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Metaverse Market to be Dominated by Blockchain Technology through 2027

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Rise in investment in metaverse real-estate market and growing adoption of metaverse for advertising are driving the growth of global metaverse market in the forecast period, 2023-2027. According to TechSci Research report,  “ Metaverse Market  - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 ” , the global metaverse market is anticipated to witness a growth of robust CAGR in the forecast period, 2023-2027. The growing adoption of online sales channels for dating, education, gaming, workplace, entertainment, news, networking, and other purposes is driving the demand for innovative technologies and solutions to enhance the user experience and provide access to better opportunities. Increased consumers in NFTs, blockchain, augmented and virtual reality, and the rise in demand for new digital commodities are playing significant roles in the development of the global metaverse market. The extended reality in the convergence of artificial intelligence, clo...