A new report by technology research and advisory firm Technavio reveals an upward trend for the Metaverse within the next four years.
The report, titled “Metaverse Market in Finance by Component and Geography — Forecast and Analysis 2022–2026,” analyzed the metaverse from two viewpoints: software and hardware, and through its impact on various geographical regions.
According to the study, the Metaverse will hit a market share value of $50.37 billion by the year 2026. Metaverse growth was analyzed within the five timeframes between 2021–2026. Moreover, market growth momentum has acceleration projections of a CAGR of nearly 21%. This year alone, growth is projected at 20.11%.
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In terms of regional growth, 32% percent will come from the North American region, with Canada and the United States as