Metaverse in Entertainment Market 2026, Rising Consumer Spending Across Virtual Concerts, Events, And Others to Boost Growth

NEW YORK, Sept. 27, 2022 /PRNewswire/ — The Metaverse in Entertainment Market size is expected to grow by USD 28.92 billion during 2021- 2026, at a CAGR of 8.55% during the forecast period, according to Technavio. The market is concentrated, and the degree of concentration will accelerate during the forecast period. Aomen City, Epic Games Inc., Hungama Digital Media Entertainment Pvt. Ltd., Meta Platforms Inc., Niantic Inc., OverActive Media Corp., Qualcomm Inc., Queppelin, Roblox Corp, Tencent Holdings Ltd., and Tetavi Ltd. are some of the major market participants.

The rising consumer spending across virtual concerts, events, and others, the emergence of VR gaming on metaverse, improved experience of 3D and 4D cinemas will offer immense growth opportunities.

However, privacy and security concerns over the metaverse, legal challenges associated with the rights of digital collectibles, and the high cost of AR and VR devices will challenge the growth of the market participants. Request Free Sample Report.

To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Metaverse in Entertainment Market Segmentation

Metaverse in Entertainment Market Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our metaverse in entertainment market report covers the following areas:

• Metaverse in Entertainment Market size

• Metaverse in Entertainment Market trends

• Metaverse in Entertainment Market industry analysis

This study identifies the rising consumer adoption of online gaming as one of the prime reasons driving the metaverse in the entertainment market growth during the next few years. Buy Sample Report.

Metaverse in Entertainment Market Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Metaverse in Entertainment Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research reports on the Metaverse in Entertainment Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Story continues

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Download Free Sample Report.

Metaverse in Entertainment Market Key Highlights

• CAGR of the market during the forecast period

• Detailed information on factors that will assist metaverse in entertainment market growth during the next five years

• Estimation of the metaverse in entertainment market size and its contribution to the parent market

• Predictions on upcoming trends and changes in consumer behavior

• The growth of the metaverse in the entertainment market

• Analysis of the market’s competitive landscape and detailed information on vendors

• Comprehensive details of factors that will challenge the growth of metaverse in entertainment market vendors

Related Reports:
Mobile Phone Accessories Market by Product and Geography – Forecast and Analysis 2022-2026

Enterprise AI Market by End-user, Deployment, and Geography – Forecast and Analysis 2022-2026

Table Of Contents :

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by End-user

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

• demand for infrastructure-as-a-service (IaaS): The ongoing migration from on-premise infrastructure to cloud-based services is having an impact on the revenues of original equipment manufacturers (OEMs) of servers, albeit the adverse impact on them is slightly milder than the effect on storage equipment. The emergence of IaaS has had a strong impact on the IT hardware market. The biggest advantage of IaaS is that it allows enterprises to scale operations or introduce innovations in the workflow without the need to make substantial investments in storage and servers for the traditional on-premise hardware environment. At the same time, cloud-focused infrastructure spending is expected to increase in terms of server, disk storage, and networking hardware.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/metaverse-in-entertainment-market-2026-rising-consumer-spending-across-virtual-concerts-events-and-others-to-boost-growth—technavio-301634047.html

SOURCE Technavio