Metaverse Infrastructure Market Size, Share, Growth Analysis, By Technology(Blockchain, Virtual Reality (VR) & Augmented Reality (AR), Mixed Reality (MR), Others), By Application(Gaming, Online Shopping, Content Creation, Social Media), By Components(Hardware and Software), By Platform(Desktop and Mobile), By Offering(Virtual Platforms, Asset Marketplace, Avatars, Financial Services), By End-use(Fashion, Media & Entertainment, Education, Aerospace & Defense), By Region - Industry Forecast 2024-2031

In 2021, North America is expected to have the biggest Metaverse Infrastructure Market share of more than 42.0% in the market. The regional growth of the market is attributed to the presence of numerous players operating in the Metaverse Infrastructure Market in the North American region. Players such as Google Inc. (US), Microsoft Corp. (US), Meta Platforms Inc. (US), Oculus VR (US), Magic Leap Inc. (US), and Vuzix (US) among others are significantly aiding the growth of the Metaverse Infrastructure Market by bringing the metaverse concept to the people. Consumer’s positive outlook and wide acceptance of technology is another major aspect that contributes to the growth of the market.

Further, the rising number of start-ups focusing on the creation of metaverse platforms for commercialization; significant concentration of gaming and metaverse companies like The Sandbox, Nvidia Corporation, and Epic Games, Inc., focusing to merge metaverse into games; are some other aspects that contribute to the global metaverse infrastructure market growth in the region. Furthermore, the Asia Pacific region is also likely to register significant growth in the market in the upcoming years. This is due to the increasing number of startups in the region along with the implementation of advanced technology such as 5G in economies such as China, India, and others.