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Metaverse in E-commerce Market Size, Share & Trends Analysis Report by Platform (Desktop, Mobile/Tablets, AR/VR Headset), Technology, Application, Region, and Segment Forecasts, 2024-2030

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    Report

  • 125 Pages
  • January 2024
  • Region: Global
  • Grand View Research
  • ID: 5936572
Description Jump to:
The global metaverse in the e-commerce market is anticipated to reach USD 106.13 billion by 2030 and it is projected to grow at a CAGR of 40% from 2024 to 2030. The integration of artificial intelligence (AI) and machine learning (ML) technologies drives the metaverse in e-commerce. AI-powered virtual assistants and chatbots within the metaverse enhance the customer service experience, providing personalized recommendations and guiding users through their virtual shopping. The use of AI in the metaverse contributes to the overall efficiency of e-commerce interactions, streamlining processes and improving user satisfaction.

The trend toward social commerce also drives the metaverse in e-commerce. With the integration of social features in virtual environments, users can share their shopping experiences and recommendations and even make joint purchasing decisions in real-time. Social interactions within the metaverse amplify the communal aspects of shopping, transforming it into a shared and collaborative experience. This social dimension enhances user engagement, drives brand awareness, and cultivates a sense of community among online shoppers.

The drive for enhanced digital inclusion and accessibility drives the integration of the metaverse into the e-commerce market. The metaverse breaks down barriers and creates a more inclusive online shopping environment. By offering diverse and customizable experiences within virtual spaces, businesses can cater to a broader audience, including individuals with varying abilities or those facing geographical constraints. This emphasis on inclusivity aligns with the broader trend toward creating accessible and user-friendly digital experiences, ensuring that the benefits of the metaverse are accessible to a diverse global population.

Metaverse In E-commerce Market Report Highlights

  • Based on platform, AR/ VR headset segment led the market in 2023 with a largest revenue share of 41.8%. The affordability and increasing availability of AR/VR headsets drive the metaverse's integration into e-commerce. As the cost of AR/VR hardware decreases and more manufacturers enter the market, these headsets become more accessible to a broader range of consumers.
  • Based on technology, Virtual reality (VR) & augmented reality (AR) segment led the market in 2023 with a largest revenue share of 35.8%. The demand for personalized and interactive product exploration is adrives VR and AR segment growth. These technologies enable businesses to offer users personalized virtual storefronts where they can explore products in detail and customize their virtual shopping.
  • Based on application, Virtual events segment led the market in 2023 with the largest market share of 77.4%. The global reach and accessibility drive the virtual events segment growth. As virtual events within the metaverse can be attended from anywhere with an internet connection, businesses can extend their reach to a global audience.
  • North America led the market in 2023 with the largest share of 33.1% in global revenue. In North America, the adoption of the metaverse in e-commerce is fueled by the region's tech-savvy consumer base and the continuous evolution of digital platforms. Companies are strategically investing in metaverse technologies to create virtual storefronts, enabling customers to explore products in a three-dimensional space and even try them virtually before making a purchase.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Metaverse in E-Commerce Market Variables, Trends, & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Industry Value Chain Analysis
3.4. Market Dynamics
3.4.1. Market driver analysis
3.4.1.1. Growing prevalence of decentralized e-commerce platforms
3.4.1.2. Increase in integration of decentralized finance (DeFi) and blockchain
3.4.2. Market restraints analysis
3.4.2.1. Growing concerns about security and the potential for fraud, hacking, and unauthorized access to virtual assets
3.4.2.2. Lack of industry standards and interoperability between different metaverse platforms
3.4.3. Industry opportunities
3.4.4. Industry challenges
3.5. Metaverse in E-Commerce Market Analysis Tools
3.5.1. Porter’s Analysis
3.5.1.1. Bargaining power of the suppliers
3.5.1.2. Bargaining power of the buyers
3.5.1.3. Threats of substitution
3.5.1.4. Threats from new entrants
3.5.1.5. Competitive rivalry
3.5.2. PESTEL Analysis
3.5.2.1. Political landscape
3.5.2.2. Economic and social landscape
3.5.2.3. Technological landscape
3.5.2.4. Environmental landscape
3.5.2.5. Legal landscape
Chapter 4. Metaverse in E-Commerce Market: Platform Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Metaverse in E-Commerce Market: Platform Movement Analysis, 2023 & 2030 (USD Million)
4.3. Desktop
4.3.1. Desktop market revenue estimates and forecasts, 2018-2030 (USD Million)
4.4. Mobile/Tablets
4.4.1. Mobile/tablets market revenue estimates and forecasts, 2018-2030 (USD Million)
4.5. AR/VR Headset
4.5.1. AR/VR headset market revenue estimates and forecasts, 2018-2030 (USD Million)
Chapter 5. Metaverse in E-Commerce Market: Technology Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Metaverse in E-Commerce Market: Technology Movement Analysis, 2023 & 2030 (USD Million)
5.3. Blockchain
5.3.1. Blockchain market revenue estimates and forecasts, 2018-2030 (USD Million)
5.4. Virtual Reality (VR) & Augmented Reality (AR)
5.4.1. Virtual reality (VR) & augmented reality (AR) market revenue estimates and forecasts, 2018-2030 (USD Million)
5.5. Edge Computing
5.5.1. Edge computing market revenue estimates and forecasts, 2018-2030 (USD Million)
5.6. Others
5.6.1. Others market revenue estimates and forecasts, 2018-2030 (USD Million)
Chapter 6. Metaverse in E-Commerce Market: Application Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Metaverse in E-Commerce Market: Application Movement Analysis, 2023 & 2030 (USD Million)
6.3. Virtual Stores
6.3.1. Virtual stores market revenue estimates and forecasts, 2018-2030 (USD Million)
6.4. Virtual Events
6.4.1. Virtual events market revenue estimates and forecasts, 2018-2030 (USD Million)
Chapter 7. Metaverse in E-Commerce Market: Regional Estimates & Trend Analysis
7.1. Metaverse in E-Commerce Market Share, by Region, 2023 & 2030, USD Million
7.2. North America
7.2.1. North America metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.2.2. U.S.
7.2.2.1. U.S. metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.2.3. Canada
7.2.3.1. Canada metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.3. Europe
7.3.1. Europe metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.3.2. UK
7.3.2.1. UK metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.3.3. Germany
7.3.3.1. Germany metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.3.4. France
7.3.4.1. France metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.3.5. Italy
7.3.5.1. Italy metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.3.6. Spain
7.3.6.1. Spain metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.3.7. Netherlands
7.3.7.1. Netherlands metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.4. Asia-Pacific
7.4.1. Asia-Pacific metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.4.2. China
7.4.2.1. China metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.4.3. Japan
7.4.3.1. Japan metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.4.4. India
7.4.4.1. India metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.4.5. South Korea
7.4.5.1. South Korea metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.4.6. Australia
7.4.6.1. Australia metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.5. Latin America
7.5.1. Latin America metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.5.2. Brazil
7.5.2.1. Brazil metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.5.3. Mexico
7.5.3.1. Mexico metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.5.4. Argentina
7.5.4.1. Argentina metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.6. Middle East and Africa
7.6.1. Middle East and Africa metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.6.2. Saudi Arabia
7.6.2.1. Saudi Arabia metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.6.3. UAE
7.6.3.1. UAE metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
7.6.4. South Africa
7.6.4.1. South Africa metaverse in e-commerce market estimates and forecasts, 2018-2030 (USD Million)
Chapter 8. Competitive Landscape
8.1. Recent Developments & Impact Analysis by Key Market Participants
8.2. Company Categorization
8.3. Company Market Positioning
8.4. Company Market Share Analysis
8.5. Company Heat Map Analysis
8.6. Strategy Mapping
8.6.1. Expansion
8.6.2. Mergers & Acquisition
8.6.3. Partnerships & Collaborations
8.6.4. New Product Launches
8.6.5. Research And Development
8.7. Company Profiles
8.7.1. Alibaba Group
8.7.1.1. Participant’s Overview
8.7.1.2. Financial Performance
8.7.1.3. Product Benchmarking
8.7.1.4. Recent Developments/ Strategic Initiatives
8.7.2. Meta Platform, Inc.
8.7.2.1. Participant’s Overview
8.7.2.2. Financial Performance
8.7.2.3. Product Benchmarking
8.7.2.4. Recent Developments/ Strategic Initiatives
8.7.3. Tencent Holdings Ltd.
8.7.3.1. Participant’s Overview
8.7.3.2. Financial Performance
8.7.3.3. Product Benchmarking
8.7.3.4. Recent Developments/ Strategic Initiatives
8.7.4. Nvidia Corporation
8.7.4.1. Participant’s Overview
8.7.4.2. Financial Performance
8.7.4.3. Product Benchmarking
8.7.4.4. Recent Developments/ Strategic Initiatives
8.7.5. Microsoft Corporation
8.7.5.1. Participant’s Overview
8.7.5.2. Financial Performance
8.7.5.3. Product Benchmarking
8.7.5.4. Recent Developments/ Strategic Initiatives
8.7.6. Epic Games, Inc.
8.7.6.1. Participant’s Overview
8.7.6.2. Product Benchmarking
8.7.6.3. Recent Developments/ Strategic Initiatives
8.7.7. Roblox Corporation
8.7.7.1. Participant’s Overview
8.7.7.2. Product Benchmarking
8.7.7.3. Recent Developments/ Strategic Initiatives
8.7.8. Unity Technologies, Inc.
8.7.8.1. Participant’s Overview
8.7.8.2. Product Benchmarking
8.7.8.3. Recent Developments/ Strategic Initiatives
8.7.9. Nextech AR Solutions Corp.
8.7.9.1. Participant’s Overview
8.7.9.2. Product Benchmarking
8.7.9.3. Recent Developments/ Strategic Initiatives
8.7.10. The Sandbox
8.7.10.1. Participant’s Overview
8.7.10.2. Product Benchmarking
8.7.10.3. Recent Developments/ Strategic Initiatives
8.7.11. Decentraland
8.7.11.1. Participant’s Overview
8.7.11.2. Product Benchmarking
8.7.11.3. Recent Developments/ Strategic Initiatives
8.7.12. Antier Solutions Pvt. Ltd.
8.7.12.1. Participant’s Overview
8.7.12.2. Product Benchmarking
8.7.12.3. Recent Developments/ Strategic Initiatives
8.7.13. Innowise Group
8.7.13.1. Participant’s Overview
8.7.13.2. Product Benchmarking
8.7.13.3. Recent Developments/ Strategic Initiatives
8.7.14. Aetsoft Inc.
8.7.14.1. Participant’s Overview
8.7.14.2. Product Benchmarking
8.7.14.3. Recent Developments/ Strategic Initiatives
List of Tables
Table 1 List of abbreviation
Table 2 Metaverse in e-commerce market 2018-2030 (USD Million)
Table 3 Global market estimates and forecasts by region, 2018-2030 (USD Million)
Table 4 Global market estimates and forecasts by platform, 2018-2030 (USD Million)
Table 5 Global market estimates and forecasts by technology, 2018-2030 (USD Million)
Table 6 Global market estimates and forecasts by application, 2018-2030 (USD Million)
Table 7 North America metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 8 North America metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 9 North America metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 10 North America metaverse in e-commerce market by region, 2018-2030 (USD Million)
Table 11 U.S. metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 12 U.S. metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 13 U.S. metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 14 Canada metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 15 Canada metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 16 Canada metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 17 Europe metaverse in e-commerce market by platfrom, 2018-2030 (USD Million)
Table 18 Europe metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 19 Europe metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 20 Europe metaverse in e-commerce market by region, 2018-2030 (USD Million)
Table 21 Germany metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 22 Germany metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 23 Germany metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 24 UK metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 25 UK metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 26 UK metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 27 France metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 28 France metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 29 France metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 30 Italy metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 31 Italy metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 32 Italy metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 33 Spain metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 34 Spain metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 35 Spain metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 36 Netherlands metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 37 Netherlands metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 38 Netherlands metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 39 Asia-Pacific metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 40 Asia-Pacific metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 41 Asia-Pacific metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 42 Asia-Pacific metaverse in e-commerce market by region, 2018-2030 (USD Million)
Table 43 China metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 44 China metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 45 China metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 46 Japan metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 47 Japan metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 48 Japan metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 49 India metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 50 India metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 51 India metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 52 South Korea metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 53 South Korea metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 54 South Korea metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 55 Australia metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 56 Australia metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 57 Australia metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 58 Latin America metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 59 Latin America metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 60 Latin America metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 61 Latin America metaverse in e-commerce market by region, 2018-2030 (USD Million)
Table 62 Brazil metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 63 Brazil metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 64 Brazil metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 65 Mexico metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 66 Mexico metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 67 Mexico metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 68 Argentina metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 69 Argentina metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 70 Argentina metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 71 Middle East & Africa metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 72 Middle East & Africa metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 73 Middle East & Africa metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 74 Middle East & Africa metaverse in e-commerce market by region, 2018-2030 (USD Million)
Table 75 Saudi Arabia metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 76 Saudi Arabia metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 77 Saudi Arabia metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 78 UAE metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 79 UAE metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 80 UAE metaverse in e-commerce market by application, 2018-2030 (USD Million)
Table 81 South Africa metaverse in e-commerce market by platform, 2018-2030 (USD Million)
Table 82 South Africa metaverse in e-commerce market by technology, 2018-2030 (USD Million)
Table 83 South Africa metaverse in e-commerce market by application, 2018-2030 (USD Million)
List of Figures
Fig. 1 Market research process
Fig. 2 Metaverse in E-Commerce Market Segmentation
Fig. 3 Metaverse in E-Commerce Platform Landscape
Fig. 4 Information Procurement
Fig. 5 Data Analysis Models
Fig. 6 Market Formulation and Validation
Fig. 7 Data Validating & Publishing
Fig. 8 Market Snapshot
Fig. 9 Segment Snapshot (1/2)
Fig. 10 Segment Snapshot (2/2)
Fig. 11 Competitive Landscape Snapshot
Fig. 12 Metaverse in E-Commerce - Market Size and Growth Prospects (USD Million)
Fig. 13 Metaverse in E-Commerce Market: Industry Value Chain Analysis
Fig. 14 Metaverse in E-Commerce Market: Market Dynamics
Fig. 15 Metaverse in E-Commerce Market: PORTER’s Analysis
Fig. 16 Metaverse in E-Commerce Market: PESTEL Analysis
Fig. 17 Metaverse in E-Commerce Market Share by Platform, 2023 & 2030 (USD Million)
Fig. 18 Metaverse in E-Commerce Market, by Platform: Market Share, 2023 & 2030
Fig. 19 Desktop Market Estimates & Forecasts, 2018-2030 (Revenue, USD Million)
Fig. 20 Mobile/Tablets Market Estimates & Forecasts, 2018-2030 (Revenue, USD Million)
Fig. 21 AR/VR Headset Market Estimates & Forecasts, 2018-2030 (Revenue, USD Million)
Fig. 22 Metaverse in E-Commerce Market Share by Technology, 2023 & 2030 (USD Million)
Fig. 23 Metaverse in E-Commerce Market, by Technology: Market Share, 2023 & 2030
Fig. 24 Blockchain Market Estimates & Forecasts, 2018-2030 (Revenue, USD Million)
Fig. 25 Virtual Reality (VR) & Augmented Reality (AR) Market Estimates & Forecasts, 2018-2030 (Revenue, USD Million)
Fig. 26 Edge Computing Market Estimates & Forecasts, 2018-2030 (Revenue, USD Million)
Fig. 27 Others Market Estimates & Forecasts, 2018-2030 (Revenue, USD Million)
Fig. 28 Metaverse in E-Commerce Market Share by Application, 2023 & 2030 (USD Million)
Fig. 29 Metaverse in E-Commerce Market, by Application: Market Share, 2023 & 2030
Fig. 30 Virtual Stores Market Estimates & Forecasts, 2018-2030 (Revenue, USD Million)
Fig. 31 Virtual Events Market Estimates & Forecasts, 2018-2030 (Revenue, USD Million)
Fig. 32 Metaverse in E-Commerce Market Revenue, by Region, 2023 & 2030 (USD Million)
Fig. 33 Regional Marketplace: Key Takeaways
Fig. 34 North America Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 35 U.S. Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 36 Canada Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 37 Europe Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 38 UK Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 39 Germany Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 40 France Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 41 Italy Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030,) (USD Million)
Fig. 42 Spain Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 43 Netherlands Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 44 Asia-Pacific Metaverse in E-Commerce Market Estimates and Forecast, 2018-2030 (USD Million)
Fig. 45 China Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 46 Japan Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 47 India Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 48 South Korea Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 49 Australia Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 50 Latin America Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 51 Brazil Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 52 Mexico Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 53 Argentina Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 54 MEA Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 55 Saudi Arabia Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 56 UAE Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 57 South Africa Metaverse in E-Commerce Market Estimates and Forecasts, 2018-2030 (USD Million)
Fig. 58 Key Company Categorization
Fig. 59 Company Market Positioning
Fig. 60 Key Company Market Share Analysis, 2023
Fig. 61 Strategic Framework

Companies Mentioned

  • Alibaba Group
  • Meta Platform, Inc.
  • Tencent Holdings Ltd.
  • Nvidia Corporation
  • Microsoft Corporation
  • Epic Games, Inc.
  • Roblox Corporation
  • Unity Technologies, Inc.
  • Nextech AR Solutions Corp.
  • The Sandbox
  • Decentraland
  • Antier Solutions Pvt. Ltd.
  • Innowise Group
  • Aetsoft Inc.

Methodology

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About the Metaverse in Retail Market

In the context of computing, the Metaverse in Retail refers to the intersection of advanced technologies such as virtual reality (VR), augmented reality (AR), and blockchain, allowing consumers to interact with products and services within a virtual world that mirrors the physical retail environment. Retailers leverage the metaverse to enrich the customer experience by providing a three-dimensional shopping platform where users can navigate through virtual stores, try on clothing virtually, or experience products in a simulated environment before making purchases. This integration of the metaverse into retail computing systems merges online shopping with immersive digital experiences, thereby transforming traditional e-commerce into a more interactive and engaging process. Several major companies are exploring the retail aspects of the metaverse. Tech giants like Meta Platforms (formerly Facebook), Microsoft, and Google are investing in AR and VR to enhance shopping experiences. Retail behemoths like Walmart and Amazon are experimenting with these technologies to offer virtual try-on and in-metaverse storefronts. Fashion industry leaders such as Nike and Gucci have also entered the space, creating digital goods and experiences that resonate with their brands. These companies, among others, are at the forefront of shaping the future of retail within the metaverse. Show Less Read more

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