Metaverse
The metaverse market is expanding in tandem with the advancement of new-age technology. According to
Fortune Business Insights, the global metaverse market will grow at a CAGR of 47.6 percent, from
$100.27 billion in 2022 to $1,527.55 billion in 2029.
However, the primary driver for the fast-growing interest in the metaverse is because companies now
recognize that investing in the metaverse presents a more compelling form of creating business value
than investing in technology to increase efficiencies.