Global Metaverse Infrastructure Market

Metaverse Infrastructure Market Size, Share, Growth Analysis, By Technology(Blockchain, Virtual Reality (VR) & Augmented Reality (AR)), By Application(Gaming, Online Shopping), By Components(Hardware and Software), By Platform(Desktop and Mobile), By Offering(Virtual Platforms, Asset Marketplace), By End-use(Fashion, Media & Entertainment) - Industry Forecast 2024-2031


Report ID: SQMIG45D2086 | Region: Global | Published Date: February, 2024
Pages: 248 | Tables: 173 | Figures: 79

Metaverse Infrastructure Market Insights

Metaverse Infrastructure Market size was valued at USD 41.98 billion in 2019 and is poised to grow from USD 61.8 billion in 2023 to USD 2005.03 billion by 2031, growing at a CAGR of 47.2% in the forecast period (2024-2031).

Metaverse refers to a deeply immersive 3D virtual world experience gained by the employment of a combination of AR, VR, and MR technologies. By creating a virtual world where users may play immersive games, conduct business, interact socially, buy and sell virtual properties, and enjoy immersive entertainment, the metaverse platform enhances the internet experience. The key aspect that drives the growth of the global Metaverse Infrastructure Market is the growth and acceptance of metaverse among the people. A growing interest of people in using the Internet to connect the virtual and real worlds, the emergence of COVID-19, along with the popularity of mixed reality (MR), augmented reality (AR), and virtual reality (VR) further aided the growth of the global metaverse infrastructure market.

US Metaverse Infrastructure Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2024-2031

Global Market Size

USD 41.98 billion

Largest Segment

AR & VR

Fastest Growth

AR & VR

Growth Rate

47.2% CAGR

Global Metaverse Infrastructure Market 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
Global Metaverse Infrastructure Market Size by Technology 2021-2028 ($ Mn)
Global Metaverse Infrastructure Market Size by Technology 2021-2028 (%)

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Metaverse Infrastructure Market Segmental Analysis

Global Metaverse Infrastructure market is segmented based on technology, Component, platform, offering, end use, region, and application. Based on components, the Metaverse Infrastructure Market is segmented into hardware and software. Based on platform, the Metaverse Infrastructure Market is segmented into desktop and mobile. Based on offering, the Metaverse Infrastructure Market is segmented into virtual platforms, asset marketplace, avatars, and financial services. Based on end use, the Metaverse Infrastructure Market is segmented into fashion, media & entertainment, education, aerospace & defense, and others. Based on the technology, the Metaverse Infrastructure Market is segmented into Blockchain, Virtual Reality (VR) & Augmented Reality (AR), Mixed Reality (MR), and Others. The other segment includes artificial intelligence (AI), IoT, 3D reconstruction, brain-computer interface, machine learning, and 5G. Based on the application, the Metaverse Infrastructure Market is segmented into Gaming, Online Shopping, Content Creation, Social Media, and Others. Based on the region it is categorized into North America, Europe, Asia-Pacific, South America, and MEA.

Metaverse Infrastructure Market Analysis by Technology

The Virtual Reality (VR) & Augmented Reality (AR) segment of the market is projected to hold the most significant share in the global metaverse infrastructure market. While, on the other hand, the Mixed Reality (MR) segment is anticipated to grow at the fastest rate in the upcoming years. This is accredited to the growing use of MR to engage more proficiently in the metaverse. Mixed reality allows people to engage with the metaverse directly in a physical space. To interact with the metaverse, users don't need a virtual reality headset. Users might simply utilize a keyboard to communicate with the metaverse, regardless of their level of involvement. In order to improve the gaming experience and make games more realistic, AR and VR technology are being used in the gaming industry. However, in the upcoming years, it is anticipated that the demand for VR and AR gadgets would significantly increase. As a result, it is anticipated that the segment will have a substantial impact on the Metaverse Infrastructure market. The expanding gaming industry is predicted to increase demand for VR and AR technology.

Global Metaverse Infrastructure Market By Technology, 2021 (%), 2023 (%)

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Metaverse Infrastructure Market Regional Insights

In 2021, North America is expected to have the biggest Metaverse Infrastructure Market share of more than 42.0% in the market. The regional growth of the market is attributed to the presence of numerous players operating in the Metaverse Infrastructure Market in the North American region. Players such as Google Inc. (US), Microsoft Corp. (US), Meta Platforms Inc. (US), Oculus VR (US), Magic Leap Inc. (US), and Vuzix (US) among others are significantly aiding the growth of the Metaverse Infrastructure Market by bringing the metaverse concept to the people. Consumer’s positive outlook and wide acceptance of technology is another major aspect that contributes to the growth of the market.

Further, the rising number of start-ups focusing on the creation of metaverse platforms for commercialization; significant concentration of gaming and metaverse companies like The Sandbox, Nvidia Corporation, and Epic Games, Inc., focusing to merge metaverse into games; are some other aspects that contribute to the global metaverse infrastructure market growth in the region. Furthermore, the Asia Pacific region is also likely to register significant growth in the market in the upcoming years. This is due to the increasing number of startups in the region along with the implementation of advanced technology such as 5G in economies such as China, India, and others.

Global Metaverse Infrastructure Market By Geography, 2021 - 2028, 2024-2031
  • Largest
  • Fastest

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Metaverse Infrastructure Market Dynamics

Metaverse Infrastructure Market Driver

  • The growing demand for metaverse is the soul aspect that drives the growth of the global metaverse infrastructure market. There has been a significant demand for the metaverse for purchasing digital assets using cryptocurrencies. These currencies are accustomed to paying for everything, including NFTs, virtual homes, and avatar shoes. The physical and digital worlds are linked via cryptocurrencies. They enable us to determine the value of digital assets in terms of the money issued by the government as well as the growth of such assets over time. Cryptocurrency purchases through the metaverse are becoming more popular all across the world; which positively influences the Metaverse Infrastructure Market growth.

Metaverse Infrastructure Market Restraint

  • The threat of cyberattacks and higher installation prices are some of the major challenges in the market. For instance, deployment of 5G from 4G requires massive investments which might put a delay in implementation and acts as a challenge in the market. For deployment of such advanced technology, the needed throughput density, periodic interest rate, and base station pricing are all influenced. For effective and ultra-dense small cell deployments, these expenses must be reduced. Thus, this might delay the Metaverse Infrastructure Market growth.

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Metaverse Infrastructure Market Competitive Landscape

The prominent players operating in the Metaverse Infrastructure Market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key Metaverse Infrastructure Market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions.

Metaverse Infrastructure Market Top Players Company Profiles

  • Microsoft Corporation
  • Amazon Web Services, Inc.
  • NVIDIA Corporation
  • Intel Corporation
  • Advanced Micro Devices, Inc.
  • Qualcomm Incorporated
  • Huawei Technologies Co., Ltd.
  • IBM Corporation
  • Google LLC
  • Tencent Cloud
  • Unity Technologies
  • Alibaba Cloud
  • Oracle Corporation
  • HPE
  • Dell Technologies Inc.
  • Supermicro
  • Inspur
  • Lenovo Group Limited
  • Cisco Systems, Inc.
  • Fujitsu Limited

Metaverse Infrastructure Market Recent Developments

  • In April 2022, Meta announced the launch of Horizon Worlds' social metaverse platform, which is currently available only on the company’s Quest VR headsets.
  • In April 2022, Game of Silks (Silks), has successfully secured $2 million in funding. Silks is a derivative play-to-earn (P2E) metaverse featuring derivative NFT. This fresh capital injection comes just weeks ahead of the Kentucky Derby and the upcoming launch of Silk’s first NFT collection. Tropical Racing Inc., a premier thoroughbred horse breeding and racing company are among the many companies offering strategic and financial support to the Silks project.

Metaverse Infrastructure Key Market Trends

  • The expansion of the Metaverse Infrastructure market is primarily aided by the growing acceptance of AR, VR, and MR among users. One of the metaverse's great prospects is that it will greatly expand the consumers' access to the Metaverse Infrastructure Market in emerging and frontier economies. Access to previously inaccessible goods and services has already been made possible through the internet. For instance, workers from developing nations may now be able to work in western firms without moving. Virtual reality environments are a cheap and efficient way to learn, therefore they will assist improve educational possibilities.

Metaverse Infrastructure Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

According to our Global Metaverse Infrastructure Market analysis, based on the technology, the Virtual Reality (VR) & Augmented Reality (AR) segments are likely to dominate the market. This is attributed to increased acceptance of AR and VR along with an increase in internet accessibility across the globe. Based on the application, the gaming segment is projected to dominate the Metaverse Infrastructure Market. This is attributed to an increasing craze of people towards gaming and acceptance of advanced technology in order to gain an enhanced experience.

Report Metric Details
Market size value in 2023 USD 41.98 billion
Market size value in 2031 USD 2005.03 billion
Growth Rate 47.2%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Technology
    • Blockchain, Virtual Reality (VR) & Augmented Reality (AR), Mixed Reality (MR), Others
  • Application
    • Gaming, Online Shopping, Content Creation, Social Media, Others
  • Components
    • Hardware and Software
  • Platform
    • Desktop and Mobile
  • Offering
    • Virtual Platforms, Asset Marketplace, Avatars, Financial Services
  • End-use
    • Fashion, Media & Entertainment, Education, Aerospace & Defense, others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Microsoft Corporation
  • Amazon Web Services, Inc.
  • NVIDIA Corporation
  • Intel Corporation
  • Advanced Micro Devices, Inc.
  • Qualcomm Incorporated
  • Huawei Technologies Co., Ltd.
  • IBM Corporation
  • Google LLC
  • Tencent Cloud
  • Unity Technologies
  • Alibaba Cloud
  • Oracle Corporation
  • HPE
  • Dell Technologies Inc.
  • Supermicro
  • Inspur
  • Lenovo Group Limited
  • Cisco Systems, Inc.
  • Fujitsu Limited
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

Historical Year 2019

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Metaverse Infrastructure Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Metaverse Infrastructure Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Metaverse Infrastructure Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Metaverse Infrastructure Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Metaverse Infrastructure Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Metaverse Infrastructure Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Metaverse Infrastructure Market size was valued at USD 41.98 billion in 2019 and is poised to grow from USD 61.8 billion in 2023 to USD 2005.03 billion by 2031, growing at a CAGR of 47.2% in the forecast period (2024-2031).

The prominent players operating in the Metaverse Infrastructure Market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key Metaverse Infrastructure Market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions. 'Microsoft Corporation', 'Amazon Web Services, Inc.', 'NVIDIA Corporation', 'Intel Corporation', 'Advanced Micro Devices, Inc.', 'Qualcomm Incorporated', 'Huawei Technologies Co., Ltd.', 'IBM Corporation', 'Google LLC', 'Tencent Cloud', 'Unity Technologies', 'Alibaba Cloud', 'Oracle Corporation', 'HPE', 'Dell Technologies Inc.', 'Supermicro', 'Inspur', 'Lenovo Group Limited', 'Cisco Systems, Inc.', 'Fujitsu Limited'

The growing demand for metaverse is the soul aspect that drives the growth of the metaverse infrastructure market. There has been a significant demand for the metaverse for purchasing digital assets using cryptocurrencies. These currencies are accustomed to paying for everything, including NFTs, virtual homes, and avatar shoes. The physical and digital worlds are linked via cryptocurrencies. They enable us to determine the value of digital assets in terms of the money issued by the government as well as the growth of such assets over time. Cryptocurrency purchases through the metaverse are becoming more popular all across the world; which positively influences the Metaverse Infrastructure Market growth.

The expansion of the Metaverse Infrastructure market is primarily aided by the growing acceptance of AR, VR, and MR among users. One of the metaverse's great prospects is that it will greatly expand the consumers' access to the Metaverse Infrastructure Market in emerging and frontier economies. Access to previously inaccessible goods and services has already been made possible through the internet. For instance, workers from developing nations may now be able to work in western firms without moving. Virtual reality environments are a cheap and efficient way to learn, therefore they will assist improve educational possibilities.

In 2021, North America is expected to have the biggest Metaverse Infrastructure Market share of more than 42.0% in the market. The regional growth of the market is attributed to the presence of numerous players operating in the Metaverse Infrastructure Market in the North American region. Players such as Google Inc. (US), Microsoft Corp. (US), Meta Platforms Inc. (US), Oculus VR (US), Magic Leap Inc. (US), and Vuzix (US) among others are significantly aiding the growth of the Metaverse Infrastructure Market by bringing the metaverse concept to the people. Consumer’s positive outlook and wide acceptance of technology is another major aspect that contributes to the growth of the market.

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