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HOW THE METAVERSE IS MAKING MONEY


METAVERSE

by Katharina Buchholz,  
Feb 17, 2023
Metaverse

Statista’s Advertising & Media Markets Insights estimates that worldwide
metaverse revenue will stand at $490 billion in 2030. This is a comparatively
conservative forecast. Other analyst companies assume a market volume of between
approximately 750 and 1,700 billion U.S. dollars.

For the Statista outlook, the term metaverse is defined as a virtual world or a
collection of virtual worlds that exist in a common digital space and that users
can access over the internet. Metaverses include applications of virtual
reality, augmented reality and other immersive technologies. The biggest revenue
drivers for metaverses are e-commerce and gaming. In addition, metaverses also
offer new opportunities for revenue creation in the segments of education,
entertainment, health and fitness and even telecommuting.

Metaverse e-commerce sales alone could grow to more than $200 billion by 2030
from currently just around $20 billion. Gaming is expected to grow even more,
from just around $10 billion as of now to around $163 billion in 2030. The next
biggest applications for metaverse revenue are health & fitness, workplace and
education. Statista’s Metaverse Market Report provides more information and data
on the subject.



Katharina Buchholz
Data Journalist
katharina.buchholz@statista.com






Description

This chart shows estimated revenue in the Metaverse market (in billion U.S.
dollars).

Report

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