
Metaverse to Create Strong Economy in 2023 and Ahead
By Indu Tyagi Ketan , 08 February, 2023
Meta is ruling the social media platform with Facebook and Instagram taking the lead. With Meta releasing many tools and features over all these years, advertisers have more resources to scale up their campaigns even faster.
Since Meta dominates machine learning, launching automated campaign types have become more efficient. Thus, advertisers have more options to manage these elements in campaigns.
The reports have revealed the financial statements of the company, stating the billions of dollars had sunk into the project already- the project of Zuckerberg taking the potential of metaverse seriously. According to the surveys, gaming and e-commerce will attract largest segments with $163 billion and $201 billion respectively in terms of revenue by 2030. Also, by the end of the decade, the metaverse’s reach is expected to be 700 million people globally. And the highest penetration rate is anticipated from South Korea.
Meta's Market Value

Latest News

The Plant-Based Surge: New Meat Alternatives Hitting APAC Shelves Market 2025 is benefitting from an innovation cycle, a change in diet preferences, and sustainability needs. There is an emerging focus from start-ups, universities, and global food…

The global packaging industry is projected to have a sharp increase in the consumption of recycled polymers in relation to sustainability goals by 2025. This change is likely caused by regulations, business commitments to sustainability, and advances…

The Flexible Packaging Market’s role in reducing food waste in 2025 is becoming increasingly pivotal as governments, food producers, and packaging companies align around sustainability targets. With global food waste exceeding 1.3 billion tons…

In 2025, the CnM (Composites and Materials) Market is witnessing a pivotal shift as green chemistry startups accelerate the production of bio-based resins, driven by regulatory pressures and sustainability commitments across industries. The momentum…

In the first quarter of 2025, India experienced a remarkable decline of 12 percent in the cost of solar photovoltaic (PV) systems for the first time in history. This is a turning point for the country's renewable energy sector. The improvements in…

Chief Strategy Officer
Latest News




