{"product_id":"metaverse-market-outlook-and-forecasts-2022-2030","title":"Metaverse Market Outlook and Forecasts 2022 – 2030","description":"\u003cp\u003eMetaverse Market Outlook and Forecasts 2022 – 2030\u003c\/p\u003e\n\n\u003cp\u003eThe Metaverse represents a concept that will fundamentally transform digital platforms and the Internet in general as part of an overall evolution towards an increasingly more semantic web. The concept of a metaverse is nothing new as its roots may be traced to various constructs such as the study of consciousness and its application to alternate realities as well as pop culture such as the 1992 science-fiction novel, Snow Crash.\u003c\/p\u003e\n\n\u003cp\u003eThe conceptual framework of a “metaverse” has gained momentum recently as Facebook, Inc. changed its name to Meta Platforms, Inc. and announced its intention to invest $10 billion to build a Metaverse environment. The platform will allow users to interact with friends, families, and colleagues through avatars of themselves within a digital reality.\u003c\/p\u003e\n\n\u003cp\u003eAccordingly, many technology companies are aligning their products, services and solutions to accommodate the evolving Metaverse. A sampling of these developments includes the following:\u003c\/p\u003e\n\n\u003cp\u003eNonvoice was formed as an agency to support development, aggregation and integration of applications and content for the global communication service provider ecosystem. The company focuses on 5G enabled solutions including NFTs, augmented and virtual reality.\u003c\/p\u003e\n\n\u003cp\u003eDecentraland raised $1.2 million with fungible tokens auctions and marketplace to boost up metaverse with Ethereum blockchain. Price Waterhouse Cooper Hong Kong purchased LAND in Sandbox for $10,000.\u003c\/p\u003e\n\n\u003cp\u003eGlobant acquired Navint to streamline end-to-end digital and cognitive transformations in 2021\u003c\/p\u003e\n\n\u003cp\u003eMagic Leap raised $500 million funding with a valuation of $2 billion in 2021 and focused on developing advanced AR solutions.\u003c\/p\u003e\n\n\u003cp\u003eThe Sandbox formed an alliance with the Warner Music Group to launch the first music themed world in the Sandbox metaverse and took initial steps to enter into the metaverse and NFT sector. They formed the alliance in January 2022.\u003c\/p\u003e\n\n\u003cp\u003eTencent Holdings formed a partnership with the Asian Institute of Digital Finance to collaborate in the areas of education, research, and entrepreneurship to boost up Asia’s fintech industry that will also contribute to Metaverse.\u003c\/p\u003e\n\n\u003cp\u003eEpic Games acquired Harmonix Music systems to develop musical adventures and gameplay for Fortnite. They will also continue supporting existing products such as Rock Band 4.\u003c\/p\u003e\n\n\u003cp\u003eIn 2021, Nvidia corporation formed a partnership with Blender and Adobe that will enable Nvidia Omniverse to reach millions more users. Omniverse is known as the world's first collaboration and simulation platform.\u003c\/p\u003e\n\n\u003cp\u003eIn this report, Mind Commerce assesses the Metaverse market opportunity for vendors and ancillary services providers including infrastructure, devices, software and supporting services. The report includes qualitative and quantitative analysis of the Metaverse market and its segments from 2022 to 2030.\u003c\/p\u003e\n\n\u003cp\u003eSelect Report Findings:\u003c\/p\u003e\n\n\u003cp\u003eOver one and a half billion people will be Metaverse users by 2030\u003c\/p\u003e \n\n\u003cp\u003eThe global Metaverse market will be valued at more than $1.5 trillion by 2030\u003c\/p\u003e \n\n\u003cp\u003eThe mixed reality technology segment will hold highest market share by 2030\u003c\/p\u003e \n\n\u003cp\u003eThe global Metaverse NFT market alone will be valued at $53.2 billion by 2030\u003c\/p\u003e\n\n\u003cp\u003eSoftware and SaaS will be the largest market opportunity segment through 2030\u003c\/p\u003e \n\n\u003cp\u003eDigital marketing and advertising applications will have the highest CAGR through 2030\u003c\/p\u003e\n\n\u003cp\u003eMedia and entertainment will experience the greatest market disruption and opportunities\u003c\/p\u003e  \n\n\u003cp\u003eMetaverse will be a global digital disruptor, likely to change virtually every facet of B2B and B2C solutions as well as fundamentally transforming the nature of many consumer-based goods and services\u003c\/p\u003e\n\n\u003cp\u003eCompanies in Report:\u003c\/p\u003e\n\n\u003cp\u003eActive Theory\u003c\/p\u003e\n\n\u003cp\u003eAdidas\u003c\/p\u003e\n\n\u003cp\u003eAlibaba Cloud\u003c\/p\u003e\n\n\u003cp\u003eApple Inc.\u003c\/p\u003e\n\n\u003cp\u003eAtari Inc.\u003c\/p\u003e\n\n\u003cp\u003eBaidu\u003c\/p\u003e\n\n\u003cp\u003eBinance\u003c\/p\u003e\n\n\u003cp\u003eBloktopia\u003c\/p\u003e\n\n\u003cp\u003eBolly Heroes\u003c\/p\u003e\n\n\u003cp\u003eByteDance Ltd.\u003c\/p\u003e\n\n\u003cp\u003eCope Studio\u003c\/p\u003e\n\n\u003cp\u003eCryptovoxels\u003c\/p\u003e\n\n\u003cp\u003eDecentraland\u003c\/p\u003e\n\n\u003cp\u003eEpic Games Inc.\u003c\/p\u003e\n\n\u003cp\u003eGap Inc\u003c\/p\u003e\n\n\u003cp\u003eGlobant\u003c\/p\u003e\n\n\u003cp\u003eGoMeta\u003c\/p\u003e\n\n\u003cp\u003eGoogle\u003c\/p\u003e\n\n\u003cp\u003eHoYoverse (miHoYo)\u003c\/p\u003e\n\n\u003cp\u003eHulu LLC\u003c\/p\u003e\n\n\u003cp\u003eHyperVerse\u003c\/p\u003e\n\n\u003cp\u003eLarva Labs (Yuga Labs)\u003c\/p\u003e\n\n\u003cp\u003eLeewayHertz\u003c\/p\u003e\n\n\u003cp\u003eLilith Games\u003c\/p\u003e\n\n\u003cp\u003eLOKA\u003c\/p\u003e\n\n\u003cp\u003eMagic Leap Inc.\u003c\/p\u003e\n\n\u003cp\u003eMeta Platforms Inc.\u003c\/p\u003e\n\n\u003cp\u003eMetahero\u003c\/p\u003e\n\n\u003cp\u003eMicrosoft Corporation\u003c\/p\u003e\n\n\u003cp\u003eNakamoto Games\u003c\/p\u003e\n\n\u003cp\u003eNetEase Inc.\u003c\/p\u003e\n\n\u003cp\u003eNetflix\u003c\/p\u003e\n\n\u003cp\u003eNextech AR Solution Corp.\u003c\/p\u003e\n\n\u003cp\u003eNextMeet\u003c\/p\u003e\n\n\u003cp\u003eNiantic\u003c\/p\u003e\n\n\u003cp\u003eNike Inc\u003c\/p\u003e\n\n\u003cp\u003eNvidia Corporation\u003c\/p\u003e\n\n\u003cp\u003eOneRare\u003c\/p\u003e\n\n\u003cp\u003eQueppelin\u003c\/p\u003e\n\n\u003cp\u003eRarible\u003c\/p\u003e\n\n\u003cp\u003eRoblox Corporation\u003c\/p\u003e\n\n\u003cp\u003eSky Mavis\u003c\/p\u003e\n\n\u003cp\u003eSomnium Space\u003c\/p\u003e\n\n\u003cp\u003eSony Corporation\u003c\/p\u003e\n\n\u003cp\u003eSorare\u003c\/p\u003e\n\n\u003cp\u003eStar Atlas\u003c\/p\u003e\n\n\u003cp\u003eTencent Holdings\u003c\/p\u003e\n\n\u003cp\u003eThe Sandbox\u003c\/p\u003e\n\n\u003cp\u003eUnity Technologies Inc.\u003c\/p\u003e\n\n\u003cp\u003eValve\u003c\/p\u003e\n\n\u003cp\u003eVerizon\u003c\/p\u003e\n\n\u003cp\u003eWalmart\u003c\/p\u003e\n\n\u003cp\u003eZippy\u003c\/p\u003e\n\n\u003cp\u003eZQGame\u003c\/p\u003e","brand":"Travel \u0026 Leisure","offers":[{"title":"June, 2022 \/ 219 Pages \/ MCW16193172","offer_id":47553874493746,"sku":null,"price":4200.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/metaverse-market-outlook-and-forecasts-2022-2030","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}