Metaverse - Ireland
Ireland- The projected value of the Metaverse market in 2025 is estimated to reach US$285.0m.
- It is expected to demonstrate a compound annual growth rate (CAGR) of 39.40% from 2025 to 2030, resulting in a projected market volume of US$1.5bn by 2030.
- The United States dominates the market, with a projected market volume of US$32.1bn in 2025.
- In terms of user base, the number of users in the Metaverse market is projected to reach 3.7m users by 2030.
- The user penetration rate is anticipated to be 29.6% in 2025, with a significant increase to 70.1% by 2030.
- The average value per user (ARPU) is expected to be US$187.8.
- It is important to note that these projections and figures apply to the global market, including in Ireland.
- Ireland's Metaverse market is rapidly expanding, with a surge in virtual reality experiences and immersive gaming platforms.
Definition:
The term metaverse refers to a virtual world or collection of virtual worlds that exist in a shared digital space and can be accessed by users through the internet. It typically includes virtual reality, augmented reality, and other immersive technologies. Its scope encompasses a wide range of possibilities and opportunities in education, entertainment, health and fitness, and even remote work, but it is commonly associated with eCommerce and gaming.Structure:
The Metaverse market covers the markets eCommerce, Gaming, and Education. The eCommerce market covers all goods that can be purchased and distributed within and throughout the metaverse. Gaming encompasses all games that are either directly involved in classified metaverse apps or collaborative open-world games. Education covers the range of possibilities for consumers to experience courses, classes, field trips, and more in the metaverse. For a more detailed explanation of all the markets, see the respective market page.Additional Notes:
The market comprises market sizes, users, average revenue per user, and penetration rates. Market sizes are generated through in-app purchases, advertising spending, and consumer spending on apps, games, items, products, and hardware such as headsets or glasses. Sales channel data shows both online and offline market sizes. Information on gaming, eCommerce, virtual assets, digital media, digital health, digital advertising, and education can also be found in the Digital Market Insights. Information on AR & VR hardware can also be found in the Advertising & Media Insights. Key players of the market include companies such as Meta, Roblox, Epic Games, and Decentraland.In-Scope
- Open-world games with social interaction, such as Fortnite
- Ecommerce marketplaces, such as NIKELAND in Roblox
- Virtual Assets used to buy goods in the metaverse, such as Ethereum
- Education in form of online classes or certificates in the metaverse, such as Decentraland University
Out-Of-Scope
- Non-related open-world games, such as World of Warcraft
- Physical goods, service and products bought with cryptocurrencies, such as Fashion
- Non-fungible Tokens bought as personal collectable, such as non-metaverse selection on OpenSea
