SNAPSHOT, TABLE 61. Market by Application We believe the Metaverse may be the next generation of the internet combining the physical and digital world in a persistent and immersive manner and not purely a Virtual Reality world. The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. Global Market: By Components Segment Analysis, 12.2. 8.6.1 Metaverse in Internet of Things (IoT) market, 2022 - 2030 (USD Million) Asia Pacific by Platform, 2022 - 2030 (USD Million) Financial performance FOR Desktop, BY REGION, 2022-2030 (USD Million), TABLE 15. Industrial Metaverse and the Evolution of Digital Twin. TABLE 39. 14.2.4.1.7. Figure 22 Media and Entertainment to Witness Higher CAGR End-Use Segment during Forecast Period. By Offerings Type, 2022-2030 (USD Million) 11.16 Metaverse in Payments Rest of ASIA PACIFIC By Region, 2022 - 2030 (USD Million) TABLE 69. This has created more opportunities for market players to develop advanced metaverse solutions. The Metaverse market in the U.S. is estimated at US$58.5 Billion in the year 2021. 15.9.1. 14.3.4.2.2. 14.3.2. Alphabet, Inc: OPERATING SEGMENTS .pdf Content uploaded by Yassin Abdalla Author content NORTH AMERICA BY APPLICATION, 2022-2030 (USD Million), TABLE 51. Netease, Inc: OPERATING SEGMENTS North America By Technology, 2022 - 2030 (USD Million) The desktop is currently a primary portal for entry into the metaverse. FOR Metaverse in Mixed Reality (MR), BY REGION, 2022-2030 (USD Million), TABLE 11. Jul 29 2021. Approach for Capturing Market Size by Top-Down Analysis 12.1. & Smart Technologies, Conferences & Emerging Applications In Areas Of Training & Strategic Planning: Metaverse and digital twin based strategic plannings related to warfare, defence strategies and tactics. Metaverse Market Size, Share & Trends Analysis Report By Product, By Platform, By Technology (Blockchain, Virtual Reality (VR) & Augmented Reality (AR), Mixed Reality (MR)), By Application, By End-use, By Region, And Segment Forecasts, 2023 - 2030 Report ID: GVR-4-68039-915-5 Number of Pages: 100 Format: Electronic (PDF) 2.2.2.3. With this information, stakeholders will be more capable of developing new strategies, which focus on market opportunities that will benefit them, making their business endeavors profitable in the process. 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