Technavio: Metaverse market capitalization will exceed $50 billion by 2026

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Analysts of an international companyTechnavio in its report “Metaverse Market in Finance by Component and Geography – Forecast and Analysis 2022-2026” states that the metaverse market will show significant growth.

The report's authors analyzed the growthmetaverses over five periods, from 2021 to 2026, and concluded that by 2026 the combined Metaverse will reach a market value of $50.37 billion.

According to analysts, the momentum in the marketso strong that the average annual growth rate can be predicted to accelerate by almost 21%. In 2022 alone, growth is projected at 20.11%. In terms of regions, the largest share of 32% will come from the countries of the North American region, where Canada and the United States are leading. Among the main consumers of metaverse content are China and Germany.

Analysts specify that interest inmetaverses can be observed all over the world. In June, the United Arab Emirates launched its Dubai Metaverse strategy to become one of the top 10 economies in the Metaverse. The report highlights leading applications for virtual worlds. According to the survey, the top 7 best wallets for the metaverse include Meta Mask, Enjin Wallet, Coinbase, Math Wallet, Alpha Wallet, Coinomi and Trust Wallet.

In July, the analytical agency Technaviopublished a report claiming that real estate sales in metaverses will reach $5 billion by 2026. The American weekly publication Time reported that the penetration of metaverses into everyday life and public consciousness will change the world and this will lead to the fact that metaverses will control most of the physical world. peace.