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Metaverse Market Size to Grow by $107.06 Billion by 2027, Asia Pacific Region to Lead - Report

The global metaverse market share is set to increase by $107.06 billion from 2023 to 2027, according to a report by leading global research firm Technavio Research.

The report, which draws its analysis from five regions including North America, Europe, APAC, South America, and the Middle East and Africa further projects the market’s Year-Over-Year growth rate to hit 20.59% during the forecast period. The Asia-Pacific, which is the fastest-growing region in the metaverse sector is expected to continue leading by 32% share in the global metaverse market in the next five years.

(By Newton Gitonga)

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