Metaverse Market is now available on GlobalData Plc

LONDON, UK, Oct. 3, 2022 /EINPresswire.com/ — The global metaverse market size reached $22.79 billion in 2021, according to a new report from GlobalData Plc. Companies today are building metaverses around their core competencies as they look for new use cases to expand their offerings. For example, Microsoft’s Mesh builds on its competencies in cloud computing, artificial intelligence (AI), and augmented reality (AR). Similarly, Meta is focusing on AI and virtual reality (VR). In short, it is a convergence of various technology themes, and companies are adopting those that suit their capabilities and goals. In addition, companies from non-tech sectors are investing in this technology to…