Metaverse to See 44% CAGR Growth, Could Reach $30T by 2030: Report
- The metaverse market is to reach $800 billion by 2024, according to a recent report.
- The report reveals that the industry could see a compound annual growth rate of 44.1%.
- It also mentions that the metaverse could attain a potential market size of $8 trillion to $30 trillion by 2030.
Metaverse platform METAV.RS has revealed comprehensive statistics and insights into the Metaverse market for 2023. The report sheds light on the emerging technology’s rapid growth and transformative potential.
Citing industry analysts, the firm projected that by 2024, the Metaverse market will surge to $800 billion. This figure would imply over 1,600% growth from the current market estimate of $47 billion.
Moreover, the data suggested that the Metaverse will see a compound annual growth rate (CAGR) of 44.1%. It also claimed the Metaverse is poised for astronomical expansion within the next decades. It particularly mentioned a projected market size ranging from $8 trillion to $30 trillion by 2030.
Furthermore, the report cited that users are increasingly willing to invest in the Metaverse experience. It noted that users worldwide spend $54 billion annually on virtual product…
The post Metaverse to See 44% CAGR Growth, Could Reach $30T by 2030: Report appeared first on Coin Edition.
Metaverse to See 44% CAGR Growth, Could Reach $30T by 2030: Report
- The metaverse market is to reach $800 billion by 2024, according to a recent report.
- The report reveals that the industry could see a compound annual growth rate of 44.1%.
- It also mentions that the metaverse could attain a potential market size of $8 trillion to $30 trillion by 2030.
Metaverse platform METAV.RS has revealed comprehensive statistics and insights into the Metaverse market for 2023. The report sheds light on the emerging technology’s rapid growth and transformative potential.
Citing industry analysts, the firm projected that by 2024, the Metaverse market will surge to $800 billion. This figure would imply over 1,600% growth from the current market estimate of $47 billion.
Moreover, the data suggested that the Metaverse will see a compound annual growth rate (CAGR) of 44.1%. It also claimed the Metaverse is poised for astronomical expansion within the next decades. It particularly mentioned a projected market size ranging from $8 trillion to $30 trillion by 2030.
Furthermore, the report cited that users are increasingly willing to invest in the Metaverse experience. It noted that users worldwide spend $54 billion annually on virtual product…
The post Metaverse to See 44% CAGR Growth, Could Reach $30T by 2030: Report appeared first on Coin Edition.