Described as the most important invention of the digital world after the internet, metaverse economy continues to develop with the increasing number of users. There is a great interest in the digital universe. The development of the universe today and its future are also a matter of great curiosity.

The Metaverse World is Far Beyond the Game

The metaverse economy will rise to the level of 8 to 13 trillion dollars by 2030. Moreover, approximately 5 billion active users will take place in the metaverse universes. In addition, the metaverse world will go beyond gaming. It will also cover areas such as art, media, advertising, commerce and health.

Projected Growth in 2022 as 20 Percent

Currently, we are expecting that the metaverse economy will reach a market value of $50.37 billion by 2026. Furthermore, the impact of the concept of metaverse on various geographical regions analyzed from two different perspectives. Those perspectives are about hardware and software. The predicted growth rate of the Metaverse sector this year is reflected in the data as 20.11 percent.

Metaverse Economy Over $21 Billion

Metaverse is considered an important investment opportunity by many users. With the investments of important brands such as Facebook, McDonalds, Disney and Gucci, it gained a great economic momentum. Today’s metaverse economy has risen to over $21 billion. Accordingly, experts state that the total valuation could reach $800 billion in the next two years.

Real Estate Transactions Crashed in Metaverse

According to data provided by The Information, the average price per parcel of virtual lands offered in metaverse projects has depreciated by more than 66 percent in the first half of 2022. On the other hand, he also states that the monthly transaction volumes of real estates in 6 major metaverse platforms have decreased. Data from The Information reveals that transaction volumes have dropped by 90 percent in the last 6 months.

We think that the metaverse economy will gain momentum again with Horizon World, where Facebook has released its beta version in the USA and Canada. On the other hand, we can say that the metaverse economy, which has developed as the first communication agency in the metaverse universe, will bring radical changes in the communication sector. In particular, the contact between the marketing and IT teams will increase and these two different disciplines will be super dual in the future.

Final Thoughts

To sum up, the game industry is one of the most important elements of today. Good image quality, being powerful, and extensible are among the most significant features to look for in the games you will play. We can help you in this regard with our sectoral knowledge and extensive connections. For more detailed information on the subject, visit our website. At the same time, you can reach us through our communication channels and review our work through our social media channels (Instagram, Reddit, Twitter, and GitHub).

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