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metaverse

Global metaverse market likely to reach $996 bn in 2030

The global metaverse market is expected to reach $996 billion in 2030, registering a compound annual growth rate (CAGR) of 39.8 per cent. The metaverse market size reached a value of $22.79 billion in 2021, according to GlobalData, a leading data, and analytics company.

Metaverse malaise

Policymakers across the world must begin thinking about what the rules, regulations, and standards for metaverse company behaviour should be.