Pune, India, November 1, 2022 (GLOBE NEWSWIRE) — The world metaverse market was worth US$63.83 billion in 2021. It is projected to rise from US$100.27 billion in 2022 to USD 1,527,550 million by 2029, exhibiting a CAGR of 47.6% over the forecast period, 2022-2029. Fortune Business Insights™ has published this information in its latest research report titled “Metaverse Market Size, Share and Industry Forecast, 2029”.

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According to the analysis, the growing penetration of online shopping and gaming will have a notable influence on business prospects. In particular, the rise of blockchain technology bodes well for…