âŊMarket overview
Last updated
Last updated
The digital assets market, estimated at nearly US$ 1 trillion and in rapid growth, received increments that boosted technological advances in these sectors thanks to the introduction of decentralized applications (DApps). Demand for virtual reality driven by advances in technologies such as Augmented Reality (AR), Virtual Reality (VR) and Mixed Reality (MR) has also played a part in this growth. The advancement of these technologies are composing a base infrastructure to support the idea of ââa "Metaverse", a next-level Internet where people can experience places, carry possessions and move between immersive experiences in this digital universe.
On the other hand, it is estimated that the sports industry exceeds a $500 billion market, taking into account that there are more than 3 billion soccer fans worldwide.
Virtual reality in the world already has a gaming industry market size of $1.1 billion moves in 2020. The market is projected to jump to $53.44 billion by 2028 with a growth rate (CAGR) of 31.4% in the period 2021-2028.