A study by Technavio, a market research firm, has forecast that the area of ​​the metaverse dedicated to entertainment, including virtual concerts, video games and movies, will grow to $28.92 billion in value from 2021 to 2026. The report states that 33% of this growth will originate in the US markets, due to the intersection of game and movie companies.

Entertainment metaverse to grow, driven by consumer adoption

The metaverse and its future adoption continue to be a topic of active research by market forecasting companies. A report issued on November 11 by Technavio, a market research firm, has determined that the market size for entertainment-related metaverse initiatives will grow to $28.92 billion in the period from 2021 to 2026.

The report identified two key…