Metaverse digital assets to be worth 225 billion dollars by 2027
A new report on market opportunities in Metaverse platforms suggests digital asset marketplaces could be valued at 224.9 billion dollars by 2027. In the "Metaverse Market by Technologies, Platforms, Solutions and Applications in Industry Verticals 2022 - 2027" report by Research and Markets, blockchain solutions supporting the Metaverse could soar to 148.6 billion dollars in the next five years.
The report assesses the market opportunity for Metaverse vendors and ancillary services providers including infrastructure, devices, software, and supporting services from 2022 to 2027. At the interchange between physical and virtual worlds, the Metaverse is creating a new universe in which digital consumers and businesses engage in communications, applications, content, and commerce. The report states the dominant trend is for cyber-to-physical interchange as a means of enriching society.
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