Analysts predicted the metaverse market to grow to $600 billion by 2030
Grand View Research estimates the average annual growth rate over the decade at 39,4%
10.03.2022 - 12:05
401
1 min
0
What’s new? Grand View Research, an analytical company, has published a report stating that the volume of the metaverse market will reach $678,8 billion by 2030. The cumulative average annual growth rate over the decade is projected to be 39,4%. The analysts believe that metaverses will become a major part of the entertainment industry in the future.
Graph of the market development
What is the rise in popularity of metaverses related to? Grand View Research has noted the growing demand for digital assets and the expanding possibilities of the B2B (business-to-business) and B2C (business-to-customer) business models as market drivers. The analysts expect virtual worlds to face major hacking attacks.
Many companies have already started investing and developing their projects in metaverses. Corporate giant Disney has announced plans to open a virtual theme park using augmented reality technologies. Fast-food chain McDonald’s will also launch digital restaurants.
Useful material?
Telegram 
Twitter 
Market
According to the founder of TRON, the leading US crypto exchange asked for several hundred million dollars for the listing of TRX
Nov 4, 2024
Incidents
The company conducted fictitious trading for six years to inflate the trading volume of tokens of several companies, receiving payment for these services
Nov 1, 2024
Market
1,5 million addresses have already left applications
Oct 31, 2024
Business
The company began investing in bitcoin in 2020, and since then, the value of its securities has risen by 1700%
Oct 30, 2024
Mining
The Deputy Energy Minister explained that in deficit regions, it is impossible to allocate large capacities for industry enterprises until 2030
Oct 30, 2024
Market
Customers will also be able to withdraw funds to bank accounts using cards
Oct 30, 2024
Cryptocurrency rates
-
Bitcoin
$68 650
BTC
-0.4%
-
Ethereum
$2 435.45
ETH
-1.6%
-
BNB Smart Chain
$570.25
BSC
-0.32%
-
Ripple
$0.508154
XRP
-0.59%
-
Dogecoin
$0.170716
DOGE
+7.39%
-
Cardano
$0.330491
ADA
-1.1%
-
Bitcoin Cash
$338.29
BCH
-0.58%
-
Polkadot
$3.83
DOT
+0.51%
-
Litecoin
$66.01
LTC
-1.58%
-
Stellar XLM
$0.092137
XLM
+0.3%