Global Metaverse In Automotive Market

Metaverse In Automotive Market Size, Share, Growth Analysis, By Product(Hardware and Software), By Technology(Virtual reality, augmented reality, mixed reality, non fungible token), By Solution(Hardware, Connectivity Services), By Region - Industry Forecast 2025-2032

Report ID: SQMIG45D2081 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 89 | Figures: 69

Metaverse In Automotive Market News

  • In June 2022, Siemens, a leader in industrial automation and software, transportation, building technology and infrastructure and NVIDIA, a pioneer in artificial intelligence (AI) and accelerated graphics, announced an expansion of their partnership to enable industrial metaverse and increase use of AI-driven digital twin technology that will help bring industrial automation to a new level.
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Metaverse In Automotive Market size was valued at USD 1.9 Billion in 2023 and is poised to grow from USD 2.67 Billion in 2024 to USD 42.1 Billion by 2032, growing at a CAGR of 40.58% during the forecast period (2025-2032).

Competition in the global Metaverse In Automotive market is expected to increase during the forecast period because new players are expected to enter in the global market and the number of devices compatible with Metaverse In Automotive will also increase. Currently, only a few key players are providing their services in the global market but these numbers will increase in the upcoming years. 'Active Theory ·', 'AWS ·', 'Decentraland ·', 'Dapper Labs ·', 'Epic Games ·', 'Medium ·', 'NVIDIA', 'Synthesis AI.', 'Apple', 'Microsoft', 'Spatial', 'crypto voxels', 'Somnium space'

The major companies all across the globe are taking the advantage of the gaming part of metaphors to increase the brand awareness and to communicate with customers more efficiently.3 Mercy Online experiences and virtual world Simulator was the companies are increasing the brand engagement by capitalizing the gamification of metaverse.Fortuities in the segment such as BSR, XR, Cloud Gaming, AI in social media, is port virtual fitting rooms and AR VR hardware providing new revenue Prospects to the automotive sector.

Automotive infotainment is one of the major sectors in the automotive industry and AR, VR,MR are expected to find applications in it.Major automotive firms across the globe have developed 10 partnered with companies that provide AR and VR based infotainment using metaverse.

Globally, North America is estimated to hold the highest global Metaverse In Automotive market share. Main factors during this growth period is the presence of top market players such as Microsoft,meta, Unity technologies. and others. To provide an immersive experience to the users through virtual showrooms, automotive OEMs like General Motors and Ford have been using the technology for designing cars.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Metaverse in FnB Market
Buy Now GET FREE SAMPLE
Metaverse Market
Buy Now GET FREE SAMPLE
Metaverse Infrastructure Market
Buy Now GET FREE SAMPLE
Metaverse in E-commerce Market
Buy Now GET FREE SAMPLE
Metaverse in Retail & E-commerce market
Buy Now GET FREE SAMPLE
Automotive Infotainment Market
Buy Now GET FREE SAMPLE
Automotive Aftermarket Market
Buy Now GET FREE SAMPLE
Metaverse in Real-Time Rendering Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Metaverse In Automotive Market

Report ID: SQMIG45D2081

$5,300
BUY NOW GET FREE SAMPLE