Statista’s archyde news & Media Markets Insights estimates that worldwide metaverse revenue will stand at $490 billion in 2030, as reported by CNBC.
This forecast is relatively conservative, as other analysis firms assume a market size of roughly $750-$1,700 billion.
The term metaverse is defined as a virtual world or a group of virtual worlds that exist in a shared digital space and that users can access over the Internet.
Metaverse includes virtual reality applications, augmented reality and other technologies, and the largest revenue streams for metaverse are e-commerce and games.
In addition, Metaverse also provides new opportunities to increase revenue in the sectors of education, entertainment, health and fitness, and even remote work.
