Metaverse E-Commerce To Become A $200 bn Industry By 2030
The metaverse ecommerce industry, still in its early stages, is expected to reach $200 billion by 2030, with a 580% growth rate in six years.
Amazon has integrated early metaverse technology into its Room Decorator marketplace, allowing consumers to preview products and brands before making a purchase.
Statista Market Insights predicts a 30% growth in the global metaverse ecommerce market this year, reaching over $30 billion.
By 2025, it is expected to reach $42 billion, with growth rates of 43% and 44% in 2026 and 2027, resulting in a market volume of $87.2 billion.
By 2030, the global metaverse ecommerce market is expected to reach $210 billion, with Asia being the largest market, with China reaching $58 billion.
The US market is expected to increase nearly seven times between 2024 and 2030, reaching $51.5 billion. By 2030, metaverse ecommerce is expected to reach 1.3 billion users, with user penetration increasing from 7.3% to 19.5%.
(With inputs from Shikha Singh)
You need to login in order to Like