Friday, 24 March, 2023

Growth of Auto Metaverse Market Depends On Supplemental Technological Developments

<p>MarketsandMarkets predicted that the automotive metaverse market will increase from USD 1.9 B in 2022 to USD 16.5 B in 2030, at a CAGR of 31.4%.&nbsp;Through virtual showrooms and XR-based technologies like VR simulation, many automakers and dealers provide users and customers immersive experiences. It is implied that the Middle East and Africa are the fastest growing markets for the metaverse for automotive due to the tremendous investment in this sphere.&nbsp;</p>