Source: news.google.com
NEW YORK, November 14, 2022 /PRNewswire/ — The global metaverse in the fashion market The size is expected to increase in $6.61 billion from 2021 to 2026. Furthermore, the market growth momentum will accelerate to a CAGR of 36.47% during the forecast period. The increasing number of fashion brands entering the metaverse platform, the increasing popularity of virtual tokens and NFTs, and the growing importance of AR and VR are some of the major factors driving the growth of the market. However, factors such as privacy and security concerns about the metaverse, legal and regulatory challenges associated with the metaverse, and limited adult consumer market penetration. Technavio provides a complete summary of the report outlining the market size and forecast along with the research methodology. See FREE…
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