Advance Market Analytics recently released a comprehensive research report on the Global Metaverse Real Estate Market, providing insights up to 2030. The report spans 232 pages and includes informative tables and charts for easy understanding. The study highlights emerging trends, drivers, restraints, and opportunities for stakeholders in the market. The growth of the Metaverse Real Estate market is attributed to the increasing R&D investments worldwide.
Key players profiled in the study include Axie Infinity, Cryptovoxels, Decentraland Foundation, Linden Lab, Somnium Space LTD., SuperWorld Inc., TandB Media Global Thailand Co. LTD., The Sandbox, The Voxel Agents, and Tokens.com.
Real estate in the metaverse mirrors the real world, with prices based on factors like location, population, and demand-supply dynamics. The metaverse encompasses digital worlds where users can socialize, attend virtual events, play games, and engage in buying and selling activities.
In 2021, T&B Media Global (Thailand) announced a 10 billion baht investment to launch the Translucia metaverse, in collaboration with property developer Magnolia Quality Development Corporation (MQDC). MQDC plans to develop projects in the metaverse, becoming the first property developer to utilize Translucia and establish MQDC Metaverse for city development and digital real estate initiatives.
The report segments the Global Metaverse Real Estate Market by end-user (commercial, residential) and component (hardware, software). Market opportunities include technological advancements in device security, enhanced user security, and growing confidence among users.
Market drivers for the Metaverse Real Estate Market include increased investments, rising popularity among the population, and a growing interest in NFTs in the metaverse. The report also outlines trends and offers insights to help stakeholders gain market understanding, identify growth opportunities, and analyze market trends for future decision-making.
Regions covered in the report are North America, Europe, Asia Pacific, Oceania, South America, Middle East, and Africa. Country-level analysis includes the United States, Canada, Mexico, Brazil, Argentina, and several others.
The report concludes with strategic points covering market dynamics, competitive landscape, market segmentation, and key manufacturers. The Metaverse Real Estate Market report serves as a valuable resource for individuals and companies seeking guidance in this evolving market landscape.