Global Metaverse in E-commerce Market 2024-2028
Metaverse In E-commerce Market 2024-2028
The metaverse in E-commerce market is forecasted to grow by USD 193442.2 mn during 2023-2028, accelerating at a CAGR of 52.65% during the forecast period. The report on the metaverse in E-commerce market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing popularity of AR technology, growing E-commerce industry, and product discovery and personalization.
Technavio's metaverse in E-commerce market is segmented as below:
By Platform
By Technology
- AR and VR
- Blockchain
- Mixed reality
- Others
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the highly personalized digital experience as one of the prime reasons driving the metaverse in E-commerce market growth during the next few years. Also, growing smartphone penetration and use of 5G and growing marketing initiatives will lead to sizable demand in the market.
The report on the metaverse in E-commerce market covers the following areas:
- Metaverse in E-commerce market sizing
- Metaverse in E-commerce market forecast
- Metaverse in E-commerce market industry analysis
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading metaverse in E-commerce market vendors that include Adobe Inc., Alibaba Group Holding Ltd., Amazon.com Inc., Autodesk Inc., Block Inc., Dealskart Online Services Pvt. Ltd., Epic Games Inc., Globant SA, Kestone CL US Ltd., Magic Leap Inc., CoStar Group Inc., Meta Platforms Inc., Microsoft Corp., NVIDIA Corp., Queppelin, Roblox Corp., Salesforce Inc., SAP SE, Shopify Inc., and Unity Technologies Inc.. Also, the metaverse in E-commerce market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The companies presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.