Global Metaverse Market to Grow at a CAGR of 40.5% during Forecast Period
North America accounts for the largest revenue share owing to the customers and users in the region that are adopting the new and more complex technology. The growing number of start-ups focusing on establishing metaverse platforms for commercialization is another factor projected.
Asia Pacific region is expected to register a strong CAGR over the forecast period. A growing number of start-ups and organizations, such as The Sandbox (Hong Kong), Bolly Heroes (India), Axie Infinity (Singapore), NextMeet (India), GuildFi (Thailand), and miHoYo Co., Ltd. in China, are projected to drive market expansion in the Asia Pacific region. These metaverse platforms offer an immersive experience.
Source
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