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Metaverse in Gaming Market worth $119.2 billion by 2028, growi | NFT & Crypto Updates

Metaverse in Gaming Market worth $119.2 billion by 2028, growing at a CAGR of 39.3%: Report

The global Metaverse in Gaming Market size to grow from USD 22.7 billion in 2023 to USD 119.2 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 39.3% during the forecast period, according to a new report by MarketsandMarkets . The Metaverse in gaming Market is fuelled by rising demand for online gaming. The substantial global in-game Metaverse Gaming Market suggests many consumers are familiar and comfortable with making transactions in virtual worlds. Metaverse is a virtual world that technologically includes virtual reality working synchronizing in real-time scenario—characterized by persistent virtual worlds that continue to exist even when user is not involved—as well as augmented reality that combines aspects of the digital and physical worlds. However, it doesn't require that those spaces be exclusively accessed via VR or AR. The scope of the report covers the metaverse gaming market by component, hardware, software, game genre, and region. Among component, the market has been segmented into hardware, software and professional services. Major growth drivers for the Metaverse Gaming Market are availability of affordable hardware and use of MR devices in gaming.

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