new york, October 18, 2023 /PRNewswire/ — “Metaverse in the e-commerce market platform (computer, mobile, headset), technology (AR and VR, blockchain, mixed reality, etc.), and geography (North America,Asia Pacific, Europe, south americaand middle east and Africa) – Forecasting and Analytics 2023-2027″ report has been added to Technavio products. ISO 9001:2015 certified, Technavio has proudly partnered with over 100 Fortune 500 companies for over 16 years Differences in Metaverse Growth Potential Growth in the e-Commerce Market from 2022 to 2027 $85.88 billion. Gain deeper insights into market size, current market scenario, future growth opportunities, key growth drivers, latest trends, etc. Purchase the full report here
Rising popularity of AR technology is a key factor driving market growth. As augmented reality technology grows in popularity, consumers can now fully trust the quality of a product before purchasing it. This not only benefits customers in terms of convenience, but also benefits merchants in terms of reduced returns and expanded customer base. Moreover, adding the metaverse to an already creative field will bring something not previously available to e-commerce.
Privacy and security concerns in the metaverse are significant challenges restricting the market growth. While businesses and organizations continue to modernize their IT security systems, users of this metaverse have long had concerns about data protection and safety. A large amount of information about users and their environment is collected and processed by the metaverse. As a result, security and privacy breaches can negatively impact and damage the Organizer’s reputation.
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The e-commerce market metaverse is segmented by platform (computer, mobile, headset), technology (AR and VR, blockchain, mixed reality, etc.), and geography (North America,Asia Pacific, Europe, south americaand the middle east and Africa).
- market share growth due to computer segment will become important during the forecast period. In 2020, most consumers using Amazon.com Inc.’s desktop site to purchase products were found to be using a desktop or laptop. Additionally, many websites are built with the desktop in mind, so you can use this method to display most functionality. For those who have a good internet connection and fast speeds, a desktop is also preferred, as the speed of a fixed connection is about the same as a mobile phone.
- North America is predicted to hold 39% Market share in 2023 is
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Major Metaverse players in the e-commerce market:
Adobe Inc., Alibaba Group Holding Ltd., Amazon.com Inc., Autodesk Inc., Block Inc., Dealskart Online Services Pvt. Ltd., Epic Games Inc., Globant SA, Kestone CL US Ltd., Magic Leap Inc. , Matterport Inc., Meta Platforms Inc., Microsoft Corp., NVIDIA Corp., Queppelin, Roblox Corp., Salesforce.com Inc., Shopify Inc., Unity Software Inc., and SAP SE
of Metaverse markets in finance is estimated to grow at a CAGR of 21.33% from 2022 to 2027. The market size is predicted to increase by US$ 107.06 billion.
of Metaverse in the healthcare market The healthcare market size is estimated to grow at a CAGR of 34.92% during 2022-2027. The Metaverse market size for healthcare market is projected to increase by USD 5,624.07 million.
table of contents:
Understanding market size
Past market size
five forces analysis
Market segmentation by platform
Market segmentation by technology
Market segmentation by geography
Drivers, challenges and trends
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