​​❓Did you know the concept of a metaverse is derived from Neal Stephenson’s epic novel Snow Crash published in 1992?

📚Stephenson used the term to refer to a virtual universe inhabited by millions of users, who could interact with each other and with software applications in this environment. The book was credited with introducing the general public to the concepts of virtual reality and is often cited as the inspiration for modern-day virtual world platforms like Second Life.

The idea has been used many times before, both in cyberpunk fiction (William Gibson’s Neuromancer) and by non-fiction writers employing virtual reality to describe the potential of all online communities.

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​​Did you know the metaverse market is expected to be worth $800 billion by 2024?

🚀By 2024, experts are estimating it’ll be worth nearly $800B. The total metaverse market size is expected to reach 2.7x the revenue of gaming software, services, and advertising.

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​​🔥Did you know that by 2030, the Metaverse market will be worth between $8T and $30T?

Thanks to its flexible and endless nature, the metaverse is absorbing market share from personal computers, game consoles, smartphones, headsets, and beyond. This large ecosystem is device-agnostic making its total addressable market larger than ever. This 2030 market share estimate comes from a forecasted metaverse user base of 5B.

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​​Did you know what size of Metaverse Market?

🔥According to statistics, the Metaverse was valued at $47.69 billion in 2020. Moreover, the Metaverse will be worth more than $800 billion by 2028.

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​​Did you know that most people would spend up to $1,000 on advanced VR gear?🧐

Metaverse facts reveal that 35% of people are willing to spend between $700 and $1,000 on VR gear that allows them to physically feel everything they experience in the metaverse.

Those willing to spend up to $700 rank second with 33%, followed by those who would spend $1,000-$1,500 on advanced VR gear (10%) and those who are willing to splurge more than $1,500 (4%).

19% of people wouldn’t spend any money on advanced VR gear such as haptic suits, treadmills, gloves, shoes, etc., that would allow them to physically feel everything they experience in the metaverse.

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​​❓Did you know that worldwide metaverse market value will reach $1.607 trillion by 2030 and record a 43.3% CAGR growth?

🔥Moreover, it is expected that the market size could reach $783.3 billion already in 2024.

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​​Did you know that 74% of US adults are joining or considering joining the metaverse?

✔According to statistics, almost three-fourths of the US population is on board for joining the metaverse. Why so many? The top reasons for joining the metaverse are to experience things they can’t in physical reality (41%), to communicate with others in the metaverse (40%), and to escape their physical surroundings (28%). These interests provide a wide metaverse user demographic range.

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​​Did you know that global shipments for AR/VR devices in 2024 will reach 76.7 million?

✔️ Moreover, it is predicted that AR and VR headset sales will increase in the following years, with combined technologies selling over 26 million units annually by 2023.

#blockchain #playtoearn #metaverse #facts #trends #gametoken #VR #AR

​​Did you know that 32% of market growth in the Metaverse comes from North America?

💹It has invested in leading platforms like Meta, Corporation, Roblox, NVIDIA Corporation, and others.

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​​Did you know that the global virtual fitting room market size is forecast to grow from approximately $3 billion in 2022 to $13 billion in 2028?

⚡The Covid pandemic significantly accelerated online shopping, but consumers still largely prefer to shop for clothes in person. But this may change once virtual fitting rooms start to see mainstream use. For businesses, a fully functioning virtual fitting room can facilitate proper sizing, mixing and matching outfits, upselling, and testing new designs.

#blockchain #playtoearn #metaverse #facts #trends #gametoken #VR #AR

​​Did you know that 400 million people worldwide are active users of the metaverse?

⚡Although still very early, around 400 million people are users of the metaverse. Of those, 80% of metaverse users are younger than 16. Although many industries are pursuing opportunities within the metaverse, most current metaverse applications are geared toward gamers. Top virtual games include Roblox, Minecraft, and Fortnite, which have 210, 160, and 80 million active users, respectively.

#blockchain #playtoearn #metaverse #facts #trends #gametoken #VR #AR

​​Did you know that it is estimated that one billion people need to be trained differently by 2030?

And the metaverse could be of assistance.
❕But in the same time, only 28% of the US population can envisage educational prospects in the metaverse.

#blockchain #playtoearn #metaverse #facts #trends #gametoken #VR #AR

​​Did you know that 53% of people are willing to spend over $300 on basic VR headsets and controllers?

❕More than half of consumers state they'd invest a modest $300 on basic VR products. 48% of consumers say they’d be willing to spend $700 or more on advanced VR gear, such as helmets, gloves, and sleeves (assuming the products enable the user to feel in life what their avatar is experiencing in the game.)

#blockchain #playtoearn #metaverse #facts #trends #gametoken #VR #AR

​​Did you know that ️ 70% of consumers between the ages of 16 and 44 are aware of AR? Despite the fact that the technology became available only a few years ago.

💥Stats show that the adoption rate is akin to that of eCommerce.

#blockchain #playtoearn #metaverse #facts #trends #gametoken #VR #AR #ecommerce

​​Did you know that 50% of US adults say lower-priced VR headsets are the primary factor driving the use of the metaverse?

🎲 A survey of over 4,000 US adults found that the primary factor driving the use of the metaverse is lower-priced VR headsets. After pricing, the next most relevant factors, in order of importance, are larger amounts of content (40%), adoption by family and friends (39%), government regulations (36%), and use in the workplace (30%).

#blockchain #playtoearn #metaverse #facts #trends #gametoken #VR #AR #ecommerce

​​Did you know that one-fourth of US adults believe the metaverse could completely replace social media?

⚡In a survey of US adults, 24% believe the metaverse could entirely supplant current social media platforms. However, 42% believe that it will be used for social media, but will not totally replace existing social media networks.

#blockchain #playtoearn #metaverse #facts #trends #gametoken #socialmedia

Did you know what potential the metaverse has?
💹 Goldman Sachs, a renowned global investment bank, has forecasted the metaverse as a potential $8 trillion opportunity. Many other experts have made similar predictions, stating that the metaverse holds immense market potential in the multitrillion-dollar range.
#blockchain #playtoearn #metaverse #facts #trends #gametoken #market