Acumen Research and Consulting has recently published a new metaverse report, modestly called “Metaverse Market-Global Industry Analysis, Opportunities, Market Size, and Forecast, 2022–2030.”Between 2022 and 2030, Metaverse is expected to grow at a rate of more than 45.8% per year, giving it a market cap of more than 1,803 billion US dollars.The Metaverse is a virtual community that allows users to engage with one another and participate in any social, professional, or recreational activities. It is still a developing concept, but its nature and opportunities are finally starting to take shape.This virtual space technology is expected to bring in more money by giving businesses a new way to promote their products and services and by letting them collect new kinds of data about how people use them. Such opportunities have already started to draw interest of large financial institutions and even <a href="https://nftandgamefi.com/2022/02/13/south-korean-wealth-fund-plans-to-pour-300-billion-into-metaverse-tech/" rel="noopener noreferrer nofollow">sovereign wealth funds</a>, that are currently <a href="https://nftandgamefi.com/2022/04/01/hsbc-metaverse-sandbox/" rel="noopener noreferrer nofollow">developing long term investment plans to enter the metaverse space</a>.Companies can’t expect big returns on this kind of business effort until they solve a lot of technological problems and think about how they will affect society.People often talk about Microsoft, Facebook (now called Meta), Roblox, and Nvidia as pioneers of the metaverse. These companies are known for their research and development in mixed reality, and they are currently trying to figure out how to make money off of head tracking and other user-generated data in the metaverse. Zuckerberg says that the metaverse will replace the mobile internet and change the way people work and interact.<h2 id="header-0">The rise of metaverse market share</h2>More than nine out of ten companies surveyed believe that the worldwide COVID-19 outbreak spurred technology development related to the metaverse.Opportunities abound on every level, from social to educational, and economic fields. Yet, after the initial pandemic lockdowns in 2020, most firms have operated on the basis of “will they or won’t they?” when it comes to returning to physical labor.To read full article please visit our site <a href="https://nftandgamefi.com/2022/05/28/metaverse-market-to-grow-over-2-billion/" rel="noopener noreferrer nofollow">here</a>.

Metaverse Market is expected to Reach $1,8 Billion by 2030

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