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Bain predicts Metaverse could be $900B business by 2030

Virtual experiences across gaming, fitness and entertainment will compete for market share

 

Image Credit: AIX Exchange

The metaverse could become a $900 billion business by 2030, but may remain in an early stage of development for at least another five to 10 years, according to a new report by Bain & Company

The five tech spaces that will shape the metaverse are virtual experiences, content-creation tools, app stores and operating systems, devices, and computing and infrastructure.

Although the Bain report, ‘Taking the Hyperbole Out of the Metaverse’ forecasts a  $900 billion industry, it also sees the sector remaining in seed stage for the next five to ten years.

Chris Johnson, partner at Bain’s Techn


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