The metaverse market is expected to grow to US$ 525 billion by 2027 from US$ 65 billion in 2022, at a CAGR of 52% during 2022-27.
The manufacturing world is constantly changing, with continuous technological advancements (such as IIoT, 3D printing, cloud computing, AR/VR, etc.) coming their way.
The Metaverse is slowly transforming the retail and consumer industry's business models by combining physical and digital stores and campaigns.
The global sports economy is looking for different avenues and now turning towards metaverse to cover its loss due to COVID. The NFT Metaverses are gaining popularity in many sectors globally.