The Metaverse in Entertainment Market was valued at $13.8 billion in 2021 and is expected to reach $221.7 billion by 2031, rising at a CAGR of 32.3% between 2022 and 2031. The metaverse is a simulated digital environment that blends augmented reality (AR), virtual reality (VR), blockchain, and social media concepts to build areas for …
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Metaverse in Entertainment Market to Generate $221.7 Billion by 2031, States the Report by Allied Market Research
A lead analyst at AMR highlighted that the metaverse in entertainment market across Asia-Pacific is anticipated to grow at the fastest CAGR during the forecast period. Allied Market Research published a research report on the metaverse in entertainment market. The findings of the report states that the global market for metaverse in entertainment generated $13.8 …