Farmington, Jan. 26, 2023 (GLOBE NEWSWIRE) — the global metaverse market was valued at $51.69 billion in 2022 and is estimated to exceed $1.3 trillion by 2030 with a recorded CAGR of 44.5% over the forecast period 2023 to 2030. Focusing on how the digital and real worlds are getting closer, the fast growing trends of the virtual economy and crypto gaming, and the increasing popularity of online gaming are major things that are driving the growth of market revenue.

Metaverse is a place where the real world, Augmented Reality (AR) and Virtual Reality (VR) coexist. The metaverse works well thanks to important technologies such as Virtual Reality (VR), Augmented Reality (AR), Extended Reality (XR), which combines the real and virtual worlds, and…